Here are some highlights from this past week's earnings coverage from BloggingStocks:
- AAR Corp. (NYSE: AIR) posted record third-quarter earnings and revenue.
- Adobe Systems Inc. (NASDAQ: ADBE) posted better-than-estimated first-quarter results and raised its outlook.
- CKE Restaurants Inc. (NYSE: CKR) posted third-quarter results that missed estimates.
- ConAgra Foods Inc. (NYSE: CAG) third-quarter profit surged as strong sales offset commodity prices.
- Darden Restaurants Inc. (NYSE: DRI) beat third-quarter expectations and offered guidance.
- FactSet Research Systems Inc. (NYSE: FDS) second-quarter results beat estimates and it raised its outlook.
- Fortress Investment Group (NYSE: FIG) remained upbeat despite a fourth-quarter loss.
- Guess Inc. (NYSE: GES) record fourth-quarter results beat Wall Street expectations.
- Inter Parfums Inc. (NASDAQ: IPAR) posted better-than-estimated fourth-quarter results and raised its outlook.
- Jabil Circuit Inc. (NYSE: JBL) beat second-quarter expectations but lowered its guidance.
- JC Penney Co. Inc. (NYSE: JCP) lowered its first-quarter outlook on weaker-than-expected sales.
- KB Home (NYSE: KBH) swung to a larger-than-expected first-quarter loss on write-downs.
- Lennar Corp. (NYSE: LEN) posted a smaller-than-expected first-quarter loss.
- Monsanto Co. (NYSE: MON) raised its second-quarter and full-year guidance.
- Oracle Corp. (NASDAQ: ORCL) merely met earnings expectations, sending shares lower.
- Tiffany & Co. (NYSE: TIF) posted better-than-estimated fourth-quarter results and raised its outlook.
- Usana Health Sciences Inc. (NASDAQ: USNA) posted lower-than-expected first-quarter results.
- Walgreen Co. (NYSE: WAG) posted solid second-quarter results, including same-store sales growth.
Also, auction-rate securities issues may hurt some tech company results. Analysts keep cutting earings estimates for the big banks, but some are eyeing Yum! Brands (NYSE: YUM) earnings prospects as it expands in China, as well as Archer Daniels Midland (NYSE: ADM) on soaring demand for commodities.
Upcoming results to watch for include Best Buy (NYSE: BBY), Monsanto (NYSE: MON), and Research in Motion (NASDAQ: RIMM).
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had been looking for 23 cents and $82.7 million. Management also guided FY07 EPS to $1.03 ($1.01 consensus) and FY07 revenues to $375 million ($369.75M consensus). Wedbush Morgan and Oppenheimer subsequently reiterated "buy" recommendations on the issue and boosted their price targets to $31. The news popped the shares out of a late April/early May "cup" into the mid-May "handle" of a Cup & Handle formation. The price is now beginning to show signs of completing the pattern with a bullish rise from the right-hand side of the "handle".

