Lawson Software (LWSN) showed some strength in Thursday’s after hours trading after it reaffirmed its fourth quarter revenue and non-GAAP earnings guidance of $196 million to $200 million in revenues and 10-12 cents per share in earnings. Analysts estimate earnings of 11 cents per share on revenues of $198.98 million. The company updated its GAAP earnings guidance for the quarter to include an estimated impact of foreign exchange rates through May 16th.
Bunge Ltd. (BG) is expected to see some buying interest after it announced that it has successfully completed its previously announced sale of its Brazilian fertilizer nutrients assets in Brazil to Vale S.A (VALE). The company noted that net proceeds of the transaction are about $3.5 billion.
Guess?, Inc. (GES) receded sharply in Thursday’s after hours session after the company forecast second quarter revenues of $560 million to $575 million and earnings of 65-68 cents per share. The guidance trailed the Street expectations, which called for earnings of 78 cents per share on revenues of $592.05 million. For the full year, the company expects net revenues of $2.35 billion to $2.4 billion and earnings of $2.80-$2.85 per share. The company also reported first quarter net earnings of 54 cents per share compared to 35 cents per share last year. The recent quarter’s results included 4 cents per share in charges. Net revenues rose 22% to $539.3 million. Analysts estimated earnings of 49 cents per share on revenues of $507.19 million.
Blue Coat Systems (BCSI) may also be in focus after it reported that its fourth quarter net revenues rose 17% to $132.6 million. On a non-GAAP basis, the company reported net income of 40 cents per share compared to 19 cents per share last year. The consensus estimates called for earnings of 40 cents per share on revenues of $132.67 million. For the first quarter, the company expects non-GAAP earnings of 35-40 cents per share on revenues of $121 million to $126 million. The Street estimates earnings of 40 cents per share on revenues of $132.10 million.
Novell (NOVL) may also be in focus after it reported that its second quarter net revenues fell to $204 million from the year-ago’s $216 million. On a non-GAAP basis, the company earned 7 cents per share compared to 8 cents per share in the year-ago period. Analysts estimated earnings of 7 cents per share on revenues of $204.85 million. For the third quarter, the company expects revenues of $205 million to $210 million, while analysts estimate revenues of $210.1 million.
J. Crew Group (JCG) is likely to be react to its announcement that its first quarter revenues rose 20% to $413.9 million. The company’s net income rose to 68 cents per share from 32 cents per share last year. Analysts estimated earnings of 57 cents per share on revenues of $394.24 million. The company upwardly revised its 2010 earnings per share estimate to $2.35-$2.45 from its earlier estimate of $2.20-$2.30 per share, while it expects second quarter earnings of 40-45 cents per share. Analysts expect full year earnings of $2.34 per share and second quarter earnings of 44 cents per share.
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Lawson Software (LWSN) showed some strength in Thursday’s after hours trading after it reaffirmed its fourth quarter revenue and non-GAAP earnings guidance of $196 million to $200 million in revenues and 10-12 cents per share in earnings. Analysts estimate earnings of 11 cents per share on revenues of $198.98 million. The company updated its GAAP earnings guidance for the quarter to include an estimated impact of foreign exchange rates through May 16th.
Bunge Ltd. (BG) is expected to see some buying interest after it announced that it has successfully completed its previously announced sale of its Brazilian fertilizer nutrients assets in Brazil to Vale S.A (VALE). The company noted that net proceeds of the transaction are about $3.5 billion.
Guess?, Inc. (GES) receded sharply in Thursday’s after hours session after the company forecast second quarter revenues of $560 million to $575 million and earnings of 65-68 cents per share. The guidance trailed the Street expectations, which called for earnings of 78 cents per share on revenues of $592.05 million. For the full year, the company expects net revenues of $2.35 billion to $2.4 billion and earnings of $2.80-$2.85 per share. The company also reported first quarter net earnings of 54 cents per share compared to 35 cents per share last year. The recent quarter’s results included 4 cents per share in charges. Net revenues rose 22% to $539.3 million. Analysts estimated earnings of 49 cents per share on revenues of $507.19 million.
Blue Coat Systems (BCSI) may also be in focus after it reported that its fourth quarter net revenues rose 17% to $132.6 million. On a non-GAAP basis, the company reported net income of 40 cents per share compared to 19 cents per share last year. The consensus estimates called for earnings of 40 cents per share on revenues of $132.67 million. For the first quarter, the company expects non-GAAP earnings of 35-40 cents per share on revenues of $121 million to $126 million. The Street estimates earnings of 40 cents per share on revenues of $132.10 million.
Novell (NOVL) may also be in focus after it reported that its second quarter net revenues fell to $204 million from the year-ago’s $216 million. On a non-GAAP basis, the company earned 7 cents per share compared to 8 cents per share in the year-ago period. Analysts estimated earnings of 7 cents per share on revenues of $204.85 million. For the third quarter, the company expects revenues of $205 million to $210 million, while analysts estimate revenues of $210.1 million.
J. Crew Group (JCG) is likely to be react to its announcement that its first quarter revenues rose 20% to $413.9 million. The company’s net income rose to 68 cents per share from 32 cents per share last year. Analysts estimated earnings of 57 cents per share on revenues of $394.24 million. The company upwardly revised its 2010 earnings per share estimate to $2.35-$2.45 from its earlier estimate of $2.20-$2.30 per share, while it expects second quarter earnings of 40-45 cents per share. Analysts expect full year earnings of $2.34 per share and second quarter earnings of 44 cents per share.
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