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Interesting Stocks To Watch On August 10

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Gaming company Bally Technologies, Inc. (BYI) issued upbeat profit outlook for fiscal 2013. The company expects to earn $2.95 to $3.30 per share for fiscal 2013. The mid-point of the guidance is 2 cents above the consensus estimate of $3.11.

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Graphic chip maker Nvidia Corp. (NVDA) issued upbeat revenue outlook for the third quarter. The company sees third-quarter revenue of $1.15 billion to $1.25 billion vs. consensus $1.09 billion.

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SS&C Technologies Holdings, Inc.(SSNC), which provides software products and services to financial services providers, guided Q3 revenues and raised FY12 revenue target above consensus.

Sees Q3 adjusted revenues of $166 million to $170 million. Consensus $159.19 million.

Raises FY12 revenue expectations to $554 million to $562.5 million from $392 million to $400 million, previously. Consensus $526 million.

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Air Lease Corp. (AL), engaged in the leasing of commercial aircraft to airlines worldwide, said its second-quarter profit nearly quadrupled, as revenues more than doubled from last year.

Net profit rose to $28.17 million or $0.28 per share, from year-ago $7.02 million or $0.08 per share. Consensus $0.26.

Adjusted income for the quarter rose to $36.71 million from $19.46 million last year.

Revenues grew 113% to $158.17 million from $74.34 million last year. Consensus revenue estimate - $150.78 million.

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Regulated water company Connecticut Water Service, Inc. (CTWS) posted upbeat second-quarter earnings and revenues.

Q2 revenues increased to $24.49 million from $18.82 million last year.

Q2 Net Income Applicable to Common Shareholders rose to $4.15 million or $0.47 per share from $3.46 million or $0.40 per share last year; Consensus $0.41.

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Data center server and storage technology vendor Fusion-IO (FIO) issued upbeat views for Q1-13 and FY13.

- Sees Q1 revenues "increasing modestly" from Q4 level of $106.6 million. Consensus $104.4 million.

- Sees full-year revenue rising by 45% to 50%. Consensus calls for just 37% growth.

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