'theflyonthewall.com' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/theflyonthewall-com http://seekingalpha.com/article/174350-earnings-preview-dell?source=feed 174350 Dell (DELL) is expected to report Q3 earnings after the market close on Thursday, November 19 with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 28c for EPS and $1318B for revenue, according to First Call. On a product and division basis, it should break out this way: $3.19B in desktops; $4.1B in mobility; $1.43B in servers/networking; $564M in storage; $1.26B in services; and $2.43B in software/peripherals. Non-GAAP gross margin should be 18.2%; and operating margin around 5.5%. On Dell's last earnings call management said, for Q3 the company expects seasonal demand improvements from the Consumer and U.S. federal government businesses, but the quarter is also generally a period of slower demand from large commercial customers in the U.S. and Europe.

]]> Thu, 19 Nov 2009 12:55:43 -0500 theflyonthewall.com Dell (DELL) is expected to report Q3 earnings after the market close on Thursday, November 19 with a conference call scheduled for 5:00 pm ET.

Guidance

The consensus estimate is 28c for EPS and $1318B for revenue, according to First Call. On a product and division basis, it should break out this way: $3.19B in desktops; $4.1B in mobility; $1.43B in servers/networking; $564M in storage; $1.26B in services; and $2.43B in software/peripherals. Non-GAAP gross margin should be 18.2%; and operating margin around 5.5%. On Dell's last earnings call management said, for Q3 the company expects seasonal demand improvements from the Consumer and U.S. federal government businesses, but the quarter is also generally a period of slower demand from large commercial customers in the U.S. and Europe.

Complete Story »]]> DELL theflyonthewall.com http://seekingalpha.com/article/174337-earnings-preview-intuit?source=feed 174337 Intuit (INTU) is expected to report Q1 earnings after the market close on Thursday, November 19 with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is (16c) for EPS and $487.69M for revenue, according to First Call. At it's investor meeting September 23, Intuit management reaffirmed Q1 and FY10 guidance that was provided previously on their Q4 earnings call. Intuit sees Q1 EPS (15c)-(19c) and revenue flat to up 2%. The company also sees FY10 EPS $1.89-$1.96, and revenue up 4%-8%.

]]> Thu, 19 Nov 2009 12:12:02 -0500 theflyonthewall.com Intuit (INTU) is expected to report Q1 earnings after the market close on Thursday, November 19 with a conference call scheduled for 4:30 pm ET.

Guidance

The consensus estimate is (16c) for EPS and $487.69M for revenue, according to First Call. At it's investor meeting September 23, Intuit management reaffirmed Q1 and FY10 guidance that was provided previously on their Q4 earnings call. Intuit sees Q1 EPS (15c)-(19c) and revenue flat to up 2%. The company also sees FY10 EPS $1.89-$1.96, and revenue up 4%-8%.

Complete Story »]]> INTU theflyonthewall.com http://seekingalpha.com/article/174336-earnings-preview-anntaylor-stores-corp?source=feed 174336 AnnTaylor Stores Corp. (ANN) is expected to report Q3 earnings before the market opens on Friday, November 20 with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for a profit of 7c on revenue of $473.85M. The consensus range is 1c-15c for EPS, and revenue of $440.69M-$483M, according to First Call. In August, AnnTaylor forecast $30M-$35M in restructuring costs for FY09, and said it expected sales to be under pressure for FY09 with a same-store sales improvement in 2H.

]]> Thu, 19 Nov 2009 12:06:27 -0500 theflyonthewall.com AnnTaylor Stores Corp. (ANN) is expected to report Q3 earnings before the market opens on Friday, November 20 with a conference call scheduled for 8:30 am ET.

Guidance

Analysts are looking for a profit of 7c on revenue of $473.85M. The consensus range is 1c-15c for EPS, and revenue of $440.69M-$483M, according to First Call. In August, AnnTaylor forecast $30M-$35M in restructuring costs for FY09, and said it expected sales to be under pressure for FY09 with a same-store sales improvement in 2H.

Complete Story »]]> ANN theflyonthewall.com http://seekingalpha.com/article/173836-earnings-preview-petsmart?source=feed 173836 PetSmart (PETM) is expected to report Q3 earnings after the market close on Wednesday, November 18 with a conference call scheduled for 4:30 pm ET.

Guidance

Analysts are looking for a profit of 28c on revenue of $1.28B. The consensus range is 22c-29c for EPS, and revenue of $1.27B-$1.3B, according to First Call. In October, PetSmart raised its Q3 EPS guidance to 25c-29c from 20c-24c and FY09 EPS guidance to $1.43-$1.51 from $1.37-$1.45 vs. consensus $1.50. The company still expects Q3 same-store sales to be essentially flat, but noted the raised guidance was due to slightly better than expected product margin rates and lower than expected expenses. For the year, PetSmart expects a free cash flow yield in the low double digits.

]]> Tue, 17 Nov 2009 11:52:51 -0500 theflyonthewall.com PetSmart (PETM) is expected to report Q3 earnings after the market close on Wednesday, November 18 with a conference call scheduled for 4:30 pm ET.

Guidance

Analysts are looking for a profit of 28c on revenue of $1.28B. The consensus range is 22c-29c for EPS, and revenue of $1.27B-$1.3B, according to First Call. In October, PetSmart raised its Q3 EPS guidance to 25c-29c from 20c-24c and FY09 EPS guidance to $1.43-$1.51 from $1.37-$1.45 vs. consensus $1.50. The company still expects Q3 same-store sales to be essentially flat, but noted the raised guidance was due to slightly better than expected product margin rates and lower than expected expenses. For the year, PetSmart expects a free cash flow yield in the low double digits.

Complete Story »]]> PETM theflyonthewall.com http://seekingalpha.com/article/173563-earnings-preview-saks-incorporated?source=feed 173563 Saks Incorporated (SKS) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 10 am ET.

Guidance

Analysts are looking for a loss of 12c on revenue of $624.54M. The consensus range is (18c)-(7c) for EPS, and revenue of $619.18M-$629.02M, according to First Call. The retailer's September same-store sales just missed estimates and were down 11.6%, while October SSS beat estimates, rising 0.7%. In September, the company said Q3 SSS would be weaker than Q4 SSS, and 2H09 SSS are expected to be down to the mid-to-high single digit range. Recently, the Wall Street Journal reported that the high end retailer is testing online "private event" sales of discounted designer goods. In an October interview with Reuters, CEO Steve Sadove said that the company will likely not provide customers with "drastic holiday discounts" like last year.

]]> Mon, 16 Nov 2009 11:04:58 -0500 theflyonthewall.com Saks Incorporated (SKS) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 10 am ET.

Guidance

Analysts are looking for a loss of 12c on revenue of $624.54M. The consensus range is (18c)-(7c) for EPS, and revenue of $619.18M-$629.02M, according to First Call. The retailer's September same-store sales just missed estimates and were down 11.6%, while October SSS beat estimates, rising 0.7%. In September, the company said Q3 SSS would be weaker than Q4 SSS, and 2H09 SSS are expected to be down to the mid-to-high single digit range. Recently, the Wall Street Journal reported that the high end retailer is testing online "private event" sales of discounted designer goods. In an October interview with Reuters, CEO Steve Sadove said that the company will likely not provide customers with "drastic holiday discounts" like last year.

Complete Story »]]> SKS theflyonthewall.com http://seekingalpha.com/article/173561-earnings-preview-the-home-depot?source=feed 173561 The Home Depot (HD) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 9 am ET.

Guidance

Analysts are looking for a profit of 36c on revenue of $16.27B. The consensus range is 31c-41c for EPS, and revenue of $16.01B-$16.56B, according to First Call. In August, Home Depot forecast FY09 EPS flat to up 7% from FY08, with adjusted EPS down 15%-20%. The company also said it expected FY09 sales to be down approximately 9% from FY08. At September's Goldman Sachs Retailing Conference, CEO Frank Blake said the company sees opportunities for international expansion and noted that the economic recovery will be somewhere between a traditional and a flat line recovery. CFO Carol Tome said the company expects CapEx over the next several years to be $1.2B-$1.5B per year, mainly to reinvest in what it currently owns.

]]> Mon, 16 Nov 2009 11:01:21 -0500 theflyonthewall.com The Home Depot (HD) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 9 am ET.

Guidance

Analysts are looking for a profit of 36c on revenue of $16.27B. The consensus range is 31c-41c for EPS, and revenue of $16.01B-$16.56B, according to First Call. In August, Home Depot forecast FY09 EPS flat to up 7% from FY08, with adjusted EPS down 15%-20%. The company also said it expected FY09 sales to be down approximately 9% from FY08. At September's Goldman Sachs Retailing Conference, CEO Frank Blake said the company sees opportunities for international expansion and noted that the economic recovery will be somewhere between a traditional and a flat line recovery. CFO Carol Tome said the company expects CapEx over the next several years to be $1.2B-$1.5B per year, mainly to reinvest in what it currently owns.

Complete Story »]]> HD theflyonthewall.com http://seekingalpha.com/article/173559-earnings-preview-target-corp?source=feed 173559 Target Corp. (TGT) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 10 am ET.

Guidance

Analysts are looking for a profit of 50c on revenue of $15.25B. The consensus range is 45c-59c for EPS, and revenue of $15.08B-$15.31B, according to First Call. Target's September and October same-store sales were not as bad as expected, with September SSS down 1.7% and October SSS down 0.1%. On October 8, the company said Q3 EPS would exceed the First Call estimate, which was 43c at the time. At the same time, CEO Gregg Steinhafel said the company remains cautious on expectations for Q4. Wal-Mart (WMT) recently opened a new front in the online holiday price wars, extending discounts to popular DVDs, the Wall Street Journal reported on November 6; Target and rival Amazon (AMZN) countered, matching the new prices, but Wal-Mart then cut their price again. Target, which said it remains committed to Target India, recently selected RadioShack (RSH) to run its mobile phone operations in its stores, the Twin Cities Business Journal reported on November 2.

]]> Mon, 16 Nov 2009 10:52:08 -0500 theflyonthewall.com Target Corp. (TGT) is expected to report Q3 earnings before the market open on Tuesday, November 17 with a conference call scheduled for 10 am ET.

Guidance

Analysts are looking for a profit of 50c on revenue of $15.25B. The consensus range is 45c-59c for EPS, and revenue of $15.08B-$15.31B, according to First Call. Target's September and October same-store sales were not as bad as expected, with September SSS down 1.7% and October SSS down 0.1%. On October 8, the company said Q3 EPS would exceed the First Call estimate, which was 43c at the time. At the same time, CEO Gregg Steinhafel said the company remains cautious on expectations for Q4. Wal-Mart (WMT) recently opened a new front in the online holiday price wars, extending discounts to popular DVDs, the Wall Street Journal reported on November 6; Target and rival Amazon (AMZN) countered, matching the new prices, but Wal-Mart then cut their price again. Target, which said it remains committed to Target India, recently selected RadioShack (RSH) to run its mobile phone operations in its stores, the Twin Cities Business Journal reported on November 2.

Complete Story »]]> TGT theflyonthewall.com http://seekingalpha.com/article/173292-earnings-preview-lowe-s?source=feed 173292 Lowe's Companies (LOW) is expected to report Q2 earnings before the market open on Monday, November 16 with a conference call scheduled for 9 am ET.

Guidance

Analysts are looking for a profit of 24c on revenue of $11.28B. The consensus range is 22c-27c for EPS, and revenue of $11.11B-$11.6B, according to First Call.

]]> Fri, 13 Nov 2009 14:48:45 -0500 theflyonthewall.com Lowe's Companies (LOW) is expected to report Q2 earnings before the market open on Monday, November 16 with a conference call scheduled for 9 am ET.

Guidance

Analysts are looking for a profit of 24c on revenue of $11.28B. The consensus range is 22c-27c for EPS, and revenue of $11.11B-$11.6B, according to First Call.

Complete Story »]]> LOW 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