logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For April 11 (PGR, APOG)

Progressive Corp. (PGR) is due to post quarterly results. For the first quarter, earnings are expected to decline to $0.39 per share from $0.45 per share in the prior year. Besides, for the quarter, the auto insurance group is anticipated to generate revenues of $4.11 billion, higher than last year's $3.90 billion. PGR closed Tuesday's session at $22.75. (The stock rose almost 21% in Q1; MA(50)- $21.98; MA(100)- $20.54; 52-wk H/L $23.41/$16.88)

Apogee Enterprises, Inc. (APOG) is scheduled to report results for the fourth quarter. The company is expected to report earnings of $0.06 per share compared to the loss of $0.12 per share last year, on revenues of $166.51 million. The shares closed trade on Tuesday at $13.01. (The stock up about 6% in Q4; MA(50)- $13.59; MA(100)- $12.77; 52-wk H/L $15.05/$7.79)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Drug major Johnson & Johnson Tuesday said it expects higher earnings and sales for its fiscal 2017, which are below market estimates. The company also reported solid fourth-quarter results, with adjusted earnings above market estimates, while sales missed their view, despite a growth. In pre-market activity on the NYSE, Johnson & Johnson shares were losing 1.68 percent. Verizon Communications Inc. (VZ) reported fourth-quarter adjusted earnings per share of $0.86 compared to $0.89, prior year. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $0.89 for the quarter. Analysts' estimates typically exclude special items.... German business software maker SAP AG on Tuesday raised its forecast for fiscal 2017 and 2020, after reporting higher profit and revenues in its fourth quarter. For fiscal 2017, SAP now expects non-IFRS operating profit in a range of 6.8 billion euros to 7.0 billion euros at constant currencies, compared to 6.63 billion euros in 2016.
comments powered by Disqus
Follow RTT