Lufax Holding (LU)

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Eye On Stocks
Eye On Stocks For Wednesday, Oct. 26
Peter Kang, 10.25.05, 6:55 PM ET
Shares of Amazon.com fell 7.7% in the extended-trading session after the Internet retailer reported lower-than-expected third-quarter profit. Amazon posted earnings of 7 cents per share on sales of $1.86 billion. Analysts surveyed by Thomson First Call expected earnings of 10 cents per share on sales of $1.84 billion. The company projected fourth-quarter and fiscal 2005 guidance, which tracked slightly below analysts' forecasts.

Flextronics (nasdaq: FLEX - news - people ) was also battered in late trading as the electronics manufacturing services firm posted disappointing second-quarter results and guided to the downside for the third quarter. Flextronics announced income of 17 cents per share on sales of $3.88 billion, compared with analysts' estimates of 19 cents per share in earnings on sales of $4.11 billion. Third-quarter earnings are expected to range from 18 cents to 20 cents per share on revenue of $4.0 billion to $4.2 billion, lower than the current Street estimate of 25 cents per share in earnings and revenue $4.56 billion.

Lucent Technologies (nyse: LU - news - people ) is set to announce fourth-quarter earnings on Wednesday before the start of trading. The Wall Street consensus calls for the telecom equipment maker to report earnings of 5 cents per share on revenue of $2.46 billion, compared with year-ago earnings of 4 cents per share on revenue of $2.40 billion. Credit Suisse First Boston maintained a "neutral" rating and price target of $3.10 on the stock last Tuesday after Lucent announced a four-year contract with Cingular Wireless to provide IP Multimedia Subsystem (IMS) services. Lucent has "right-sized itself for survival," said CSFB, but concerns remain regarding the company's ability to generate profit amid a projected slowdown in capital spending by U.S. telecoms. "To better leverage its modest growth profile, we believe that Lucent will need to undertake another round of restructuring or to exit certain non-strategic business lines," it said.

F5 Networks (nasdaq: FFIV - news - people ) announced a fourth-quarter profit well above analysts' expectations and provided upside guidance for the fiscal first quarter. The network equipment maker posted earnings of 47 cents per share, on a pro forma basis, on sales of $80.6 million. Analysts expected earnings of 38 cents per share on sales of $77 million. F5 said first quarter income will range from 44 cents to 45 cents per share with sales projected in a range of $85 million to $87 million, compared with current Wall Street estimates of 38 cents per share in earnings on sales of $82 million. The stock jumped 15% in after-hours trading.

Infospace (nasdaq: INSP - news - people ) shares surged 16% in late trading after the company beat third-quarter earnings forecasts and issued upside fiscal 2005 guidance. The Internet and mobile technology firm announced adjusted earnings of 32 cents per share, compared with the consensus estimate of 18 cents per share. Sales also came in better than expected at $83 million, above the $77 million forecast. Infospace also offered upbeat guidance for the fourth quarter with earnings-per-share expected to range from 25 cents to 28 cents, compared with the Street forecast of 15 cents.

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