Showing posts with label ERTS. Show all posts
Showing posts with label ERTS. Show all posts

Tuesday, December 9, 2008

Earnings - 9th Dec 2008

5:11PM Pall Corp beats by $0.02, reports revs in-line; reaffirms FY09 EPS in-line (PLL) 27.29 -0.74 : Reports Q1 (Oct) earnings of $0.40 per share, excluding non-recurring items, $0.02 better than the First Call consensus of $0.38; revenues rose 3.0% year/year to $578 mln vs the $578.7 mln consensus. Co reaffirms above consensus guidance for FY09, sees EPS of $2.15-2.30 vs. $2.00 consensus. Co says, "PLL's market diversity and strength across the globe should help mitigate the impact of economic turmoil. We maintain a strong balance sheet, solid liquidity and are well positioned for the long term. Yet we are not immune to recessionary pressure. Our expectation is that revenue growth will not exceed 4% (in LC) for this fiscal year. Our established business improvement initiatives provide strong levers to achieve our goals.

4:13PM SAIC reports EPS in-line, beats on revs (SAI) 18.34 -0.08 : Reports Q3 (Oct) earnings of $0.29 per share, in-line with the First Call consensus of $0.29; revenues rose 11.3% year/year to $2.63 bln vs the $2.6 bln consensus. Co expects to grow revenue internally 6-9% for FY09; grow EPS 11-18% in FY09.

4:04PM G-III Apparel beats by $0.01, beats on revs; lowers FY09 guidance (GIII) 5.65 -0.36 : Reports Q3 (Oct) earnings of $1.68 per share, $0.01 better than the First Call consensus of $1.67; revenues rose 29.6% year/year to $351.6 mln vs the $338.3 mln consensus. Co issues lowers guidance for FY09, to EPS of $0.95-1.05 vs. $1.27 consensus, prior guidance $1.35-1.40; sees FY09 revs of $715 mln vs. $707.15 mln consensus, prior guidance $730 mln. The Company is also now forecasting EBITDA for the fiscal year ending January 31, 2009 to increase approximately 7% to 15% to a range of approximately $40.5 to $43.5 million compared to its prior guidance of EBITDA in the range of $54.0 million to $55.5 million.

4:00PM Electronic Arts announces that it expects net revenue and EPS for FY09 to be below the financial guidance previously provided (ERTS) 19.35 -2.52 : Co announces that it expects FY09 EPS and revs to be below the financial guidance previously provided (note co previously issued guidance that it sees FY09 $1.00-1.40 vs $1.16 First Call consensus; sees revs $5.0-5.3 bln vs $5.06 bln First Call consensus). The revised expectations are primarily the result of lower than expected sales across North America and Europe. The Company does not expect to provide updated financial guidance for fiscal 2009 prior to reporting its third quarter results in early February 2009. The Company is continuing to pursue cost saving initiatives including a reduction of its product portfolio for fiscal year 2010 with additional associated headcount reductions and facility consolidations.

9:08AM Agilent discloses it is lowering its fiscal first quarter 2009 guidance (A) 17.24 : Co lowers guidance for Q1 (Jan), sees EPS of $0.28-0.32, down from $0.34-0.38, vs. $0.35 First Call consensus; sees Q1 (Jan) revs of $1.25-1.30 bln, down from $1.34-1.39 bln, vs. $1.35 bln consensus.

8:53AM Kroger beats by $0.01, reports revs in-line; guides Q4 EPS below consensus (KR) 27.31 : Reports Q3 (Oct) earnings of $0.39 per share, ex-items, $0.01 better than the First Call consensus of $0.38; revenues rose 8.9% year/year to $17.58 bln vs the $17.42 bln consensus. Co issues downside guidance for Q4, sees EPS of $0.49-$0.52 vs. $0.53 consensus. Co reaffirms its identical supermarket sales guidance for FY08 and said it expects FY sales growth of 4.5-5.45%, ex-fuel. "Looking ahead to 2009, we are currently projecting identical supermarket sales growth, excluding fuel, of 3% to 5%. This will enable Kroger to generate earnings per share growth that, combined with Kroger's dividend, will create a favorable return for shareholders even in a difficult economic environment."

8:34AM KMG Chemicals reports Q1 EPS $0.14 vs $0.14 First Call consensus, a 37% increase over Q107; revs $52.2 mln vs $44.59 mln First Call consensus (KMGB) 3.99 : Co also maintains guidance for FY09, says "We are on track to meet our net sales goal of more than $200 million in fiscal 2009," vs consensus $195.72 mln.

7:02AM AutoZone beats by $0.05, reports revs in-line (AZO) 116.50 : Reports Q1 (Nov) earnings of $2.23 per share, $0.05 better than the First Call consensus of $2.18; revenues rose 1.6% year/year to $1.48 bln vs the $1.49 bln consensus.

12:19AM Mitcham Ind misses by $0.16, misses on revs; guides FY09 EPS below consensus, revs below consensus (MIND) 4.56 : Reports Q3 (Oct) earnings of $0.18 per share, excluding tax benefit, $0.16 worse than the First Call consensus of $0.34; revenues fell 15.5% year/year to $14.6 mln vs the $21.9 mln consensus. Co issues downside guidance for FY09, sees EPS of $0.96-1.10 vs. $1.33 consensus; sees FY09 revs of $67.0-70.0 mln vs. $80.83 mln consensus. Co announces Seamap was awarded orders totaling approx $11.0 mln by The Polarcus Group of Companies.

Tuesday, July 29, 2008

Earnings - 29th July 2008 (2)

6:07PM Covenant Transport beats by $0.17, beats on revs (CVTI) 4.43 +0.36 : Reports Q2 (Jun) loss of $0.17 per share, $0.17 better than the First Call consensus of ($0.34); revenues rose 17.6% year/year to $208.7 mln vs the $189.4 mln consensus. Co says, "July has started out consistent with most years, characterized by soft freight demand for the first couple of weeks and the third week of July improving. Our operating metrics concerning average miles per truck and freight rates are about what we had expected and reflect a modest improvement over the first three weeks of July 2007. We are expecting continued steady improvement in the relationship between capacity and demand during the third quarter of 2008, although it is possible that some lanes and regions could see significant jumps in the spot quote rate market as we believe there is limited excess capacity remaining industry-wide."

5:51PM FMC Corp beats by $0.11, beats on revs; guides Q3 EPS above consensus; guides FY08 EPS above consensus (FMC) 65.15 -0.56 : Reports Q2 (Jun) earnings of $1.29 per share, excluding non-recurring items, $0.11 better than the First Call consensus of $1.18; revenues rose 22.6% year/year to $806.6 mln vs the $726.1 mln consensus. Co issues upside guidance for Q3, sees EPS of $0.95-1.05, excluding non-recurring items, vs. $0.90 consensus. Co raises guidance for FY08, sees EPS of $4.20-4.40, excluding non-recurring items, vs. $4.08 consensus, up from $3.90-4.10. Co says, "We look for continued earnings growth in Agricultural Products driven by broad-based sales growth. In Specialty Chemicals, we expect earnings growth to be realized through strong commercial performance in BioPolymer and lithium. Industrial Chemicals will continue to derive significant benefit from higher selling prices and volume growth across the segment. We are confident that we will achieve these results despite the headwind of accelerating raw material cost increases in all our businesses."

5:13PM Healthspring beats by $0.28, beats on revs; raises FY08 EPS above consensus, reaffirms revs in-line (HS) 17.66 +0.35 : Reports Q2 (Jun) earnings of $0.72 per share, $0.28 better than the First Call consensus of $0.44; revenues rose 49.3% year/year to $554.7 mln vs the $528.3 mln consensus. Co raises EPS guidance above consensus for FY08, sees EPS of $2.05-2.15 vs. $1.89 consensus, up from $1.85-2.00; reaffirms FY08 revs of $2.0-2.2 bln vs. $2.14 bln consensus.

4:27PM CB&I reports Q2 (Jun) results, misses on revs; reaffirms FY08 EPS guidance, guides FY08 revs in-line (CBI) 33.80 +0.74 : Reports Q2 (Jun) loss of $1.47 per share, includes charge, may not be comparable to the First Call consensus of ($1.31); revenues rose 41.2% year/year to $1.43 bln vs the $1.51 bln consensus. Co issues mixed guidance for FY08, sees EPS of $0.40-0.60 vs. $0.73 consensus; sees FY08 revs of $6.1-6.3 bln vs. $6.21 bln consensus. "CB&I announced previously that it is taking a pre-tax charge of approximately $317 million, or $2.38 per share, for forecasted cost overruns associated with two major LNG projects in the UK. 2008 new awards will be in the range of $6.5 to $7.0 billion."

4:24PM RadiSys beats by $0.08, beats on revs; guides Q3 EPS above consensus, revs above consensus (RSYS) 10.46 +0.70 : Reports Q2 (Jun) earnings of $0.14 per share, $0.08 better than the First Call consensus of $0.06; revenues rose 29.6% year/year to $97.6 mln vs the $87.8 mln consensus. Co issues upside guidance for Q3, sees EPS of $0.16-0.22 vs. $0.09 consensus; sees Q3 revs of $98-103 mln vs. $91.20 mln consensus. Co says Q3 gross margin percent is expected to be similar to or slightly up from Q2.

4:24PM Starent Networks beats by $0.08, beats on revs (STAR) 11.56 -0.27 : Reports Q2 (Jun) earnings of $0.25 per share, excluding non-recurring items and excluding stock based compensation, $0.08 better than the First Call consensus of $0.17; revenues rose 98.1% year/year to $61.2 mln vs the $57.9 mln consensus. Co also announced today that, in the litigation filed by UTStarcom in May 2007 against the co and certain employees and former employees alleging, among other things, patent infringement and trade secret claims, on July 23, 2008 the United States District Court for the Northern District of Illinois granted STAR's motion to dismiss ten of UTStarcom's fifteen claims, including the trade secret claims and all claims against the individual defendants.

4:18PM Incyte: misses by $0.05, misses on revs (INCY) 9.94 -0.40 : Reports Q2 (Jun) earnings of -$0.54 per share, $0.05 worse than the First Call consensus of -$0.50; revenues decreased 94.34% year/year to $0.6 mln vs $0.98 mln consensus.

4:09PM General Cable beats by $0.06, reports revs in-line; guides Q3 EPS below consensus, revs in-line (BGC) 61.56 +1.81 : Reports Q2 (Jun) earnings of $1.37 per share, $0.06 better than the First Call consensus of $1.31; revenues rose 48.6% year/year to $1.74 bln vs the $1.73 bln consensus. For Q3, co sees EPS of $1.17-1.27 vs. $1.28 consensus; sees Q3 revs of $1.675-1.725 bln vs. $1.69 bln consensus.

4:06PM GMarket beats by $0.09, misses on revs (GMKT) 21.56 +0.24 : Reports Q2 (Jun) earnings of $0.30 per share, $0.09 better than the First Call consensus of $0.21; revenues rose 26.2% year/year to $66.9 mln vs the $70.4 mln consensus. Co's gross merchandise value ("GMV"), which represents the total value of all items sold on Gmarket's website, increased by 25% to Won 971.1 billion ($927.7 million) for the second quarter of 2008 compared to Won 780.0 billion for the same period in 2007.

4:04PM Electronic Arts misses by $0.09, misses on revs; reaffirms FY09 guidance (ERTS) 47.40 +1.35 : Reports Q1 (Jun) loss of $0.42 per share, excluding non-recurring items, $0.09 worse than the First Call consensus of ($0.33); revenues rose 41.3% year/year to $609 mln vs the $639.9 mln consensus. Co reaffirms guidance for FY09, sees EPS of $1.30-1.70, excluding non-recurring items, vs. $1.59 consensus; sees FY09 revs of $5.0-5.3 bln vs. $5.15 bln consensus.

4:03PM Buffalo Wild Wings beats by $0.04, beats on revs (BWLD) 31.04 +1.78 : Reports Q2 (Jun) earnings of $0.31 per share, $0.04 better than the First Call consensus of $0.27; revenues rose 28.8% year/year to $97.9 mln vs the $94.6 mln consensus. Co guides FY08: rev growth of 20% and 25% net earnings growth target. Same-store sales continue to be strong in July, with increases of over 6% at company-owned and over 2% at franchised restaurants.

4:02PM Portfolio Recovery Assoc. misses by $0.06, misses on revs (PRAA) 42.24 +1.79 : Reports Q2 (Jun) earnings of $0.75 per share, $0.06 worse than the First Call consensus of $0.81; revenues rose 16.1% year/year to $63.6 mln vs the $66.4 mln consensus.