InPlay: Belo beats by $0.06, misses on revs (Briefing.com)

yahoo.com     Jul 25, 2008            

8:50AM NuStar Energy reports Q2 (Jun) results, beats on revs 44.56 : Reports Q2 (Jun) earnings of $0.15 per share, includes items, may not be comparable to the First Call consensus of $0.62 (break-even earnings estimate that was communicated in the interim second quarter guidance update); revenues rose 329.1% year/year to $1.38 bln vs the $1.06 bln consensus. "We continue to believe third quarter 2008 earnings will be exceptionally strong and the contribution from the asphalt business for 2008, even with the hedging loss, to be in the EBITDA range previously communicated." 8:46AM Lucas Energy announces a 1 mln share stock buyback program 2.88 : 8:33AM S&P futures vs fair value: +7.1. Nasdaq futures vs fair value: +9.8. : Stock futures have picked up following upbeat economic data. Durable goods orders made during June... [read full story]                    


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