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

Apparel and accessories maker Liz Claiborne, Inc. (LIZ: Quote) 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: Quote) 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: Quote) 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: Quote) 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.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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