Earnings News

Earnings Watch For December 21 (BBBY, KMX, KBH, TIBX, WAG)

Bed Bath & Beyond Inc. (BBBY) is scheduled to post results for the third quarter. The company is expected to record a profit of $0.89 per share compared to $0.74 per share last year, with revenues estimated at $2.35 billion. The company's shares closed regular trade on Tuesday at $61.55. (The stock down about 3% in Q1; MA(50)- $60.98; MA(100)- $58.46; 52-wk H/L $63.83/$44.79)

CarMax Inc. (KMX) is due to report quarterly results. For the third quarter, the used car dealer is expected to earn $0.38 per share on revenues of $2.25 billion. In the year-ago quarter, the company reported earnings of $0.36 per share on revenues of $2.12 billion. KMX closed Tuesday's session at $31.07. (The stock dropped around 1% in Q1; MA(50)- $29.27; MA(100)- $28.02; 52-wk H/L $37.02/$22.77)

Homebuilder KB Home (KBH) will post its results today. For the fourth quarter, the company is expected to report earnings of $0.03 per share compared to $0.23 per share last year. Also, the company is anticipated to generate revenues of $471.24 million for the quarter. On Tuesday, the stock closed at $7.74. (The stock declined almost 12% in Q1; MA(50)- $7.24; MA(100)- $6.75; 52-wk H/L $16.11/$5.02)

TIBCO Software Inc. (TIBX) is slated to report fourth-quarter results. Earnings and revenue for the quarter are expected to be $0.35 per share and $281.28 million respectively. Last year, the company earned $0.31 per share on revenues of $241.22 million. TIBX closed Tuesday's trade at $23.56. (The stock gained nearly 37% in Q1; MA(50)- $27.14; MA(100)- $24.70; 52-wk H/L $31.45/$18.43)

Drugstore chain operator Walgreen Co. (WAG) is expected to report results for the first quarter. The company is expected to report earnings of $0.67 per share versus $0.62 per share a year earlier, on revenues of $18.23 billion. The shares closed Tuesday's session at $33.50. (The stock up about 3% in Q1; MA(50)- $33.20; MA(100)- $34.27; 52-wk H/L $47.11/$30.34)

Actuant Corp. (ATU) and Lindsay Corp. (LNN) are also due to report their results today.

by RTTNews Staff Writer

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