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Earnings Watch For April 4 (MON, SHLM, ANGO, BBBY, RT, AYI)

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4/4/2012 5:26 AM ET

Monsanto Co. (MON: Quote) is expected to report results for the second quarter. The agricultural products maker is expected to report earnings of $2.12 per share, higher than last year's $1.87 per share, on revenues of $4.53 billion. MON closed Tuesday's session at $81.80. (52-wk H/L $83.95/$58.89)

Bed Bath & Beyond Inc. (BBBY: Quote) is slated to report fourth quarter results. Quarterly earnings are expected to rise to $1.33 per share from $1.12 per share posted a year ago. Also, the company is anticipated to generate revenues of $2.66 billion, up from $2.50 billion in the prior-year quarter. The stock closed Tuesday at $66.99. (52-wk H/L $68.20/$47.89)

Medical device maker AngioDynamics Inc. (ANGO: Quote) is scheduled to report third quarter results. The company is expected to earn $0.08 per share on revenues of $51.34 million for the quarter. In the previous year, earnings and revenue were $0.15 per share and $54.65 million respectively. On Tuesday, the shares closed trade at $12.46. (52-wk H/L $16.60/$12.05)

Acuity Brands, Inc. (AYI: Quote), A. Schulman, Inc. (SHLM: Quote) and Ruby Tuesday, Inc. (RT: Quote) are also expected to report their results today.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved sharply higher over the course of the trading day on Friday, more than offsetting the weakness seen on Thursday. In a reversal from the previous session, the markets benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official. The major averages saw further upside going into the close, with the Dow and the S&P 500 reaching new record highs. As the IRS targeting scandal continues to make headlines, animal-protection charity People for the Ethical Treatment of Animals, or PETA, claims that conservative groups are not the only ones that have faced increased scrutiny from the agency. While the IRS targeting scandal has taken center stage on Capitol Hill on Friday, the results of a new Gallup poll showed that the American public's interest in the story is comparatively low based on historical measures. The poll showed that 54 percent of Americans are following the news that the IRS targeted conservative groups for greater scrutiny "very" or "somewhat" closely.
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