Fred's, Inc. (FRED: Quote) is expected to report results for the first quarter. The company is expected to earn $0.27 per share on revenues of $500.86 million. In the year-ago quarter, the company reported earnings of $0.24 per share on revenues of $484.40 million. The stock closed Wednesday at $14.41. (The stock up about 1% in Q1; MA(50)- $14.31; MA(100)- $14.35; 52-wk H/L $15.27/$10.27)
Ketchup king H. J. Heinz Co. (HNZ: Quote) is due to post fourth-quarter results. The company is expected to record earnings of $0.79 per share compared to $0.71 per share last year, on revenues of $3.07 billion. Shares of HNZ closed Wednesday's trade at $53.86. (The stock stood flat in Q4; MA(50)- $53.39; MA(100)- $53.05; 52-wk H/L $55.47/$48.17)
Tiffany & Co. (TIF: Quote) is scheduled to report first-quarter results. Quarterly earnings of the luxury - jewelry retailer are expected to rise to $0.69 per share from $0.67 per share in the same quarter a year earlier. Also, the company is anticipated to generate revenues of $817.45 million, up from $761.02 million recorded a year ago. The company's shares closed Wednesday's regular session at $61.80. (The stock gained nearly 5% in Q1; MA(50)- $66.99; MA(100)- $65.87; 52-wk H/L $84.49/$56.21)
Patterson Companies Inc. (PDCO: Quote), Semtech Corp. (SMTC: Quote) and VeriFone Systems, Inc. (PAY: Quote) will also report their results today.
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by RTT Staff Writer
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