Tuesday, September 26, 2006

lows, pentair, ethan allen ......

die liste der warning gets munter weiter und läuft parallel mit immer neuen höchstkursen in dow und co.

Ethan Allen Puts Revenue Below Estimates

Furniture maker Ethan Allen projected fiscal first-quarter revenue below Wall Street's targets, citing weakness in consumer confidence.

The company said Monday that it expects revenue of $240 million to $245 million for the September quarter. Analysts polled by Thomson First Call have an average estimate for revenue of $264 million

Pentair lowers outlook due to soft pool equipment market

It expects pool equipment sales for the fourth quarter to come in between $30 million and $60 million below year-ago levels for the fourth quarter. Pentair now sees earnings of 30 to 32 cents a share for the third quarter

The company's previous outlook for the third quarter was for earnings of 46 to 50 cents a share

For the full year, the company now expects earnings from continuing operations of $1.72 to $1.76 a share. Wall Street's current consensus estimate is for earnings of $2.08 a share on the year. Pentair also lowered its free cash flow estimate for 2006 to between $170 million and $180 million from a prior view of $200 million

Lowe's cuts profit view to lower end of forecast

citing near-term pressures on consumers such as a weaker housing market and high energy costs

Last month, Lowe's shares fell after the retailer reported second-quarter earnings that missed Wall Street's outlook. At that time, Lowe's also cut its full-year profit forecast, citing pressure on consumer spending from higher energy prices and a slowing housing market (2nd. warning since august!)

to be continued........



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