CarMax Inc. (KMX: Quote), a retailer of used vehicles, will report its quarterly results before the market opens today. The company is expected to report earnings of $0.53 per share on revenues of $2.81 billion for the first quarter. In the same quarter a year earlier, the company earned $0.55 per share on revenues of $2.68 billion. The stock closed Wednesday at $27.90. (The stock rose almost 14% in Q1; MA(50)- $29.42; MA(100)- $30.80; 52-wk H/L $35.17/$22.77)
Rite Aid Corp. (RAD: Quote) is due to report results for the first quarter. The drugstore chain operator is expected to post a loss of $0.03 per share on revenues of $6.43 billion, while in the year-ago quarter, loss and revenue were $0.07 per share and $6.39 billion respectively. The company's shares closed Wednesday's trade at $1.17. (The stock surged around 38% in Q1; MA(50)- $1.37; MA(100)- $1.52; 52-wk H/L $2.12/$0.85)
Prior to opening of the market, ConAgra Foods, Inc. (CAG: Quote) is slated to report fourth-quarter results. The company is expected to earn $0.50 per share compared to $0.47 per share last year. Besides, the company is anticipated to generate revenues of $3.38 billion, up from $3.21 billion recorded a year ago. On Wednesday, the shares closed regular trade at $24.60. (The stock stood almost flat in Q4; MA(50)- $25.42; MA(100)- $25.93; 52-wk H/L $27.34/$22.20)
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by RTT Staff Writer
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