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

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2/27/2013 5:34 AM ET

Discount stores operator Dollar Tree, Inc. (DLTR: Quote) 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: Quote) 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: Quote) 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: Quote) 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: Quote) 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: Quote) 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: Quote) 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: Quote), Cincinnati Bell Inc. (CBB: Quote), LTX-Credence Corp (LTXC: Quote), Chicago Bridge & Iron Company N.V. (CBI: Quote), DryShips, Inc. (DRYS: Quote), MBIA Inc. (MBI: Quote), Monster Beverage Corp (MNST: Quote), Mylan, Inc. (MYL: Quote) and Pall Corp (PLL: Quote) are also due to report their results today.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
The Reserve Bank of New Zealand on Thursday raised its Official Cash Rate by 25 basis points, to 3.00 percent from 2.75 percent. The decision was in line with expectations, and it marks the second straight month with a rate hike following 24 straight meetings in which the rate was not changed. New Zealand's economic expansion has considerable momentum, with GDP estimated to have grown by 3.5 percent in the year to March. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter. Stocks moved mostly lower during trading on Wednesday, giving back some ground after trending higher over the past several sessions. Selling pressure was relatively subdued, however, limiting the downside for the markets. The major averages all closed in the red, although the tech-heavy Nasdaq underperformed its counterparts by a wide margin.
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