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Earnings Watch For March 29 (BBY, RIMM, TIBX)

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3/29/2012 5:19 AM ET

Consumer electronics retailer Best Buy Co. Inc. (BBY: Quote) is scheduled to report fourth-quarter results. The company is expected to post earnings of $2.16 per share, higher than the year-ago quarter's $1.98 per share. Also, the company is anticipated to generate revenues of $17.21 billion, up from $16.26 billion in the prior-year quarter. The company's shares closed Wednesday's session at $26.62. (The stock up about 1% in Q4; MA(50)- $25.28; MA(100)- $25.45; 52-wk H/L $32.85/$21.79)

Research In Motion Ltd. (RIMM: Quote) is slated to report results for the fourth quarter. The smartphone maker is expected to earn $0.81 per share compared to $1.78 per share last year, on revenues of $4.54 billion. The stock closed Wednesday at $13.67. (The stock plunged around 29% in Q4; MA(50)- $14.94; MA(100)- $15.65; 52-wk H/L $57.32/$12.45)

TIBCO Software Inc. (TIBX: Quote) is expected to post first-quarter results. The company is expected to report earnings of $0.19 per share on revenues of $222.36 million. Last year, earnings and revenue were $0.16 per share and $185.34 million respectively. The company's shares closed Wednesday's regular trading at $31.01. (The stock rose around 7% in Q1; MA(50)- $28.44; MA(100)- $27.21; 52-wk H/L $32.20/$18.43)

Cache Inc. (CACH: Quote), Shaw Group Inc. (SHAW: Quote), Worthington Industries, Inc. (WOR: Quote) and Xyratex Ltd. (XRTX: Quote) are also due to report their results today.

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by RTT Staff Writer

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