Earnings News

Earnings Watch For August 29 (HNZ, CWTR, P, ZLC)

Ketchup king H. J. Heinz Co. (HNZ) is due to post its first-quarter results before the markets open. Quarterly earnings of the Pittsburgh, Pennsylvania-based Company are expected to increase to $0.80 per share from $0.78 per share in the same quarter a year earlier. Also, the company anticipates to generate revenues of $2.84 billion, slightly down from the $2.85 billion recorded a year ago. Shares of HNZ closed Tuesday's trade at $57.41. (52-wk H/L $58.31/$48.54)

Coldwater Creek, Inc. (CWTR) will post its results today. For the second quarter, the women's apparel retailer company is expected to report a loss of $0.18 per share compared to a loss of $0.27 per share last year. Besides, the company is expected to generate revenues of $179.66 million for the quarter, down from last year's $181.41 million. On Tuesday, the stock closed at $0.5961. (52-wk H/L $1.83/$0.45)

Pandora Media, Inc. (P) is scheduled to report second quarter results after the market close. The Internet radio company is expected to post a loss of $0.03 per share, on revenues of $100.94 million for the quarter. In the year-ago quarter, the Oakland, California-based company reported a profit of $0.02 per share on revenues of $66.97 million. P closed trade on Tuesday at $10.18. (52-wk H/L $15.97/$7.83)

Zale Corp. (ZLC) is slated to report results for the fourth quarter. The company is expected to report a loss of $0.84 per share versus loss of $1.04 per share last year, with revenues estimated at $405.38 million. The stock closed Tuesday at $4.12. (52-wk H/L $4.84/$2.06)

Additionally, JA Solar Holdings Co., Ltd. (JASO), Isle of Capri Casinos, Inc. (ISLE), LTX-Credence Corp (LTXC), Yingli Green Energy Holding Co. Ltd. (YGE), Casella Waste Systems Inc. (CWST), Oxford Industries Inc. (OXM), TiVo Inc. (TIVO) are also due to report their results today.

by RTTNews Staff Writer

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