5 Stocks with a Change in Guidance (BMRN, HTZ, LTD)
Below are interesting stocks on the NYSE and NASDAQ that have raised their guidance for FY09.
BioMarin Pharma (NASDAQ: BMRN) raised its revenue guidance from $311-$336 million to $313-$327 million and earnings projections for non-GAAP earnings from $35.4-$41.4 million to $39.8-$43.8 million. Wedbush Morgan upgraded BMRN from “underperform” to “neutral.”
Hertz Global Holdings Inc (NYSE: HTZ) raised its earnings guidance for FY09 from $0.12-$0.15 per share to $0.21-$0.23 per share and revenue projections from $6.7-$7 billion to $7-$7.1 billion. Soleil upgraded HTZ from “sell” to “hold.”
Limited Brands Inc (NYSE: LTD) raised its guidance for fiscal third quarter from a loss-per-share of $0.7-$0.12 to $0.00-$0.4. Citigroup upgraded LTD from “hold” to “buy.”
MasTec Inc (NYSE: MTZ) raised its earnings guidance for FY09 from $0.85 per diluted share to $0.88 per diluted share. KeyBanc Capital Markets initiated coverage of MTZ with a “hold” rating.
J Crew Group Inc (NYSE: JCG) raised its earnings guidance for third quarter from $0.30-$0.33 a share to $0.54-$0.59 a share. MKM Partners initiated coverage of JCG with a “buy” rating.
