Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Analogic Corp. (NASDAQ: ALOG) Q1 earnings plunged well below expectations due to costs.
• CKE Restaurants Inc. (NYSE: CKR) solid Q3 earnings were in line with analysts expectations.
• Costco Wholesale Corp. (NASDAQ: COST) beat Q1 expectations and same-stores sales increased.
• Dow Chemical Co. (NYSE: DOW) lowered its guidance and announced layoffs and factory closings.
• Eastman Kodak Co. (NYSE: EK) withdrew its guidance due in part to weak consumer spending.
• Electronic Arts Inc. (NASDAQ: ERTS) lowered its outlook due to weaker-than-expected holiday sales.
• Eli Lilly & Co. (NYSE: LLY) offered a full-year profit forecast that missed analysts' expectations.
• FedEx Corp. (NYSE: FDX) lowered its earnings guidance and announced price increases.
• FuelCell Energy Inc. (NASDAQ: FCEL) reported a deeper-than-expected loss but topped sales estimates.
• H&R Block Inc. (NYSE: HRB) Q2 net loss was in line with expectations but revenue fell short.
• Hartford Financial Services Group (NYSE: HIG) raised its full-year forecast, doubling the share price.
• Hooker Furniture Corp. (NASDAQ: HOFT) shares sold off following disappointing Q3 results and outlook.
• Krispy Kreme Doughnuts Inc. (NYSE: KKD) reported a deeper-than-expected Q3 loss on increased costs.

Continue reading Earnings highlights: Costco, Kroger, Krispy Kreme, Lululemon, FedEx, P&G and others

Earnings highlights: Costco, Kroger, Krispy Kreme, Lululemon, FedEx, P&G and others originally appeared on BloggingStocks on Sat, 13 Dec 2008 14:40:00 EST. Please see our terms for use of feeds.

Analogic Corp. (NASDAQ: ALOG), National Semiconductor Corp. (NYSE: NSM), and Toro Co. (NYSE: TTC) were among this week's big earnings losers as they struggle to adapt to dismal economic conditions.

Analogic said its fiscal first-quarter profit fell 95% from a year ago to $320,000, or 2 cents per share, due to higher manufacturing costs and expenses related to its acquisition last summer of Copley Controls Corp., a manufacturer of MRI machine parts. Analysts polled by Thomson Reuters had, on average, expected earnings of 52 cents per share for the quarter ended Oct. 31.

Shares fell to a new 52-week low Friday, and closed at $29.65, down 28.5%, on Friday. The share price has fallen 54.2% in the past year.

National Semiconductor reported fiscal second-quarter earnings of $33.9 million, or 14 cents per share, which is 63% below year-ago results. A significant drop in orders from wireless handset makers depressed earnings. Excluding restructuring expenses and other items, earnings fell short of estimates of analysts surveyed by Thomson Reuters.

Shares rose $1.36, or 13.2%, Friday to close at $11.65. The share price has fallen 52.5% in the past year.

Outdoor equipment maker Toro said its fiscal fourth-quarter profit fell nearly 100% to $13,000, or less than 1 cent per share, for the quarter ended Oct. 31. Toro took a charge of $4.7 million, or 8 cents a share, to finance early retirements used to trim the company's workforce. Analysts had expected earnings to be 6 cents per share.

Shares rose $1.12, or 3.7%, Friday to close at $31.28. The share price has fallen 46.6% in the past year.

Visit AOL Money & Finance for more earnings coverage.

Sharp earnings declines for Analogic, National Semiconductor, and Toro originally appeared on BloggingStocks on Tue, 09 Dec 2008 18:10:00 EST. Please see our terms for use of feeds.

Even as the holiday season ramps up and the calendar quarter begins to wind down, earnings reports continue to dribble in. Among the companies scheduled to release quarterly results this coming week, analysts surveyed by Thomson Reuters are expecting BWAY Holding Co. (NYSE: BWY), Powell Industries Inc. (NASDAQ: POWL), and Esterline Technologies Corp. (NYSE: ESL) to be among the biggest earnings gainers.

Atlanta-based packaging and container producer BWAY is expected to report fiscal fourth-quarter profits that are 65.6% higher than in the same period of last year, or $0.32 per share on revenues of $265.2 million (+4.9%). BWAY topped estimates in the previous two quarters -- by 44.9% in the third quarter. Those results sent shares to a new 52-week high. But shares have fallen 62.7% in the past three months, and they are now trading near a multiyear low of $4.11 per share.

Houston-based energy equipment maker Powell is expected to report fiscal fourth-quarter profits that are 62.7% higher than a year ago, or $0.59 per share. Revenues are forecast to be 14.2% higher, or $171.8 million. Powell beat expectations in the past three quarters -- by 20.2% in the third quarter. The share price has fallen 47.7% in the past three months, and the consensus recommendation is to buy POWL.

Continue reading The week in preview: Early December earnings expectations

The week in preview: Early December earnings expectations originally appeared on BloggingStocks on Sun, 07 Dec 2008 12:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Aeropostale Inc. (NYSE: ARO) posted strong Q1 results on increased same-store sales.
• Analog Devices Inc. (NYSE: ADI) reported solid Q2 results and raised its Q3 guidance.
• BMC Software Inc. (NYSE: BMC) Q4 results beat estimates and it raised its full-year guidance.
• Charming Shoppes Inc. (NASDAQ: CHRS) posted a Q1 loss its worst sales decline in years.
• Ford Motor Co. (NYSE: F) warned that it doesn't expect 2009 profit despite some strength overseas.
• Gymboree Corp. (NASDAQ: GYMB) reported strong Q1 results due to higher retail sales.
• Hormel Foods Corp. (NYSE: HRL) posted solid Q2 results that beat Wall Street estimates by a penny.
• Intuitive Surgical Inc. (NASDAQ: ISRG) warned that it might not meet expectations for 2008.
• Limited Brands Inc. (NYSE: LTD) disappointing Q1 results were offset by a one-time sale of an asset.
• PetSmart Inc. (NASDAQ: PETM) posted weak Q1 results that beat estimates, and offered weak guidance.
• Salesforce.com Inc. (NYSE: CRM) reported strong Q1 results that led to analyst upgrades.
• Talbots Inc. (NYSE: TLB) restructuring costs and soft same-store sales dragged down Q1 earnings.
• Toro Co. (NYSE: TTC) Q2 profits and revenues declined but beat low expectations of analysts.

Additional earnings highlights:
Home Depot, Gap, Lenovo, Air France, Activision, Suntech and others
Hewlett-Packard, Target, Barnes & Noble, Campbell, Staples and others

Upcoming results to watch for include Borders (NYSE: BGP), Polo Ralph Lauren (NYSE: RL), TiVo (NASDAQ: TIVO), Big Lots (NYSE: BIG), Costco (NASDAQ: COST), Dell (NASDAQ: DELL), HJ Heinz (NYSE: HNZ), Sears (NASDAQ: SHLD), Lions Gate (NYSE: LGF), and Tiffany (NYSE: TIF).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: Ford, Hormel, Limited Brands, Intuitive Surgical, PetSmart and others originally appeared on BloggingStocks on Sun, 25 May 2008 09:10:00 EST. Please see our terms for use of feeds.

Toro (NYSE: TTC), maker of lawn and snow-throwing equipment and competitor of Deere (NYSE: DE) and Black and Decker (NYSE: BDK), seems to be hitting a rough patch because of the weakened economy. The top line decreased to about $639 million in net sales for the second quarter. Earnings per share skidded almost 10% to $1.60. That was good enough to beat expectations by a penny, as Briefing.com pointed out, but make no mistake about it this was not an impressive quarter.

The company also sported negative operational cash flow. Although Toro used less cash, it still needed $111 million to keep corporate activities going. A look at the most recent 10-K shows that Toro has been generating positive annual cash flows over the last few years, so I wouldn't necessarily worry about this cash-flow statement for now, as it most likely will improve as the year goes on. As a matter of fact, management said in the earnings release that it was confident about the cash flow and intended to repurchase more shares.

But Toro doesn't expect much in the way of growth for the coming year. Guidance calls for flat top-line growth in fiscal 2008 and for net earnings per share to either be flat or to fall 5%. Not an inspirational forecast, let me tell you. With the stock pretty near a 52-week low and with the dividend yield not as high as I'd like, I don't see a reason why an investor should be fooling with Toro right now.

Yes, I do see that management seems confident in the future, and who knows, you could be getting a value here since this is a powerful brand, but I think the shares might be pressured in the coming months if energy costs continue to rise and inflation remains a concern (interestingly enough, Toro shares did rebound in the after-hours session on Thursday after being sold throughout the day in regular trading). No, this isn't the end of Toro, but for me, I'm not inclined to put money to work here until I see at least some strength in the stock.

Disclosure: I don't own shares in any company mentioned; positions can change at any time.

Is Toro worth a look? originally appeared on BloggingStocks on Fri, 23 May 2008 09:35:00 EST. Please see our terms for use of feeds.