Among the earnings projection stories for Wednesday, May 7, from AP Financial News:
ARLINGTON, Va. (AP) _ Interstate Hotels & Resorts Inc., a hotel management company, lifted its full-year profit outlook Wednesday, but narrowed its revenue per available room growth forecast.
BALTIMORE (AP) _ FTI Consulting Inc., a provider of business advisory services, on Wednesday raised its full-year guidance above Wall Street's estimates, based on strong first-quarter results and current activity levels.
OKLAHOMA CITY (AP) _ OGE Energy Corp. on Wednesday reaffirmed its earnings forecast for the full-year, predicting that a higher expected profit at its natural gas pipeline business will offset lower profit at its electric utility subsidiary.
LINCOLNSHIRE, Ill. (AP) _ Acco Brands Corp., which makes office products, said Wednesday it expects 2008 sales to be close to flat as weak demand continues throughout the year.
CONCORD, N.C. (AP) _ Speedway Motorsports Inc. maintained its full-year earnings forecast Wednesday after reporting a first-quarter profit that surpassed analysts' estimates.
BATON ROUGE, La. (AP) _ Lamar Advertising Co., which owns and operates outdoor advertising and logo sign displays, on Wednesday issued second-quarter sales guidance below Wall Street estimates.
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