Guidance

Omnivision Technologies (NASDAQ: OVTI) reports Q2 EPS of $0.27, ex-items, 11 cents better than the analyst estimate of $0.16. Revenue for the quarter was $183.3 million, which compares to the estimate of $163.74 million.

Sees Q3 sales of $145-$160 million and adj-EPS of $0.14-$0.24. The Street is currently looking for Q3 sales and EPS of $168.56 million and $0.20, respectively.

Guess? Inc. (NYSE: GES) beat the analyst estimates by a wide margin, and even though comparable store sales were down, it seems the company is seeing a loosening of the purse strings in a recovering economy.

"Through it all, we have remained true to our brand and focused on our customer, always delivering outstanding product and improving our service in our stores," Paul Marciano, CEO of Guess? said. "We strongly believe that we are well positioned to achieve our objectives for growth and profitability."

The company reported third-quarter earnings of 69 cents per share, 18 cents better than the market consensus of 51 cents per share. Revenue for the third quarter was $522.8 million, ahead of the analyst forecast of $482.57 million, but down 1 percent from last year.

Comparable store sales were down by 3.4 percent for stores that have been open at least one year.

Guess? now sees fourth-quarter earnings at 77 to 80 cents per share, versus the consensus of 69 cents per share. Sales are also being guided ahead of analyst outlooks, as the company sees sales at $585 to $605 million, compared to the market estimate of $563.79 million in the fourth quarter.

For the year, Guess? sees EPS of $2.45 to $2.48 and revenues of $2.07 billion to $2.09 billion. This compares to the consensus of $2.19n and $2.01 billion, respectively.

The company also announced today that its Board of Directors has approved a quarterly cash dividend of 12.5 cents per share on the Company's common stock. The dividend will be payable on December 31, 2009 to shareholders of record at the close of business on December 16, 2009.

Shares for the clothing company are up 6.61 percent after the market close to $39.50.

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Altera Corporation (NASDAQ: ALTR) now expects sales for Q4 to be 15-18% above Q3 levels. Previous guidance was for sales growth of 6-10%.

The company expects all four of its vertical markets to be up sequentially in the fourth quarter reflecting a strong new product cycle as well as improving end market trends and customer desire for appropriate inventory to support sales levels. Sales to wireline and wireless telecommunications equipment manufacturers will likely be the largest contributor to fourth quarter growth as demand for Chinese and Indian deployments has continued to improve.

The company will announce fourth quarter results after the market close on January 26, 2010.

Guess? Inc. (NYSE: GES) reports Q3 EPS of $0.69, versus the analyst estimate of $0.51. Revenue for the quarter was $522.8 million, which compares to the estimate of $482.57 million.

Comps down 3.4%.

Sees Q4 EPS of $0.77-$0.80, versus the consensus of $0.69. Sales are expected to be $585-$605 million, versus the consensus of $563.79 million.

The Company also announced today that its Board of Directors has approved a quarterly cash dividend of $0.125 per share on the Company's common stock. The dividend will be payable on December 31, 2009 to shareholders of record at the close of business on December 16, 2009.

On November 30 and December 1, 2009, OGE Energy Corp. (NYSE: OGE) is scheduled to make a financial presentation with certain investors to discuss, among other things, the Company’s corporate strategy, OG&E overview and regulatory plan, Enogex overview and reaffirming the Company’s 2009 and 2010 earnings guidance.

The Company’s 2009 earnings guidance remains unchanged at $2.30 to $2.60 per average diluted share. The Company currently projects 2009 earnings to be towards the middle of the range. The key factors and assumptions underlying 2009 earnings guidance are discussed in the Company’s Form 10-Q for the quarter ended June 30, 2009. The Company’s 2010 earnings guidance is between approximately $265 million and $290 million of net income, or $2.70 to $2.95 per average diluted share. The key factors and assumptions underlying 2010 earnings guidance are discussed in the Company’s Form 10-Q for the quarter ended September 30, 2009.