JDA Software Shares Plunged: What You Need to Know (JDAS)

JDA Software Shares Plunged: What You Need to Know

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of JDA Software (Nasdaq: JDAS ) plunged today by as much as 16% after the company announced preliminary fourth-quarter results last night.

So what: The figures aren't complete quite yet, hence the "preliminary" part, but revenue is expected to be roughly $173 million, shy of the Street consensus of $180.8 million. Full-year revenue is pegged near $670 million, in line with the midpoint of the company's own guidance range but short of the $678.4 million analyst expectation.

Now what: For fiscal 2011, earnings per share are estimated between $2 and $2.20, compared with the $2.22 that the market was looking for. The digits come up short in virtually all categories relative to what the Street was hoping for. JDA CEO Hamish Brewer said the company saw an "unanticipated shortfall" in software license sales in the fourth quarter but intends to "better understand" the company's North American software spending plans in the coming quarter.

Interested in more info on JDA Software? Add it to your watchlist.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool contributor Evan Niu holds no position in any company mentioned. Check out his holdings and a short bio. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.