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Earnings Watch For April 5 (KMX, STZ, PIR, WDFC)

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CarMax Inc. (KMX: Quote) is slated to report results for the fourth quarter. For the quarter, the used car dealer is expected to earn $0.40 per share on revenues of $2.41 billion, up from last year's earnings of $0.38 per share on revenues of $2.25 billion. The company's shares closed Wednesday's regular trade at $34.92. (52-wk H/L $ 35.17$22.77)

Wine and spirits maker Constellation Brands, Inc. (STZ: Quote,STZ-B: Quote) is due to post quarterly results. For the fourth quarter, earnings are expected to rise year-over-year to $0.38 per share from $0.35 per share. Also, the company is anticipated to record revenues of $626.40 million, lower than $715.30 million recorded a year ago. On the NYSE, STZ closed Wednesday's session at $24.69. (52-wk H/L $24.87/$16.42)

Pier 1 Imports, Inc. (PIR: Quote) will post its fourth quarter results before the market opens. For the quarter, the home furnishings retailer is expected to record a profit of $0.48 per share, flat with last year. The Fort Worth, Texas based company is anticipated to report revenues of $472.09 million, higher than the year-ago quarter's $426.58 million . On the NYSE, the shares closed Wednesday at $18.26. (52-wk H/L $19.09/$8.60)

WD-40 Company (WDFC: Quote), a maker of specialty chemicals, is slated to report second-quarter results after the market closes. The company is expected to earn $0.54 per share versus $0.53 per share last year. Also, the company is anticipated to generate revenues of $85.30 million, up from the prior-year quarter's $79.21 million. The stock closed Wednesday at $44.68. (52-wk H/L $47.97/$35.37)

RPM International Inc. (RPM: Quote) and Schnitzer Steel Industries Inc. (SCHN: Quote) will also report their results today.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
Consumers spent less in July than in the previous month, a surprise retreat that complicates the prevailing belief that the U.S. economic situation is improving. Along with the unexpected drop in spending, government figures released on Friday showed that incomes rose at a slower pace in July than in the previous month. Meanwhile, data on prices indicated that inflation pressures remain tame. India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5.5 percent expansion. The economy grew 4.6 percent in the previous three months. Eurozone inflation slowed as expected in August on falling energy prices giving room for the central bank to support demand and economic recovery without stoking inflation and help the region to create more jobs. The unemployment rate remained unchanged at an elevated level in July. Nonetheless, it was at the lowest since September 2012.
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