Breaking News
FONT-SIZE Plus   Neg
Share SHARE

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.

Register
To receive FREE breaking news email alerts for Liz Claiborne Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Indonesia's inflation accelerated in September on food and utility costs, data from the Central Statistics Agency showed Wednesday. The trade balance swung into deficit in August as import growth exceeded the increase in exports. Inflation rose to 4.53 percent in September from 3.99 percent in... The U.K. economy grew more than estimated in the second quarter and the current account deficit widened from the first quarter, the Office for National Statistics said Tuesday. Gross domestic product grew 0.9 percent sequentially, up from the prior estimate of 0.8 percent. The annual growth was confirmed at 3.2 percent. Eurozone inflation slowed in September, as expected, to the lowest since late 2009 and the unemployment rate remained stable at a double digit level in August putting pressure on the European Central Bank to launch a full-blown easing. Inflation came in at 0.3 percent, slower than August's 0.4 percent. This was the lowest since October 2009, when prices fell 0.1 percent.
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.