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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Johnny Canuck who wrote (36525)3/22/2002 12:00:59 AM
From: Return to Sender  Read Replies (2) of 68046
 
JBL upped earnings estimates while guiding down revenue projections. From Briefing.com:

16:48 ET Jabil Circuit tops estimates; updates guidance (JBL) 20.76 -0.34: Reports Q2 (Feb) earnings of $0.08 per share, $0.01 better than the Multex consensus of $0.07; revenues fell 31.5% year/year to $822.0 mln vs the $810.8 mln consensus; sees Q3 revenues in the range of $825-$855 mln versus the current consensus estimate of $878.8 mln; sees Q3 earnings in the range of $0.11-$0.13 per share versus the current consensus estimate of $0.11 per share.

On IDTI: 28-Feb-02
16:46 ET Integrated Device (IDTI) 25.57 -1.53: -- Update -- On call, says bookings business continues to run above plan with business conditions in Europe being stronger than expected; notes strength in other geographies is offsetting below plan business in Japan... previously had said it would need turns business of $28 mln in OEM/CEM segment to achieve flat revenue; as of today, says that target has been met and that its best estimate is that its turns business will be $32-34 mln... stands by prior guidance for revenue in distribution channel to be flat on sequential basis... IDTI +0.91 at 26.48

01-Mar-02
08:42 ET Integrated Device upped at CIBC (IDTI) 25.57: CIBC upgrades to BUY from Hold after the co raised fiscal Q4 guidance last night; firm says the co's better than expected bookings environment, near-term upside to rev, and the prospects of building backlog give more confidence in their earnings model. Price target is $30.

Are you are looking for both increased revenue and earnings projections? Thanks for adding ESST.

RtS
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