Intel Beats Estimates, Yum Brands Below Estimates

Intel Guides Above Estimates
Intel Corp. (INTC) said it expects third quarter revenue of $11.2 billion to $12.0 billion. The current consensus estimate is revenue of $10.92 billion for the quarter ending September 30, 2010.

KLA-Tencor Raises Expectations
KLA-Tencor Corp. (KLAC) said during its Analyst Briefing that it now expects earnings to be above its previous guidance range of $0.54 to $0.62 per share. The current consensus earnings estimate is $0.59 per share for the quarter ending June 30, 2010.

Tyco Electronics Guides Above Estimates
Tyco Electronics Ltd. (TEL) said it expects third quarter earnings of approximately $0.70 per share on revenue of approximately $3.1 billion. The company’s previous guidance was earnings of $0.61 to $0.65 per share on revenue of $3.0 billion to $3.1 billion and the current consensus earnings estimate is $0.63 per share on revenue of $3.05 billion for the quarter ending June 30, 2010.

Cerner Guides Higher
Cerner Corp. (CERN) said it expects second quarter results to be above its previous guidance range for earnings of $0.64 to $0.69 per share on revenue of $440.0 million to $455.0 million. The current consensus earnings estimate is $0.64 per share on revenue of $449.4 million for the quarter ending June 30, 2010.

California Pizza Kitchen Raises Guidance
California Pizza Kitchen, Inc. (CPKI) said it now expects second quarter earnings of $0.15 to $0.17 per share. The company’s previous guidance was earnings of $0.10 to $0.15 per share and the current consensus earnings estimate is $0.13 per share for the quarter ending June 30, 2010. The company’s initial guidance for the quarter was earnings of $0.24 to $0.26 per share.

LHC Group Reaffirms
LHC Group (LHCG) said it continues to expect 2010 earnings of $2.75 to $2.85 per share on revenue of $615.0 million to $625.0 million. The current consensus earnings estimate is $2.80 per share on revenue of $622.0 million for the year ending December 31, 2010.

Yum! Brands Raises Guidance, but Remains Below Estimates
Yum! Brands, Inc. (YUM) said it expects 2010 earnings of approximately $2.43 per share. The company’s previous guidance was for earnings of at least $2.39 per share and the current consensus earnings estimate is $2.48 per share for the year ending December 31, 2010.

Infosys Technologies Raises Guidance, but Earnings Remain In-line with Estimates
Infosys Technologies Ltd. (INFY) said it expects second quarter earnings of $0.59 to $0.61 per share on revenue of $1.41 billion to $1.43 billion. The current consensus earnings estimate is $0.60 per share on revenue of $1.38 billion for the quarter ending September 30, 2010. The company said it expects fiscal 2011 earnings of $2.42 to $2.52 per share on revenue of $5.72 billion to $5.81 billion. The company’s previous guidance was earnings of $2.40 to $2.50 per share on revenue of $5.57 billion to $5.67 billion and the current consensus earnings estimate is $2.51 per share on revenue of $5.69 billion for the year ending March 31, 2011.