Pepsi, United Natural Food Guides Higher, Valero Sees Q2 Loss

Positive Guidance

Bob Evans Farms Sees Revenue Above Estimates
Bob Evans Farms Inc. (BOBE) said it expects fiscal 2010 revenue of approximately $1.78 billion to $1.79 billion. The current consensus estimate is revenue of $1.77 billion for the year ending April 30, 2010.

Tessera Technologies Ups Guidance
Tessera Technologies Inc. (TSRA) said it now expects second quarter revenue of $59.0 million to $61.0 million. The company’s previous guidance was revenue of $46.0 million to $49.0 million and the current consensus estimate is revenue of $47.8 million for the quarter ending June 30, 2009.

United Natural Foods Raises Earnings Guidance
United Natural Foods Inc. (UNFI) said it now expects fiscal 2009 earnings of $1.34 to $1.38 per share and continues to expect revenue of $3.45 billion to $3.50 billion. The company’s previous guidance was earnings of $1.28 to $1.36 per share and the current consensus earnings estimate is $1.31 per share on revenue of $3.49 billion for the year ending July 31, 2009.

Pepsi Bottling Raises Guidance
Pepsi Bottling Group Inc. (PBG) said it expects second quarter earnings of $0.70 to $0.74 per share and now expects 2009 earnings of $2.30 to $2.40 per share. The company’s previous guidance was 2009 earnings of $2.20 to $2.30 per share. The current consensus earnings estimate is $0.69 per share for the quarter ending June 30, 2009 and $2.26 per share for the year ending December 31, 2009.

Inline Guidance

VeriFone Revises Guidance with Fiscal Year Revenue Below Estimates
VeriFone Holdings Inc. (PAY) said it expects third quarter earnings of $0.15 to $0.18 per share on revenue of approximately $202.0 million. The current consensus earnings estimate is $0.17 per share on revenue of $210.7 million for the quarter ending July 31, 2009. The company also said it expects 2009 earnings of $0.65 to $0.70 per share on revenue of $810.0 million to $830.0 million. The company’s previous guidance was earnings of $0.60 to $0.85 per share on revenue of $830.0 million to $880.0 million and the current consensus earnings estimate is $0.67 per share on revenue of $848.1 million for the year ending October 31, 2009.

Negative Guidance

Brandywine Realty Trust Lowers Guidance
Brandywine Realty Trust (BDN) said it now expects 2009 funds from operations of $1.63 to $1.77 per share. The company’s previous guidance was FFO of $2.04 to $2.21 per share and the current consensus FFO estimate is $2.03 per share for the year ending December 31, 2009.

FirstEnergy Guides Below Estimates
FirstEnergy Corp. (FE) said it expects 2009 earnings of $3.70 to $3.85 per share. The current consensus earnings estimate is $4.00 per share for the year ending December 31, 2009.

Valero Energy Sees Second Quarter Loss
Valero Energy Corp. (VLO) said it expects second quarter loss of approximately $0.50 per share. The current consensus estimate is for earnings of $0.76 per share for the quarter ending June 30, 2009.

Aetna Lowers Guidance
Aetna Inc. (AET) said it now expects 2009 earnings of $3.55 to $3.70 per share. The company’s previous guidance was earnings of $3.85 to $3.95 per share and the current consensus earnings estimate is $3.82 per share for the year ending December 31, 2009.