Wolverine World Wide Inc., ( WWW: chart), lifted 2006 earnings and revenue guidance. It now expects 2006 earnings between $1.38 to $1.42 a share, up from $1.34 to $1.40. The company beat analysts expectations for earnings of 23 cents a share.
Infosys Technologies,( INFY: chart), IT company, reported a Q1 profit of 62 cents a share, up from a profit of 43 cents a share a year-ago, beating analyst estimate for earnings of 55 cents a share on 38.7% revenue growth. Infosys expects earnings of 64 to 65 cents a share for Q2 and $2.70 to $2.73 a share for the year.
Ruby Tuesday, ( RI: chart), dining restaurants operator, reported Q4 net income of 53 cents a share, up 22% from the 40 cents of a year ago on 23% revenue growth while same-store sales at company-owned restaurants rose 2.9%. The company beat analysts’ estimate for earnings of 51 cents a share.
Genentech Inc, ( DNA: chart), biotechnology company, reported Q2 net earnings of 49 cents a share, up from 27 cents a share in the year-ago period. Operating revenue advanced to $2.2 billion from $1.53 billion. If not for one-time items, Genentech per-share profit amounted to 56 cents vs. 30 cents in Q2 of 2005. The company topped analysts views for earnings of 47 cents a share.
Gannett Inc,( GCI: chart), newspaper publisher, reported a Q2 net income of $1.31 a share, down from $1.37 a share despite revenue growth to $2.03 billion from $1.91 billion, matching analysts expectations earnings of $1.31 a share on revenue of $2.02 billion. |