FONT-SIZE Plus   Neg

Earnings Watch For Feb 7 (CTSH, ATVI, HAS, LNKD, RVBD)

Cognizant Technology Solutions Corp. (CTSH), the provider of IT, consulting, and business process outsourcing services, is expected to report fourth quarter results before the markets open. The earnings of the company are expected to increase to $0.91 per share from $0.78 per share reported a year earlier, while quarterly revenues are anticipated to rise to $1.95 billion from last year's $1.66 billion. The shares closed Wednesday at $76.27. (52-wk H/L $79.54/$53.92)

Activision Blizzard, Inc. (ATVI) is scheduled to report fourth quarter results. The world's largest video game publisher is expected to post earnings of $0.72 per share, higher than the year-ago quarter's $0.62 per share. Also, the company is anticipated to generate revenues of $2.44 billion, up from $2.41 billion in the prior-year quarter. The company's shares closed Wednesday's session at $11.94. (52-wk H/L $13.01/$10.45)

Games and toys manufacturer Hasbro Inc. (HAS) is slated to report results for the fourth quarter. The company is expected to report a profit of $1.19 per share, up from $1.06 per share last year, whereas revenues are projected to decline to $1.28 billion from $1.33 billion reported in the prior year quarter. The stock closed Wednesday at $38.17. (52-wk H/L $39.98/$32.00)

Mountain View, California-based LinkedIn Corp. (LNKD) is due to report its fourth quarter results after the close of trading. The professional networking giant is expected to report a profit of $0.19 per share versus $0.12 per share last year, with revenues estimated at $279.50 million. The stock closed Wednesday at $125.77. (52-wk H/L $127.45/$74.32)

Networking solutions company Riverbed Technology, Inc. (RVBD) will report its fourth quarter results today. The San Francisco, California-based company is expected to report earnings of $0.29 per share on revenues of $234.77 million. A year earlier, earnings and revenue were $0.25 per share and $204.02 million respectively. The stock closed Wednesday's regular trading at $20.31. (52-wk H/L $29.59/$13.30)

Biogen Idec Inc. (BIIB), Bunge Limited (BG), Cigna Corp. (CI), FLIR Systems, Inc. (FLIR), Healthways Inc. (HWAY), Kohlberg Kravis Roberts & Co. (KKR), MGIC Investment Corp. (MTG), The New York Times Company (NYT), Post Holdings, Inc. (POST), Sigma-Aldrich Corporation (SIAL), Philip Morris International, Inc. (PM), Columbia Sportswear Company (COLM), Microchip Technology Inc. (MCHP), NCR Corp. (NCR), Republic Services, Inc. (RSG), SunPower Corporation (SPWR) and XL Group plc (XL) are also due to report their results.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Social media site Twitter Inc., which is facing an uncertain future, is planning to cut around 8 percent of its total workforce, Bloomberg reported Monday citing people familiar with the matter. The company, which is trying cost control amid slowing sales growth, may announce the job cut of about 300 people as soon as this week. Visa Inc. (V) on Monday reported an increase in profit for the fourth quarter, as revenues jumped driven largely by increase in customer spending and inclusion of Europe business. Earnings and revenues trumped Wall Street expectations. Foster City, California-based Visa's fourth-quarter profit rose... As Sony Corp. prepares to launch the new PlayStation 4 Pro gaming console on November 10, several new games that are compatible with the console have also been confirmed for launch. Game developers are readying to provide PlayStation 4 Pro support for many games on PS4.
comments powered by Disqus
Trade LNKD now with 
Follow RTT