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Earnings Watch For January 11 (NDN, LEN, SVU)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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99 Cents Only Stores (NDN) is slated to post quarterly results. The company is expected to report third-quarter earnings of $0.41 per share on revenues of $393.08 million. In the same quarter a year earlier, the company earned $0.38 per share on revenues of $365.36 million. The shares closed Tuesday's trade at $21.98. (The stock up about 22% in Q1; MA(50)- $21.82; MA(100)- $20.69; 52-wk H/L $21.84/$14.57)

Home builder Lennar Corp. (LEN) is due to report fourth-quarter results. The company is expected to earn $0.17 per share, flat with last year, with revenues estimated at $913.95 million. On Tuesday, the company's shares closed regular trade at $20.76. (The stock dropped almost 5% in Q1; MA(50)- $18.45; MA(100)- $16.37; 52-wk H/L $21.54/$12.14)

SUPERVALU Inc. (SVU) is scheduled to report results for the third quarter. The grocery retailer is expected to record a profit of $0.24 per share, same as prior year, on revenues of $8.42 billion. On the NYSE, SVU closed Tuesday's session at $8.39. (The stock declined nearly 6% in Q1; MA(50)- $7.78; MA(100)- $7.60; 52-wk H/L $11.77/$6.26)

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