Seagate, ConAgra Guides Higher, Carnival Below Estimates

Seagate Technology Guides Higher
Seagate Technology (STX) said it now expects fiscal first quarter revenue to be at or slightly above the high-end of its previous guidance range of $2.40 to $2.60 billion. The current consensus estimate is revenue of $2.52 billion for the quarter ending October 3, 2009.

ConAgra Foods Raises Guidance
ConAgra Foods Inc. (CAG) said it now expects fiscal 2010 earnings to approacth $1.70 per share. The company’s previous guidance was earnings of $1.63 to $1.66 per share and the current consensus earnings estimate is $1.66 per share for the year ending May 31, 2010.

FactSet Research Systems Guides Above Estimates
FactSet Research Systems Inc. (FDS) said it expects first quarter earnings of $0.73 to $0.75 per share on revenue of $152.0 million to $157.0 million. The current consensus earnings estimate is $0.72 per share on revenue of $152.2 million for the quarter ending November 30, 2009.

Brocade Narrows Guidance
Brocade Communications Systems (BRCD) said during its Analyst Day conference it now expects fiscal 2009 non-GAAP earnings of $0.49 to $0.52 per share on revenue of $1.94 billion to $1.96 billion. The company’s previous guidance was for earnings of $0.48 to $0.52 per share on revenue of $1.90 billion to $2.0 billion and the current consensus earnings estimate is $0.51 per share on revenue of $1.95 billion for the year ending October 31, 2009.

PAETEC Guides Inline
PAETEC Holding Corp. (PAET) said it expects 2009 revenue of $1.575 billion to $1.585 billion. The current consensus estimate is revenue of $1.58 billion for the year ending December 31, 2009.

Lowe’s Companies Provides Fiscal 2010 Guidance
Lowe’s Companies, Inc. (LOW) said it continues to expect fiscal year earnings of $1.13 to $1.21 per share on revenue of $43.89 billion to $44.85 billion. The current consensus earnings estimate is $1.20 per share on revenue of $46.86 billion for the year ending January 31, 2010. The company said it expects fiscal 2010 earnings of $1.24 to $1.34 per share on revenue of $45.21 billion to $46.64 billion. The current consensus earnings estimate is $1.33 per share on revenue of $48.48 billion for the year ending January 31, 2011.

Carnival Sees Fourth Quarter Earnings Below Estimates
Carnival Corp. (CCL) said it expects fourth quarter earnings of $0.16 to $0.20 per share. The current consensus earnings estimate is $0.23 per share for the quarter ending November 30, 2009.

Source: EarningsWhispers.com