On Monday, February 10, Blount issued a broad press release lowering its 2013 guidance and offering 2014 guidance that was below the Street expectations. Management held a conference call Tuesday afternoon to explain the results and outlook. Other corporate information was offered as well, including new 2018 targets and an update on the company’s long-term…
For fourth quarter 2013, BroadSoft should meet or beat consensus estimates. We expect a large chunk of deferred revenue to come off the balance sheet and billings to show significant improvement sequentially in virtually all areas license, subscription, and maintenance on easy comparisons with the exception of professional services, which rebounded sharply in the third…
Trip Advisor (TLM) reported Q413 CFPS of $0.56, ~3% lower than our estimate of $0.58 but in line with consensus of $0.56 based on a company survey of analysts. Quarterly production of 387 mboe/d was slightly lower than our estimate of 393 mboe/d and consensus of 389 mboe/d. Operating EPS of ($0.11) was lower than…
This morning, ING Inc (VOYA) reported operating EPS from the ongoing business of $0.75, better than our $0.71 estimate and the consensus of $0.69. After stripping out DAC unlocks and better NII from some Lehman recoveries, we believe the company defines core of $0.68, in line with our expectation for core earnings for the quarter….
Trip Advisor (TRIP) reported solid 4Q earnings with rev. 3% above our estimate, helped by strength in Display (46% y/y) and Other (53% y/y). Adj. EBITDA was 1% below consensus and 9% below our forecast largely due to higher than expected TV ad spend, which we believe was amplified in the quarter as the company…
PacBio reported results that were in line with our expectations but slightly ahead of consensus. Revenue was $9.1 million, relative to our estimate of $9.8 million and consensus of $8.8 million, and loss per share was $0.26, relative to our estimate and consensus of loss per share of $0.28. The company booked orders for 9…
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