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Friday, May 18, 2012

Earning Alert - ARO, AMAT, ARUN, BRCD, INTU, JDAS, WFR, OSH, SCHN, UAL, ZUMZ - 5/18/12

Among the companies with shares expected to actively trade in Friday's session. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.You can also check Hot stocks to Buy Today Right Here.

Aeropostale Inc.'s (ARO) fiscal first-quarter earnings slipped 35% as the youth-focused apparel retailer recorded weaker margins and flat same-store sales, though revenue improved.

Applied Materials Inc.'s (AMAT) fiscal second-quarter profit shrank 41% as the semiconductor-equipment maker's margins narrowed, though revenue dropped less than expected.

Aruba Networks Inc.'s (ARUN)
fiscal third-quarter profit surged 88% as the WiFi-equipment maker's revenue grew, helped by a double-digit percentage increase in product revenue, while margins improved as well.

Brocade Communications Systems Inc.'s (BRCD) fiscal second-quarter profit rose 51% as margins improved and interest expense decreased.
 

Intuit Inc.'s (INTU) fiscal third-quarter earnings climbed 6.7% as the tax-software maker reported modest growth during the recent tax season and continued strength in its small-business products.

JDA Software Group Inc. (JDAS) said it has been notified by Nasdaq that it continues to be noncompliant with the exchange's listing requirements because it hasn't yet filed its latest quarterly report.

Materials Inc. (WFR) on review for a possible downgrade, pointing to the wafer maker's larger-than-expected cash burn in the first quarter and the departure of several senior executives.

Orchard Supply Hardware Corp. (OSH) said it expects same-stores sales to drop 3.1% in its fiscal first quarter, in line with its April guidance of a decline of low single-digits.

Schnitzer Steel Industries Inc. (SCHN) said it expects weakness in its third quarter as demand for recycled metals has remained soft while supplies continue to be tight.

Union leaders of Continental Airlines and United Airlines pilots said they plan to call for a vote to strike against their employer, air carrier United Continental Holdings Inc. (UAL).

Zumiez Inc.'s (ZUMZ) fiscal first-quarter earnings more than doubled as the teen-apparel retailer continues to benefit from sustained growth in same-store sales. Results topped the company's own estimates. 

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