ConAgra Foods, Inc. (CAG) is expected to report results for the third quarter. The packaged foods company is expected to earn $0.49 per share on revenues of $3.35 billion. In the year-ago quarter, the company reported earnings of $0.50 per share on revenues of $3.15 billion. The shares closed Wednesday at $26.36. (The stock up about 10% in Q3; MA(50)- $26.62; MA(100)- $26.03; 52-wk H/L $27.34/$22.20)
Dollar General Corp. (DG) is due to post fourth-quarter results. The discount retailer is expected to record earnings of $0.82 per share compared to $0.65 per share last year, on revenues of $4.11 billion. Shares of DG closed Wednesday's trade at $44.75. (The stock rose around 9% in Q4; MA(50)- $42.48; MA(100)- $41.29; 52-wk H/L $45.78/$29.84)
Package delivery giant FedEx Corp. (FDX) is scheduled to report third-quarter results. The company is expected to post earnings of $1.35 per share, higher than the year-ago quarter's $0.81 per share. Also, the company is anticipated to generate revenues of $10.62 billion, up from $9.66 billion in the prior-year quarter. The company's shares closed Wednesday's session at $95.82. (The stock gained nearly 24% in Q3; MA(50)- $92.38; MA(100)- $87.25; 52-wk H/L $98.66/$64.07)
Accenture Plc (ACN) is slated to report results for the second quarter. The company is expected to report a profit of $0.86 per share compared to $0.75 per share last year, on revenues of $6.64 billion. The stock closed Wednesday at $63.75. (The stock up about 2% in Q2; MA(50)- $58.41; MA(100)- $57.27; 52-wk H/L $64.27/$47.40)
Memory chip maker Micron Technology, Inc. (MU) is expected to post second-quarter results. The company is expected to report a loss of $0.19 per share on revenues of $2.02 billion. Last year, earnings and revenue were $0.07 per share and $2.26 billion respectively. The company's shares closed Wednesday's regular trading at $8.74. (The stock rose around 25% in Q2; MA(50)- $8.05; MA(100)- $7.00; 52-wk H/L $11.89/$3.97)
Gamestop Corp. (GME), UTi Worldwide Inc. (UTIW), Cost Plus, Inc. (CPWM), Nike, Inc. (NKE), Steelcase Inc. (SCS) and Wet Seal, Inc. (WTSLA) will also report their results today.
by RTT Staff Writer
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