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real-time news and commentary for investors


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YESTERDAY

  • Today - Wednesday, May 22, 2013

  • ZLC
    7:32 AM Zale (ZLC): FQ3 EPS of $0.13 beats by $0.14. Revenue of $442.7M misses by $1.13M. (PR) Comment!
  • TGT
    7:31 AM Target (TGT): Q1 EPS of $1.05 beats by $0.13. Revenue of $16.7B (+1% Y/Y) misses by $0.12B. (PR) Comment!
  • REX
    7:28 AM REX American Resources (REX): Q1 EPS of $0.40 beats by $0.36. Revenue of $178.7M misses by $2.79M. (PR) Comment!
  • TOL
    7:05 AM More on Toll Brothers (TOL) FQ2 earnings: Home deliveries up 33% in units, up 38% in dollars Y/Y. Average price of $577K, up from $557K a year ago. Average price of signed contracts of $678K, up from $585K a year ago. Backlogs up 52% in units (to 3,655) and 69% in dollars. Gross margin of 23.3% vs. 23.2% a year ago. "One year ago we were somewhat reluctant to raise home prices ... now we are finding ... a sense of urgency takes hold and demand continues to rise." Shares -0.6% premarket. CC at 2 ET. (PR) Comment!
  • BAH
    7:02 AM Booz Allen Hamilton (BAH): FQ4 EPS of $0.40 beats by $0.03. Revenue of $1.55B (+0.3% Y/Y) beats by $0.04B. (PR) Comment!
  • SPLS
    6:59 AM More on Staples' (SPLS) Q1: Sales fell off amid widespread store closings with comparable store sales down 2% Y/Y. The retailer saw more weakness in computer and tech categories which was only partially offset by growth in tablet sales. Staples.com sales were up 3%. The company generated $348M of operating cash flow during the quarter. Full-year EPS forecast to be $1.30-$1.35. (PR) Comment!
  • LTXC
    6:58 AM LTX-Credence (LTXC): FQ3 EPS of -$0.08 misses by $0.02. Revenue of $36.25M misses by $1.94M. (PR) Comment!
  • CTRN
    6:32 AM Citi Trends (CTRN): Q1 EPS of $0.42 misses by $0.15. Revenue of $181.8M (-8% Y/Y) misses by $4.83M. (PR) Comment!
  • LOW, HD
    6:25 AM More on Lowe's (LOW): Unlike competitor Home Depot (HD), the company misses on the top and bottom line as sales fall 0.5% Y/Y and comps decrease 0.7%. Exterior categories were impacted by cool temperatures and "greater precipitation" which "delayed [the] spring selling season." March's performance was "particularly soft." FY13 outlook: sales growth of ~4%, comps growth of ~3.5%, EPS of $2.05 against consensus of $2.08. Shares -4% premarket. (PR) 1 Comment
  • TRNS
    6:05 AM Transcat (TRNS): FQ4 EPS of $0.24 beats by $0.10. Revenue of $31.1M. (PR) Comment!
  • SPLS
    6:02 AM Staples (SPLS): Q1 EPS of $0.26 misses by $0.01. Revenue of $5.8B (-3% Y/Y) misses by $0.11B. (PR) Comment!
  • LOW
    6:01 AM Lowe's (LOW): Q1 EPS of $0.49 misses by $0.02. Revenue of $13.1B (-0.5% Y/Y) misses by $0.35B. (PR) Comment!
  • TOL
    5:55 AM Toll Brothers (TOL): FQ2 EPS of $0.14 beats by $0.06. Revenue of $516M beats by $4.94M. (PR) Comment!
  • DRYS, EGHT
    12:10 AM Notable earnings after Wednesday’s close: DRYS, EGHT, GAME, HPQ , LTD, PETM, PSUN, SNPS, VVTV, WDAY 3 Comments
  • AEO, BAH
    12:05 AM Notable earnings before Wednesday’s open: AEO, BAH, DSX, ELOS, EV, LOW, SPLS, TGT, TOL, ZLC Comment!

  • Tuesday, May 21, 2013

  • DRYS, EGHT
    5:35 PM Notable earnings after Wednesday ’s close: DRYS, EGHT, GAME, HPQ , LTD, PETM, PSUN, SNPS, VVTV, WDAY Comment!
  • AEO, BAH
    5:30 PM Notable earnings before Wednesday’s open: AEO, BAH, DSX, ELOS, EV, LOW, SPLS, TGT, TOL, ZLC Comment!
  • DL
    5:07 PM China Distance Education (DL): FQ2 EPS of $0.023. Revenue of $13.0M (+5.4% Y/Y) misses by $0.08M. (PR) Comment!
  • ADI, INTU
    4:51 PM Tech guidance roundup: 1) Analog Devices (ADI - earnings) expects FQ3 revenue of $655M-$685M and EPS of $0.51-$0.56, below a consensus of $688.3M and $0.58. 2) Intuit (INTU - earnings) expects FQ4 revenue of $702M-$727M and EPS of $0.03-$0.07, largely below a consensus of $726.7M and $0.11. 3) Compuware (CPWR - earnings) expects FY14 revenue of $1B and GAAP EPS of $0.35-$0.37; consensus is for revenue of $1.01B and non-GAAP EPS of $0.42. ADI -1.3% AH. INTU +0.5%. CPWR +0.9%. (Analog Devices PR) (Intuit PR) (Compuware PR) Comment!
  • NTAP
    4:30 PM More on NetApp: $1B in buybacks promised over next 4 months, $2B over next 12 months; FQ4 buybacks totaled $180M. Company is cutting 900 jobs (~7% of workforce) in restructuring (Piper predicted 1,300), expects to take $50M-$60M in pretax charges. NetApp claims "double-digit growth in branded bookings," which suggests OEM sales (to IBM?) are weak. FQ4 product revenue (66% of total) -2% Y/Y, software/maintenance +6%, services +8%. Gross margin was 61.2%, +160 bps Y/Y. FQ1 guidance likely to stoke share loss worries. NTAP +2.1% AH. (PR) 1 Comment
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