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Earnings Watch For April 12 (GOOG, JBHT, RAD)

Google Inc. (GOOG) is due to report results for the first quarter. The company is expected to record a profit of $9.65 per share on revenues of $8.14 billion. Last year, the company earned $8.08 per share on revenues of $6.54 billion. The company's shares closed Wednesday's trade at $635.96. (The stock dropped around 1% in Q1; MA(50)- $619.17; MA(100)- $617.22; 52-wk H/L $670.25/$473.02)

JB Hunt Transport Services Inc. (JBHT) is scheduled to post first-quarter results. The company is expected to earn $0.52 per share compared to $0.40 per share last year, with revenues estimated at $1.15 billion. JBHT closed Wednesday's session at $54.50. (The stock up about 21% in Q1; MA(50)- $52.75; MA(100)- $49.16; 52-wk H/L $56.09/$34.42)

Drugstore chain operator Rite Aid Corp. (RAD) is slated to report results for the fourth quarter. The company is expected to report a loss of $0.14 per share on revenues of $7.03 billion. In the same quarter a year earlier, the company posted loss of $0.24 per share on revenues of $6.46 billion. The stock closed Wednesday at $1.70. (The stock surged almost 38% in Q4; MA(50)- $1.68; MA(100)- $1.47; 52-wk H/L $2.12/$0.85)

Bank of the Ozarks, Inc. (OZRK), Commerce Bancshares, Inc. (CBSH) and Fastenal Co. (FAST) will also report their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents. Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent. Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines
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