Computer Task Group (CTGX) Tops Q3 EPS By 1c; Issues Mixed Guidance for Q4 and FY
CTGX Hot Sheet
EPS Growth %: +17.6%Financial Fact:
Revenue: 103.37M
Today's EPS Names:
TARO, BRLI, TLB, More
Computer Task Group (NASDAQ: CTGX) reports Q3 EPS of $0.10, 1 cent better than the analyst estimate of $0.09. Revenue for the quarter was $66.8 million, which compares to the estimate of $67 million.
Based on the Company's current business activity and pipeline, CTG expects its 2009 fourth quarter revenue to range from $67 million to $69 million, an 18% decrease from 2008 at the midpoint of this range. (consensus is $71.50M)
The Company projects 2009 fourth quarter net income per diluted share of $0.09 to $0.11, a 33% decrease from 2008 at the midpoint of this range and a 17% decrease when the 2008 fourth quarter currency exchange gain of $0.03 is excluded. (Consensus is $0.09)
The Company's current revenue forecast for the full year ranges from $275 million to $277 million, a 22% decrease from 2008 at the midpoint of this range. CTG currently projects 2009 net income per diluted share of $0.37 to $0.39, a 22% decrease from 2008 at the midpoint of this range. (Consensus is $279.64M and $0.36)
Based on the Company's current business activity and pipeline, CTG expects its 2009 fourth quarter revenue to range from $67 million to $69 million, an 18% decrease from 2008 at the midpoint of this range. (consensus is $71.50M)
The Company projects 2009 fourth quarter net income per diluted share of $0.09 to $0.11, a 33% decrease from 2008 at the midpoint of this range and a 17% decrease when the 2008 fourth quarter currency exchange gain of $0.03 is excluded. (Consensus is $0.09)
The Company's current revenue forecast for the full year ranges from $275 million to $277 million, a 22% decrease from 2008 at the midpoint of this range. CTG currently projects 2009 net income per diluted share of $0.37 to $0.39, a 22% decrease from 2008 at the midpoint of this range. (Consensus is $279.64M and $0.36)
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