Bed Bath & Beyond
(BBBY - Get Report)
bubbled up in late trading Wednesday after the retailer beat Wall Street's fourth-quarter earnings expectations. The company's earnings rose to $197.9 million, or 67 cents a share, from $181 million, or 59 cents a share a year ago. Revenue rose to $1.69 billion from $1.47 billion, while same-store sales increased 6.3%. Analysts surveyed by Thomson First Call expected the company to post earnings of 65 cents a share and revenue of $1.6 billion. Shares gained $2.24, or 5.9%, to $40.56 in after-hours trading.
shares sank after the San Diego-based software company put its first-quarter revenue below Wall Street's expectations. The company expects to post earnings in the range of 16 cents to 17 cents a share. Excluding stock-based compensation expenses, Websense forecast earnings of 23 cents to 24 cents. Analysts are looking for earnings of 23 cents a share. The company expects to report revenue of $42.3 million to $42.5 million, shy of analysts' forecast of $43.1 million. Websense will post final results April 25. Shares fell $3.24, or 12%, to $24.82 after hours.
(WDFC - Get Report)
cleaned up after the lubricant maker beat Wall Street's second-quarter earnings expectations. For the quarter ended Feb. 28, the company reported earnings of $7.2 million, or 43 cents a share, compared with $5.3 million, or 31 cents a share, a year ago. Sales rose 17% to $71.5 million. Analysts projected earnings of 31 cents a share on sales of $68.9 million.
For fiscal 2006, WD-40 reiterated its forecast sales of $288 million to $299 million. The company narrowed its projected earnings range to $1.50 to $1.65 a share from a prior forecast of $1.45 to $1.65. Wall Street is looking for earnings of $1.64 a share and sales of $290 million. Shares gained 64 cents, or 2%, to $31.80 in late trading.