General merchandise retailer Fred's, Inc. (FRED) is slated to report better results for the fourth quarter. The company is expected to record a profit of $0.25 per share versus $0.22 per share last year, with revenues estimated at $498.31 million. The company's shares closed Tuesday's session at $14.04. (The stock surged around 37% in Q4; MA(50)- $14.37; MA(100)- $13.77; 52-wk H/L $15.27/$10.27)
General Mills, Inc. (GIS) is due to post quarterly results. For the third quarter, the packaged foods company is expected to earn $0.56 per share, flat with last year, on revenues of $4.07 billion. GIS closed Tuesday's regular trade at $38.76. (The stock gained nearly 6% in Q3; MA(50)- $39.34; MA(100)- $39.44; 52-wk H/L $41.06/$34.64)
Discover Financial Services (DFS) is scheduled to report first-quarter results. Earnings and revenue for the quarter are expected to be $0.92 per share and $1.82 billion respectively. In the year-ago quarter, the Riverwoods, Illinois-based company earned $0.84 per share on revenues of $1.73 billion. On the NYSE, the shares closed Tuesday at $31.86. (The stock rose almost 5% in Q1; MA(50)- $28.95; MA(100)- $26.45; 52-wk H/L $33.20/$20.51)
Shoe Carnival, Inc. (SCVL) is expected to report fourth-quarter results. The company is expected to earn $0.21 per share, lower than $0.33 per share earned a year earlier, on revenues of $181.13 million. The stock closed Tuesday at $26.51. (The stock up about 9% in Q4; MA(50)- $25.72; MA(100)- $25.18; 52-wk H/L $34.05/$19.19)
Actuant Corp. (ATU), CLARCOR Inc. (CLC), H. B. Fuller Co. (FUL), Herman Miller, Inc. (MLHR) and Sonic Corp. (SONC) will also report their results today.
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