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

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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.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
Oracle Corp. said Wednesday after the markets closed that its second quarter profit fell 2% from last year, hurt mainly by higher income tax expenses even as revenue increased 3%. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Apple's iPhone-based Apple Pay system is gaining momentum nationwide with a host of new banks and retailers signing on. The system allows users to link a credit card directly to their device for payments and Apple now says they have deals with banks that account for 90 percent of the debit card transactions in the US. The current drop in fuel prices could lead to a major sales dip for electric automaker Tesla, according to some industry experts. The Elon Musk led manufacturer had predicted sales of over 500,000 new vehicles by 2020, but now that number could fall by as much as 40 percent.
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