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

Monsanto Co. (MON) 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) 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) 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), A. Schulman, Inc. (SHLM) and Ruby Tuesday, Inc. (RT) are also expected to report their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
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