Tuesday, April 08, 2003
4:51:52 PM ET Tuesday's Earnings Guidance
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Positive Guidance
Varian Medical Systems Ups Expectations (View Press Release)
Varian Medical Systems (VAR) said it expects second quarter earnings of $0.46 to $0.48 per share. The consensus estimate is $0.42 per share.
Cash America International To Beat Estimates (View Press Release)
Cash America International (PWN) said it expects first quarter earnings of $0.27 per share. The company's previous guidance was earnings of $0.24 to $0.25 per share and the consensus estimate is $0.24 per share.
In-line Guidance
Group 1 Software Reaffirms (View Press Release)
Group 1 Software (GSOF) said it expects first quarter revenue of "at least" $27 million to 428 million and earnings of "at least" $0.17 to $0.18 per share. The consensus estimate is earnings of $0.17 per share.
Tribune Company Reaffirms (View Press Release)
Tribune Company (TRB) said it expects first quarter earnings of $0.37 to $0.42 per share. The consensus estimate is $0.38 per share.
EMC Confirms Estimates (View Press Release)
EMC (EMC) said it expects first quarter revenue of $1.35 billion and $1.4 billion and earnings of "at least" $.01 per diluted share. The consensus estimate is revenue of $1.4 billion and earnings of $0.01 per share.
Cytyc Reaffirms (View Press Release)
Cytyc (CYTC) said it expects first quarter earnings to be "at or above" $0.14 to $0.15 per share. The consensus estimate is $0.15 per share.
CVS Reaffirms Revenue Guidance (View Press Release)
CVS (CVS) said it is on pace to achieve its revenue goal for the quarter of $6.3 billion to $6.4 billion. The consensus estimate is $6.4 billion.
Interstate Bakeries Reaffirms (View Press Release)
Interstate Bakeries (IBC) said it expects GAAP earnings of $0.70 to $0.75 per diluted common share for the fiscal year ending May 31, 2003. The GAAP estimate includes $0.20 of charges that were excluded from the company's previous pro-forma guidance and the consensus estimate of $0.92 per share.
99 Cents Only Beats Revenue Estimates and Expects To Meet Or Exceed EPS (View Press Release)
99 Cents Only Stores (NDN) reported sales for the first quarter of $196.4 million and said it expects earnings to "meet or slightly" exceed the consensus estimate of $0.19 per share. The consensus revenue estimate was $187 million.
Rock-Tenn Reaffirms (View Press Release)
Rock-Tenn (RKT) said reaffirmed its previous earnings guidance of $0.16 to $0.20 per share for the second quarter. The consensus estimate is $0.18 per share.
International Speedway Lowers Q2 Estimates, Confirms FY Estimates (View Press Release)
International Speedway (ISCA) said it expects second quarter revenue of $115 million to $120 million and earnings of $0.25 to $0.27 per diluted share. The consensus estimate is revenue of $122 million and earnings of $0.30 per share. For the fiscal year, the company expects earnings of $2.07 to $2.13 per diluted share. The consensus estimate is $2.12 per share.
Mothers Work Provides Guidance (View Press Release)
Mothers Work (MWRK) said its second quarter revenue was $111.3 million and it expects earnings of $0.13 to $0.16 per share, excluding one-time legal expenses of $0.09 per share. The consensus estimate is revenue of $112 million and earnings of $0.15 per share.
Negative Guidance
Zarlink Sees Bigger Loss (View Press Release)
Zarlink Semiconductor (ZL) said it continues to expects fourth quarter revenue of $51 million and a loss of $0.10 per share, excluding a write-down of $0.09 per share. The consensus estimate is revenue of $51 million and a loss of $0.10 per share.
Sabre Holdings Lowers Guidance Again (View Press Release)
Sabre Holdings (TSG) said it expects first quarter earnings of approximately $0.36 per share and revenue of $507 million. The consensus estimate, after the company's previous earnings warning, is earnings of $0.40 per share on revenue of $520 million.
Lennar Adjusts Per Share Earnings Estimates After Stock Distribution (View Press Release)
Lennar (LEN) said that due to a higher number of diluted shares, it expects 2003 earnings of $7.73 per share instead of its previous guidance of $8.50 per share for the fiscal year 2003. The consensus estimate is $8.63 per share.
MeadWestvaco Sees Bigger Loss (View Press Release)
MeadWestvaco (MWV) said it expects a loss of $0.36 to $0.41 per share for the first quarter. The consensus estimate is a loss of $0.07 per share.
Accredo Health Lowers FY Guidance (View Press Release)
Accredo Health (ACDO) said it now expects fiscal 2003 revenue of $1.35 billion to $1.37 billion and earnings of $1.20 to $1.25 per share. The company's previous guidance was for revenue of $1.4 billion to $1.45 billion and earnings of $1.33 to $1.38 per share. The consensus estimate is revenue of $1.4 billion and earnings of $1.38 per share.
Arch Coal Sees Bigger Loss (View Press Release)
Arch Coal (ACI) said it expects a loss of $0.27 per share for the first quarter. The consensus estimate is a loss of $0.12 per share.
Acxiom To Miss Estimates (View Press Release)
Acxiom (ACXM) said it expects fourth quarter revenue of approximately $238 million and earnings of approximately $0.03 per share, excluding write-offs of $0.25 to $0.29 per share. The consensus estimate is revenue of $260 million and earnings of $0.21 per share.
Chordiant Software To Miss Revenue Estimates (View Press Release)
Chordiant Software (CHRD) said it expects first quarter revenue of $13.5 million to $14.0 million. The consensus estimate is $17 million.