Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

RELATED NEWS
Trade CLGX now with 

CoreLogic Inc. (CLGX: Quote) 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.

Click here to receive FREE breaking news email alerts for CoreLogic Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Less than a month after resigning from Congress, former House Majority Leader Eric Cantor, R-Virg., has made the move from Washington to Wall Street by joining boutique investment bank Moelis & Co. A statement from Moelis said Cantor will serve as Vice Chairman and Managing Director and also be elected to the company's Board of Directors. Stocks continue to show a lack of direction in mid-day trading on Tuesday following the long, holiday weekend. Even with the lackluster performance, the markets are largely holding on to the bulk of their recent gains. After reporting an unexpected drop in U.S. construction spending in the previous month, the Commerce Department released a report on Tuesday showing that construction spending rebounded by more than expected in the month of July.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.