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Earnings Watch For March 15 (ROST, SCHL, WGO, WNI)

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3/15/2012 5:18 AM ET

Ross Stores, Inc. (ROST: Quote) is scheduled to post results for the fourth quarter. The off-price retail store chain is expected to record a profit of $0.85 per share compared to $0.69 per share last year, with revenues estimated at $2.39 billion. The company's shares closed regular trade on Wednesday at $56.57. (The stock up about 21% in Q4; MA(50)- $52.24; MA(100)- $48.73; 52-wk H/L $57.20/$33.50)

Scholastic Corp. (SCHL: Quote) is due to report quarterly results. For the third quarter, the company is expected to report a loss of $0.70 per share on revenues of $393 million. In the year-ago quarter, the company reported loss of $0.68 per share on revenues of $393.70 million. SCHL closed Wednesday's session at $31.88. (The stock rose almost 7% in Q3; MA(50)- $30.49; MA(100)- $28.80; 52-wk H/L $32.58/$23.32) Motor-homes manufacturer Winnebago Industries, Inc. (WGO: Quote) will post its results today. For the first quarter, the company is expected to report earnings of $0.02 per share compared to $0.11 per share last year. Also, the company is anticipated to generate revenues of $120.07 million for the quarter. On Wednesday, the stock closed at $8.90. (The stock gained nearly 7% in Q1; MA(50)- $8.98; MA(100)- $8.06; 52-wk H/L $15.77/$6.02)

Schiff Nutrition International Inc. (WNI: Quote) is slated to report third-quarter results. Earnings and revenue for the quarter are expected to be $0.13 per share and $65.55 million respectively. Last year, the company earned $0.18 per share on revenues of $57.74 million. WNI closed Wednesday's trade at $11.03. (The stock dropped around 3% in Q3; MA(50)- $10.74; MA(100)- $11.27; 52-wk H/L $13.02/$8.42)

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by RTT Staff Writer

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Stocks have moved modestly higher in early trading on Tuesday, benefiting from a positive reaction to some upbeat earnings news. The major averages have all moved to the upside, offsetting the slim losses posted in the previous session. The major averages are currently posting modest gains, near their highs for the young session. U.K. consumer price inflation slowed more-than-expected to a seven-month low in April on falling petrol and air fares, official data revealed Tuesday. The slowdown provides relief for consumers as it raises purchasing power, while it gives more scope for the central bank to ease monetary policy. President Barack Obama reportedly plans to deliver a much-anticipated speech on Thursday outlining his administration's evolving counterterrorism policies. Multiple news sources cited a White House official as saying that Obama will address the use of drones and plans to close the detention facility at Guantanamo Bay in a speech at the National Defense University.
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