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Thursday, July 19, 2012

Earning Alert -Baxter International (BAX), Southwest Airlines (LUV), Select Comfort (SCSS) - 7/19/12

Baxter International (BAX): Q2 EPS of $1.12 beats by $0.01. Revenue of $3.57B (+1.0% Y/Y) beats by $40M

Southwest Airlines (LUV): Q2 EPS of $0.36 beats by $0.04. Revenue of $4.62B (+11.6% Y/Y) beats by $40M

Select Comfort (SCSS) soars 17.1% premarket after setting its forecast for 2012 profit higher. The company now sees full-year earnings of $1.41-$1.47, up from prior guidance of $1.38-$1.46. An increased store count is partially behind the upward earnings revision

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