Before The Bell

Earning Watch For August 16 (GPS, MRVL, DLTR, WMT, BRCD, DRYS, SHLD)

Retailer Wal-Mart Stores, Inc. (WMT) is scheduled to post second quarter results before the markets open. The company is expected to post earnings of $1.17 per share, higher than the year-ago quarter's $1.09 per share. Also, The company is anticipated to generate revenues of $115.75 billion, an increase from $109.37 billion in the prior-year quarter. WMT closed Wednesday's session at $74.45. (H/L $75.24/$49.94)

Apparel retailer Gap, Inc. (GPS) is expected to report second quarter results after the market closes. Earnings for the quarter are expected to be $0.48 per share, higher than $0.35 per share in the prior-year quarter. Also, revenues are expected at $3.53 billion compared to $3.39 billion in the prior-year quarter. GPS closed Wednesday's session at $34.61. (52-wk H/L $34.92/$15.08)

Marvell Technology Group Ltd. (MRVL) is scheduled to report second-quarter results. The chipmaker is expected to post earnings of $0.26 per share, lower than the year-ago quarter's $0.38 per share. Also, the Hamilton, Bermuda-based company is anticipated to generate revenues of $852.71 million compared to $897.52 million in the prior-year quarter. The stock closed Wednesday at $11.94. (52-wk H/L $16.86/$10.27)

Discount stores operator Dollar Tree, Inc. (DLTR) is also due to post second quarter results. The company is expected to report earnings of $0.47 per share, up from prior year's $0.39 per share. Revenues are expected at $1.71 billion, higher than $1.54 billion a year ago. Shares of DLTR closed closed Wednesday's trade at $50.00. (52-wk H/L $56.82/$30.56)

Brocade Communications Systems, Inc. (BRCD), maker of switches and software for data-storage networks, is slated to report quarter results. For the third quarter, the San Jose, California-based company is expected to record a profit of $0.12 per share versus $0.09 per share in the prior year quarter. Besides, quarterly revenues are anticipated to be $536.55 million, higher than $502.85 million recorded a year ago. The shares closed Wednesday's session at $5.31. (52-wk H/L $6.17/$3.31)

Aeropostale Inc (ARO), DryShips Inc. (DRYS), New York & Company Inc. (NWY), ScanSource, Inc. (SCSC) , Bon-Ton Stores Inc. (BONT), Buckle Inc. (BKE), The Children (PLCE), GameStop Corp. (GME), Perry Ellis International Inc. (PERY), Ross Stores Inc. (ROST), Sears Holdings Corp (SHLD)
Stage Stores Inc. (SSI) will post their results today.

by RTTNews Staff Writer

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