Here are some highlights from this past week's earnings coverage from BloggingStocks:
- Aetna Inc. (NYSE: AET) lowered its 2009 earnings guidance, initially sending the share price lower.
- Ciena Corp. (NASDAQ: CIEN) reported a bigger-than-expected Q2 net loss as revenues sank.
- Collective Brands Inc. (NYSE: PSS) saw Q1 earnings and sales decline, but beat Wall Street estimates.
- Google Inc. (NASDAQ: GOOG) earnings prospects led Goldman Sachs analysts to increase its forecasts.
- Guess? Inc. (NYSE: GES) weak Q1 results topped estimates and it offered guidance that pleased investors.
- Hovnanian Enterprises Inc. (NYSE: HOV) Q2 net loss was deeper than expected but less than a year ago.
- KKR & Co. (NYSE: KFN) posted its first annual loss in five years due to the dearth of leveraged buyouts.
- Krispy Kreme Doughnuts Inc. (NYSE: KKD) Q1 earnings declined while same-stores crept higher.
- Lions Gate Entertainment Corp. (NYSE: LGF) posted a deeper annual loss for 2009 and negative cash flow.
- UCBH Holdings Inc. (NASDAQ: UCBH) was downgraded because of its uncertain earnings outlook.
- Valero Energy Corp. (NYSE: VLO) warned of a quarterly loss due to extended downtime at two refineries
- Williams-Sonoma Inc. (NYSE: WSM) swung to a Q1 loss as revenue plunged due to consumers' frugality.
Look for upcoming quarterly results from Del Monte Foods (NASDAQ: DLM), lululemon athletica (NASDAQ: LULU) , Men's Wearhouse (NYSE: MW), Movado (NYSE: MOV), National Semiconductor (NYSE: NSM), Pep Boys (NYSE: PBY), and Talbots (NYSE: TLB).
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