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

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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
The Bank of Spain on Wednesday boosted its growth projections for Spain this year and the next after the economy grew at a faster rate in the second quarter. In its monthly economic bulletin, the bank raised the growth forecast for this year to 1.3 percent from the 1.2 percent seen previously. The projection for the next year was lifted to 2 percent from 1.7 percent. Bank of England policymakers unanimously decided to maintain the key interest rate and quantitative easing at the meeting held on July 9 and 10, but signaled the possibility of a rate hike late this year as growth became more established. Apple Inc. said Tuesday after the markets closed that its third quarter profit rose 12% from last year, as sales surged and margins improved amid strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations, but its quarterly sales fell short of analysts' forecast.
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