Breaking News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Earnings Watch For June 29 (STZ, KBH, FINL)

RELATED NEWS
Trade STZ now with 
6/29/2012 5:09 AM ET

Wine and spirits maker Constellation Brands Inc. (STZ: Quote) is expected to report results for the first quarter before the market opens today. The company is expected to earn $0.39 per share, flat with last year, on revenues of $646.64 million. The shares closed Thursday at $21.76. (The stock up about 14% in Q1; MA(50)- $20.09; MA(100)- $21.20; 52-wk H/L $24.87/$16.42)

Prior to opening of the market, KB Home (KBH: Quote) is due to post second-quarter results. The home builder is expected to report a loss of $0.34 per share versus loss of $0.89 per share last year, with revenues estimated at $301.30 million. Shares of KBH closed Thursday's trade at $8.70. (The stock surged around 33% in Q2; MA(50)- $7.86; MA(100)- $9.23; 52-wk H/L $13.12/$5.02)

Shoes and apparel retailer Finish Line Inc. (FINL: Quote) is scheduled to report first-quarter results before the market opens today. The company is expected to report earnings of $0.23 per share, a decline from $0.30 per share earned a year ago. Also, the company is anticipated to generate revenues of $320.68 million compared to $299.47 million in the prior-year quarter. The company's shares closed Thursday's session at $18.68. (The stock gained nearly 10% in Q1; MA(50)- $20.78; MA(100)- $21.97; 52-wk H/L $26.16/$16.42)

Register
To receive FREE breaking news email alerts for Constellation Brands Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks have moved mostly higher over the course of the trading day on Monday, recovering from an early move to the downside. The turnaround by the markets extends a recent trend of traders buying on early dips, often leading to a higher close. The major averages have seen some further upside in recent trading, reaching new highs for the session. A second union representing immigration enforcement officers has expressed opposition to the Senate version of comprehensive immigration reform legislation, arguing that the bill fails to address the "insurmountable bureaucracy" at the agency that oversees lawful immigration to the U.S. Thailand lowered its full-year growth outlook after weaker domestic demand and exports weighed on economic activity in the first three months of the year. Gross domestic product expanded 5.3 percent year-on-year in the first quarter of 2013 compared to an upwardly revised 19.1 percent growth in the fourth quarter of 2012, the National Economic and Social Development Board (NESDB) said Monday.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.