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Outlook roundup: Dover, Panera



By AP
23 July 2008 @ 10:18 am EST

Among the earnings projection stories for Wednesday, July 23, from AP Financial News:

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DOV 32.4 -2.71
PNRA 44.1 -5.04
PX 65.66 -3.52
R 50.68 -2.96

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NEW YORK (AP)--Industrial parts and equipment maker Dover Corp. said it remains confident in its ability to increase earnings per share by at least 12 percent in 2008, implying that it could beat current Wall Street expectations.

ST. LOUIS (AP)--Bakery and cafe operator Panera Bread Co. on Wednesday forecast third-quarter and 2008 profit above Wall Street expectations after second-quarter profit rose 24 percent.

DANBURY, Conn. (AP)--Praxair Inc. on Wednesday forecast third-quarter profit mostly above Wall Street expectations after second-quarter profit for the industrial gases producer rose nearly 20 percent.

NEW YORK (AP)--Trucking company Ryder System Inc. on Wednesday narrowed its full-year earnings prediction and issued a third-quarter forecast within the range of what Wall Street is expecting.

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 This material may not be published, broadcast, rewritten or redistributed.

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