EPS & Earnings ... Hits & Misses

[madrose1]

ERES $18.50~$14~$15 beats by a penny; guides Q1 below consensus, provides Y06 outlook (ERES) 17.76 +0.91: Reports Q4 (Dec) earnings of $0.10 per share, $0.01 better than the Reuters Estimates consensus of $0.09; revenues fell 6.3% year/year to $25.4 mln vs the $25.1 mln consensus. Co issues downside guidance for Q1, sees EPS of $0.05-0.07 vs. $0.10 consensus; sees Q1 revs of $21-23 mln vs. $26.82 mln consensus. Co issues guidance for FY06, sees EPS of $0.42-0.48, which may not be comparable to the $0.46 consensus; sees FY06 revs of $112-118 mln vs. $115.18 mln consensus. Co notes that guidance does not include stock expenses of approx $0.01 for Q1 and $0.03-0.04 for Y06.