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

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4/12/2012 5:47 AM ET

Google Inc. (GOOG: Quote) 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: Quote) 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: Quote) 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.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
Stocks moved sharply higher over the course of the trading day on Friday, more than offsetting the weakness seen on Thursday. In a reversal from the previous session, the markets benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official. The major averages saw further upside going into the close, with the Dow and the S&P 500 reaching new record highs. As the IRS targeting scandal continues to make headlines, animal-protection charity People for the Ethical Treatment of Animals, or PETA, claims that conservative groups are not the only ones that have faced increased scrutiny from the agency. While the IRS targeting scandal has taken center stage on Capitol Hill on Friday, the results of a new Gallup poll showed that the American public's interest in the story is comparatively low based on historical measures. The poll showed that 54 percent of Americans are following the news that the IRS targeted conservative groups for greater scrutiny "very" or "somewhat" closely.
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