forecast

Danone SA (OTC: DANOY) cut its estimates for 2012. Danone expects its 2012 operating margin to be 50 basis points lower than in the earlier year. However, it still projects total revenue to surge by 5% to 7%. Danone shares closed at $13.11 yesterday.

Fairfax Media Ltd (OTC: FFXLF) said it projects an 8% y/y decline in its second-half revenue. It expects revenue of A$1.17 billion, down from A$1.23 billion in the first half of 2012. Fairfax projects earnings before interest, tax, depreciation and amortization of around 500 million Australian...

EPAM Systems Inc (NYSE: EPAM) lifted its revenue forecast and announced its plans to acquire Canada-based Thoughtcorp Systems. EPAM now projects Q2 sales of $101 million to $103 million, versus its prior view of $100 million to $102 million. However, analysts were projecting revenue of $101.2...

Parametric Technology Corp (NASDAQ: PMTC) lowered its second-quarter forecast. Parametric Technology now projects Q2 adjusted earnings of $0.26 to $0.28 per share on revenue of $300 million, versus its earlier forecast of $0.32 to $0.36 per share on revenue between $305 million and $320 million...

Illumina Inc (NASDAQ: ILMN) projected Q1 adjusted earnings to come in at or above analysts' estimates. It expects Q1 revenue of about $270 million. However, analysts were expecting earnings of $0.31 per share on revenue of $258 million. ILMN shares closed at $52.61 on Friday.

easyJet PLC (OTRC: ESYJD) lifted its forecast for the six months to the end of March. easyJet now projects a pretax loss of between GBP110 million and GBP120 million for the period, versus its previous forecast of a pretax loss of GBP140 million to GBP160 million.

Belgacom SA (OTC: BGAOY) projected a 1% decline in its 2012 revenue. Belgacom projected 2012 earnings before interest, taxes, depreciation and amortization to drop 5% to 6% in 2011. Belgacom's fourth-quarter net profit declined EUR169 million, from EUR230 million, in the year-ago quarter, in line...

All Nippon Airways Co (OTC: ALNPY) projects a 20% rise in its operating profit in the next financial year. All Nippon Airways (ANA) expects operating profit of 110 billion yen ($1.4 billion) in the year beginning April and projects operating profit of 130 billion yen in the year after that, versus...

Macquarie Group Ltd (OTC: MQBKY) projects a 25% drop in annual profit and announced its plans to buy back up to 10% of its shares. Last financial year, Macquarie posted a net profit of A$956 million. Macquarie shares closed at $27.93 yesterday.

AstraZeneca PLC (NYSE: AZN) announced its plans to lower 7,300 jobs to cut costs. It also projects a decline in its earnings this year. AstraZeneca expects core earnings per share, excluding some items, between $6.00 and $6.30, versus $7.28 in 2011. AstraZeneca's Q4 net profit dropped 8.3% to $1...

Rimage Corp (NASDAQ: RIMG) lowered its fiscal fourth-quarter forecast. Rimage now projects a Q4 loss of $0.12 to $0.14 per share on revenue of around $22 million, versus its earlier forecast for a loss of $0.02 to earnings of $0.01 per share on revenue of $24 million to $26 million. Rimage...

SPX Corp (NYSE: SPW) expects full-year 2012 net income of $4.70 to $5.10 per share on revenue of $6 billion to $6.25 billion. Analysts were expecting a profit of $5.27 per share on revenue of $6.15 billion. SPX shares gained 0.38% to close at $65.55 yesterday.

Walter Energy Inc (NYSE: WLT) lowered its Q4 earnings forecast. WLT also cut its output estimate for the year. The company also projected full-year metallurgical coal output between 11.5 million and 13 million metric tons, down from its previous view of 13 million to 14 million metric tons. WLT...

Dana Holding Corp (NYSE: DAN) lifted its 2011 sales forecast. Dana projects 2011 sales to surge 25% to $7.6 billion, from its previous forecast of 24% growth. Dana projects adjusted earnings of $1.60 per share. However, analysts were expecting earnings of $1.65 per share on revenue of $7.61...

Jones Group Inc (NYSE: JNY) lowered its fourth-quarter revenue projections. Jones Group now projects Q4 revenue of $892 to $895 million, versus its earlier forecast of $918 to $961 million. However, analysts were projecting revenue of $940 million. Jones Group expects Q1 revenue of $930 to $955...