Earnings guidance

Keytronic Corporation Announces Preliminary Results for the Second Quarter of Fiscal 2020

Tuesday, January 21, 2020 - 2:01pm

For the second quarter of fiscal 2020, Keytronic expects to report revenue of approximately $117 million, which is on the low end of previous guidance.

Key Points: 
  • For the second quarter of fiscal 2020, Keytronic expects to report revenue of approximately $117 million, which is on the low end of previous guidance.
  • Keytronic also expects to report earnings of approximately $0.08 per share for the quarter, which is below previous guidance.
  • The lower than anticipated earnings for second quarter of fiscal 2020 is primarily a result of increased factory spending in the Companys Juarez metal fabrication departments.
  • The Company plans to report its complete results for the second quarter of fiscal 2020 on February 4, 2020.

California Resources Corporation Announces Its Fourth Quarter and Full Year 2019 Earnings Release and Conference Call

Tuesday, January 21, 2020 - 1:30pm

California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year 2019 financial results conference call on Wednesday, February 26th at 5:00 p.m. EST (2:00 p.m. PST).

Key Points: 
  • California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year 2019 financial results conference call on Wednesday, February 26th at 5:00 p.m. EST (2:00 p.m. PST).
  • The Companys earnings and guidance will be released following the market close on the same date.
  • We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10137361 .
  • California Resources Corporation (CRC) is the largest oil and natural gas exploration and production company in California on a gross-operated basis.

SunCoke Energy, Inc. Announces Fourth Quarter 2019 Earnings Date

Thursday, January 16, 2020 - 11:30pm

LISLE, Ill., Jan. 16, 2020 /PRNewswire/ --SunCoke Energy, Inc. (NYSE: SXC) plans to release its fourth quarter 2019 financial results and 2020 guidance on Wednesday, January 29, 2020, before trading opens on the New York Stock Exchange.

Key Points: 
  • LISLE, Ill., Jan. 16, 2020 /PRNewswire/ --SunCoke Energy, Inc. (NYSE: SXC) plans to release its fourth quarter 2019 financial results and 2020 guidance on Wednesday, January 29, 2020, before trading opens on the New York Stock Exchange.
  • SXC will host its quarterly earnings call at 10:00 am ET on January 29, 2020.
  • The conference call will be webcast live and archived for replay in the Investors sectionof www.suncoke.com .
  • Investors may participate in this call by dialing 1-833-236-5757 in the U.S. or 1-647-689-4185if outside the U.S., confirmation code 6073206.

Nordic American Tankers Ltd. (NYSE:NAT) - Our company is reaping the benefits of the strong tanker market.

Thursday, January 16, 2020 - 11:05am

The above fixtures illustrate the strong start of the first quarter 2020, that is well above the last quarter of 2019, on which we have provided guidance earlier.

Key Points: 
  • The above fixtures illustrate the strong start of the first quarter 2020, that is well above the last quarter of 2019, on which we have provided guidance earlier.
  • It is also good for the tanker market that China and USA seem to be coming to terms on expanding energy cooperation.
  • In summary, the strong tanker market is continuing, far above the numbers for many years.
  • The words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.

Target Reports Holiday Sales and Maintains EPS Guidance

Wednesday, January 15, 2020 - 11:30am

Despite approximately flat comparable sales, Target continued to gain share in Toys during the holiday season, based on data from the NPD Group.

Key Points: 
  • Despite approximately flat comparable sales, Target continued to gain share in Toys during the holiday season, based on data from the NPD Group.
  • The Company is maintaining its previous guidance ranges for fourth quarter GAAP EPS from continuing operations and Adjusted EPS.
  • Brian Cornell, Chairman and Chief Executive Officer of Target Corporation, said, "We faced challenges throughout November and December in key seasonal merchandise categories and our holiday sales did not meet our expectations.
  • The Company is maintaining its fourth quarter and full-year EPS guidance as disclosed in the Company's third quarter earnings press release.

MagnaChip Semiconductor Provides Updated Guidance for Q4 2019 Financial Results

Monday, January 13, 2020 - 9:30pm

SEOUL, South Korea and SAN JOSE, Calif., Jan.13, 2020 /PRNewswire/ --MagnaChip Semiconductor Corporation (NYSE: MX) today provided an update to its previous guidance for the fourth quarter of 2019.

Key Points: 
  • SEOUL, South Korea and SAN JOSE, Calif., Jan.13, 2020 /PRNewswire/ --MagnaChip Semiconductor Corporation (NYSE: MX) today provided an update to its previous guidance for the fourth quarter of 2019.
  • MagnaChip's updated revenue and gross profit margin guidance for the fourth quarter of 2019 is not a comprehensive statement of financial results, and actual figures may vary.
  • MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications.
  • These statements include statements about our future operating and financial performance, including fourth quarter 2019 revenue and gross profit margin expectations.

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.

Cerus Corporation Announces Preliminary Fourth Quarter and Full Year 2019 Product Revenue

Monday, January 13, 2020 - 1:30pm

Cerus Corporation (Nasdaq:CERS) announced today preliminary product revenue for the fourth quarter and full year 2019 and provided 2020 product revenue guidance.

Key Points: 
  • Cerus Corporation (Nasdaq:CERS) announced today preliminary product revenue for the fourth quarter and full year 2019 and provided 2020 product revenue guidance.
  • Based on its fourth quarter unaudited preliminary product revenue, the Company expects full year 2019 product revenue of $74.6 million, at the top end of the Companys most recent 2019 product guidance range of $72 million to $75 million.
  • Preliminary fourth quarter product revenue would represent the highest quarterly product revenue ever reported by Cerus.
  • This press release includes Cerus preliminary product revenue results for the quarter and year ended December 31, 2019.

J.Jill, Inc. Increases Fourth Quarter 2019 Guidance

Monday, January 13, 2020 - 12:30pm

J.Jill, Inc. (NYSE:JILL) today announced that the Company is updating its sales and earnings guidance for the fourth quarter of fiscal 2019 ending February 1, 2020, in advance of managements meetings at the ICR Conference.

Key Points: 
  • J.Jill, Inc. (NYSE:JILL) today announced that the Company is updating its sales and earnings guidance for the fourth quarter of fiscal 2019 ending February 1, 2020, in advance of managements meetings at the ICR Conference.
  • For the fourth quarter of fiscal 2019, the Company now expects total comparable sales to decrease 6% to 8% with total net sales expected to decrease 3% to 5%.
  • This compares to the previous guidance for earnings per share to be a loss of $0.14 to $0.16.
  • Similar to prior guidance, this update for the fourth quarter outlook does not include any costs associated with the CEO transition announced December 5, 2019.

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.