Engineering services provider Exponent Inc. (EXPO) 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) 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) 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) 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) 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) 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) 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.
by RTT Staff Writer
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