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HP Boosts Earnings, Lowers Guidance.
Apple lowers guidance on Q1 results, cites China trade tensions.
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In December, Intrado lowered guidance for revenue and earnings, blaming "product delivery delays and slower-than-anticipated new product penetration".
"Even with a miss or lower guidance, the stock has the potential to even trade higher," Zino said.
The lowered guidance from Ford was also driven by old school problems as well as future plans.
Ralcorp attributed the lower guidance to lower-than-expected sales volume in branded cereals and higher share-based compensation expenses.
Last week it beat third-quarter estimates by a penny a share, but again lowered guidance for the next quarter.
"I think some investors had been expecting them to lower guidance and they didn't," said Laura Champine, an analyst at Morgan Keegan.
Following an investor presentation by the company in Washington on Tuesday, Goldman has cut its 2011 earnings per share estimates by 2% after BAE lowered guidance for its land division sales for the year to between $6bn and $6.5bn.
An Air Products spokesman said in a statement: "After missing its earnings and lowering guidance, it is remarkable that Airgas is asking its shareholders to believe they will receive greater value simply with the passage of time".
Lowered Guidance Spoils Smucker Report.
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