What About Earnings – 3 Feb 09

The following trend shows that the winners are health-care, cheap food store and educational stocks. As economy gets worst bargain companies will see better results. No surprise on the losers. Retailers and realty stocks have taken a huge beating.

Yum! Brands Guides Above Estimates
Yum! Brands Inc. (YUM) said it expects 2009 earnings of at least $2.10 per share. The current consensus earnings estimate is $2.08 per sharefor the year ending December 31, 2009.

Alliance Data Systems Guides Above Estimates
Alliance Data Systems Corp. (ADS) said it expects 2009 earnings of $5.15 to $5.20 per share. The current consensus earnings estimate is $5.07 per share on for the year ending December 31, 2009.

Health Net Guides Above Estimates
Health Net Inc. (HNT) said it expects 2009 earnings of $2.25 to $2.40 per share on revenue of $15.5 billion to $16.0 billion. The current consensus earnings estimate is $1.84 per share on revenue of $15.33 billion for the year ending December 31, 2009.

Corinthian Colleges Raises Guidance
Corinthian Colleges Inc. (COCO) said it expects third quarter earnings of $0.22 to $0.24 per share on revenue of $329.0 million to $334.0 million. The current consensus earnings estimate is $0.20 per share on revenue of $322.1 million for the quarter ending March 31, 2009. The company also said it now expects fiscal 2009 earnings of $0.66 to $0.70 per share on revenue of $1.26 billion to $1.27 billion. The company’s previous guidance was earnings of $0.58 to $0.63 per share on revenue of $1.21 billion to $1.25 billion and the current consensus earnings estimate is $0.59 per share on revenue of $1.23 billion for the year ending June 30, 2009.

Scotts Miracle-Gro Raises Guidance Above Estimates
Scotts Miracle-Gro (SMG) said it now expects fiscal 2009 earnings of $2.10 to $2.30 per share. The company’s previous guidance was for earnings of approximately $2.00 per share and the current consensus earnings estimate is $2.07 per share for the year ending September 30, 2009.

Core-Mark Provides Revenue Guidance
Core-Mark (CORE) said it expects 2009 revenue of approximately $6.30 billion. There currently are no revenue estimates for the year ending December 31, 2009.

Northrop Grumman Sees Earnings Inline; Revenue Below Estimates
Northrop Grumman Corp. (NOC) said it expects 2009 earnings of $5.15 to $5.40 per share on revenue of approximately $34.5 billion. The current consensus earnings estimate is $5.26 per share on revenue of $35.19 billion for the year ending December 31, 2009.

UPS Provides First Quarter Guidance
United Parcel Service, Inc. (UPS) said it expects first quarter earnings of $0.52 to $0.68 per share. The current consensus earnings estimate is $0.68 per share for the quarter ending March 31, 2009.

ADP Reaffirms Above Estimates
Automatic Data Processing Inc. (ADP) said it continues to expect fiscal 2009 earnings of $2.40 to $2.49 per share on revenue of $8.96 billion to $9.04 billion. The current consensus earnings estimate is $2.36 per share on revenue of $9.06 billion for the year ending June 30, 2009.

Merck Reaffirms
Merck & Co. Inc. (MRK) said it continues to expect 2009 earnings of $3.15 to $3.30 per share. The current consensus earnings estimate is $3.25 per share for the year ending December 31, 2009.

Rockwell Collins Lowers Guidance, but Earnings Remain Inline with Estimates
Rockwell Collins Inc. (COL) said it now expects 2009 earnings of $4.10 to $4.30 per share on revenue of approximately $4.70 billion. The company’s previous guidance was earnings of $4.25 to $4.45 per share on revenue of $4.90 billion to $4.95 billion and the current consensus earnings estimate is $4.28 per share on revenue of $4.87 billion for the year ending September 30, 2009.

Tupperware Brands Guides Below Estimates
Tupperware Brands Corp. (TUP) said it expects first quarter earnings of $0.34 to $0.39 per share and 2009 earnings of $1.98 to $2.08 per share. The current consensus earnings estimate is $0.52 per share for the quarter ending March 31, 2009 and $2.40 per share billion for the year ending December 31, 2009.

Actel Guides Below Estimates
Tuesday, February 03, 2009 4:26:19 PM ET
View: Complete Article | Historical Guidance
Actel Corp. (ACTL) said it expects first quarter revenue of $44.9 million to $47.5 million. The current consensus estimate is revenue of $52.0 million for the quarter ending March 31, 2009.

Leggett & Platt Provides Guidance Below Estimates
Leggett & Platt Inc. (LEG) said it expects 2009 earnings of $0.60 to $1.00 per share on revenue of $3.20 billion to $3.60 billion. The current consensus earnings estimate is $1.02 per share on revenue of $3.62 billion for the year ending December 31, 2009.

EA Guides Below Estimates
Electronic Arts Inc. (ERTS) said it expects a fiscal 2009 loss of approximately $0.35 per share on revenue of approximately $4.10 billion. The current consensus estimate is earnings of $0.60 per share on revenue of $4.69 billion for the year ending March 31, 2009. The company also said it expects 2010 earnings of approximately $1.00 per share on revenue of approximately $4.30 billion. The current consensus earnings estimate is $1.09 per share on revenue of $4.73 billion for the year ending March 31, 2010.

Terex Guides Lower
Terex Corp. (TEX) said it now expects 2008 earnings of approximately $5.41 per share. The company’s previous guidance was earnings of $5.69 to $5.79 per share and the current consensus earnings estimate is $5.68 per share for the year ending December 31, 2008.

Perrigo Guides Lower
Perrigo Company (PRGO) said it now expects 2009 earnings of $1.75 to $1.90 per share. The company’s previous guidance was earnings of $1.92 to $2.00 per share and the current consensus earnings estimate is $1.95 per share for the year ending June 30, 2009.

Cummins Guides Below Estimates
Cummins Inc. (CMI) said it expects 2009 revenue of approximately $11.5 billion. The current consensus estimate is revenue of $12.78 billion for the year ending December 31, 2009.

American Superconductor Guides Below Estimates
American Superconductor Corp. (AMSC) said it continues to expect a fiscal 2009 loss of $0.42 to $0.40 per share but now expects revenue of $178.0 million to $182.0 million. The company’s previous guidance was revenue of $175.0 million to $185.0 million and the current consensus estimate is a loss of $0.43 per share on revenue of $176.8 million for the year ending March 31, 2009. The company also said it expects to be profitable in fiscal 2010 but believes earnings will be limited to a few cents per share, and expects revenue of more than $225.0 million. The current consensus earnings estimate is $0.13 per share on revenue of $246.5 million for the year ending March 31, 2010.

Colonial Properties Trust Guides Below Estimates
Colonial Properties Trust (CLP) said it expects 2009 funds from operations of $1.13 to $1.20 per share. The current consensus FFO estimate is $1.72 per share for the year ending December 31, 2009.

Motorola Guides Below Estimates
Motorola Inc. (MOT) said it expects a first quarter loss of $0.12 to $0.10 per share. The current consensus estimate is a loss of $0.06 per share for the quarter ending March 31, 2009.

RealNetworks Sees Revenue Below Estimates
RealNetworks (RNWK) said it expects fourth quarter revenue of $151.0 million to $153.0 million. The current consensus estimate is revenue of $153.9 million for the quarter ending December 31, 2008.