SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Friday's session are Aeropostale Inc., DreamWorks Animation SKG Inc. and AnnTaylor Stores Corp.
AnnTaylor Stores Corp. (ANN) is expected to report fourth-quarter earnings of 40 cents a share, according to analysts polled by Thomson First Call.
Kirkland's Inc. (KIRK) is seen posting a fourth-quarter per-share profit of 50 cents.
After Thursday's closing bell, DreamWorks Animation SKG Inc. (DWA) said its fourth-quarter profit plunged 67% as compared with a year-earlier quarter bolstered by the blockbuster performance of the theatrical film "Shark Tale" and the debut of "Shrek 2" on home video.
Apparel retailer Aeropostale Inc. (ARO) posted an 18% jump in fourth-quarter earnings, as sales topped Wall Street's expectations. See full story.
Big Five Sporting Goods (BGFV) earned $7.7 million, or 34 cents a share in its fourth quarter, down from $9.5 million or 42 cents in the year-ago period. Sales at the retailer came in at $218.9 million, up from $217.6 million, while same-store sales grew 1.5%. The average estimate of analysts polled by Thomson First Call was for the company to earn 33 cents a share on revenue of $219 million.
Hibbett Sporting Goods Inc. (HIBB) said fourth-quarter net income was $9.9 million, or 29 cents a share, compared with $8.1 million, or 23 cents a share, for the same period a year ago. The Birmingham, Ala.-based retailer said sales rose 12.8% to $120.8 million from last year's $107.1 million. Analysts polled by Thomson First Call expected, on average, earnings of 28 cents a share.
J. Jill Group Inc. (JILL) turned in a 17% increase in fourth-quarter earnings to end a choppy and disappointing year. For the quarter, the women's-wear retailer said it made $3.04 million, or 15 cents a share, compared with last year's profit of $2.6 million, or 13 cents a share. Net sales climbed 9.6% to $131 million from $119.4 million a year ago. Sales at stores open longer than a year declined 3%. The per-share results matched the expectation of analysts reporting to Thomson First Call.
Kellwood Co. (KWD) reported fourth-quarter net earnings of $12.5 million, or 49 cents a share, up 77% from $7.06 million, or 25 cents a share, during the year-ago period. Revenue at the apparel maker fell to $473.4 million from $495.5 million.
McData Corp. (MCDTA)/(MCDT) said it earned $5.3 million, or 3 cents a share, up from a loss of $80,000, or break-even results per share, in the comparable period a year ago. Excluding items, the company would have posted a profit of $12.6 million, or 8 cents a share, up from $6.8 million, or 6 cents a share, and ahead of analysts' expectations. Revenue for the period ended Jan. 31 rose to $181.8 million from $105.7 million, also topping the average of estimates. On average, Wall Street analysts expected the maker of network storage devices and software to report a profit of 6 cents a share before items on revenue of $180.4 million, according to a Thomson First Call survey.
Pitney Bows Inc. (PBI) said its board approved buying back an additional $300 million of company stock, boosting its overall stock repurchase plan to $500 million. The company said it expects to buy back about $350 million worth of its common shares this year, including purchases already made. Separately, the company said completion of a proposed spin-off of its Capital Services external financing business would likely be delayed until 2007 by a SEC request to provide three years of audited statements from the unit. The company also agreed to sell Imagistics International. Inc. lease portfolio, part of Capital Services' portfolio, to a unit of the Dutch Rabobank Group for $280 million to $290 million.
Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) said the third-quarter net loss was $10.8 million, or 20 cents a share, compared with a net loss of $2.92 million, or 9 cents a share, during the same period last year. Analysts polled by Thomson First Call had expected a per-share loss of 9 cents. The vehicle engineering company's quarterly revenue was $36 million, compared with $5.39 million last year. Analysts were looking for revenue of $51 million.
Trimeris Inc. (TRMS) reported fourth-quarter net earnings of $3.77 million, or 17 cents a share. During the same period a year ago, the biopharmaceutical company posted a net loss of $5.72 million, or 27 cents a share. Revenue rose to $7.96 million from $536,000 a year ago. Analysts surveyed by Thomson First Call had forecast a fourth-quarter loss of a penny a share on revenue of $6 million.
Universal Display Corp. (PANL) reported a fourth-quarter net loss of $4.64 million, or 17 cents a share, compared with a net loss of $3.53 million, or 11 cents a share, during the year-ago period. Revenue rose to $2.3 million from $1.69 million a year ago. Analysts polled by Thomson First Call had forecast fourth-quarter revenue of $3 million.