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Can Lululemon Athletica Top Earnings Estimates Again?

Lululemon Athletica logoLululemon Athletica (LULU) will take its turn in the earnings confessional bright and early tomorrow morning, Dec. 9. Analysts are expecting the athletic apparel firm to report a third-quarter profit of 25 cents per share, up from 20 cents per share in the year-ago period. LULU has an impressive track record in the earnings spotlight, having exceeded Wall Street's consensus profit expectations in each of the past four quarters.

The stock has also established itself as a technical outperformer, with LULU rising 82.5% so far in 2010. This impressive ascent has been underlined by reliable support at the stock's 10-week, 20-week, and 50-week moving averages, which have guided LULU higher since July 2009.

Continue reading Can Lululemon Athletica Top Earnings Estimates Again?

Will TiVo Pop or Drop After Its Q3 Report?

Television titan TiVo (TIVO) will step into the earnings spotlight after tonight's closing bell, with Wall Street looking for a third-quarter loss of 17 cents per share -- wider than TiVo's year-ago deficit of 6 cents per share. The firm has been on a hot streak with its quarterly reports, having exceeded analysts' consensus earnings expectations in each of the last three reporting periods.

However, the equity's technical performance isn't quite so impressive. The shares took a dive earlier this month after TiVo's patent dispute with EchoStar (SATS) and Dish Network (DISH) took an ugly turn in the courtroom, and the stock has yet to recover.

Continue reading Will TiVo Pop or Drop After Its Q3 Report?

Salesforce.com Hits a New High After Earnings

Salesforce.com (CRM) logoSalesforce.com (CRM) is certainly enjoying a positive post-earnings reaction Friday. After unveiling its third-quarter results last night, the stock sailed to a new all-time high as a slew of brokerage firms rushed to raise their price targets on CRM.

Specifically, CRM swung to a third-quarter profit of $21.1 million, or 15 cents per share, while revenue increased 30% to $429.1 million. Excluding items, CRM earned 32 cents per share. By contrast, analysts were looking for a quarterly profit of just 31 cents per share on revenue of $410.5 million.

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DryShips Sails Higher on Solid Q3 Report

DryShips logoLate Wednesday, DryShips (DRYS) reported that its third-quarter profit climbed 57% to $49.3 million, or 18 cents per share, while revenue increased 1.5% to $225.5 million.

On an adjusted basis, earnings for the quarter arrived at 38 cents per share. Operating margin improved to 48% from 40.4%. The results surpassed analysts' expectations, which called for a profit of 25 cents per share on $217 million in revenue.

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Suntech Power Tumbles to New Annual Low Following Earnings

Suntech (STP) logoSuntech Power (STP) is taking a post-earnings plunge, as traders pan the company's third-quarter report.

Wednesday morning, Suntech said its third-quarter profit climbed 11% to $33.1 million, or 18 cents per American depositary share (ADS), while revenue rose 57% to $743.7 million. Gross margin for the quarter contracted to 16.4% from 17.8%, due to lower selling prices.

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Perfect World Plunges After Lackluster Q4 Guidance

Perfect World (PWRD) logoChinese gaming concern Perfect World (PWRD) took the earnings stage last night, with the company unveiling a third-quarter profit of CNY213.7 million, or $31.9 million -- down 26% on a year-over-year basis. Excluding items, Perfect World earned CNY4.53 per share, or 68 cents, compared to Wall Street's forecast for 53 cents per share. Revenue for the period rose 12% to CNY658.2 million.

Despite Perfect World's respectable third-quarter performance, analysts seem less than thrilled with the firm's fourth-quarter outlook. Citigroup downgraded the stock to sell from buy, while Credit Suisse lowered its opinion to underperform from outperform.

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Wendy's/Arby's Group Sinks After Q3 Loss

Wendy's/Arby's Group (WEN) was wallowing in red ink Friday morning, after the fast-food firm confessed to a third-quarter loss and warned that its full-year earnings would arrive at the low end of its previously forecast range. Even more troubling, the restaurateur said it's not yet prepared to offer financial guidance for 2011.

For the recently concluded quarter, Wendy's swallowed a net loss of $900,000 -- which translates to a negligible per-share deficit -- down from its year-ago profit of $14.69 million, or 3 cents per share. Revenue for the period slipped 4.7% to $861.2 million. Analysts surveyed by Thomson Reuters were anticipating a profit of 4 cents per share on $882.6 million in revenue.

Continue reading Wendy's/Arby's Group Sinks After Q3 Loss

Call Volume Surges on Yamana Gold

Gold futures have continued their quest for all-time highs today, and options players are reacting by opening new bullish bets on stocks within the precious metals sector. One such equity is Yamana Gold (AUY), which saw call volume ramp up to more than double its daily average by midday.

Within the first couple hours of the session, about 24,000 calls changed hands on AUY, easily outstripping its average daily volume of roughly 11,000 calls. The most active strike today is AUY's January 2011 15 call, with 4,079 contracts trading. The majority of these calls traded at the ask price, indicating they were most likely purchased. Not far behind is AUY's April 2011 20 call, where 2,774 contracts crossed the tape -- 78% at the ask price.

Continue reading Call Volume Surges on Yamana Gold

Blue Nile Spikes Higher on Solid Q3 Report

Blue Nile logoOnline jewelry retailer Blue Nile (NILE) took the earnings stage Friday morning, with the company reporting a third-quarter profit of $2.8 million, or 19 cents per share -- up 7.7% from its year-ago results. Net sales for the quarter added 0.8% to $67.5 million. Analysts surveyed by Thomson Reuters were looking for a third-quarter profit of 18 cents per share on $72.1 million in revenue.

For the current quarter, Blue Nile predicted a profit of 41 cents to 46 cents per share, with sales arriving between $106 million and $115 million. Analysts anticipate a fourth-quarter profit of 43 cents per share from Blue Nile.

Continue reading Blue Nile Spikes Higher on Solid Q3 Report

Liz Claiborne Gaps Higher After Earnings

Wall Street seems pleased by the latest earnings report from Liz Claiborne (LIZ), judging by the stock's 5% jump Thursday morning. Bright and early, Liz Claiborne reported a third-quarter loss of $62.7 million, or 67 cents per share, improved from its year-ago loss of $90.5 million, or 96 cents per share. Excluding items, Liz Claiborne swallowed a loss of 24 cents per share from continuing operations.

Net sales for the quarter declined 14% to $658.3 million -- but, excluding the impact of a shift to licensing models under a new deal with JCPenney (JCP), sales fell just 2.7%. Gross margin, meanwhile, expanded to 51.3% from 45.3%.

Continue reading Liz Claiborne Gaps Higher After Earnings

Evergreen Solar Plunges on Earnings Miss

Evergreen Solar (ESLR) logoAfter the close last night, Evergreen Solar (ESLR) announced that its third-quarter loss narrowed to $27.2 million, or 13 cents per share, from last year's deficit of $82.7 million, or 40 cents per share. Revenue for the period climbed to $86.5 million from $77.7 million in the year-ago quarter.

Despite the year-over-year improvement, ESLR's quarterly results fell short of Wall Street's expectations. Analysts surveyed by Thomson Reuters were predicting a third-quarter loss of just 11 cents per share on $87.5 million in revenue.

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Bunge Tops Q3 Earnings Estimates, but Falls Short on Revenue

Bunge (BG) logoBunge Ltd. (BG) reported Thursday morning that its third-quarter profit dipped 8.6% due to charges, even as revenue for the period rose 2.9% year-over-year. The agribusiness baron raked in a profit of $212 million, or $1.36 per share, on revenue of $11.66 billion.

Excluding one-time items, BG's net income of $2.26 per share easily exceeded analysts' consensus estimate for a profit of $1.57 per share. However, the firm's quarterly revenue fell short of Wall Street's forecast for $12.48 billion.

Continue reading Bunge Tops Q3 Earnings Estimates, but Falls Short on Revenue

Century Aluminum Gaps Lower After Q3 Report

Century AluminumCentury Aluminum (CENX) took a dive right out of the gate Wednesday morning, as traders panned the commodity concern's third-quarter results. Tuesday night, CENX confessed to a quarterly loss of $16.8 million, or 18 cents per share, down substantially from its year-ago profit of $40.1 million, or 45 cents per share. Sales for the quarter climbed to $279.2 million, but CENX's bottom line was dented by a $12.2 million mark-to-market loss on forward contracts.

The aluminum issue managed to exceed analysts' consensus revenue forecast of $269.5 million, but the quarterly loss fell well short of Wall Street's prediction for a net profit of 8 cents per share.

Continue reading Century Aluminum Gaps Lower After Q3 Report

Domino's Pizza Delivers Solid Q3 Results

Domino's Pizza (DPZ)Domino's Pizza (DPZ) rallied about 5% right out of the gate Tuesday morning, as Wall Street cheered the food firm's latest earnings report.

For the third quarter, DPZ earned $16.6 million, or 27 cents per share, while revenue climbed 14.8% to $347.4 million. Both figures topped analysts' consensus estimates, which called for a profit of 25 cents per share on $335.9 million in revenue.

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Advanced Micro Devices Under Pressure Ahead of Q3 Earnings

AMD logoAdvanced Micro Devices (AMD) is scheduled to take its turn in the earnings confessional after Thursday's close, with analysts looking for a third-quarter profit of 6 cents per share on $1.67 billion in sales. AMD swallowed a loss of 18 cents per share in the year-ago quarter, leaving plenty of room for improvement.

The semiconductor company has a solid history on the earnings front, having surpassed analysts' per-share profit expectations in each of the past four quarters. However, traders don't seem convinced that AMD can manage another upside surprise.

Continue reading Advanced Micro Devices Under Pressure Ahead of Q3 Earnings

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Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 03:50 AM

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