This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Online Resources: After-Hours Trading (Update 1)

Updated from 5 p.m. ET to include additional information on Online Resources, Yahoo! and Vera Bradley as well as updated share prices.

NEW YORK ( TheStreet) -- Online Resources (ORCC) was in rally mode late Wednesday after the provider of financial technology services delivered a better-than-expected quarterly profit and gave a strong outlook.

The company, whose services include electronic bill payment and online banking services, reported core net income of $2.6 million, or 8 cents a share, on revenue of $38.7 million for the three months ended Dec. 31, besting the average estimate of analysts polled by Thomson Reuters for earnings of 4 cents a share on revenue of $38.5 million.



Including items, Online Resources reported a net loss of $300,000, or a penny per share, for the quarter, narrower than a loss of $2 million, or 6 cents a share, in the same period a year earlier.

Online Resources sees core net income of 5 to 6 cents a share in its fiscal first quarter ending in March on revenue of $41.2 million to $41.7 million. Wall Street's current consensus estimate is for earnings of 3 cents a share on revenue of $39.8 million.

The stock was last quoted at $3.55, up 20%, on volume of more than 25,000, according to Nasdaq.com. After finishing Wednesday's regular trading at $2.96, the shares had gained 17.4% so far in 2012.

Guess?

Shares of Guess? (GES - Get Report) tanked in late trades after the fashion apparel and accessories company fell short on the top line with its latest quarterly results and gave a weak outlook.

Los Angeles-based Guess? reported a fiscal fourth-quarter profit of $95.9 million, or $1.05 a share, for the three months ended Jan. 28 on revenue of $775.8 million, below year-ago equivalent earnings of $103.3 million, or $1.11 a share. The average estimate of analysts polled by Thomson Reuters was for a profit of $1.05 a share in the quarter on revenue of $778 million.

For the first quarter ending in April, the company forecast earnings of 25 to 28 cents a share on revenue ranging from $560 million to $575 million. Wall Street's current consensus estimate is for earnings of 48 cents a share on revenue of $609.7 million in the current quarter.

The stock was last quoted at $32.28, down 12%, on volume of more than 730,000, according to Nasdaq.com. Based on Wednesday's regular-session close at $36.70, the shares are up 22.5% so far in 2012. In the past year though, the shares are still off more than 16%.

Guess? sees earnings of $2.50 to $2.65 a share in fiscal 2013 with revenue projected between $2.74 billion and $2.78 billion. The average analysts' estimate is for a profit of $3.18 a share for the full year ending in January 2013 on revenue of $2.83 billion. The company said its outlook reflects an estimated profit impact of 35 to 40 cents a share from increased marketing investments and foreign currency fluctuation.

"We will invest in new marketing programs designed to increase brand awareness and drive more traffic into our stores," said Paul Marciano, the chief executive officer at Guess?, in a statement. "While this is a long term investment to grow sales, we do expect to see some acceleration of our revenues in the second half of this year. We will continue to develop newer international markets and expand our G by Guess concept both internationally and domestically."

Check out TheStreet's quote page for Guess? for year-to-date share performance, analyst ratings, earnings estimates and much more.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
COF $85.02 0.00%
GES $18.00 0.00%
YHOO $43.48 0.00%
VRA $14.46 0.00%
AAPL $132.54 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs