Hot Stocks to Watch (COO, ULTA, FNSR) :by Penny Stock Pick Alert
Stocks to Watch.
(EMAILWIRE.COM, September 03, 2010 )
Dallas, Tx - The Cooper Companies, Inc. (NYSE:COO) shares surged 4.22% to $43 in late session after the company posted a wider than expected net earnings in the third quarter and guided above than expected earnings for the current quarter and the full year.
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The company said that its revenue grew 4% to $295.6 million from $285.23 million last year.
The company's net income jumped to $39.73 million or $0.86 a share from $21.91 million or $0.48 a share in the previous year. Excluding adjustments, net income for the quarter was $42.41 million or $0.91 per share.
Analysts were expecting the company to report earnings of 71 cents a share and revenue of $297.03 million.
The company trimmed its revenue outlook for the year to a range of $1.14 - $1.15 billion compared to its prior $1.1 billion to $1.17 billion.
But EPS is now expected to be in a range of $2.83 - $2.91, ahead of its prior estimate of $2.50 to $2.60. That’s well above the average $2.57-cent estimate.
The Cooper Companies, Inc. (Cooper) develops, manufactures and markets healthcare products, primarily medical devices through its two business units: CooperVision, Inc. (CVI) and CooperSurgical, Inc. (CSI).
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) shares soared 2.03% to $24.26 in late session after the fragrance and cosmetics retailer beat the Street, and raised guidance.
During the fiscal second quarter the company said it $13.06 million, or 22 cents a share, compared with earnings of $ $5.75 million, or 10 cents a share in the year ago quarter.
Net sales during the quarter rose 17.6% to $321.8 million
Analysts were looking the company to report earnings of 18 cents per share on revenue of $314.86 million.
For the current year, the company projects earnings in a range of 18 - 20 cents a share and adjusted earnings in a range of $0.20 to $0.22 per share. Revenues for the third quarter are expected to be in a range of $324 - $330 million. Analysts currently sees the company to report earnings of 16 cents per share on revenue of $324.87 million.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States.
Finisar Corporation (NASDAQ:FNSR) climbed over 10% to $15.03 after the company beat the analysts estimates and provided a better than expected outlook for thye current quarter.
During the to a fiscal first-quarter the company reported an adjusted profit of 31 cents per share, topping the analysts’ estimates of 23 cents a share. Revenue grew 61.5% to $207.88 million from $128.72 million, beat the analysts estimates of $200.98 million.
For the fiscal second-quarter, the company sees sales to be in the range of $215 - $230 million. Analysts currently expect second-quarter sales of $206.21 million.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert offers stock newsletters on various hot penny stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
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Dallas, Tx - The Cooper Companies, Inc. (NYSE:COO) shares surged 4.22% to $43 in late session after the company posted a wider than expected net earnings in the third quarter and guided above than expected earnings for the current quarter and the full year.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
The company said that its revenue grew 4% to $295.6 million from $285.23 million last year.
The company's net income jumped to $39.73 million or $0.86 a share from $21.91 million or $0.48 a share in the previous year. Excluding adjustments, net income for the quarter was $42.41 million or $0.91 per share.
Analysts were expecting the company to report earnings of 71 cents a share and revenue of $297.03 million.
The company trimmed its revenue outlook for the year to a range of $1.14 - $1.15 billion compared to its prior $1.1 billion to $1.17 billion.
But EPS is now expected to be in a range of $2.83 - $2.91, ahead of its prior estimate of $2.50 to $2.60. That’s well above the average $2.57-cent estimate.
The Cooper Companies, Inc. (Cooper) develops, manufactures and markets healthcare products, primarily medical devices through its two business units: CooperVision, Inc. (CVI) and CooperSurgical, Inc. (CSI).
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) shares soared 2.03% to $24.26 in late session after the fragrance and cosmetics retailer beat the Street, and raised guidance.
During the fiscal second quarter the company said it $13.06 million, or 22 cents a share, compared with earnings of $ $5.75 million, or 10 cents a share in the year ago quarter.
Net sales during the quarter rose 17.6% to $321.8 million
Analysts were looking the company to report earnings of 18 cents per share on revenue of $314.86 million.
For the current year, the company projects earnings in a range of 18 - 20 cents a share and adjusted earnings in a range of $0.20 to $0.22 per share. Revenues for the third quarter are expected to be in a range of $324 - $330 million. Analysts currently sees the company to report earnings of 16 cents per share on revenue of $324.87 million.
To Subscribe to these free Stock Newsletters visit http://www.PennyStockPickAlert.com .
Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta) is a beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States.
Finisar Corporation (NASDAQ:FNSR) climbed over 10% to $15.03 after the company beat the analysts estimates and provided a better than expected outlook for thye current quarter.
During the to a fiscal first-quarter the company reported an adjusted profit of 31 cents per share, topping the analysts’ estimates of 23 cents a share. Revenue grew 61.5% to $207.88 million from $128.72 million, beat the analysts estimates of $200.98 million.
For the fiscal second-quarter, the company sees sales to be in the range of $215 - $230 million. Analysts currently expect second-quarter sales of $206.21 million.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert offers stock newsletters on various hot penny stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.
Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.
###
Press release distribution and press release services by EmailWire.Com:
http://www.emailwire.com/press_release_distribution_lists.php .
Contact Information:
PennyStockPickAlert.com
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Tel: 214-556-6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
PennyStockPickAlert.com
Robert Wilson
Tel: 214-556-6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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