Earnings per share

Expeditors Issues Earnings Guidance

Friday, January 17, 2020 - 11:45am

Estimated diluted net earnings per share has been calculated using the Companys effective tax rate of 25.6% for the first nine months of 2019.

Key Points: 
  • Estimated diluted net earnings per share has been calculated using the Companys effective tax rate of 25.6% for the first nine months of 2019.
  • We recognize that our revenue and earnings will be below prior-year results and analyst consensus estimates, said Jeffrey S. Musser, President and Chief Executive Officer.
  • Expeditors expects to report final fourth quarter 2019 financial results on Tuesday, February 18, 2020.
  • These amounts could differ from actual reported amounts stated in Expeditors Annual Report on Form 10-K for our year ended December 31, 2019, which Expeditors expects to file on February 21, 2020.

Washington Federal Announces Quarterly Earnings Per Share Of $0.84

Wednesday, January 15, 2020 - 12:00am

Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank, N.A.

Key Points: 
  • Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank, N.A.
  • ("WaFd Bank"), today announced quarterly earnings of $65,703,000 or $0.84 per diluted share for the quarter ended December 31, 2019, compared to $52,942,000 or $0.65 per diluted share for the quarter ended December 31, 2018, a $0.19 or 29% increase in fully diluted earnings per share.
  • President and Chief Executive Officer Brent J. Beardall commented, We are pleased to start our fiscal year with record net income and earnings per share.
  • Many property owners in Washington accelerated transactions into 2019 to avoid higher state excise taxes that took effect on January 1, 2020.

Danaher CEO To Comment On Financial Performance

Monday, January 13, 2020 - 9:15pm

Mr. Joyce will communicate that fourth quarter 2019 core revenue growth is expected to be above the Company's previously announced guidance, driven by better performance in its Life Sciences and Diagnostics segments.

Key Points: 
  • Mr. Joyce will communicate that fourth quarter 2019 core revenue growth is expected to be above the Company's previously announced guidance, driven by better performance in its Life Sciences and Diagnostics segments.
  • Mr. Joyce will also comment that adjusted diluted net earnings per share is expected to be at or above the high-end of the Company's previously announced guidance.
  • As previously announced, Danaher will hold its quarterly earnings conference call for the fourth quarter and year-end 2019 on Thursday, January 30, 2020 at 8:00 a.m.
  • Danaher is a global science and technology innovator committed to helping its customers solve complex challenges and improving quality of life around the world.

lululemon athletica inc. Updates Guidance for the Fourth Quarter of Fiscal 2019 Ahead of the ICR Conference

Monday, January 13, 2020 - 11:00am

lululemon athletica inc. (NASDAQ:LULU) today announced that the Company is updating its net revenue and earnings guidance for the fourth quarter of fiscal 2019 ending February 2, 2020.

Key Points: 
  • lululemon athletica inc. (NASDAQ:LULU) today announced that the Company is updating its net revenue and earnings guidance for the fourth quarter of fiscal 2019 ending February 2, 2020.
  • The connection we have with our guests remains strong, and I want to thank our teams across the globe for their hard work and dedication throughout 2019."
  • We now expect diluted earnings per share will be in the range of $2.22 to $2.25 for the fourth quarter.
  • Our revised guidance for the fourth quarter continues to assume 131 million diluted weighted-average shares outstanding and a 28.5% tax rate.

Noront Resources Announces Issuance of Interest Shares

Friday, January 10, 2020 - 10:05pm

TORONTO, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (Noront) (TSX Venture: NOT) announces that payment of interest in the amount of $391,668 for the fourth quarter of 2019 pursuant to a loan agreement entered into between Noront and Resource Capital Funds V L.P. (RCF) dated February 26, 2013 (the "Loan Agreement") has been satisfied by delivery of 2,598,991 common shares of the Company (the Interest Shares) at an effective price of $0.1507 per Interest Share.

Key Points: 
  • TORONTO, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (Noront) (TSX Venture: NOT) announces that payment of interest in the amount of $391,668 for the fourth quarter of 2019 pursuant to a loan agreement entered into between Noront and Resource Capital Funds V L.P. (RCF) dated February 26, 2013 (the "Loan Agreement") has been satisfied by delivery of 2,598,991 common shares of the Company (the Interest Shares) at an effective price of $0.1507 per Interest Share.
  • The Interest Shares were delivered on January 10, 2020 subject to a four month hold period, expiring on May 11, 2020.
  • The calculation of the number of Interest Shares issued was based on the volume weighted average trading price of the common shares of the Company during the 20 trading days prior to December 30, 2019.
  • After giving effect to the issuance of the Interest Shares, there are 409,658,719 common shares of the Company issued and outstanding.

PVH Corp. Updates 2019 Fourth Quarter and Full Year Earnings Outlook in Connection With Announcement of the Sale of Its Speedo North America Business

Thursday, January 9, 2020 - 2:10pm

The Company currently projects earnings per share on a GAAP basis for the fourth quarter 2019 will be approximately $(0.20).

Key Points: 
  • The Company currently projects earnings per share on a GAAP basis for the fourth quarter 2019 will be approximately $(0.20).
  • The Company currently projects earnings per share on a GAAP basis for the full year 2019 will be approximately $6.32.
  • The Company's prior guidance for earnings per share on a GAAP basis was $1.56 to $1.58 for the fourth quarter 2019 and $8.04 to $8.06 for the full year 2019.
  • Pre-tax costs of $6 million incurred in the first quarter of 2019 in connection with the refinancing of the Companys senior credit facilities.

Kohl's Corporation Reports November/December Sales and Affirms 2019 Diluted Earnings Per Share Guidance

Thursday, January 9, 2020 - 12:00pm

We are managing the business with discipline and we expect to deliver on our earnings guidance for the full year, said Michelle Gass, Kohls chief executive officer.

Key Points: 
  • We are managing the business with discipline and we expect to deliver on our earnings guidance for the full year, said Michelle Gass, Kohls chief executive officer.
  • Based on the Holiday period sales performance, the Company now expects its fiscal 2019 diluted earnings per share to be at the low end of its previously announced guidance range of $4.75 to $4.95.
  • This guidance excludes $0.22 per diluted share related to the extinguishment of debt and impairments, store closing and other costs recognized in the first nine months of 2019.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including 2019 earnings guidance.

Chase Corporation Announces First Quarter Results - Revenue of $66.8 Million - Earnings Per Share Of $0.77

Wednesday, January 8, 2020 - 9:21pm

Chase Corporation, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world.

Key Points: 
  • Chase Corporation, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world.
  • The Company has used non-GAAP financial measures in this press release.
  • Adjusted net income, Adjusted diluted EPS, EBITDA, Adjusted EBITDA and Free cash flow are non-GAAP financial measures.
  • Non-GAAP financial measures should be considered in addition to, and not as an alternative to, the Companys reported results prepared in accordance with GAAP.

MSC Reports Fiscal 2020 First Quarter Results

Wednesday, January 8, 2020 - 11:30am

The Company expects net sales for the second quarter of fiscal 2020 to be between $781 million and $798 million.

Key Points: 
  • The Company expects net sales for the second quarter of fiscal 2020 to be between $781 million and $798 million.
  • The Company expects diluted earnings per share for the second quarter of fiscal 2020 to be between $0.97 and $1.03.
  • MSC will host a conference call today at 8:30 a.m. EST to review the Company's fiscal 2020 first quarter results.
  • The Company's reporting date for fiscal 2020 second quarter results is scheduled for April 8, 2020.

PolyOne Raises Outlook for Fourth Quarter 2019 Adjusted Earnings

Thursday, December 19, 2019 - 6:02am

CLEVELAND, Dec. 19, 2019 /PRNewswire/ -- PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and solutions, today provided an update to its fourth quarter 2019 performance outlook.

Key Points: 
  • CLEVELAND, Dec. 19, 2019 /PRNewswire/ -- PolyOne Corporation (NYSE: POL), a leading global provider of specialized polymer materials, services and solutions, today provided an update to its fourth quarter 2019 performance outlook.
  • The materials presented will reflect PolyOne's updated adjusted earnings per share (EPS) outlook for the fourth quarter and full year 2019.
  • For the fourth quarter 2019, the company expects adjusted earnings per share of $0.30, a 25% increase over the prior year.
  • On its third quarter 2019 earnings conference call, the company said it expected fourth quarter adjusted earnings to be up about 10%.