EPS & Earnings ... Hits & Misses

[madrose1]

* HWAY $39~$44~$50 in line with the Reuters Estimates consensus of $0.20; revenues rose 32.8% year/year to $100 mln vs the $96.2 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.20-0.21 vs. $0.24 consensus. Co issues upside guidance for FY06, sees EPS of $1.16-1.19, up from previous $1.10-1.14, vs. $1.12 consensus; sees FY06 revs of $415-435, up from $412-432 mln vs. $420.65 mln consensus. EPS consensus and actual are reported on a GAAP basis.

Jefferies upgrades Healthways (HWAY 39.52) to Buy from Hold and $50 tgt, as they see a strong rebound after good Q2 results and a raise in '06 guidance.