SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.62+1.9%Feb 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Johnny Canuck who wrote (41038)4/14/2004 5:08:55 AM
From: Johnny Canuck  Read Replies (1) of 70625
 
:52PM Stanley beats on Q1 profit; sees Q2 profit above Street (STLY) by Carolyn Pritchard
SAN FRANCISCO (CBS.MW) -- Stanley Furniture (STLY) posted late Tuesday a first-quarter profit and a second-quarter profit forecast above Wall Street's expectations. The furniture maker said it made $4.6 million, or 71 cents a share, on sales of $70.2 million, vs. $3.5 million, or 52 cents a share, on sales of $61.3 million. Analysts polled by Thomson First Call had beem looking for a per-share profit of 68 cents a share on sales of $69 million. Stanley said it expects to report second-quarter earnings of 65 to 70 cents a share on sales of $67.5 million to $70 million vs. analysts' current expectations of 62 cents a share and revenue of $66 million. For the year, Stanley sees earnings of $2.75 to $2.90 a share on sales of $280 million to $290 million. Analysts are forecasting $2.77 a share on sales of $282 million. Stanley stock ended the regular session up 16 cents at $39 ahead of the announcement

[Harry: Housing market not peaked yet, given guidance.]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext