06.11.2013 14:28:39
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Stocks To Watch - Nov. 6
(RTTNews) - What makes these stocks interesting?
Geothermal company Ormat Technologies Inc. (ORA) lifted its fiscal 2013 outlook and now expects revenues of $525 million - $535 million, up from prior guidance of $510 million - $530 million. Analysts expect revenues of $523.30 million.
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AsiaInfo-Linkage Inc. (ASIA) expects fourth quarter 2013 non-GAAP net revenue to be in the range of $173.0 million - $181.0 million. Non-GAAP earnings are projected to range between $0.31 and $0.40 per share.
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GSI Group Inc. (GSIG) expects fourth quarter revenue from continuing operations of between $87 million and $89 million. On a reported basis, revenue is expected to increase 31% - 34%, compared to the fourth quarter of 2012. Excluding the impact of the NDS acquisition and changes in foreign exchange rates, revenue is expected to increase 4% - 6%, compared to the fourth quarter of 2012.
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Fashion accessories and watch retailer Fossil Group Inc. (FOSL) forecasts fourth-quarter earnings in a range of $2.26 - $2.46 per share on net sales growth of 6%-8%. Analysts expect the company to report earnings of $2.60 per share for the quarter on revenue growth of 10.10 percent to $1.04 billion.
For fiscal year 2013, Fossil maintained its outlook for earnings in a range of $6.15 - $6.35 per share, but raised its forecast for net sales growth to a range of 12% to 12.75% from the prior range of 11% to 12%.
Analysts expect the company to report earnings of $6.30 per share for the year on revenue growth of 12% to $3.20 billion.
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