Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Astec Industries Inc. (NASDAQ: ASTE) beat expectations and raised its guidance.
- Blockbuster Inc. (NYSE: BBI) fourth-quarter profit fails to offset the full-year loss.
- China Techfaith Wireless Communication Technology (NASDAQ: CNTF) beat analysts' expectations.
- Costco Wholesale Corp. (NASDAQ: COST) met analysts' estimates, buoyed by higher fuel prices.
- FTI Consulting Inc. (NYSE: FCN) beat expectations and raised its full-year guidance.
- H&R Block Inc. (NYSE: HRB) narrowed its loss due to higher sales and smaller subprime losses.
- Jackson Hewitt Tax Service Inc. (NYSE: JTX) missed estimates as third-quarter profits declined sharply.
- LifeCell Corp. (NASDAQ: LIFC) beat fourth-quarter estimates and offered full-year guidance.
- Marvell Technology Group (NASDAQ: MRVL) lowered its first-quarter forecast , sending shares lower.
- Porsche AG (OTC: PSEPF) profit soared on strong sales of its Cayenne.
- S1 Corp. (NASDAQ: SONE) beat expectations and offered full-year guidance.
- Saks Inc. (NYSE: SKS) fourth-quarter profit nearly doubled, but full-year profit declined.
- Urban Outfitters Inc. (NASDAQ:URBN) beat expectations on strength in same-store sales.
- Walgreen Co. (NYSE: WAG) reports strong same-store sales ahead of its quarterly results.
Also, see Timothy Sykes's take on Warren Buffett's annual letter to Berkshire Hathaway (NYSE: BRK.A) shareholders. Zac Bissonnette is interested in where earnings actually come from. And Saks, Costco, and other retailers saw stronger February same-store sales despite recession concerns, but JC Penney Co. (NYSE: JCP) didn't feel the love.
Upcoming results to watch for include Kroger Co. (NYSE: KR), Boston Beer Co. (NYSE: SAM), J. Crew Group Inc. (NYSE: JCG), Jones Soda Co. (NASDAQ: JSDA), Blackstone Group (NYSE: BX), and Men's Wearhouse Inc. (NYSE: MW).
Comfort Zone Investing: Keep your recovery expectations real
Will Americans have to slim down to fit into their cars?
Starbucks: The next McDonald's
