Home furnishings retailer Pier 1 Imports, Inc. (PIR) will report its quarterly results today before the market opens. For the first quarter, the company is expected to report earnings of $0.12 per share, a year-over-year growth from $0.06 per share. Besides, quarterly revenues are anticipated to increase to $334.96 million from the prior-year quarter's $306.26 million. The company's shares closed Wednesday's trade at $11.18. (The stock dropped around 3% in Q1; MA(50)- $11.59; MA(100)- $10.66; 52-wk H/L $12.75/$5.67)
Research In Motion Ltd. (RIMM) is scheduled to report first-quarter results after the market closes. The smartphone maker is expected to earn $1.32 per share versus $1.38 per share last year, with revenues estimated at $5.15 billion. On Wednesday, the stock closed at $35.17. (The stock declined almost 4% in Q1; MA(50)- $46.58; MA(100)- $54.75; 52-wk H/L $70.54/$34.91)
The Kroger Co. (KR) is due to post results for the first quarter. The Cincinnati, Ohio-based grocery retailer is expected to record a profit of $0.64 per share on revenues of $26.62 billion. In the same quarter a year earlier, earnings and revenue were $0.58 per share and $24.76 billion respectively. On the NYSE, KR closed Wednesday's regular trade at $22.95. (The stock gained nearly 9% in Q1; MA(50)- $24.26; MA(100)- $23.63; 52-wk H/L $25.48/$19.57)
Packaged pork and meat products maker Smithfield Foods, Inc. (SFD) is slated to report quarterly results. The company is expected to report earnings of $0.83 per share for the fourth quarter, a surge from the year-ago quarter's $0.18 per share, on revenues of $3.25 billion. On Wednesday, the shares closed at $20.39. (The stock up about 20% in Q1; MA(50)- $21.62; MA(100)- $22.02; 52-wk H/L $24.93/$13.34)
Actuant Corp. (ATU) and Winnebago Industries Inc. (WGO) are also expected to report their results today.
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