Earnings Preview: Lawson Software

Lawson Software (LWSN) is expected to report Q1 earnings Thursday after market close, with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is 5c for EPS and $191.01M for revenue, according to First Call.

Analyst Views

The company already pre-announced a slight miss on Sept. 15, so the report should be a neutral or non-event. The company guided to EPS of 4c to 5c on sales of $190M to $192M. Management at that time said, "We have begun to see some impact from the economy with sales in our August quarter slower than expected." The miss was largely due to slips in manufacturing vertical late in the quarter. American Technology Research believes the key focus of call today will be the deferred license revenue number and new contract signings . These items should give a better gauge on how big macro slowdown impact really is on the company's financials.