EPS Movers - BA BRCM ROK
EPS movers April 27 2011 BA BRCM ROK

Our EPS Movers for April 27, 2011 highlights a positive driver at Boeing and negative news at Rockwell Automation and Broadcom. Being an old analyst, I could not help but add my feeling (or value added color) to the market moving news found here.


Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.


Today's EPS reporters included NYSE: AEA, Nasdaq: AFFX, NYSE: AFL, Nasdaq: AKAM, NYSE: ATI, NYSE: ALL, Nasdaq: ARII, Nasdaq: ARRS, NYSE: ARW, NYSE: ABG, NYSE: AIZ, NYSE: AVB, NYSE: AVY, Nasdaq: BIDU, NYSE: BHI, NYSE: ABX, NYSE: BP, NYSE: EAT, NYSE: COG, Nasdaq: CTIC, Nasdaq: CHRM, Nasdaq: CINF, NYSE: CIT, Nasdaq: CTXS, NYSE: COP, NYSE: GLW, Nasdaq: CSGP, NYSE: CS, NYSE: CCI, NYSE: DAN, Nasdaq: DEST, NYSE: DBD, Nasdaq: DCOM, NYSE: DPS, NYSE: DTE, NYSE: DUF, Nasdaq: EBAY, NYSE: ENR, NYSE: EFX, NYSE: ETH, NYSE: RE, Nasdaq: DAVE, Nasdaq: FISV, Nasdaq: FLEX, NYSE: FLS, NYSE: GD, Nasdaq: GERN, NYSE: HGR, NYSE: HES, NYSE: HMC, Nasdaq: ISIL, NYSE: IVZ, Nasdaq: IPCM, NYSE: JAH, Nasdaq: KALU, Nasdaq: KONA, NYSE: LAZ, NYSE: LNC, NYSE: LAD, NYSE: LIZ, Nasdaq: LOGI, NYSE: LZ, NYSE: LL, NYSE: MSO, NYSE: MHH, Nasdaq: MBFI, NYSE: MWV, NYSE: MCO, Nasdaq: MORN, NYSE: NOV, NYSE: NSC, NYSE: NOC, Nasdaq: NTRI, NYSE: OII, NYSE: OIS, NYSE: OC, NYSE: OI, NYSE: PH, Nasdaq: PFCB, NYSE: PX, NYSE: RA, NYSE: RGS, Nasdaq: SVVS, NYSE: SCG, NYSE: SEE, NYSE: SCI, NYSE: SKX, Nasdaq: SBUX, Nasdaq: SRCL, Nasdaq: SUPG, NYSE: SPN, Nasdaq: SUSQ, NYSE: TDY, NYSE: JNY, NYSE: TMO, NYSE: TRN, NYSE: TUP, NYSE: VAR, NYSE: WLP, NYSE: WHR, NYSE: WYN, Nasdaq: XLNX.


EPS Movers – BA BRCM ROK

By The Greek


Boeing


Boeing (NYSE: BA) climbed about 1% after the aerospace giant beat analyst expectations and affirmed both revenue and EPS guidance. Boeing earned $0.78 a share, beating analysts' expectations handily, as FactSet had the consensus at $0.70. All was not perfect though, as BA's revenue, at $14.9 billion, was short of analysts' expectations for $15.3 billion. The company's revenue shortfall derived from its commercial aircraft production, which missed expectations. Boeing's 777 deliveries were down from the prior year, but the company plans to up production to 7 per month, from 5 now, to make up for the difference. The company's military aircraft deliveries satisfied analysts. The company built up investor confidence by reaffirming its full year guidance, which calls for revenues of $68 to $71 billion and EPS of $3.80 to $4.00 per share. Boeing said it still expected to deliver its new 787 during the third quarter and its freighter version of its 747-8 in the middle of the year. Playing catch up ain't easy, and we've been hearing about the new jumbo jet for a long while now... In other words, my hopes are not high here.


Broadcom


Broadcom (Nasdaq: BRCM) dropped 12% after the company provided soft second quarter guidance tied to the mobility unit, an area of importance and the reason why several analysts favor the shares. Broadcom posted quarterly revenue of $1.82 billion, against the analysts' consensus forecast for $1.81 billion, according to Thomson Reuters data. The company posted adjusted quarterly income of $0.68 a share, versus the analysts' consensus for $0.59. At least two analysts came out to defend the shares, already rated buy by both firms (Lazard and Needham). The company said its revised guidance for the current quarter is for $1.75 billion to $1.85 billion in net revenue, and that matched poorly against the analysts' consensus, which sat at $1.9 billion. Some of the defensive chatter pointed to overall weakness in mobile phones; in other words, not Broadcom's fault, nor a market share issue. Still, when investors are banking on a certain level of sales and EPS, and the result is short, then the stock price will compensate as well. Of the three companies listed, though, this is the only one I'm somewhat positive about on weakness.


Rockwell Automation


Rockwell Automation (NYSE: ROK) lost 8.5% Wednesday after it cited Japan related supply chain issues, warning its full FY 11 could be affected. The maker of factory efficiency systems beat fiscal second quarter expectations, earning $1.14 a share, against an analysts' consensus estimate marked at $1.12 (Thomson Reuters). The company topped sales estimates too, making $1.46 billion, against estimates for $1.41 billion. The company has benefited this year by renewed corporate investment in manufacturing efficiency, and the company's shares had risen nearly 40% this year, and so there was little margin for error heading into the report. Investors had gotten used to the company raising guidance each quarter. What's ironic is that the company still raised the bottom end of its guidance range, but kept the ceiling the same (range: $4.40 to $4.60). That change left the analysts' consensus of $4.54 for the full year sitting naked above the middle of the company's guidance, and investors lost some enthusiasm. The company says some of its Japanese suppliers of lesser importance operate in nuclear troubled areas, and that while its inventory is okay for the current quarter, the end of this year and 2012 could be affected by any shortfall of supply. We call this the first shoe to drop, and the first is usually followed by a second...


The rest of the day's earnings reports highlighted Advance America (NYSE: AEA), Affymetrix (Nasdaq: AFFX), Aflac (NYSE: AFL), Akamai Technologies (Nasdaq: AKAM), Allegheny Technologies (NYSE: ATI), Allstate (NYSE: ALL), American Railcar (Nasdaq: ARII), ARRIS Group (Nasdaq: ARRS), Arrow Electronics (NYSE: ARW), Asbury Automotive (NYSE: ABG), Assurant (NYSE: AIZ), Avalonbay (NYSE: AVB), Avery Dennison (NYSE: AVY), Baidu (Nasdaq: BIDU), Baker Hughes (NYSE: BHI), Barrick Gold (NYSE: ABX), BP (NYSE: BP), Brinker International (NYSE: EAT), Cabot Oil and Gas (NYSE: COG), Cell Therapeutics (Nasdaq: CTIC), Charm Communications (Nasdaq: CHRM), Cincinnati Financial (Nasdaq: CINF), CIT Group (NYSE: CIT), Citrix Systems (Nasdaq: CTXS), ConocoPhillips (NYSE: COP), Corning (NYSE: GLW), Costar (Nasdaq: CSGP), Credit Suisse (NYSE: CS), Crown Castle (NYSE: CCI), Dana Holding (NYSE: DAN), Destination Maternity (Nasdaq: DEST), Diebold (NYSE: DBD), Dime Community Bancshares (Nasdaq: DCOM), Dr. Pepper Snapple (NYSE: DPS), DTE Energy (NYSE: DTE), Duff & Phelps (NYSE: DUF), eBay (Nasdaq: EBAY), Energizer (NYSE: ENR), Equifax (NYSE: EFX), Ethan Allen (NYSE: ETH), Everest Re (NYSE: RE), Famous Dave’s (Nasdaq: DAVE), Fiserv (Nasdaq: FISV), Flextronics (Nasdaq: FLEX), Flowserve (NYSE: FLS), General Dynamics (NYSE: GD), Geron (Nasdaq: GERN), Hanger Orthopedic (NYSE: HGR), Hess (NYSE: HES), Honda Motor (NYSE: HMC), Intersil (Nasdaq: ISIL), Invesco (NYSE: IVZ), IPC The Hospitalist (Nasdaq: IPCM), Jarden (NYSE: JAH), Kaiser Aluminum (Nasdaq: KALU), Kona Grill (Nasdaq: KONA), Lazard (NYSE: LAZ), Lincoln National (NYSE: LNC), Lithia Motors (NYSE: LAD), Liz Claiborne (NYSE: LIZ), Logitech (Nasdaq: LOGI), Lubrizol (NYSE: LZ), Lumber Liquidators (NYSE: LL), Martha Stewart (NYSE: MSO), Mastech (NYSE: MHH), MB Financial (Nasdaq: MBFI), Meadwestvaco (NYSE: MWV), Moody’s (NYSE: MCO), Morningstar (Nasdaq: MORN), National Oilwell Varco (NYSE: NOV), Norfolk Southern (NYSE: NSC), Northrop Grumman (NYSE: NOC), Nutrisystem (Nasdaq: NTRI), Oceaneering International (NYSE: OII), Oil States (NYSE: OIS), Owens Corning (NYSE: OC), Owens Illinois (NYSE: OI), Parker Hannifin (NYSE: PH), P.F. Chang’s China Bistro (Nasdaq: PFCB), Praxair (NYSE: PX), RailAmerica (NYSE: RA), Regis (NYSE: RGS), Savvis (Nasdaq: SVVS), SCANA (NYSE: SCG), Sealed Air (NYSE: SEE), Service Corp. (NYSE: SCI), Skechers (NYSE: SKX), Starbucks (Nasdaq: SBUX), Stericycle (Nasdaq: SRCL), Supergen (Nasdaq: SUPG), Superior Energy (NYSE: SPN), Susquehanna Bancshares (Nasdaq: SUSQ), Teledyne (NYSE: TDY), The Jones Group (NYSE: JNY), Thermo Fisher Scientific (NYSE: TMO), Trinity Industries (NYSE: TRN), Tupperware (NYSE: TUP), Varian Medical (NYSE: VAR), Wellpoint (NYSE: WLP), Whirlpool (NYSE: WHR), Wyndham Worldwide (NYSE: WYN), Xilinx (Nasdaq: XLNX) and more.


forum message board chat

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.


mutual funds

Inquiries about Wall Street Greek content and advertising services can be emailed to Advertise @WallStreetGreek.com.

Related Stocks:
AFLAC, Inc. ALLEGHENY TECHNOLOGIES ALLSTATE CORPORATION ARROW ELECTRONICS, Inc. ASBURY AUTO GROUP AB ADS ASSURANT, Inc. AVALONBAY COMMUNITIES AVERY DENNISON CORP. Affymetrix, Inc. Akamai Technologies Inc American Railcar Industries, Inc. BAKER HUGHES, Inc. BARRICK GOLD CORP. BOEING COMPANY BP P.L.C. BRINKER INTERNATIONAL Baidu.com SP ADR Broadcom Corporation CABOT OIL & GAS CORP. CHARM UNSP ADR-A CIT GROUP INC. NEW CONOCOPHILLIPS CORNING INCORPORATED CREDIT SUISSE GROUP CROWN CASTLE INTL. CORP. Cincinnati Financial Citrix Systems CoStar Group, Inc. DANA HOLDINGS CORP. DESTINATION MTRNTY DIEBOLD INCORPORATED DR PEPPER SNAPPLE GROUP, Inc. DTE ENERGY COMPANY Dime Community Bancshares ENERGIZER HOLDINGS, Inc. EQUIFAX, INCORPORATED ETHAN ALLEN INTERIORS, Inc. EVEREST RE GROUP, LTD. FLOWSERVE CORPORATION Famous Dave's Of America, Inc. Fiserv Inc Flextronics International Ltd GENERAL DYNAMICS Geron Corp HANGER, Inc. HESS CORPORATION HONDA MOTOR CO., LTD. INVESCO LTD IPC HOSPITALIST Intersil Corp JARDEN CORPORATION KAISER ALUM Kona Grill, Inc. LAZARD LTD. CLASS A LINCOLN NATIONAL CORP. LITHIA MOTORS, Inc. LOGITECH INTL N LUMBER LIQUIDATORS HOLDINGS, Inc. MARTHA STEWART LIVING MASTECH HOLDINGS, Inc. MB Financial Corp MEADWESTVACO CORP MOODYS CORPORATION Morningstar, Inc. NATIONAL OILWELL VARCO, Inc. NORFOLK SOUTHERN CORP. NORTHROP GRUMMAN CORP. NutriSystem, Inc. OCEANEERING INTERNATIONAL, Inc. OIL STATES INTERNATIONAL, INC. 4 OWENS CORNING OWENS ILLINOIS, Inc. PARKER HANNIFIN CORP PRAXAIR, Inc. REGIS CORPORATION ROCKWELL AUTOMATION, Inc. SCANA CORPORATION SEALED AIR CORP. SERVICE CORP INTL. SKECHERS U.S.A., Inc. SUPERIOR ENERGY SERVICES, Inc. Starbucks Corp. Stericycle Inc Susquehanna Bancshares, Inc. TELEDYNE TECH, Inc. THE JONES GROUP, Inc. THERMO FISHER SCIENTIFIC, Inc. TRINITY INDUSTRIES, Inc. TUPPERWARE BRANDS CORPORATION VARIAN MEDICAL SYSTEMS, Inc. WELLPOINT, Inc. WHIRLPOOL CORP. WYNDHAM WORLDWIDE CORPORATION Xilinx Inc eBay Inc.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here