logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For February 29 (LIZ, SPLS, YGE, CNP)

Apparel and accessories maker Liz Claiborne, Inc. (LIZ) is slated to report results for the fourth quarter. The company is expected to record a profit of $0.10 per share on revenues of $477.50 million. In the year-ago quarter, the company reported loss of $0.03 per share on revenues of $703.75 million. The company's shares closed Tuesday's regular trade at $10.39. (The stock surged about 73% in Q4; MA(50)- $9.27; MA(100)- $8.51; 52-wk H/L $10.50/$4.02)

Staples, Inc. (SPLS) is due to post quarterly results. For the fourth quarter, the office supplies retailer is expected to earn $0.40 per share versus $0.39 per share last year, with revenues estimated at $6.45 billion. SPLS closed Tuesday's session at $16. (The stock rose almost 5% in Q4; MA(50)- $14.89; MA(100)- $14.73; 52-wk H/L $21.50/$11.94 )

Chinese solar energy company Yingli Green Energy Holding Co. (YGE) is scheduled to report fourth-quarter results. Loss and revenue for the quarter are expected to be $0.26 per share and $422.33 million respectively. A year earlier, the company reported earnings of $0.52 per share on revenues of $616.09 million. On Tuesday, the stock closed at $3.91. (The stock gained nearly 23% in Q4; MA(50)- $4.33; MA(100)- $4.09; 52-wk H/L $13.14/$2.75 )

CenterPoint Energy, Inc. (CNP) is expected to report results for the fourth quarter. The electric and natural gas utility company is expected to report earnings of $0.19 per share, lower than last year's $0.21 per share, on revenues of $2.51 billion. CNP closed Tuesday's session at $18.52. (The stock up about 3% in Q4; MA(50)- $19.11; MA(100)- $19.53; 52-wk H/L $21.47/$15.09)

Additionally, Joy Global Inc. (JOY), Weatherford International, Ltd. (WFT), Edison International (EIX), Finisar Corp. (FNSR), MBIA Inc. (MBI), PetSmart, Inc. (PETM) and Sotheby's (BID) will report their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Internet access is growing worldwide, but there is still a long way to go before the entire world is completely wired, a study from the Pew Research Center has found. The study also noted that men have greater access to the Internet than women in many nations. Backtracking on its early announcements on digital privacy, WhatsApp is planning to share member information, phone numbers and analytical data with Facebook, to make revenue from the platform. Discount retailers Dollar Tree Inc. and Dollar General Corp. both reported results for the second quarter that missed analysts' expectations. Looking ahead, Dollar Tree also forecast revenue for the third quarter below analysts' estimates and lowered its full-year revenue outlook. Shares of both companies are falling in pre-market activity.
comments powered by Disqus
Follow RTT