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Earnings News

Earnings Watch For February 17 (PPC, B, ECA)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Frozen chicken producer Pilgrim's Pride Corp. (PPC) is slated to report results for the fourth quarter. The company is expected to report a loss of $0.29 per share versus earnings of $0.17 per share last year, with revenues estimated at $1.88 billion. The company's shares closed Thursday's session at $5.52. (The stock surged about 35% in Q4; MA(50)- $5.71; MA(100)- $5.28; 52-wk H/L $8.41/$2.91)

Barnes Group, Inc. (B) is due to post quarterly results. For the fourth quarter, earnings are expected to rise year-over-year to $0.32 per share from $0.21 per share. Also, the company is anticipated to record revenues of $311.95 million, higher than $283.27 million recorded a year ago. B closed Thursday's regular trade at $26.46. (The stock rose almost 26% in Q4; MA(50)- $24.88; MA(100)- $23.64; 52-wk H/L $27.13/$17.47)

Canada's largest natural gas producer Encana Corp. (ECA) is scheduled to report fourth-quarter results. The company is expected to earn $0.09 per share, flat with last year, on revenues of $1.74 billion. On the NYSE, the shares closed Thursday at $20.23. (The stock dropped around 2% in Q4; MA(50)- $18.89; MA(100)- $19.46; 52-wk H/L $35.22/$17.02)

Brookfield Asset Management Inc. (BAM), H.J. Heinz Co. (HNZ) and PolyOne Corp. (POL) are also expected to report their results today.

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