Among the earnings projection stories for Wednesday, April 23, from AP Financial News:
NEW YORK (AP) _ Ryder System Inc. on Wednesday raised its earnings forecast for the full year, expecting cost cuts and efficiency improvements to counter weak market conditions.
BROOKINGS, S.D. (AP) _ Daktronics Inc. slashed its fiscal fourth-quarter earnings forecast Wednesday, citing delayed bookings and contract design approvals as well as fewer Galaxy message sign orders.
FORT WORTH, Texas (AP) _ Oil and natural-gas company XTO Energy Inc. on Wednesday said it now expects it to post 2008 production volume growth of 23 percent, up from its previous projection of 20 percent.
NEW YORK (AP) _ WebMD Health Corp., a health information Web site operator, on Wednesday cut its 2008 profit and revenue guidance and said its first-quarter revenue and net income will likely come in at the high end of its guidance range.
BETHESDA, Md. (AP) _ Host Hotels & Resorts Inc., a lodging real estate investment trust, said Wednesday it expects full-year funds from operations in range of analysts' estimates on higher same-store hotel revenue per available room.
MALIBU, Calif, (AP) _ Toy maker Jakks Pacific Inc. said Wednesday it expects to meet its 2008 profit and sales targets, which are below current Wall Street estimates.
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