(RTTNews) - Following are few of the companies, which issued downbeat projections during the week ended November 6.

On Assignment Inc. - A review

On Assignment Inc. (ASGN), which posted a 79% drop in third-quarter profit Monday, hurt by lower revenue, forecast a tepid outlook for the fourth-quarter.

For the fourth-quarter, the staffing company expects earnings of breakeven to $0.03 per share while analysts are looking for earnings of $0.01 per share. In the year-ago fourth-quarter, On Assignment earned $0.10 per share.

The company forecast fourth-quarter revenue to range between $93 million and $98 million, below the analysts' consensus revenue estimate of $98.79 million. Revenues for the fourth quarter of 2008 were $147.6 million.

ASGN gained more than 9% in the past five days to close Friday's trade at $6.62.

FelCor Lodging Trust Inc. - Under pressure over rates

FelCor Lodging Trust Inc. (FCH), whose third-quarter profit fell more than one-third as revenue per available room slid nearly 18%, also revised down its full-year 2009 outlook.

FelCor is a real estate investment trust and it owns upper-upscale, all-suite hotels. The company owns interests in 87 hotels and resorts, located in 23 states in the U.S. and Canada.

With no widespread improvement in demand trends as yet and the shift of the customer mix continuing to pressure rates, the company slashed its outlook for the year.
For 2009, FelCor now expects net loss to be between $113 million and $111 million, wider than its previous loss forecast of $82 million-$74 million. The company now anticipates adjusted FFO per share to be between $0.31 and $0.34, down from its previous guidance of $0.74- $0.86 per share.

FCH gained nearly 7% in the past five days to close Friday's trading at $3.37.

Papa John's International Inc. - Tasty or not?

Papa John's International Inc. (PZZA) reported better-than-expected third-quarter profit Tuesday despite a 5.7% decline in revenue and increased its earnings guidance for 2009.

The company operates and franchises pizza delivery and carryout restaurants under the trademark "Papa John's" in the United States and internationally.

Looking ahead to 2009, Papa John's lifted its earnings outlook to $1.42-$1.46 per share from its prior forecast of $1.38-$1.44 per share. However, the revised outlook is well below analysts' estimate of $1.47 per share.

The projected earnings guidance excludes any impact from the consolidation of the results of BIBP cheese purchasing unit.

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