Tuesday, September 19, 2006

Tuesday After Hours Review

The market closed lower today, but it recovered over half of the losses at the close. The weakness is due to Yahoo (YHOO) revenue warning at about mid morning, the minor factor is the weakness of the housing data.

The good news after hour came from one of the biggest tech software company, Oracle (ORCL). It beat estimate. Hopefully this piece of good news will give the tech sector a good lift tomorrow.

Tomorrow's Expected Earnings
Company (Symbol) Expected Last Year
AAR Corporation (AIR) $0.26 $0.15
Bed Bath & Beyond (BBBY) $0.51 $0.47
Biomet (BMET) $0.43 $0.40
Circuit City (CC) $0.05 $0.01
Possis Medical (POSS) $0.02 $0.07

Today's Reported Earnings
Company (Symbol) Reported Expected Last Year
AutoZone (AZO) $2.92 $2.79 $2.59
CBRL Group (CBRL) $0.82 $0.77 $0.74
Darden Restaurants (DRI) -- $0.58 $0.53
Oracle (ORCL) $0.18 $0.15 $0.14

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