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Earnings Watch For March 7 (KR, SFD, HRB, P)

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Grocery stores operator Kroger Co. (KR: Quote) is scheduled to post fourth quarter results before the markets open. The Cincinnati, Ohio-based company is expected to report earnings of $0.70 per share, higher than the year-ago quarter's $0.50 per share. Also, the company is anticipated to generate revenues of $24.00 billion, an increase from $21.41 billion in the prior-year quarter. The stock closed Wednesday's session at $29.36. (52-wk H/L $29.76/$20.98)

Smithfield Foods, Inc. (SFD: Quote) is expected to report third quarter results before the opening bell. The packaged pork and meat products maker is expected to report earnings of $0.51 per share, lower than $0.69 per share last year. Besides, the Smithfield, Virginia-based company is anticipated to generate revenues of $3.53 billion, up from $3.48 billion recorded a year ago. The company's shares closed Wednesday's regular trading at $22.30. (52-wk H/L $24.00/$17.55)

H&R Block, Inc. (HRB: Quote) is due to post third-quarter results. The largest US tax preparer company is expected to report a loss of $0.01 per share, flat with last year. Revenues are estimated to decline to $563.60 million from $663.28 million reported a year earlier. Shares of HRB closed Wednesday's trade at $25.26. (52-wk H/L $25.50/$14.35)

Oakland, California-based Pandora Media, Inc. (P: Quote) is due to post fourth quarter results after the market closes. The Internet radio company is expected to post a loss of $0.05 per share, wider than $0.03 per share reported a year ago. Meanwhile, revenues are projected to rise to $122.81 million from $81.33 million last year. The shares closed Wednesday's session at $11.67. (52-wk H/L $13.50/$7.08)

Ciena Corp (CIEN: Quote), Comtech Telecommunications Corp. (CMTL: Quote), The Cooper Companies Inc. (COO: Quote), Finisar Corp. (FNSR: Quote), Quiksilver Inc. (ZQK: Quote) and Thor Industries Inc. (THO) are also scheduled to report their results.

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by RTT Staff Writer

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Editors Pick
This apparel maker has doubled its earnings per share in just two years and increased its annual earnings forecast from time to time, despite a challenging consumer spending environment. Contributions from acquisitions, efficiency gains from self-owned global supply chain and benefits from 'Innovate-to-Elevate' strategy continue to boost the company's results. Here is a quick summary of the earnings reported after the bell on Nov 20. We have 20+ stocks listed here. The good news is you can skip this step. There is a next move that can make your life a lot easier. Our research team has already done the groundwork for you. All these stocks listed... Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
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