Daytrading, Eminis, Forex trading, Swing Trading TOP STORY - 494852

The company now projects full-year earnings per share in the range of $0.78 - $0.84, including an estimated $0.

06 - $0.07 per share stock-based compensation expense. While announcing third-quarter results on October 26, the company had estimated full-year earnings per share of $1.

05, inclusive of an estimated $0.04 - $0.05 per share of stock compensation expense.

On average, 16 analysts polled by First Call/Thomson Financial currently expect the company to post fiscal 2006 earnings of $1.03 per share. The company currently expects fiscal 2006 total sales to be in the range of $905 - $915 million, compared to about $945 million anticipated earlier.

Comparable store sales are now expected to be in the range of negative 7.7% to negative 8.7% for the full-year of 2006, in comparison with the previous forecast of mid-single digit negative comparable stores sales.

Wall Street analysts have a consensus revenue estimate of $933.02 million for the year 2006. Tuesday Morning said it would again be debt free with a solid cash position at year end despite the challenging home related macro environment and promotional competitive landscape.

According to Kathleen Mason, President and Chief Executive Officer, the company has made progress in improving the age and content of its inventories while continuing to generate a positive operating cash flow. Tuesday Morning would report its fourth quarter sales results on January 11, 2007. For the third quarter ended in September, the company recorded adjusted non-GAAP net income of $4.

1 million or $0.10 per share, compared to $8.2 million or $0.

20 per share in the previous year quarter. GAAP net income for the quarter was $3.2 million or $0.

08 per share, compared to $8.2 million or $0.20 per share in the year-ago quarter.

Quarterly sales rose 1.1% to $194.4 million from $192.

3 million in the prior-year quarter. Among Tuesday Morning's competitors, Best Buy Co., Inc.

( | | | ), on December 12 said that it is on track to deliver 2007 earnings per share in the range of $2.65 - $2.80, a 20% growth annually, supported by new store openings, market share gains and expense controls.

The company also indicated that its guidance reflects stronger comparable store sales gains, combined with modestly better expense leverage. Best Buy also expects to generate revenue growth of nearly 16% for the fiscal year, with comparable store sales gain in the range of 4% - 5%, compared to the prior guidance of 3% - 5%. TUES closed Monday's regular trading session at $17.

85, down $0.52, on a volume of 228,600 shares.