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Stock Market & Financial Investment News

News Breaks
March 11, 2013
10:00 EDTLAYNLayne Christensen reports preliminary Q4 EPS ($1.28)-($1.18) including charges
Consensus is (25c). Sees Q4 revenue approximately $230M, consensus $261.9M. Says intends to generate about $20M in upcoming months via non-strategic asset sales. For FY14, sees $10M-$20M of CapEx requests. For FY15, sees meaningful revenue generation, targeting 25% EBIT margins, sees $200M in revenue business by FY17. Comments taken from Investor Presentation slides.
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June 5, 2013
07:06 EDTLAYNLayne Christensen reports Q1 EPS ex-items (81c), consensus (21c)
Reports Q1 revenue $226.4M, consensus $251.8M. Q1 was significantly impacted by losses at Geoconstruction, higher corporate expenses, primarily from the company's move to Texas, and substantial quarter-over-quarter reductions in Mineral Exploration revenues and profitability.
June 4, 2013
15:16 EDTLAYNNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Cyberonics (CYBX), consensus 43c; Hovnanian Enterprises (HOV), consensus (5c); Thermon Group (THR), consensus 24c; Layne Christensen (LAYN), consensus (10c); Streamline Health (STRM), one estimate (6c).

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