Earning Release: Research in Motion Guides Above Earnings Estimates

Spectrum Control Guides Above Estimates
Spectrum Control Inc. (SPEC) said it expects third quarter earnings of $0.27 to $0.28 per share on revenue of $42.0 million to $43.0 million. The current consensus earnings estimate is $0.24 per share on revenue of $39.9 million for the quarter ending August 31, 2010.

Hawk Raises Guidance
Hawk Corp. (HWK) said it now expects 2010 revenue of $225.0 million to $232.0 million. The company’s previous guidance was of $200.0 million to $210.0 million and the current consensus estimate is revenue of $206.1 million for the year ending December 31, 2010.

Research in Motion Guides Above Earnings Estimates
Research in Motion Ltd. (RIMM) said it expects second quarter earnings of $1.33 to $1.40 per share on revenue of $4.40 billion to $4.60 billion. The current consensus earnings estimate is $1.31 per share on revenue of $4.49 billion for the quarter ending August 31, 2010.

AZZ Ups Guidance
AZZ Inc. (AZZ) said it now expects fiscal 2011 earnings of $2.65 to $2.80 per share on revenue of $380.0 million to $395.0 million. The company’s previous guidance was earnings of $1.85 to $2.20 per share on revenue of $310.0 million to $330.0 million and the current consensus earnings estimate is $2.27 per share on revenue of $346.0 million for the year ending February 28, 2011.

Darden Restaurants Guides In-line
Darden Restaurants Inc. (DRI) said it expects fiscal 2011 earnings of $3.26 to $3.35 per share on revenue of $7.50 billion to $7.57 billion. The current consensus earnings estimate is $3.28 per share on revenue of $7.54 billion for the year ending May 31, 2011.

Dell Guides In-line
Dell Inc. (DELL) said it expects fiscal 2011 earnings of $1.24 to $1.29 per share on revenue of $60.3 billion to $63.0 billion. The current consensus earnings estimate is $1.27 per share on revenue of $61.45 billion for the year ending January 31, 2011.

Medtronic Sees First Quarter Below Estimates; Reaffirms for the Year
Medtronic Inc. (MDT) said it expects first quarter earnings of $0.79 to $0.81 per share and continues to expect fiscal 2011 earnings of $3.50 to $3.60 per share. The current consensus earnings estimate is $0.84 per share for the quarter ending July 30, 2010 and earnings of $3.51 per share for the year ending April 30, 2011.

Rite Aid Reaffirms
Rite Aid Corp. (RAD) said it continues to expect a fiscal year loss of $0.65 to $0.41 per share on revenue of $25.2 million to $25.6 million. The current consensus estimate is a loss of $0.52 per share on revenue of $25.5 billion for the year ending February 28, 2011.

Philip Morris Lowers Guidance to be In-line with Estimates
Philip Morris International Inc (PM) said it now expects 2010 earnings of $3.70 to $3.80 per share. The company’s previous guidanc was earnings of $3.75 to $3.85 per share and the current consensus earnings estimate is $3.73 per share for the year ending December 31, 2010.

SYNNEX Guides Revenue Below Estimates
SYNNEX Corp. (SNX) said it expects third quarter earnings of $0.72 to $0.75 per share on revenue of $2.05 billion to $2.15 billion. The current consensus earnings estimate is $0.75 per share on revenue of $2.17 billion for the quarter ending August 31, 2010.

FSI International Guides In-line
FSI International Inc. (FSII) said it expects fourth quarter revenue of $27.0 million to $30.0 million. The current consensus estimate is revenue of $29.4 million for the quarter ending August 31, 2010.

Accenture Sees Revenue Below Estimates
Accenture Ltd (ACN) said it expects fourth quarter revenue of $5.15 billion to $5.35 billion. The current consensus estimate is revenue of $5.55 billion for the quarter ending August 31, 2010. The company said it now expects 2010 earnings to be at the lower-half of its previous guidance range of $2.61 to $2.69 per share. The current consensus earnings estimate is $2.62 per share for the year ending August 31, 2010.

Autodesk Narrows Guidance
Autodesk Inc. (ADSK) said it now expects second quarter earnings of $0.25 to $0.28 per share, excluding stock-option expense, on revenue of $445.0 million to $460.0 million. The company’s previous guidance was earnings of $0.23 to $0.28 per share on revenue of $435.0 million to $460.0 million and the current consensus earnings estimate is $0.27 per share on revenue of $453.2 million for the quarter ending July 31, 2010.

McCormick & Company Narrows Guidance to High-end
McCormick & Company Inc. (MKC) said it now expects 2010 earnings to be at the higher-end of its previous guidance range of $2.49 to $2.54 per share. The current consensus earnings estimate is $2.51 per share for the year ending November 30, 2010.

WABCO Holdings Raises Guidance, but Remains In-line with Estimates
WABCO Holdings Inc. (WBC) said it now expects 2010 earnings of $1.75 to $2.05 per share. The company’s previous guidance was earnings of $1.40 to $1.80 per share and the current consensus earnings estimate is $1.77 per share for the year ending December 31, 2010.

Bed Bath & Beyond Guides Below Estimates
Bed Bath & Beyond Inc. (BBBY) said it expects second quarter earnings of $0.59 to $0.63 per share. The current consensus earnings estimate is $0.64 per share for the quarter ending August 31, 2010.

Kensey Nash Guides Below Estimates
Kensey Nash Corp. (KNSY) said it expects fiscal 2011 revenue of $81.0 million to $83.0 million. The current consensus estimate is revenue of $83.6 million for the year ending June 30, 2011.

A. O. Smith Lowers Guidance Due to Charges
A. O. Smith Corp. (AOS) said due to flood related charges it expects 2010 earnings of $3.05 to $3.25 per share. The company’s previous guidance was earnings of $3.20 to $3.40 per share and the current consensus earnings estimate is $3.57 per share for the year ending December 31, 2010.

ConAgra Foods Guides Below Estimates
ConAgra Foods Inc. (CAG) said it expects 2011 earnings of $1.88 to $1.91 per share. The current consensus earnings estimate is $1.92 per share for the year ending May 31, 2011.

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