Oppenheimer Raising Estimates On Unica (UNCA)

Oppenheimer & Co. is raising its estimates on shares of Unica Corporation (NASDAQ: UNCA) after the company reported strong earnings yesterday.

In the report Oppenheimer notes, "Following UNCA's 3Q10 results and commentary on its outlook, we now expect FY10 EPS of $0.38 on rev of $116.5M, versus our prior estimates of $0.38 on rev of $116.1M. We now expect FY11 EPS of $0.58 on rev of $133.9M, up from $0.55 on $139.9M."

Shares of Unica Corporation are up 2 cents to $9.12.