QSII forecasts EPS of $1.27
to $1.30 on revenue between $428 and $431 million for 2012, trailing
consensus estimate of EPS of $1.41 and revenue of $437 million.
Cisco Systems Inc. (NASDAQ:CSCO) fell 8.04 percent in premarket after
the company guided fourth quarter results below Street's view. Cisco
expects adjusted earnings of $0.44 to $0.46 per share and sales growth
of 2 percent to 5 percent, while Street predicts profit of $0.49 per
share on revenue growth of 7.10 percent.
Kohl's Corp. (NYSE:KSS) decreased 2.38 percent in premarket after the
company guided second quarter results below Street's view. Kohl's
expects EPS of $0.96 to $1.02 and sales growth of 2 percent to 3
percent, while Street predicts EPS of $1.13 on revenue growth of 3
percent. For the full year ending January 2013, the company still sees
EPS of $4.75, versus market expectations of $4.74.
Kohl's earnings for the first quarter fell to $0.63 per share from
$0.69 per share, while analysts' expected 61 cents per share. Net sales
grew 1.9 percent to $4.2 billion, in line with consensus estimates.
Comparable store sales edged 0.2 percent higher.
Priceline.com Inc. (NASDAQ:PCLN) declined 1.94 percent in premarket
after the company guided second quarter revenue below Street's view. The
company expects adjusted earnings of $7.20 to $7.40 per share and
revenue growth of about 18 percent to 23 percent, while Street predicts
profit of $7.38 per share on revenue growth of 26.40 percent.
The European markets traded
higher due to the decision of the European Financial Stability Facility
board release 5.2 billion euros in emergency assistance to Greece.
Germany's DAX rose 0.79 percent to trade at 6,526.30. France's CAC40
edged 0.39 percent higher to 3,130.70. Britain's FTSE 100 edged 0.11
percent higher to 5,536.35.
Asian markets ended on a mixed note. The Shanghai Composite Index
edged 0.07 percent higher to end at $2,410.23. Hong Kong's Hang Seng
declined 0.51 percent to close at 20,227.28. Japan's Nikkei 225 fell
0.39 percent to close at 9,009.65. India's BSE Sensex finished at
16,420.05, down 0.36 percent.
Ahead of the opening bell, crude
oil edged 0.76 percent lower to $97.55 per barrel. Gold rose 0.35
percent to $1,595.10 per ounce.
In the currency
market, the euro rose 0.17 percent against the U.S. dollar at 1.2952 and
the British pound edged 0.25 percent higher against the greenback to
1.6168. The dollar edged 0.31 percent higher against the Japanese yen to