After-Hours Movers 4/7: BBBY, RT, JNPR, WBSN, FFIV Higher; MOS, AA, MU, EFII Lower
Bed Bath & Beyond Inc. (Nasdaq: BBBY) 14% HIGHER; reports Q4 EPS of $0.55, 11 cents better than the analyst estimate of $0.44. Revenue for the quarter was $1.92 billion, versus the consensus of $1.92 billion.
Ruby Tuesday (NYSE: RT) 12.6% HIGHER; reports Q3 EPS of $0.09, versus the analyst estimate of $0.11. Revenue for the quarter was $317.5 million, versus the consensus of $311.07 million. Same store sales fell 6.8% during the quarter. Raises its FY09 same store sales guidance from down 9-10% to 8-9%. Also raises its FY09 GAAP loss guidance from $0.45-$0.55 to $0.40-$0.50. The Street is currently looking for a FY09 EPS of $0.28.
Juniper Networks, Inc. (NASDAQ: JNPR) 9.8% HIGHER; lowers its Q1 sales guidance from $800-$830 million to $760-$765 million, versus the consensus of $794.32 million. Non-GAAP EPS outlook is narrowed from $0.15-$0.17 to $0.16-$0.17, which compares to the Street estimate of $0.17.
Websense, Inc. (Nasdaq: WBSN) 6% HIGHER; reports preliminary Q1 sales in the range of $86-$87 million, versus the consensus of $84.66 million. Non-GAAP EPS should be $0.35-$0.38, which compares to the Street estimate of $0.30. Cash flow from operations is expected to exceed $30 million, compared to $18.9 million in Q108. Also reiterated its FY09 non-GAAP sales outlook of $342-$350 million, versus the consensus of $345.67 million.
The Mosaic Company (NYSE: MOS) 6% LOWER; reports Q3 EPS of $0.13, versus the analyst estimate of $0.24. Revenue for the quarter was $1.4 billion, versus the consensus of $1.89 billion. Phosphate market appears to have stabilized. Q4 potash sales to remain weak.
F5 Networks Inc. (Nasdaq: FFIV) 4.5% HIGHER; sees second quarter revenue of $154.1 million, below the company’s guidance of $157-$164 million. The Wall Street consensus is $157.2 million. F5 Networks' Non-GAAP EPS is expected to be $0.37-$0.38 per diluted share, within the company’s guided range of $0.36-$0.38 per diluted. The Wall Street consensus is $0.36.
Potash (NYSE: POT) 4% LOWER; sinking on Mosaic's Q1 earnings.
ProLogis (NYSE: PLD) 3% HIGHER; intends to offer 115 million common shares in a registered public offering. The company also plans to grant the underwriters a 30-day option to purchase up to 17.25 million additional shares to cover overallotments, if any. Click here for the full report.
ALCOA Inc (NYSE: AA) 2.4% LOWER; reports Q1 loss of $0.59, 2 cents lower than the analyst estimate of ($0.57). Revenue for the quarter was $4.1 billion, versus the consensus of $4.04 billion. Sees capex cut by 50% in 2010.
Micron Technology, Inc., (NYSE: MU) 2.4% LOWER; intends to offer common stock and convertible senior notes for total aggregate gross proceeds of approximately $450 million. Micron intends to offer, subject to market and other conditions, 55,300,000 shares of common stock in an underwritten registered public offering. In connection with this offering, Micron intends to grant the underwriters an over-allotment option with respect to an additional 8,295,000 shares of common stock. Micron also intends to offer, subject to market and other conditions, $200 million aggregate principal amount of convertible senior notes due October 15, 2013 in a concurrent underwritten registered public offering.
Electronics For Imaging, Inc. (Nasdaq: EFII) INDICATED LOWER; reports preliminary Q1 sales of $95-$96 million, versus the consensus of $116.37 million. Non-GAAP loss for the quarter is expected to be $0.08-$0.10, which compares to the Street estimate which is looking for a gain of $0.04. Click here for the full report.
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