Packaged food company General Mills, Inc. (GIS) is slated to report better results for the fourth quarter. The company is expected to record a profit of $0.59 per share versus $0.52 per share last year. Also, the company is expected to report revenues of $4.11 billion for the quarter, higher than $3.63 billion a year earlier. The company's shares closed Tuesday's session at $38.15. (52-wk H/L $41.06/$34.64)
Monsanto Co. (MON) is expected to report results for the third quarter. The agricultural products maker is expected to report earnings of $1.60 per share versus last year's $1.26 per share, on revenues of $4.00 billion. Last year, the company posted revenues of $ 3.59 billion. In May, Monsanto projected third-quarter earnings per share of $1.57 to $1.62 on an ongoing basis and $1.69 to $1.74 on an as-reported basis. MON closed Tuesday's session at $77.87. (52-wk H/L $83.95/$58.89)
Payroll processor Paychex, Inc. (PAYX) is scheduled to report results for the fourth quarter after the market closes. Quarterly earnings are expected to rise to $0.34 per share from $0.33 per share posted a year ago, with revenues estimated at $557.67 million. The stock closed Tuesday at $31.76. (52-wk H/L $32.73/$25.12)
Home builder Lennar Corp. (LEN) is due to report results for the second quarter before the market opens today. The company is expected to record a profit of $0.17 per share, higher than last year's $0.07 per share while revenues estimated at $885.71 million versus $764.49 million last year . The company's shares closed Tuesday's trade at $27.39. (52-wk H/L $30.12/$12.14)
McCormick & Co. Inc. (MKC) is expected to report second quarter results. The spices and seasonings maker is expected to earn $0.60 per share, up from $0.55 per share earned a year earlier. Also, the company is anticipated to record revenues of $969.79 million, higher than $883.70 million recorded the previous year. On the NYSE, the stock closed Tuesday at $57.42. (52-wk H/L $59.24/$43.36)
Casella Waste Systems Inc. (CWST), Herman Miller Inc. (MLHR), Progress Software Corp. (PRGS), Commercial Metals Company (CMC) will also report their results today.
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