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Outlook Roundup: DuPont, Novatel

By Associated Press February 20, 2008 Comments (0)

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Among the earnings projection stories for Wednesday, Feb. 20, from AP Financial News:

NEW YORK (AP) _ Chemicals maker DuPont Co. on Wednesday backed its previous profit predictions for the first quarter and the full year 2008.

SAN DIEGO (AP) _ After reporting its fourth-quarter profit jumped, Novatel Wireless Inc., which makes wireless PC cards and modems, predicted Wednesday that its first-quarter results will miss analysts' expectations.

PORTLAND, Ore. (AP) _ Restaurant operator McCormick & Schmick's Seafood Restaurants Inc. on Wednesday said it is taking a "conservative" approach to guidance and offered a fiscal 2008 profit outlook that missed analyst expectations.

MOUNTAIN VIEW, Calif. (AP) _ Synopsys Inc. issued earnings forecasts for the next quarter and full-year in the range of Wall Street estimates on Wednesday.

LIBERTY LAKE, Wash. (AP) _ Itron Inc., which makes meter reading equipment for utilities, said Wednesday it expects its first-quarter and full-year 2008 revenue to exceed Wall Street's expectations.

STAMFORD, Conn. (AP) _ Crane Co., which makes highly engineered industrial products, said Wednesday it plans to back its financial targets at an investor presentation on Thursday.

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