Jabil Circuit Inc, ( JBL), now envisages core earnings of 33 to 37 cents a share in Q3, below its prior estimate of 47 cents a share. Jabil added that core earnings exclude amortization of intangibles, the impact of stock-based compensation, and any charges or other factors. On a GAAP basis, the company guidance is between 26 and 30 cents a share for the quarter. It left intact its outlook for revenue of $2.5 billion to $2.6 billion for the period.
World Wrestling Entertainment Inc, ( WWE), media and entertainment company, reported that Q4 income dropped to 15 cents a share, from 23 cents a year earlier on revenue decline to $114.3 million from $118.3 million in last year''s Q4. The company beat analysts’ forecasts for earnings of 13 cents a share.
Best Buy Co., ( BBY), home electronics retailer, reported net income advanced to 47 cents a share, from 34 cents a share in the year-ago period on 14% sales growth. The company missed analysts, expectations for a profit of 36 cents a share.. The company''s domestic and international segments said same-store sales gained 4.6% and 7.1%, respectively.
Goldman Sachs, ( GS), investment bank, reported Q2 net earnings of $4.78 a share, compared with $1.71 a share in the year-ago period on the strongest quarter in 6 years at its investment banking unit as well as strong trading results in fixed income and equities. The firm added that net revenue totaled $10.10 billion compared to $4.81 billion last year. The company beat analysts expectations for earnings of $4.28 a share. |