Earnings Recap For March 30

Lululemon Athletica inc. LULU reported earnings of $0.85 per share, $0.05 above the Street’s consensus. Revenue of $704.28 million also came in ahead of expectations for $692.21 million.

Micron Technology, Inc. MU posted a net loss of $(0.05) per share, smaller than the Street’s estimate of $(0.09) per share. Revenue of $2.934 billion, however, fell short of expectations for $3.221 billion.

Carnival Corp CCL delivered earnings of $0.39 per share, beating the Street’s consensus by $0.08. Revenue of $3.651 billion came in slightly above expectations for $3.618 billion.

Paychex, Inc. PAYX retrieved earnings of $0.50 per share, in line with the Street’s consensus. Revenue of $752.6 million came in slightly ahead of estimates of $751.49 million.

Progress Software Corporation PRGS reported earnings of $0.27 per share, missing the Street’s consensus by $0.02. Revenue of $90.2 million also missed expectations by $2.95 million.

UniFirst Corp UNF posted earnings of $1.16 per share, considerably below the Street’s consensus of $1.25 per share. However, revenue of $363.1 million came in ahead of expectations for $362.45 million.

InterOil Corporation (USA) IOC delivered a net loss of $(1.69) per share, much wider than the expected $(0.47) per share. Revenue of $11.69 million, nonetheless, was much higher than anticipated.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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