logo
Plus   Neg
Share
Email

Earnings Watch For Feb 27 (DLTR, TGT, TJX, CECO, GRPN, JCP, LTD)

Discount stores operator Dollar Tree, Inc. (DLTR) is expected to report results for the fourth quarter before the market opens. The company is expected expected to post earnings of $0.99 per share, higher than the year-ago quarter's $0.80 per share. Also, the company is anticipated to generate revenues of $2.23 billion compared to $1.95 billion in the prior-year quarter. The shares closed Tuesday at $41.08. (52-wk H/L $56.82/$37.12)

Minneapolis, Minnesota-based Target Corp. (TGT) is due to post its fourth quarter results. The discount-store operator is expected to record earnings of $1.48 per share compared to $1.43 per share last year. Revenues are projected to rise to $22.69 billion from the prior year's $21.29 billion. Shares of TGT closed Tuesday's trade at $64.05. (52-wk H/L $65.80/$54.68)

TJX Companies, Inc. (TJX) is scheduled to report results for the fourth quarter before the opening bell. The off-price apparel and home fashions retailer's earnings are expected to rise to $0.81 per share from $0.62 per share in the previous year. Further, the company is anticipated to record revenues of $7.67 billion, an increase from last year's $6.71 billion. The company's shares closed Tuesday's regular trading at $43.67. (52-wk H/L $46.67/$36.50)

Career Education Corp (CECO) will report its fourth quarter results. The company is expected to report a loss of $0.33 per share compared to a profit of $0.31 per share last year, while revenues are expected to decline to $340.64 million from $439.52 million recorded in the prior year. The company's shares closed Tuesday's session at $3.63. (52-wk H/L $9.13/$2.51)

Groupon, Inc. (GRPN) is scheduled to post fourth-quarter results after the close of trading. The company is expected to earn $0.03 per share, compared to a loss of $0.02 per share reported a year ago. Also, the company is anticipated to generate revenues of $638.41 million, higher than the prior year's $506.48 million. GRPN closed Tuesday's session at $5.55. (52-wk H/L $20.18/$2.60)

Department store chain J. C. Penney Co., Inc. (JCP) is expected to report results for the fourth quarter. The company is expected to report a loss of $0.18 per share on revenues of $4.08 billion, while in the year-ago quarter, earnings and revenue were $0.74 per share and $5.42 billion, respectively. The shares closed Tuesday at $21.02. (52-wk H/L $40.77/$15.69)

Women's apparel and personal care products retailer Limited Brands Inc. (LTD) will report its quarterly results today. The earnings for the fourth quarter are expected to be $1.74 per share, up from the prior year's $1.50 per share. The Columbus, Ohio-based company company is expected to report revenue of $3.77 billion, higher than the $3.52 billion recorded in the year-ago quarter. On the NYSE, the shares closed Tuesday at $43.63. (52-wk H/L $52.50/$40.32)

CenterPoint Energy, Inc. (CNP), Cincinnati Bell Inc. (CBB), LTX-Credence Corp (LTXC), Chicago Bridge & Iron Company N.V. (CBI), DryShips, Inc. (DRYS), MBIA Inc. (MBI), Monster Beverage Corp (MNST), Mylan, Inc. (MYL) and Pall Corp (PLL) are also due to report their results today.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The Boeing Company (BA) reported that its first-quarter core earnings per share increased to $3.64 from $2.17, prior year, reflecting strong performance across the company. Core operating earnings improved 35% year-over-year to $2.51 billion from $1.86 billion, previous year. GAAP earnings from operations increased 30% to $2.88 billion. Net earnings improved 57% year-over-year to $2.48 billion. Earnings per share was $4.15 compared to $2.54. Operating cash flow was $3.1 billion for the quarter. Micro-blogging site Twitter Inc. on Wednesday reported a turnaround to profit in the first quarter on strong double-digit revenue growth. This is the company's second quarterly profit. Both revenue and adjusted earnings per share beat analysts' estimates. Twitter's average monthly active users or MAU figure rose 3 percent year-over-year and also increased from the preceding quarter. Shares of Credit Suisse Group AG were gaining around 4 percent in Swiss trading after the banking giant reported Wednesday higher profit in its first quarter, despite lower net interest income. The company said it had planned 2018 to be a year of acceleration in its performance in its 12-quarter restructuring program.
Follow RTT