logo
Share SHARE
FONT-SIZE Plus   Neg

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

Consumer electronics retailer Best Buy Co. Inc. (BBY) 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) 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) 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), Shaw Group Inc. (SHAW), Worthington Industries, Inc. (WOR) and Xyratex Ltd. (XRTX) are also due to report their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Low-cost airline Allegiant Air announced its order for brand-new aircraft for the first time in its history. The carrier announced on Friday it had reached a deal to purchase 12 current-generation models of Airbus' A320 narrow-body jets. The company termed the deal as "another step towards Allegiant's... Los Angeles City officials have filed criminal charges against Soylent CEO Robert Rhinehart for placing a bright red shipping container on Montecito Heights hillside as part of his "experiment in sustainable living." City Attorney Mike Feuer Friday announced that his office has filed multiple criminal... A new study says that if Hillary Clinton is elected then her proposals will strengthen the U.S. economy and create millions of jobs. According to Moody's Analytics, Hillary Clinton's economic proposal would oversee a "somewhat stronger U.S. economy." The conclusion was reached after assessing her...
comments powered by Disqus
Follow RTT