Thursday, April 10, 2008

Outlook Roundup: Chevron Sees Earnings Up, Bed Bath & Beyond Profit Will Be Below St. View

Among the earnings projection stories for Wednesday, April 9, from AP Financial News:

SAN RAMON, Calif. (AP) -- Chevron Corp. said Wednesday it expects its first-quarter upstream earnings to get a boost over fourth-quarter levels from higher crude oil and natural gas prices.

UNION, N.J. (AP) -- Home furnishings and appliance retailer Bed Bath & Beyond Inc. said Wednesday its first-quarter profit would fall below Wall Street analyst estimates.

SAN JOSE, Calif. (AP) -- Super Micro Computer Inc., which makes server systems and components, lowered its fiscal third-quarter revenue outlook Wednesday, sending shares down in after-hours trading.

SAN DIEGO (AP) -- Consumer products maker WD-40 Co. narrowed its fiscal 2008 outlook Wednesday, saying it now expects sales growth of up to 8 percent, rather than its prior forecast for as much as 10 percent.

HOUSTON (AP) -- Men's Wearhouse Inc. on Wednesday backed its previous fiscal first-quarter profit guidance, after a review of its results for the first two months of the period.

NEW YORK (AP) -- Christopher & Banks Corp. expects at least to match analysts' expectations for profit in the first quarter on encouraging sales, the women's clothing retailer said Wednesday.

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