Beats Forecasts on Profits, Revenues
The restaurant chain reported fourth-quarter earnings of $0.73 per share after yesterday's close, well above the consensus estimate of $0.67 EPS. Revenues totaled $220.5 million versus the $210.5 million that analysts had been looking for. Management is also bullish on 2012, saying that same-store sales are up 12.9 percent so far this year. BWLD is up more than 15 percent on tradeMONSTER's extended-hours platform.
Silicon Graphics Plunges on Quarter
The data-center company said last night that earnings came in at $0.04 per share for its fiscal second quarter, dismally short of the estimated $0.25 EPS. Revenue was light as well at $195.2 million versus the expected $197.1 million. Silicon Graphics also revised its full-year earnings outlook to $0.15 to $0.30 per share, far less than the $0.60 to $0.80 EPS that management had forecast just last November. The company blamed the slowdown in Europe for the disappointing numbers. SGI is down more than 22 percent this morning.
Synchronoss Surges on Strong Results
The e-commerce technology company posted fourth-quarter earnings of $0.34 per share, blowing past the consensus expectation of $0.23 EPS. Revenues came in at $62.3 million, better than the $61.46 million forecast. The company attributed its strong results to its cloud-based services, particularly those related to smartphone transactions. SNCR is up nearly 11 percent in the pre-market.
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