'theflyonthewall.com' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/theflyonthewall-com http://seekingalpha.com/article/173013-earnings-preview-abercrombie-fitch-co?source=feed 173013 Abercrombie & Fitch Co. (ANF) is expected to report Q3 earnings Friday, November 13 with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for a profit of 20c on revenue of $764.53M. The consensus range is 10c-27c for EPS, and revenue of $707M-$800M, according to First Call. The company's September same-store sales fell 18% and October SSS dropped 15%, both smaller declines than expected. While Abercrombie's stock price has doubled since the market began rebounding in early March, despite disappointing sales and profits,

]]> Thu, 12 Nov 2009 10:38:06 -0500 theflyonthewall.com Abercrombie & Fitch Co. (ANF) is expected to report Q3 earnings Friday, November 13 with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for a profit of 20c on revenue of $764.53M. The consensus range is 10c-27c for EPS, and revenue of $707M-$800M, according to First Call. The company's September same-store sales fell 18% and October SSS dropped 15%, both smaller declines than expected. While Abercrombie's stock price has doubled since the market began rebounding in early March, despite disappointing sales and profits,

Complete Story »]]> ANF theflyonthewall.com http://seekingalpha.com/article/173010-earnings-preview-j-c-penney-co?source=feed 173010 J.C. Penney Co. (JCP) is expected to report Q3 earnings before the market open on Friday, November 13 with a conference call scheduled for 9:30 am ET.

Guidance

Analysts are looking for a profit of 11c on revenue of $4.18B. The consensus range is 10c-15c for EPS, and revenue of $4.16B-$4.18B, according to First Call. The company's September same-store sales declined 1.4% and October's dropped 4.5%. On November 5, the company raised its Q3 EPS view to 10c-11c from 3c-10c. Previously, guidance had been (5c)-5c. In response to weak consumer spending, the retailer has been cutting inventory and expanding the variety of its exclusive brands. Last month, J.C. Penney entered into an exclusive agreement with Liz Claiborne (LIZ), under which JCP will be the exclusive department store destination for the Liz Claiborne and Claiborne lines of women's wear in the U.S. and Puerto Rico.

]]> Thu, 12 Nov 2009 10:30:06 -0500 theflyonthewall.com J.C. Penney Co. (JCP) is expected to report Q3 earnings before the market open on Friday, November 13 with a conference call scheduled for 9:30 am ET.

Guidance

Analysts are looking for a profit of 11c on revenue of $4.18B. The consensus range is 10c-15c for EPS, and revenue of $4.16B-$4.18B, according to First Call. The company's September same-store sales declined 1.4% and October's dropped 4.5%. On November 5, the company raised its Q3 EPS view to 10c-11c from 3c-10c. Previously, guidance had been (5c)-5c. In response to weak consumer spending, the retailer has been cutting inventory and expanding the variety of its exclusive brands. Last month, J.C. Penney entered into an exclusive agreement with Liz Claiborne (LIZ), under which JCP will be the exclusive department store destination for the Liz Claiborne and Claiborne lines of women's wear in the U.S. and Puerto Rico.

Complete Story »]]> JCP theflyonthewall.com http://seekingalpha.com/article/172814-earnings-preview-applied-materials?source=feed 172814 Applied Materials (AMAT) is expected to report Q4 earnings after the market close on Wednesday, November 11, with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is 3c for EPS and $1.32B for revenue, according to First Call. Guidance provided by management on its last earnings call was for Q4 EPS breakeven and revenue up 10%-20%, from the reported Q3 $1.13B figure.

]]> Wed, 11 Nov 2009 14:06:37 -0500 theflyonthewall.com Applied Materials (AMAT) is expected to report Q4 earnings after the market close on Wednesday, November 11, with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is 3c for EPS and $1.32B for revenue, according to First Call. Guidance provided by management on its last earnings call was for Q4 EPS breakeven and revenue up 10%-20%, from the reported Q3 $1.13B figure.

Complete Story »]]> AMAT theflyonthewall.com http://seekingalpha.com/article/172813-earnings-preview-wal-mart-stores?source=feed 172813 Wal-Mart Stores (WMT) is expected to report Q3 earnings before the market opens on Thursday, November 12 with a pre-recorded conference call scheduled for 7:30 am ET.

Guidance

Analysts are looking for a profit of 81c on revenues of $99.88B. The consensus range is 79c-84c for EPS, and $97.98B-$101.5B for revenue, according to First Call. On August 13, when Wal-Mart reported its Q2 earnings, it gave Q3 and FY09 guidance. The company said it saw Q3 EPS of 78c-82c vs. a consensus at the time of 80c, and raised the lower end of its FY09 EPS view to $3.50-$3.60 from $3.45-$3.60 vs. a consensus of $3.56. Wal-Mart also made forward looking comments on October 22, when it said it saw 1%-2% sales growth this year, and projected its FY10 total capital spending to be in a range of $12.5B-$13.1B, up from approximately $11.5B in FY09. Today, former Wal-Mart CEO and current chairman of the board H. Lee Scott said the company sees a very difficult Christmas selling season, and added that he expects 2010 to look a lot like 2009.

]]> Wed, 11 Nov 2009 14:04:13 -0500 theflyonthewall.com Wal-Mart Stores (WMT) is expected to report Q3 earnings before the market opens on Thursday, November 12 with a pre-recorded conference call scheduled for 7:30 am ET.

Guidance

Analysts are looking for a profit of 81c on revenues of $99.88B. The consensus range is 79c-84c for EPS, and $97.98B-$101.5B for revenue, according to First Call. On August 13, when Wal-Mart reported its Q2 earnings, it gave Q3 and FY09 guidance. The company said it saw Q3 EPS of 78c-82c vs. a consensus at the time of 80c, and raised the lower end of its FY09 EPS view to $3.50-$3.60 from $3.45-$3.60 vs. a consensus of $3.56. Wal-Mart also made forward looking comments on October 22, when it said it saw 1%-2% sales growth this year, and projected its FY10 total capital spending to be in a range of $12.5B-$13.1B, up from approximately $11.5B in FY09. Today, former Wal-Mart CEO and current chairman of the board H. Lee Scott said the company sees a very difficult Christmas selling season, and added that he expects 2010 to look a lot like 2009.

Complete Story »]]> WMT theflyonthewall.com http://seekingalpha.com/article/172796-earnings-preview-advance-auto-parts?source=feed 172796 Advance Auto Parts (AAP) is expected to report Q3 earnings Wednesday, November 11 after market close, with a conference call scheduled for Thursday, November 12 at 10am ET.

Guidance

Analysts are looking for EPS of 66c on revenue of $1.26B. The consensus range is 60c-74c for EPS, and $1.23B-$1.28B for revenue, according to First Call. The overriding positive for the company is the increasing average age of vehicles due to the inability of consumers to buy new cars. Also positive for Advance Auto is the addition of 30 new Advance stores and 30 new Autopart International stores in FY09. Negatives for this quarters earnings results could come from a lower rate of sales in the "do it yourself", or DIY, category.

]]> Wed, 11 Nov 2009 11:58:09 -0500 theflyonthewall.com Advance Auto Parts (AAP) is expected to report Q3 earnings Wednesday, November 11 after market close, with a conference call scheduled for Thursday, November 12 at 10am ET.

Guidance

Analysts are looking for EPS of 66c on revenue of $1.26B. The consensus range is 60c-74c for EPS, and $1.23B-$1.28B for revenue, according to First Call. The overriding positive for the company is the increasing average age of vehicles due to the inability of consumers to buy new cars. Also positive for Advance Auto is the addition of 30 new Advance stores and 30 new Autopart International stores in FY09. Negatives for this quarters earnings results could come from a lower rate of sales in the "do it yourself", or DIY, category.

Complete Story »]]> AAP theflyonthewall.com http://seekingalpha.com/article/172770-earnings-preview-the-walt-disney-co?source=feed 172770 The Walt Disney Co. (DIS) is expected to report Q4 earnings after the market close on Thursday, November 12 with a conference call scheduled for 4:30 pm ET.

Guidance

Analysts are looking for a profit of 40c on revenue of $9.26B. The consensus range is 34c-53c for EPS, and revenue of $8.8B-$9.79B, according to First Call. During the quarter, Disney announced plans to acquire Marvel Entertainment (MVL) for $50 per share in a cash and stock transaction. The company also announced an agreement with Netflix (NFLX) to stream some movies and said it will build a new production facility in California, adding about 2,854 production jobs and over 3,000 construction jobs. There has been a shake up at the company's movie studio following the departure of chairman Dick Cook in September and Miramax Films head Daniel Battsek. Also, Mark Zoradi, president of the Walt Disney Studios Motion Pictures Group, resigned this month.

]]> Wed, 11 Nov 2009 10:44:51 -0500 theflyonthewall.com The Walt Disney Co. (DIS) is expected to report Q4 earnings after the market close on Thursday, November 12 with a conference call scheduled for 4:30 pm ET.

Guidance

Analysts are looking for a profit of 40c on revenue of $9.26B. The consensus range is 34c-53c for EPS, and revenue of $8.8B-$9.79B, according to First Call. During the quarter, Disney announced plans to acquire Marvel Entertainment (MVL) for $50 per share in a cash and stock transaction. The company also announced an agreement with Netflix (NFLX) to stream some movies and said it will build a new production facility in California, adding about 2,854 production jobs and over 3,000 construction jobs. There has been a shake up at the company's movie studio following the departure of chairman Dick Cook in September and Miramax Films head Daniel Battsek. Also, Mark Zoradi, president of the Walt Disney Studios Motion Pictures Group, resigned this month.

Complete Story »]]> DIS theflyonthewall.com http://seekingalpha.com/article/172768-earnings-preview-kohl-s-corp?source=feed 172768 Kohl's Corp. (KSS) is expected to report Q3 earnings after the market close on Thursday, November 12 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 61c on revenue of $4.03B. The consensus range is 60c-61c for EPS, and revenue of $3.85B-$4.12B, according to First Call. The retailer recently reported that September same-store sales increased 5.5% and October SSS rose 1.4%. The company also bumped its Q3 EPS view twice in the quarter, to 60c-61c from 52c-54c and previous guidance of 40c-44c. On September 30, Kohl's opened 35 stores in failed Mervyns locations, 30 of them in California. There was a significant overlap in the customers who shopped at both. If the chain succeeds, its gamble could pay off not only for the roughly 5,000 workers it hired but for communities around the state.

]]> Wed, 11 Nov 2009 10:41:51 -0500 theflyonthewall.com Kohl's Corp. (KSS) is expected to report Q3 earnings after the market close on Thursday, November 12 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 61c on revenue of $4.03B. The consensus range is 60c-61c for EPS, and revenue of $3.85B-$4.12B, according to First Call. The retailer recently reported that September same-store sales increased 5.5% and October SSS rose 1.4%. The company also bumped its Q3 EPS view twice in the quarter, to 60c-61c from 52c-54c and previous guidance of 40c-44c. On September 30, Kohl's opened 35 stores in failed Mervyns locations, 30 of them in California. There was a significant overlap in the customers who shopped at both. If the chain succeeds, its gamble could pay off not only for the roughly 5,000 workers it hired but for communities around the state.

Complete Story »]]> KSS theflyonthewall.com http://seekingalpha.com/article/172766-earnings-preview-nordstrom?source=feed 172766 Nordstrom (JWN) is expected to report Q3 earnings Thursday, November 12 after the market close with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 38c on revenue of $1.87B. The consensus range is 26c-45c for EPS, and revenue of $1.73B-$1.97B, according to First Call. The company recently reported that its October same-store sales rose 6.5%, more than analysts expected. The company said Q3 SSS fell 1.2% and preliminary Q3 sales were $1.87B, in line with expectations. Previously, Nordstrom raised its FY09 EPS guidance to $1.50-$1.65 from $1.25-$1.50 versus First Call consensus of $1.77. Nordstrom and other upscale department stores have been cutting inventory, lowering prices, and adding more affordable items.

]]> Wed, 11 Nov 2009 10:39:44 -0500 theflyonthewall.com Nordstrom (JWN) is expected to report Q3 earnings Thursday, November 12 after the market close with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 38c on revenue of $1.87B. The consensus range is 26c-45c for EPS, and revenue of $1.73B-$1.97B, according to First Call. The company recently reported that its October same-store sales rose 6.5%, more than analysts expected. The company said Q3 SSS fell 1.2% and preliminary Q3 sales were $1.87B, in line with expectations. Previously, Nordstrom raised its FY09 EPS guidance to $1.50-$1.65 from $1.25-$1.50 versus First Call consensus of $1.77. Nordstrom and other upscale department stores have been cutting inventory, lowering prices, and adding more affordable items.

Complete Story »]]> JWN theflyonthewall.com http://seekingalpha.com/article/172500-earnings-preview-macy-s?source=feed 172500 Macy's (M) is expected to report Q3 earnings before the market open on Wednesday, November 11 with a conference call scheduled for 10:30 am ET.

Guidance

Analysts are looking for a loss of 10c on revenue of $5.2B. The consensus range is (22c)-1c for EPS, and revenue of $5.11B-$5.28B, according to First Call. The company reported that its September same-store sales fell 2.3%, and 0.8% in October, both better than expected. The company reported Q3 revenue $5.28B, in line with expectations. Previously, the retailer increased its FY09 EPS guidance to 80c-90c from 40c-55c versus First Call consensus of $1.04.

]]> Tue, 10 Nov 2009 10:28:17 -0500 theflyonthewall.com Macy's (M) is expected to report Q3 earnings before the market open on Wednesday, November 11 with a conference call scheduled for 10:30 am ET.

Guidance

Analysts are looking for a loss of 10c on revenue of $5.2B. The consensus range is (22c)-1c for EPS, and revenue of $5.11B-$5.28B, according to First Call. The company reported that its September same-store sales fell 2.3%, and 0.8% in October, both better than expected. The company reported Q3 revenue $5.28B, in line with expectations. Previously, the retailer increased its FY09 EPS guidance to 80c-90c from 40c-55c versus First Call consensus of $1.04.

Complete Story »]]> M theflyonthewall.com http://seekingalpha.com/article/171571-earnings-preview-verisign?source=feed 171571 VeriSign (VRSN) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 32c for EPS and $258.79M for revenue, according to First Call. For Q3 Oppenheimer is modeling 33c on $258.9M in revenue, and estimates that VeriSign added approximately 1.4M domain names, or DNs, in Q3, which is up 27% quarter-over-quarter. The firm believes recovering DNs net adds removes the element of risk for Q3. Longer term Opco remains optimistic regarding a rebound in net adds on the back of a macro recovery, especially as international growth rebounds. Earlier this month AT&T's (T) acquisition of VeriSign's global security consulting business marked the closure of a long drawn divestiture process.

]]> Thu, 05 Nov 2009 14:54:15 -0500 theflyonthewall.com VeriSign (VRSN) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 32c for EPS and $258.79M for revenue, according to First Call. For Q3 Oppenheimer is modeling 33c on $258.9M in revenue, and estimates that VeriSign added approximately 1.4M domain names, or DNs, in Q3, which is up 27% quarter-over-quarter. The firm believes recovering DNs net adds removes the element of risk for Q3. Longer term Opco remains optimistic regarding a rebound in net adds on the back of a macro recovery, especially as international growth rebounds. Earlier this month AT&T's (T) acquisition of VeriSign's global security consulting business marked the closure of a long drawn divestiture process.

Complete Story »]]> VRSN theflyonthewall.com http://seekingalpha.com/article/171560-earnings-preview-nvidia?source=feed 171560 NVIDIA (NVDA) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 10c for EPS and $838.09M for revenue, according to First Call. Management's guidance from the last earnings call was for Q3 revenue to be up 5%-7% over Q2's reported $776.5M. That implies a range of $815.33M-$830.86M. Some analysts would not be surprised to see a little upside to consensus estimates as Apple's (AAPL) MacBook, an NVIDIA customer, sales were pretty strong during the quarter, and the overall inventory levels remain in balance.

]]> Thu, 05 Nov 2009 14:49:32 -0500 theflyonthewall.com NVIDIA (NVDA) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 10c for EPS and $838.09M for revenue, according to First Call. Management's guidance from the last earnings call was for Q3 revenue to be up 5%-7% over Q2's reported $776.5M. That implies a range of $815.33M-$830.86M. Some analysts would not be surprised to see a little upside to consensus estimates as Apple's (AAPL) MacBook, an NVIDIA customer, sales were pretty strong during the quarter, and the overall inventory levels remain in balance.

Complete Story »]]> NVDA theflyonthewall.com http://seekingalpha.com/article/171544-earnings-preview-jds-uniphase-corp?source=feed 171544 JDS Uniphase Corp. (JDSU) is expected to report Q1 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

The consensus estimate is 2c for EPS and $291.76M for revenue, according to First Call. On its last earnings call, management issued Q1 revenue guidance of $283M-$300M. JDSU shares have sold off recently based on what is expected to be a weak quarter relative to peers and consensus estimates.

]]> Thu, 05 Nov 2009 13:39:40 -0500 theflyonthewall.com JDS Uniphase Corp. (JDSU) is expected to report Q1 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

The consensus estimate is 2c for EPS and $291.76M for revenue, according to First Call. On its last earnings call, management issued Q1 revenue guidance of $283M-$300M. JDSU shares have sold off recently based on what is expected to be a weak quarter relative to peers and consensus estimates.

Complete Story »]]> JDSU theflyonthewall.com http://seekingalpha.com/article/171524-earnings-preview-activision-blizzard?source=feed 171524 Activision Blizzard (ATVI) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is 4c for EPS and $724.04M for revenue, according to First Call. On the company's last earnings call management provided Q3 guidance of 3c for EPS and $700M for revenue. They also provided FY09 guidance, which they later reaffirmed on Sept. 21, calling for 63c in EPS and $4.5B in revenue. At that time, management urged investors to be cautious and prudent in evaluating the company's forecasts and projections. The company was seeing global demand for "Modern Warfare 2" exceed expectations, and strong attach rates for the recently launched "Call of Duty: World at War" map packs.

]]> Thu, 05 Nov 2009 12:36:45 -0500 theflyonthewall.com Activision Blizzard (ATVI) is expected to report Q3 earnings after the market close on Thursday, November 5, with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is 4c for EPS and $724.04M for revenue, according to First Call. On the company's last earnings call management provided Q3 guidance of 3c for EPS and $700M for revenue. They also provided FY09 guidance, which they later reaffirmed on Sept. 21, calling for 63c in EPS and $4.5B in revenue. At that time, management urged investors to be cautious and prudent in evaluating the company's forecasts and projections. The company was seeing global demand for "Modern Warfare 2" exceed expectations, and strong attach rates for the recently launched "Call of Duty: World at War" map packs.

Complete Story »]]> ATVI theflyonthewall.com http://seekingalpha.com/article/171261-earnings-preview-qualcomm?source=feed 171261 Qualcomm (QCOM) is expected to report Q4 earnings after the market close on Wednesday, November 4, with a conference call scheduled for 5:30 pm ET.

Guidance

The consensus estimate is 52c for EPS and $2.72B for revenue, according to First Call. Guidance for Q4 provided by management on its last earnings call is for revenue of $2.55B-$2.75B.

]]> Wed, 04 Nov 2009 15:27:04 -0500 theflyonthewall.com Qualcomm (QCOM) is expected to report Q4 earnings after the market close on Wednesday, November 4, with a conference call scheduled for 5:30 pm ET.

Guidance

The consensus estimate is 52c for EPS and $2.72B for revenue, according to First Call. Guidance for Q4 provided by management on its last earnings call is for revenue of $2.55B-$2.75B.

Complete Story »]]> QCOM theflyonthewall.com http://seekingalpha.com/article/171256-earnings-preview-microchip-technology?source=feed 171256 Microchip Technology (MCHP) is expected to report Q2 earnings after the market close on Wednesday, October 4, with a conference call scheduled for 6:00 pm ET.

Guidance

The consensus estimate is 21c for EPS and $218.31M for revenue, according to First Call. On Sept. 8 management raised Q2 guidance to EPS of 26c-27c and revenue of $206M-$214M.

]]> Wed, 04 Nov 2009 15:12:36 -0500 theflyonthewall.com Microchip Technology (MCHP) is expected to report Q2 earnings after the market close on Wednesday, October 4, with a conference call scheduled for 6:00 pm ET.

Guidance

The consensus estimate is 21c for EPS and $218.31M for revenue, according to First Call. On Sept. 8 management raised Q2 guidance to EPS of 26c-27c and revenue of $206M-$214M.

Complete Story »]]> MCHP theflyonthewall.com http://seekingalpha.com/article/171253-earnings-preview-cardinal-health?source=feed 171253 Cardinal Health (CAH) is expected to report Q1 earnings Thursday, November 5 before market open, with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for EPS of 43c on revenue of $24.04B. The consensus range is 39c-50c for EPS and $23.2B-$25.06B for revenue, according to First Call. On August 18, Cardinal Health said it expects low single-digit revenue growth for FY10. The CEO, George Barrett said, "The progress we made in fiscal 2009 reinforces our belief that the company's core businesses are strong and the investments we are making in fiscal 2010 will create a more positive and sustainable longer-term growth trajectory." Positive factors effecting this quarter's results could come from the CareFusion spin-off. Other positive drivers for this quarter include branded drug price inflation and better prescription trends. Negative drivers for the quarter might include a larger percentage of generic drugs in the pricing mix and an increasingly competitive drug distribution market.

]]> Wed, 04 Nov 2009 15:09:10 -0500 theflyonthewall.com Cardinal Health (CAH) is expected to report Q1 earnings Thursday, November 5 before market open, with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for EPS of 43c on revenue of $24.04B. The consensus range is 39c-50c for EPS and $23.2B-$25.06B for revenue, according to First Call. On August 18, Cardinal Health said it expects low single-digit revenue growth for FY10. The CEO, George Barrett said, "The progress we made in fiscal 2009 reinforces our belief that the company's core businesses are strong and the investments we are making in fiscal 2010 will create a more positive and sustainable longer-term growth trajectory." Positive factors effecting this quarter's results could come from the CareFusion spin-off. Other positive drivers for this quarter include branded drug price inflation and better prescription trends. Negative drivers for the quarter might include a larger percentage of generic drugs in the pricing mix and an increasingly competitive drug distribution market.

Complete Story »]]> CAH theflyonthewall.com http://seekingalpha.com/article/171208-earnings-preview-prudential-financial?source=feed 171208 Prudential Financial (PRU) is expected to report Q3 earnings today after the market close with a conference call scheduled for tomorrow at 11:00 am ET.

Guidance

Analysts are looking for EPS of $1.33 on revenue of $6.65B. The consensus range is $1.08-$1.77 for EPS, and $6.43B-$6.91B for revenue.

]]> Wed, 04 Nov 2009 13:22:01 -0500 theflyonthewall.com Prudential Financial (PRU) is expected to report Q3 earnings today after the market close with a conference call scheduled for tomorrow at 11:00 am ET.

Guidance

Analysts are looking for EPS of $1.33 on revenue of $6.65B. The consensus range is $1.08-$1.77 for EPS, and $6.43B-$6.91B for revenue.

Complete Story »]]> PRU theflyonthewall.com http://seekingalpha.com/article/171192-earnings-preview-king-pharmaceuticals?source=feed 171192 King Pharmaceuticals (KG) is expected to report Q3 earnings Thursday, November 5 before market open, with a conference call scheduled for 11:00 am ET.

Guidance

Analysts are looking for EPS of 27c on revenue of $444.98M. The consensus range is 22c-33c for EPS, and $415M-$458.5M for revenue, according to First Call. Positive factors for this earnings period include the FDA approval of Embeda, a rebound in animal health trends and the Alpharma acquisition. Negative trends for the company continue to include weakness in King's existing pipeline especially from Altace which is now off -patent.

]]> Wed, 04 Nov 2009 12:39:59 -0500 theflyonthewall.com King Pharmaceuticals (KG) is expected to report Q3 earnings Thursday, November 5 before market open, with a conference call scheduled for 11:00 am ET.

Guidance

Analysts are looking for EPS of 27c on revenue of $444.98M. The consensus range is 22c-33c for EPS, and $415M-$458.5M for revenue, according to First Call. Positive factors for this earnings period include the FDA approval of Embeda, a rebound in animal health trends and the Alpharma acquisition. Negative trends for the company continue to include weakness in King's existing pipeline especially from Altace which is now off -patent.

Complete Story »]]> KG theflyonthewall.com http://seekingalpha.com/article/171147-earnings-preview-crocs?source=feed 171147 Crocs (CROX) is expected to report Q3 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a loss of (8c) on revenue of $156.41M. The consensus range is (12c)-(6c) for EPS, and revenue of $150.3M-$160.01M, according to First Call. In August, Crocs guided Q3 EPS (16c)-(14c) on revenue of $150M-$160M. Though Barron's in August said Crocs' long-term growth story is "problematic," CEO John Duerden said he is looking to turn the company into a "financially stable company and brand." The company has reduced its workforce by 32% since 2007 and has also cut inventory and closed factories. In addition, Crocs, which is aiming for positive earnings in 2010, is expanding its product line. During the quarter, Crocs amended its credit agreement with PNC Bank to decrease its tangible net worth requirement to $205M from $266M.

]]> Wed, 04 Nov 2009 09:59:13 -0500 theflyonthewall.com Crocs (CROX) is expected to report Q3 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a loss of (8c) on revenue of $156.41M. The consensus range is (12c)-(6c) for EPS, and revenue of $150.3M-$160.01M, according to First Call. In August, Crocs guided Q3 EPS (16c)-(14c) on revenue of $150M-$160M. Though Barron's in August said Crocs' long-term growth story is "problematic," CEO John Duerden said he is looking to turn the company into a "financially stable company and brand." The company has reduced its workforce by 32% since 2007 and has also cut inventory and closed factories. In addition, Crocs, which is aiming for positive earnings in 2010, is expanding its product line. During the quarter, Crocs amended its credit agreement with PNC Bank to decrease its tangible net worth requirement to $205M from $266M.

Complete Story »]]> CROX theflyonthewall.com http://seekingalpha.com/article/171146-earnings-preview-starbucks-corp?source=feed 171146 Starbucks Corp. (SBUX) is expected to report Q4 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 21c on revenue of $2.39B. The consensus range is 19c-22c for EPS, and revenue of $2.32B-$2.51B, according to First Call. In July, Starbucks guided FY09 EPS 74c-75c versus First Call consensus of 76c, and forecast 1H10 EPS growth of 13%-18%. In August, Starbucks announced plans to lower prices on some drinks and increase others. The company said it would cut the prices of small coffees and lattes by 5c-10c in every market, but prices for larger drinks would increase up to 25c in some markets. Despite responding to the recession by closing hundreds of cafes, streamlining and negotiating lower rents, the Wall Street Journal has said that it will be difficult for Starbucks to remain at the top when the economy stabilizes. Also, the New York Post reported that its first instant coffee, two to three times more expensive than Maxwell House or Folgers, is not a hit.

]]> Wed, 04 Nov 2009 09:55:46 -0500 theflyonthewall.com Starbucks Corp. (SBUX) is expected to report Q4 earnings after the market close on Thursday, November 5 with a conference call scheduled for 5 pm ET.

Guidance

Analysts are looking for a profit of 21c on revenue of $2.39B. The consensus range is 19c-22c for EPS, and revenue of $2.32B-$2.51B, according to First Call. In July, Starbucks guided FY09 EPS 74c-75c versus First Call consensus of 76c, and forecast 1H10 EPS growth of 13%-18%. In August, Starbucks announced plans to lower prices on some drinks and increase others. The company said it would cut the prices of small coffees and lattes by 5c-10c in every market, but prices for larger drinks would increase up to 25c in some markets. Despite responding to the recession by closing hundreds of cafes, streamlining and negotiating lower rents, the Wall Street Journal has said that it will be difficult for Starbucks to remain at the top when the economy stabilizes. Also, the New York Post reported that its first instant coffee, two to three times more expensive than Maxwell House or Folgers, is not a hit.

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