Earnings Release: State Street Shines, Family Dollar Below Estimates

Tractor Supply Ups Guidance
Tractor Supply Company (TSCO) said it expects 2010 earnings of $4.00 to $4.10 per share on revenue of $3.49 billion to $3.53 billion. The company’s previous guidance was earnings of $3.48 to $3.60 per share on revenue of $3.44 billion to $3.50 billion and the current consensus earnings estimate is $3.72 per share on revenue of $3.52 billion for the year ending December 31, 2010.

State Street Sees Earnings Above Estimates
State Street Corp. (STT) said it expects second quarter operating earnings of approximately $0.93 per share, which excludes a one-time charge and benefits, on revenue of approximately $2.20 billion. The current consensus earnings estimate is $0.72 per share on revenue of $2.21 billion for the quarter ending June 30, 2010.

WD-40 Raises Guidance to be In-line with Estimates
WD-40 Co. (WDFC) said it now expects 2010 earnings of $2.05 to $2.14 per share on revenue of $313.0 million to $319.0 million. The company’s previous guidance was earnings of $1.92 to $2.01 per share on revenue of $308.0 million to $321.0 million and the current consensus earnings estimate is $2.05 per share on revenue of $317.3 million for the year ending August 31, 2010.

Himax Technologies Lowers Revenue Guidance
Himax Technologies Inc. (HIMX) said it continues to expect second quarter GAAP earnings of $0.06 to $0.08 per share but now expects revenue of approximately $187.8 million. The company’s previous guidance was for revenue of $193.1 million to $201.8 million and the current consensus earnings estimate is $0.06 per share on revenue of $196.5 million for the quarter ending June 30, 2010.

Affymetrix Warns
Affymetrix, Inc. (AFFX) said it expects second quarter revenue of $71.0 million to $72.0 million. The company’s previous guidance was for revenue of $80.0 million to $82.0 million and the current consensus estimate is for revenue of $82.2 million for the quarter ending June 30, 2010.

Family Dollar Stores Guides Below Estimates
Family Dollar Stores, Inc. (FDO) said it expects fourth quarter earnings of $0.46 to $0.51 per share. The current consensus earnings estimate is $0.53 per share for the quarter ending August 31, 2010.