JDA Software warns of lackluster Q4

JDA Software started 2001 with some bad news for its investors Tuesday, warning that its fourth-quarter sales and earnings will fall well short of analysts’ estimates.

The operations management software developer said delays of certain software licenses to future quarters will result in sales of only $43 million, with licensing sales accounting for $14 million.

JDA Software expects to post a profit of between 7 cents to 9 cents a share in the quarter, well below the current First Call Corp. consensus estimate of 16 cents a share. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor