Publishing and design software maker Adobe Systems Inc. (ADBE: Quote) is due to post second-quarter results after the market closes. The company is expected to record earnings of $0.59 per share compared to $0.55 per share last year, on revenues of $1.11 billion. Shares of ADBE closed Monday's trade at $32.63. (The stock up around 21% in Q2; MA(50)- $32.33; MA(100)- $32.67; 52-wk H/L $34.78/$22.67)
Barnes & Noble, Inc. (BKS: Quote) is expected to report results for the fourth quarter before the market opens today. The bookstore chain is expected to report a loss of $0.93 per share on revenues of $1.48 billion. In the year-ago quarter, the company posted loss of $1.04 per share on revenues of $1.37 billion. The shares closed Monday at $15.24. (The stock declined almost 8% in Q4; MA(50)- $15.50; MA(100)- $14.39; 52-wk H/L $26.00/$9.35)
Prior to opening of the market, package delivery giant FedEx Corp. (FDX: Quote) is slated to report results for the fourth quarter. The company is expected to report a profit of $1.94 per share versus $1.75 per share last year, with revenues estimated at $11.13 billion. The stock closed Monday at $88.51. (The stock gained nearly 10% in Q4; MA(50)- $87.98; MA(100)- $90.28; 52-wk H/L $98.66/$64.07)
Jabil Circuit Inc. (JBL: Quote) is scheduled to report third-quarter results after the market closes. The contract electronics manufacturer is expected to post earnings of $0.64 per share, higher than the year-ago quarter's $0.58 per share. Also, the company is anticipated to generate revenues of $4.29 billion versus $4.23 billion in the prior-year quarter. The company's shares closed Monday's session at $19.01. (The stock rose around 28% in Q3; MA(50)- $20.78; MA(100)- $23.00; 52-wk H/L $27.40/$13.94)
Additionally, La-Z-Boy Inc. (LZB: Quote), Discover Financial Services (DFS: Quote) and Jefferies Group, Inc. (JEF: Quote) will report their results today.
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by RTT Staff Writer
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