Earnings: Adobe, Darden, Ebay, Cintas

Providence Service Guides Higher
Providence Service Corp (PRSC) said it expects third quarter earnings of $0.20 to $0.22 per share on revenue of $211.0 million to $215.0 million. The current consensus earnings estimate is $0.06 per share on revenue of $214.9 million for the quarter ending September 30, 2010. The company also said it now expects 2010 earnings of $1.71 to $1.75 per share and revenue to be at the high-end of its previous range of $870.0 million to $900.0 million. The current consensus earnings estimate is $1.59 per share on revenue of $875.9 million for the year ending December 31, 2010.

Cintas Raises Earnings Guidance
Cintas Corp. (CTAS) said it now expects fiscal 2011 earnings of $1.50 to $1.58 per share and continues to expect revenue of $3.55 billion to $3.75 billion. The company’s previous guidance was earnings of $1.50 to $1.58 per share and the current consensus earnings estimate is $1.54 per share on revenue of $3.68 billion for the year ending May 31, 2011.

Atlas Air Worldwide Ups Guidance
Atlas Air Worldwide Holdings, Inc. (AAWW) said it now expects 2010 earnings to exceed $5.30 per share. The company’s previous guidance was for earnings to exceed $4.35 per share and the current consensus earnings estimate is $4.56 per share for the year ending December 31, 2010.

FactSet Research Systems Guides Above Earnings Estimates
FactSet Research Systems, Inc. (FDS) said it expects first quarter earnings of $0.83 to $0.85 per share on revenue of $169.0 million to $174.0 million. The current consensus earnings estimate is $0.81 per share on revenue of $169.0 million for the quarter ending November 30, 2010.

Progress Software Sees 2011 Revenue Above Estimates
Progress Software Corp. (PRGS) said it expects fourth quarter non-GAAP earnings of $0.64 to $0.68 per share on revenue of $139.0 million to $143.0 million. The current consensus earnings estimate is $0.65 per share on revenue of $139.1 million for the quarter ending November 30, 2010. The company said it expects 2011 earnings of $2.50 to $2.60 per share on revenue of $555.0 million to $565.0 million. The current consensus earnings estimate is $2.54 per share on revenue of $546.3 million for the year ending November 30, 2011.

Darden Restaurants Reaffirms
Darden Restaurants, Inc. (DRI) said it continues to expect fiscal 2011 earnings of $3.26 to $3.35 per share. The current consensus earnings estimate is $3.32 per share for the year ending May 31, 2011.

eBay Guides to High-end of Previous Range
eBay, Inc. (EBAY) said it expects third quarter results to be at the high-end of its previous guidance range of earnings of $0.35 to $0.37 per share and revenue of $2.13 billion to $2.18 billion. The current consensus earnings estimate is $0.37 per share on revenue of $2.18 billion for the quarter ending September 30, 2010.

Adobe Systems Guides Revenue Below Estimates
Adobe Systems, Inc. (ADBE) said it expects fourth quarter earnings of $0.48 to $0.54 per share on revenue of $950.0 million to $1.00 billion. The current consensus estimate is earnings of $0.53 per share on revenue of $1.03 billion.

Textron Reaffirms Above Estimates
Textron, Inc. (TXT) said it continues to expect 2010 earnings of $0.55 to $0.65 per share. The current consensus earnings estimate is $0.44 per share for the year ending December 31, 2010.

Davita Guides In-line
Davita Inc. (DVA) said it expects third quarter earnings of $1.11 to $1.14 per share. The current consensus earnings estimate is $1.13 per share for the quarter ending September 30, 2010.

PMC-Sierra Guides Lower
PMC-Sierra, Inc. (PMCS) said it now expects third quarter revenue of $161.0 million to $163.0 million. The company’s previous guidance was revenue of $169.0 million to $177.0 million and the current consensus estimate is revenue of $173.5 million for the quarter ending September 30, 2010.

Skyworks Solutions Raises Guidance
Skyworks Solutions, Inc. (SWKS) said it expects fourth quarter earnings of approximately $0.40 per share on revenue of approximately $310.0 million. The company’s previous guidance was earnings of approximately $0.37 per share on revenue of $300.0 million and the current consensus earnings estimate is $0.37 per share on revenue of $299.2 million for the quarter ending September 30, 2010.

ConAgra Foods Lowers Guidance
ConAgra Foods, Inc. (CAG) said it now expects fiscal 2011 earnings of $1.83 to $1.87 per share. The company’s previous guidance was earnings of $1.88 to $1.91 per share and the current consensus earnings estimate is $1.90 per share for the year ending May 31, 2011.

Volcano Lowers Earnings Guidance
Volcano Corp. (VOLC) said it now expects 2010 earnings of $0.02 to $0.04 per share and continues to expect revenue of $286.0 million to $290.0 million. The comnpany’s previous guidance was earnings of $0.05 to $0.10 per share and the current consensus earnings estimate is $0.11 per share on revenue of $290.4 million for the year ending December 31, 2010.

Exar Guides Below Estimates
Exar Corp. (EXAR) said it expects second quarter revenue of $36.0 million to $36.5 million. The current consensus estimate is revenue of $41.3 million for the quarter ending September 30, 2010.