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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

Business News

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Denver, Colorado based low-cost carrier Frontier Airlines will expand its services to 21 cities. The airline which serves 80 cities in the U.S., Mexico and the Dominican Republic is planning to add 85 new routes. Abbott Laboratories (ABT) reported a profit for the second-quarter 2017 declined about 54.1 percent from last year, hurt by higher costs. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. Abbott raised its full-year 2017 earnings per share guidance range. Consumer goods giant Unilever plc reported Thursday higher profit in its first half, with increased sales and margin. Looking ahead, the company said it is on track for another year of underlying sales growth ahead of markets.
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