Earnings Reported After The Bell Oct. 20

(RTTNews) - Here is a quick summary of the few earnings reported after the bell on October 20.

Terex Corp. (TEX)

For the third quarter of 2015, income from continuing operations was $44.8 million, or $0.41 per share compared to income from continuing operations of $58.7 million, or $0.51 per share for the third quarter of 2014. Excluding certain items, income from continuing operations as adjusted was $63.4 million, or $0.58 per share.

On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $0.62 for the quarter. Analysts' estimates typically exclude special items.

Net sales were $1.64 billion in the third quarter of 2015, compared with $1.81 billion in the third quarter of 2014. Excluding the impact of currency exchange rates, net sales decreased 1.0%. Analysts expected revenue of $1.56 billion for the quarter.

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Packaging Corporation of America (PKG) reported third quarter net income of $128 million, or $1.31 per share, compared to last year's third quarter net income of $104 million, or $1.06 per share.

Excluding special items, third quarter 2015 net income was $123 million, or $1.26 per share, compared to third quarter 2014 net income of $124 million, or $1.26 per share.

Third quarter net sales were $1.5 billion in both 2015 and 2014.

Net sales rose to $1.47 billion from $1.52 billion generated a year ago.

Consensus - $1.28 per share on revenue of $1.50 billion

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Heritage-Crystal Clean Inc. (HCCI)

Net income for the third quarter was $2.7 million compared to $2.4 million for the year earlier quarter. Earnings per share was $0.12 compared to $0.13 in the third quarter of fiscal 2014.

Revenues increased 6.1%, to $82.7 million from $77.9 million in the third quarter of fiscal 2014.

Consensus - $0.11 per share on revenue of $85.19 million.

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A. Schulman Inc. (SHLM)

The company's fourth-quarter net income available to common stockholders was $21.8 million or $0.74 per share compared to $15.2 million or $0.52 per share in the prior year period.

Income from continuing operations increased to $24.0 million or $0.75 per share compared to $15.2 million or $0.51 per share in the same period of last year.

On an adjusted basis, excluding financing, restructuring and acquisitions-related costs, the Company generated net income of $0.64 per diluted share.

Consolidated net sales for the fiscal 2015 fourth quarter were $674.0 million, compared with $627.4 million in the same prior-year quarter.

Consensus - $0.64 per share on revenue of $708.06 million.

Business Outlook

The company initiated a fiscal 2016 adjusted net income guidance range of $2.80 to $2.85 per share including the accretive impact of the Citadel acquisition. Consensus - $2.97 per share.

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Rush Enterprises, Inc. (RUSHA, RUSHB) reported third quarter net income of $19.9 million, or $0.48 per share, compared with $23.5 million, or $0.57 per share, in the quarter ended September 30, 2014.

Gross revenues totaled $ 1.294 billion, a 4.3% increase from gross revenues of $1.241 billion reported for the quarter ended September 30, 2014.

Consensus - $0.47 per share on revenue of $1.29 billion.

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FMC Technologies, Inc. (FTI)

Net income attributable to FMC was $82.0 million or $0.35 per share compared to $169.8 million or $0.72 per share, last year.

Third quarter earnings per share was $0.61, excluding impairment charges of $0.20 per share and business restructuring charges of $0.06 per share. On average, 31 analysts polled by Thomson Reuters expected earnings per share of $0.58 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter decreased to $1.55 billion from $1.98 billion last year. Analysts expected revenue of $1.67 billion for the quarter.

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WSI Industries Inc. (WSCI)

The company incurred a net loss of $34,000 or $.01 per share as compared to net income of $300,000 or $.10 per share in the prior year's fiscal fourth quarter.

For the fiscal 2015 fourth quarter, the Company reported sales of $8,779,000 versus the prior year's quarter of $11,329,000.

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Essendant Inc. (ESND)

The company reported third-quarter net income of $27.7 million or $0.74 per share compared to $40.2 million or $1.03 per share in the prior year period.

Adjusted net income was $37.7 million, compared to $40.2 million in the prior year quarter. Adjusted earnings per share were $1.00, compared to $1.03 in the third quarter of 2014.

Net sales declined to $1.39 billion from $1.42 billion generated a year ago.

Consensus - $0.98 per share on revenue of $1.45 billion.

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Celestica Inc. (CLS)

Q3 net income was $10.9 mln versus $34.4 mln last year.

Q3 EPS declined to $0.08 from $0.19 prior year.

Q3 Adj. Income was $31.4 mln or $0.22 per share versus $47.2 mln or $0.26 per share last year.

Q3 Revenue was $1.41 bln vs $1.42 bln last year.

Consensus - $0.31 per share on revenue for $1.46 billion.

Fourth Quarter 2015 Outlook

For the fourth quarter ending December 31, 2015, the company expects revenue in the range of $1.375 billion - $1.475 billion, and non-IFRS adjusted net earnings per share to be in the range of $0.27 - $0.33.

Consensus - $0.32 per share on revenue of $1.48 billion.

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Chipotle Mexican Grill, Inc. (CMG)

Net income for the third quarter of 2015 was $144.9 million, or $4.59 per share, compared to $130.8 million, or $4.15 per share, in the third quarter of 2014.

On average, 29 analysts polled by Thomson Reuters expected the company to report profit per share of $4.63 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter was $1.22 billion, up 12.2% from the third quarter of 2014. The growth in revenue was driven by new restaurants not in the comparable base and a 2.6% increase in comparable restaurant sales. Analysts expected revenue of $1.22 billion for the quarter.

Looking forward, the company said it now expects to open 215-225 new restaurants in 2015, up from the previously announced range of 190-205. For 2016, management expects 220-235 new restaurant openings.

For 2015, the company expects low-to-mid single digit comparable restaurant sales increases. For 2016, the company expects low-single digit comparable restaurant sales increases.

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Manhattan Associates, Inc. (MANH)

Q3 GAAP income of $27.9 million versus $22.3 million last year. Q3 GAAP earnings per share was $0.38, compared to $0.30 in Q3 2014. Q3 Adj. Income was $31.3 mln versus $23.8 mln prior year Adjusted earnings per share was $0.42 in Q3 2015, compared to $0.32 in Q3 2014. Consolidated total revenue was $142.3 million in Q3 2015, compared to $125.6 million in Q3 2014.

Consensus - $0.36 per share on revenue of $141.08 million

For fiscal 2015, the company still expects revenue in the range of $553 million - $558 million. GAAP earnings per share is now expected to be $1.34 - $1.36 versus prior outlook of $1.29 - $1.31 per share, and adjusted EPS in a range of $1.47 - $1.49 versus its prior estimate of $1.40 - $1.42 per share.

Consensus - $1.41 per share on revenue of $556.80 million.

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Electronics For Imaging, Inc. (EFII) reported second quarter GAAP net income of $7.7 million or $0.16 per share, compared to $6.9 million or $0.14 per share for the same period in 2014. Non-GAAP net income was $22.9 million or $0.48 per share, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.47 for the quarter. Analysts' estimates typically exclude special items.

Electronics For Imaging reported record second quarter revenue of $202.7 million, up 5% compared to second quarter 2014 revenue of $193.0 million. Analysts expected revenue of $201.93 million for the quarter.

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Cepheid's (CPHD) third-quarter net loss was $22.9 million, or $0.32 per share, compared to net loss of $7.2 million, or $0.10 per share, in the third quarter of 2014.

Excluding stock-based compensation expense, amortization of debt discount and transaction costs, and amortization of purchased intangible assets, non-GAAP net loss for the third quarter of 2015 was $9.1 million, or $0.13 per share.

On average, 13 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.31 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the third quarter of 2015 of $126.5 million, compared to $115.2 million for the third quarter of 2014. Analysts expected revenue of $126.81 million for the quarter.

For the fiscal year ending December 31, 2015, the company now expects: total revenue to be in the range of $537 to $541 million; net loss in the range of $0.73 to $0.71 per share; and Non-GAAP earnings in the range of a loss of $0.01 to income of $0.01 per share. In July, the company projected net loss of $0.51 to $0.47 per share, and adjusted earnings of $0.25 to $0.29 per share, for the fiscal year 2015.

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Yahoo! Inc.'s (YHOO) third-quarter profit dropped to $76.3 million or $0.08 per share from $6.77 billion or $6.70 per share last year. Last year's profit reflected the sale of stake in Alibaba Group Holding Ltd. during the company's IPO.

On an adjusted basis, earnings dropped to $0.15 per share from $0.52 per share last year. Analysts polled by Thomson Reuters estimated earnings of $0.17 per share.

Yahoo's revenue's for the quarter rose 7 percent to $1.23 billion from $1.15 billion last year. However, revenues fell short of analysts' consensus of $1.26 billion on Thomson Reuters.

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VMware, Inc. (NYSE: VMW)

GAAP net income for the third quarter was $256 million, or $0.60 per diluted share, up 35% per diluted share compared to $194 million, or $0.45 per diluted share, for the third quarter of 2014.

Non-GAAP net income for the quarter was $433 million, or $1.02 per diluted share, up 18% per diluted share compared to $377 million, or $0.87 per diluted share, for the third quarter of 2014.

Revenues for the third quarter were $1.67 billion, an increase of 10% from the $1.52 billion recorded in the third quarter of 2014, or up 14% year-over-year in constant currency.

Consensus - $1.00 per share on revenue of $1.66 billion

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Illumina Inc.'s (ILMN) third-quarter net income was $118.2 million or $0.79 per share compared to $93.5 million or $0.63 per share in the prior year period.

On a non-GAAP basis, net income rose to $119.59 million, or $0.80 per share from the previous year's income of $113.65 million, or $0.77 per share.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.79 per share. Analysts' estimates typically exclude certain special items.

The company said revenue for the quarter rose 14.5% to $550.27 million from $480.63 million last year. Twenty one Wall Street analysts had a consensus revenue estimate of $556.07 million for the quarter.

Looking ahead, the company projects fourth quarter revenue of about $570 million, and non-GAAP earnings attributable to Illumina stockholders of $0.78 - $0.80 per share. Analysts are looking for earnings of $0.87 per share on revenue of $580.11 million for the fourth quarter

For fiscal 2015, the company now expects about 18% total revenue growth (21% on a constant currency basis, assuming current rates) and non-GAAP earnings per share attributable to Illumina stockholders to $3.29 - $3.31.

Previously, the company expected 2015 adjusted earnings in a range of $3.39 - $3.45 per share. Illumina expected a revenue growth of about 20%.

Analysts expect earnings of $3.37 per share on revenue of $2.22 billion for the year 2015.

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iRobot Corp. (IRBT),

Net income in the third quarter of 2015 was $12.8 million, compared with $14.6 million in the third quarter of 2014, ahead of expectations.

Quarterly earnings per share were $0.42 for the third quarter of 2015, compared with $0.48 in the third quarter last year.

Revenue for the third quarter of 2015 was $143.6 million, compared with $143.5 million for the same quarter one year ago, in line with expectations.

Consensus - $0.23 per share on revenue of $145.34 million.

Guidance

Fourth-quarter year-over-year revenue growth of 26 to 29% expected. Full-year expectations imply U.S. revenue growth in high teens, growth in China of more than 70% and substantial growth in many larger EMEA countries.

FY15 revenue is now expected to be $610 mln - $615 mln versus prior outlook of $625 mln - $635 mln. EPS is now expected to be $1.35 - $1.40 compared to prior guidance of $1.25 - $1.35 per share.

FY15 consensus - $1.28 per share on revenue of $627.60 million

For the fourth quarter, the company sees revenue of $200 mln - $205 mln, with earnings of $0.53 - $0.58 per share. Q4 Consensus - $0.65 per share on revenue of $215.60 million.

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Cree, Inc. (CREE)

GAAP net loss for the first quarter was $23.6 million, or $0.23 per share, compared to GAAP net income of $11.1 million, or $0.09 per share, for the first quarter of fiscal 2015.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.20 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $425.48 million compared to $427.67 million last year. Analysts expected revenue of $418.67 million for the quarter.

For its second quarter of fiscal 2016 ending December 27, 2015, Cree targets revenue in a range of $425 million to $445 million, GAAP net income is targeted at $1 million to $7 million, or $0.01 to $0.06 per share, and Non-GAAP net income in a range of $21 million to $27 million, or $0.21 to $0.26 per share.