Earnings - 13th May 2009

6:22PM KongZhong beats by $0.04, beats on revs; guides Q2 revs above consensus (KONG) 7.22 -0.03 : Reports Q1 (Mar) earnings of $0.07 per share, $0.04 better than the First Call consensus of $0.03; revenues rose 38.0% year/year to $29.6 mln vs the $27.8 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $30.5-31.5 mln vs. $25.32 mln consensus.

5:12PM Enersys raises Q4 EPS guidance; sees FY09 EPS above consensus (ENS)17.75 -0.88 : Co raises Q4 EPS to $0.36 vs $0.29 First Call consensus, up from $0.30-0.34. These earnings were achieved in spite of a significant decline in revenue and were primarily due to the positive effects of our cost reduction activities and further reductions in commodity costs, net of pricing. Co sees FY09 EPS of $1.98 vs $1.91 consensus.

4:17PM URS beats by $0.29, beats on revs; guides FY09 EPS in-line, revs in-line (URS) 43.14 -0.61 : Reports Q1 (Mar) earnings of $0.92 per share, $0.29 better than the First Call consensus of $0.63; revenues rose 11.6% year/year to $2.52 bln vs the $2.34 bln consensus. Co issues in-line guidance for FY09, sees EPS of $2.80-2.95 vs. $2.93 consensus; sees FY09 revs of $9.5-10.0 bln vs. $9.87 bln consensus.

4:11PM Whole Foods beats by $0.06, beats on revs; guides FY09 (Sep) EPS in-line, revs in-line (WFMI) 19.99 -2.06 : Reports Q2 (Mar) earnings of $0.24 per share, excluding $0.05 in charges, $0.06 better than the First Call consensus of $0.18, revs fell 0.5% to $1.86 bln vs $1.87 bln consensus. Co issues in-line guidance for FY09 (Sep), sees EPS of 0.71-0.76, including ~$0.06 to $0.08 in estimated dilution from FTC-related legal costs and ~$0.17 in dilution from the Series A Preferred Stock. vs. $0.71 consensus; sees FY09 (Sep) revs of $8.0 bln vs. $8.04 bln consensus. As previously announced, the co is awaiting final approval of the settlement agreement reached with the FTC resolving its antitrust challenge to the co's acquisition of Wild Oats Markets. After receiving final approval by the FTC, the co expects to record a non-cash charge of up to $5.5 mln to adjust certain long-lived assets to fair value relating to the potential sale of the 13 operating stores. This is lower than the co's original estimate primarily due to non-cash asset impairment charges recorded during Q2 to adjust four of the 13 operating stores to fair value, which is determined based on long-term discounted cash flow projections.

4:07PM Jack In The Box beats by $0.07, misses on revs; guides FY09 EPS above consensus (JACK) 21.96 -1.72 : Reports Q2 (Mar) earnings of $0.51 per share, $0.07 better than the First Call consensus of $0.44; revenues rose 1.8% year/year to $578.4 mln vs the $588.5 mln consensus. Co issues upside guidance for FY09, sees EPS of $2.08-2.20 vs. $2.05 consensus. Co sees Flat to 2 percent increase in same-store sales at Jack in the Box company restaurants; 1 to 3 percent decrease in same-store sales at Qdoba system restaurants.

4:03PM American Science & Engineering misses by $0.12, misses on revs (ASEI)62.75 -0.64 : Reports Q4 (Mar) earnings of $0.92 per share, $0.12 worse than the First Call consensus of $1.04; revenues rose 36.4% year/year to $57.3 mln vs the $67.6 mln consensus.

7:45AM Tidewater beats by $0.15, misses on revs (TDW) 46.26 : Reports Q4 (Mar) earnings of $2.13 per share, $0.15 better than the First Call consensus of $1.98; revenues rose 3.1% year/year to $341.6 mln vs the $348.7 mln consensus.