Engineering services provider Exponent Inc. (EXPO: Quote) again raised revenue guidance for fiscal 2012, now expecting growth in revenue before reimbursements to be in the high single digits. Analysts are looking for 6.6% revenue growth. In the year-ago period, the company reported revenues of $246.7 million.
Previous guidance in mid July, Exponent announced that for fiscal 2012, it is increasing outlook for growth in revenue before reimbursements to be in the mid-single digits.
Original guidance in early February - Exponent announced that for fiscal 2012 it expects growth in revenue before reimbursements to be in the low- to mid-single digits.
Contract manufacturing services provider, WSI Industries, Inc. (WSCI: Quote) posted higher quarterly net profit, on a 38% rise in revenues.
Q4 Net income rose 76% to $600,000 or $0.21 per share vs. year-ago $340,000 or $0.12 per share
Q4 Net revenues rose 38% to $9.97 million from $7.22 million last year.
Interior design company Ethan Allen Interiors Inc. (ETH: Quote) posted higher profit, revenues and better margins for the September quarter.
Quarterly Net income rose to $10.1 million or $0.35 per share from year-ago $6.8 million or $0.23 per share.
Adjusted earnings rose to $11.1 million or $0.38 per share from $7.2 million or $0.25 per share last year. Consensus $0.29.
Revenues rose to $187.4 million from $184.9 million last year. Consensus $190.87 million.
Gross margin was 55.6 percent, compared to 52.9 percent last year.
Operating margin rose to 9.6% from 7.4% last year. Excluding items, operating margin rose to 10.4% from 7.4%.
All-terrain vehicles maker Polaris Industries (PII: Quote) raised its full-year forecast for the third time, now expecting FY12 EPS of $4.32 to $4.37 per share, higher than its July forecast of $4.05 to $4.15. Consensus $4.18.
The company expects full-year revenue to rise 19-20% (higher than its July forecast for 14% to 17% growth) Consensus calls for 17.7% revenue growth.
Mid April, Polaris said it expects FY12 EPS of $3.85 to $4.00 per share on 10 to 13% growth in sales.
Late Jan, the company forecast FY12 EPS of $3.65 to $3.80 per share on 5% to 8% growth in sales.
property insurance company Travelers Cos Inc. (TRV: Quote) posted record operating income for the the third quarter, thanks to lower catastrophe losses and higher underlying underwriting results.
Operating income rose to a record $2.22/share vs. year-ago $0.79/share. Consensus $1.61/share.
Post-tax catastrophe losses in the current quarter were $59 million vs. $394 million last year.
Revenues rose to $6.51 billion from $6.41 billion last year. Consensus $5.79 billion.
Knowledge process outsourcing company Syntel, Inc. (SYNT: Quote) guided FY12 EPS well above estimates and revenues inline.
Sees FY12 EPS of $4.36 to $4.40. Consensus $3.96.
Sees FY12 revenue of $730 to $735 million. Consensus $734.7 million.
Home-building and mortgage banking company NVR Inc. (NVR: Quote) beat revenue and EPS estimates for the third quarter.
Q3 net income of $53 million or $10.33 per share, up from year-ago $43.41 million or $7.98 per share. Consensus $9.49.
Q3 revenues rose to $870.64 million from $707.48 million last year. Consensus $837.68 million.
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by RTT Staff Writer
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