Breaking News
FONT-SIZE Plus   Neg
Share SHARE

Earnings Watch For February 27 (AES, LOW, CECO, PCLN, URS)

Power company AES Corp. (AES: Quote) is slated to report fourth-quarter results. It is expected that the company will earn $0.22 per share compared to $0.23 per share last year, on revenues of $3.46 billion. The stock closed Friday at $13.80. (The stock up about 21% in Q4; MA(50)- $12.63; MA(100)- $11.92; 52-wk H/L $14.01/$9)

Lowe's Companies, Inc. (LOW: Quote) is scheduled to report fourth-quarter results. The world's second largest home improvement retailer is expected to post earnings of $0.24 per share on revenues of $11.34 billion. In the prior year, the company earned $0.21 per share on revenues of $10.48 billion. LOW closed Friday's trade at $27.16. (The stock gained nearly 32% in Q4; MA(50)- $26.42; MA(100)- $24.34; 52-wk H/L $28.46/$18.07)

Career Education Corp. (CECO: Quote) is expected to report quarterly results. For the fourth quarter, the company is anticipated to record a profit of $0.26 per share, a decline from $0.81 per share in the year-ago quarter, with revenues estimated at $436.52 million. The company's shares closed Friday's session at $11.93. (The stock plunged almost 39% in Q4; MA(50)- $9.50; MA(100)- $10.30; 52-wk H/L $27.60/$6.22)

Online travel services provider priceline.com Inc. (PCLN: Quote) is due to report results for the fourth quarter. Earnings and revenue for the quarter are expected to be $5.05 per share and $967.91 million respectively. Last year, the company earned $3.40 per share on revenues of $731.32 million. The stock closed Friday at $590.41. (The stock up about 4% in Q4; MA(50)- $513.59; MA(100)- $503.73; 52-wk H/L $595.84/$411.26)

URS Corp. (URS: Quote) will post fourth-quarter results today. Quarterly earnings are expected to rise year-over-year to $0.98 per share from $0.75 per share. Also, the company is anticipated to generate revenues of $2.54 billion for the quarter. URS closed Friday's regular trade at $46.62. (The stock gained nearly 18% in Q4; MA(50)- $39.40; MA(100)- $37.01; 52-wk H/L $47.28/$27.93)

Additionally, Cooper Tire & Rubber Co. (CTB: Quote), El Paso Corp. (EP: Quote), El Paso Pipeline Partners LP (EPB: Quote), Valeant Pharmaceuticals International, Inc. (VRX: Quote), Visteon Corp. (VC: Quote), Cray Inc. (CRAY: Quote), Human Genome Sciences, Inc. (HGSI: Quote), Sina Corp. (SINA: Quote) and Vornado Realty Trust (VNO: Quote) are expected to report their results today.

Register
To receive FREE breaking news email alerts for The AES Corporation and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Beverages giant Coca-Cola Co. reported Tuesday a profit for the third quarter that decreased 14 percent from last year, despite higher worldwide volumes, reflecting a revenue drop. Adjusted earnings per share matched analysts' expectations, even as quarterly revenues missed their estimates. Following the announcement, the company's shares are trading more than five percent lower in early deals. Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Programmable chipmaker Xilinx Inc. (XLNX) said Thursday after the markets closed that its second quarter profit rose 21% from last year, helped by higher revenue and better cost control. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue....
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.