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Outlook roundup: United Rentals, Cache

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April 30, 2008

Among the earnings projection stories for Wednesday, April 30, from AP Financial News:

GREENWICH, Conn. (AP) -- United Rentals Inc. cut its full-year earnings target after reviewing forecasts for industry spending, the equipment rental company said Tuesday.

NEW YORK (AP) -- Women's apparel retailer Cache Inc. on Wednesday guided for second-quarter results within range of analyst estimates, saying it expects the consumer spending environment to remain weak in the second quarter.

CANTON, Ohio (AP) -- Specialty alloy maker Timken Co. said Wednesday it expects second-quarter earnings per share of between 73 and 83 cents, compared with 73 cents per share in the year-earlier quarter.

LIVONIA, Mich. (AP) -- TRW Automotive Holdings Corp. raised its full-year financial targets after first-quarter earnings handily beat Wall Street forecasts.

ARLINGTON, Va. (AP) -- Strayer Education Inc. said Wednesday it expects second-quarter earnings to beat current analysts' estimates due to strong spring term enrollment growth.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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