logo
Share SHARE
FONT-SIZE Plus   Neg

CoreLogic Sees Q4, FY11 Results To Exceed High End Of Prior Guidance

CoreLogic Inc. (CLGX) said that it expects fourth-quarter and full-year results to exceed high end of prior adjusted revenue, and adjusted earnings per share guidance.

Previously, the company had expected fiscal year 2011 adjusted earnings to be in the range of $0.75-$0.80 per share and adjusted revenues of $1.350 billion - $1.370 billion. Analysts polled by Thomson Reuters expect the company to report earnings of $0.74 per share on revenues of $1.47 billion for fiscal 2011. Analysts' estimates typically exclude special items.

Looking ahead for full-year 2012, the company expects adjusted earnings to be in the range of $0.95 - $1.05, and adjusted revenue of $1.425 billion - $1.475 billion. Analysts expect the company to report earnings of $0.87 per share on revenues of $1.44 billion for fiscal 2012.

CoreLogic expects to report its fourth quarter and full-year results after the market close on February 27, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Data storage firm NetApp Inc. (NTAP) Monday said Chief Executive Officer and Chairman Tom Georgens has stepped down. The company has appointed George Kurian, executive vice-president of product operations, as the new CEO. Georgens' resignation comes just couple of weeks after NetApp reported a fourth-quarter... Apparel maker PVH Corp. said Monday after the markets closed that its first quarter profit rose sharply from last year, when results were weighed down by debt modification and extinguishment costs. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. Walt Disney said its Chief Financial Officer James Rasulo will step down effective June 30, after five years in that position.
comments powered by Disqus
Follow RTT