| Earnings Scorecard |
| Actual | Estimated* | Year-Ago |
| $0.55 | $0.50 | $0.36
|
 |
Comdisco (CDO Quote - Cramer on CDO - Stock Picks) on Wednesday posted fiscal first-quarter earnings that beat Wall Street's elevated earnings estimates.
The technology services company said it earned 55 cents a share, up from 36 cents a share in last year's first quarter. Revenue for the period was $909 million, up from $876 million in the same period last year.
Five analysts polled by
First Call/Thomson Financial were calling for the company to earn 50 cents in the quarter. The consensus estimate was raised from 40 cents a share after Comdisco announced in December that it
expected to earn 50 cents for the period.
Comdisco said its leasing and ventures businesses exceeded targets but its technology services business was disappointing.
Shares of Comdisco, based in Rosemont, Ill., gained $1.49, or 9.9%, to $16.55 in recent
New York Stock Exchange trading.
Aileen Gallagher
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