logo
Share SHARE
FONT-SIZE Plus   Neg

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

Editors Pick
Jeff Bezos is now the world's second richest person. The founder and CEO of e-commerce giant Amazon.com Inc. has leapfrogged Berkshire Hathaway CEO Warren Buffett and Inditex fashion group founder Amancio Ortega to claim the second spot. In the annual letter to shareholders of hedge fund Pershing Square Capital Management L.P, CEO Bill Ackman admitted that the investment in Valeant Pharmaceuticals was a huge mistake. Valeant stock was down 19.2 percent in 2016 and tarnished the image of the hedge fund. A video posted by an outraged mother of her 13-year-old special needs son getting a thorough pat-down by a Transportation Security Administration officer at Dallas/Fort Worth International Airport has gone viral. The Texas woman, Jennifer Williamson, posted the two-minute video to Facebook on Sunday, showing her son who suffers from sensory processing disorder or SPD getting a thorough pat-down.
comments powered by Disqus
Follow RTT