Earnings - 11th Nov 2008

5:18PM Intrepid Potash misses by $0.07, beats on revs (IPI) 19.46 -1.03 : Reports Q3 (Sep) earnings of $0.66 per share, $0.07 worse than the First Call consensus of $0.73; revenues rose 176.6% year/year to $146.3 mln vs the $143.3 mln consensus. Co reports Average net sales price for potash this quarter increased to $623 per short ton ($687 per metric tonne) compared to $193 per short ton ($213 per metric tonne) in the same period a year ago. Co guides, saying "we have lowered our full-year langbeinite production guidance range by ~15,000 tons. The change in guidance for langbeinite results primarily from a lower than budgeted operating factor in the East Mine, which we are working to improve through electrical upgrades undertaken during our extended maintenance turn-around. To keep this in perspective, our full year ore production from the East Mine for both potash and langbeinite are expected to exceed the comparable 2007 period output. The timing of sales and production volumes vary within specific reporting periods and may not be equal to one another as a result of building or selling down inventory balances."

5:04PM China Fire & Sec Grp beats by $0.02, misses on revs; reaffirms FY08 EPS in-line, revs in-line (CFSG) 7.85 -0.15 : Reports Q3 (Sep) earnings of $0.23 per share, $0.02 better than the First Call consensus of $0.21; revenues rose 44.0% year/year to $16.7 mln vs the $17.4 mln consensus. Co reaffirms guidance for FY08, sees EPS of at least $0.84 vs. $0.85 consensus; sees FY08 revs of at least $68 mln vs. $68.30 mln consensus.

5:04PM Atmos Energy beats by $0.05; guides FY08 EPS above consensus (ATO) 23.28 -0.61 : Reports Q4 (Sep) earnings of $0.02 per share, $0.05 better than the First Call consensus of ($0.03). Co issues upside guidance for FY08, sees EPS of $2.05-2.15, excluding excluding any material mark-to-market impact, vs. $1.98 consensus. "Looking forward to fiscal 2009 and beyond, we remain focused on continuing to achieve annual earnings growth per share in the 4 percent to 6 percent range, on average."

4:38PM Given Imaging beats by $0.01, misses on revs (GIVN) 8.17 -0.51 : Reports Q3 (Sep) earnings of $0.07 per share, $0.01 better than the First Call consensus of $0.06; revenues rose 12.3% year/year to $31.1 mln vs the $32.3 mln consensus. Co reaffirms guidance for FY08, sees EPS of $0.34-0.42, may not be comparable to $0.12 consensus.

4:36PM Home Inns beats by $0.01, beats on revs (HMIN) 7.96 -1.38 : Reports Q3 (Sep) earnings of $0.13 per share, excluding non-recurring items, $0.01 better than the First Call
consensus of $0.12; revenues rose 98.0% year/year to $77.7 mln vs the $75 mln consensus. Q3 EPS excludes the impact of the Top Star aquisition.

4:20PM MercadoLibre beats by $0.02, beats on revs (MELI) 10.33 -1.30 : Reports Q3 (Sep) earnings of $0.14 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.12; revenues rose 76.8% year/year to $40.3 mln vs the $37.9 mln consensus.

4:07PM Hologic reports EPS in-line, revs in-line; guides Q1 EPS in-line, revs below consensus; guides FY09 EPS below consensus, revs below consensus (HOLX) 12.40 -0.09 : Reports Q4 (Sep) earnings of $0.30 per share, excluding non-recurring items, in-line with the First Call consensus of $0.30; revenues rose 118.4% year/year to $442.5 mln vs the $438.6 mln consensus. Co issues in-line EPS guidance for Q1, sees EPS of $0.29-0.30, excluding non-recurring items, vs. $0.30 consensus; sees Q1 revs of $441-443 vs. $450.06 mln consensus. Co issues downside guidance for FY09, sees EPS of $1.22-1.24, excluding non-recurring items, vs. $1.30 consensus; sees FY09 revs of $1.83-1.85 bln vs. $1.87 bln consensus.

4:03PM Spectrum Brands misses by $0.09, beats on revs (SPC) 0.84 -0.18 : Reports Q4 (Sep) earnings of $0.06 per share, excluding non-recurring items, $0.09 worse than the First Call consensus of $0.15; revenues rose 7.2% year/year to $706.5 mln vs the $685.3 mln consensus.


8:42AM TJX Cos misses by $0.01, misses on revs; guides Q4 EPS below consensus (TJX) 23.70 : Reports Q3 (Oct) earnings of $0.54 per share, excluding non-recurring items, $0.01 worse than the First Call consensus of $0.55; revenues rose 2.2% year/year to $4.76 bln vs the $4.84 bln consensus. Co issues downside guidance for Q4, sees EPS of $0.68-0.72, excluding non-recurring items, vs. $0.74 consensus.

8:06AM Cameco beats by $0.09 (CCJ) 16.44 : Reports Q3 (Sep) earnings of $0.41 per share, $0.09 better than the First Call consensus of $0.32. Revenues increased 7.0% y/y to $729 mln (no consensus estimate available). Cameco anticipates consolidated revenue for the uranium, fuel services and nuclear electricity businesses to increase 10% to 15% over 2007 compared to the previous forecast of 3% to 10%. Revenues from the uranium and fuel services businesses are primarily denominated in US dollars. Therefore, the recent decline in the Canadian dollar relative to the US dollar is expected to have a favorable impact on revenues in 2008.

6:32AM Syneron Medical misses by $0.02, misses on revs (ELOS) 9.27 : Reports Q3 (Sep) earnings of $0.11 per share, excluding non-recurring items, $0.02 worse than the First Call consensus of $0.13; revenues fell 13.9% year/year to $28.5 mln vs the $29.6 mln consensus.