JDA Software (JDAS) Slammed on Guidance and Downgrade
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Price: $45.18 --0%
Rating Summary:
2 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
Rating Summary:
2 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 2
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Shares of JDA Software (Nasdaq: JDAS) are getting clobbered, currently down over 12%.
Yesterday, after the close, JDAS announced preliminary Q4 results, which were below expectations. On the revenue side, the company sees quarterly results of approx. $173 million vs. the street consensus of $180.84 million. For the full-year, JDAS sees $670 million vs. the street consensus of $678.43 million.
JDAS also guided for FY11 EPS between $2.00-2.20 vs. street consensus of $2.22.
This morning, JMP Securities downgraded the shared from Outperform to Market Perform
Yesterday, after the close, JDAS announced preliminary Q4 results, which were below expectations. On the revenue side, the company sees quarterly results of approx. $173 million vs. the street consensus of $180.84 million. For the full-year, JDAS sees $670 million vs. the street consensus of $678.43 million.
JDAS also guided for FY11 EPS between $2.00-2.20 vs. street consensus of $2.22.
This morning, JMP Securities downgraded the shared from Outperform to Market Perform
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