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

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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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After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading day on Friday. With the gains on the day, the markets are extending the upward trend seen over the past several sessions. In another troubling sign for Democrats, the results of a Gallup poll released on Friday show that Tea Party Republicans are much more motivated to vote in the upcoming midterm elections than other Americans. The poll found that 73 percent of Tea Party Republicans are "extremely" or "very" motivated to vote in this year's elections. Stocks are showing a lack of direction in early trading on Friday after ending the previous session sharply higher. The major averages have been bouncing back and forth across the unchanged line, unable to sustain any significant moves.
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