Earnings News

Earnings Watch For December 18 (FDS, JEF, SAFM, APOG, ORCL, AIR)

Database giant Oracle Corp. (ORCL) is expected to report results for the second quarter after the close of trading. California-based Oracle is expected to earn $0.61 per share, higher than last year's $0.54 per share. Quarterly revenues are anticipated to rise to$9.03 billion from $8.81 billion reported a year earlier. The shares closed Monday at $32.32. (52-wk H/L $33.29/$24.91)

Securities and investment banking firm Jefferies Group, Inc. (JEF) is slated to report fourth quarter results before the markets open. The company is expected to earn $0.32 per share on revenues of $722.56 million. In the year-ago quarter, the company reported earnings of $0.16 per share on revenues of $536.37 million. Shares of JEF closed Monday's trade at $18.24. (52-wk H/L $19.82/$11.59)

Industrial glassmaker Apogee Enterprises, Inc. (APOG) is due to post quarterly results. For the third quarter, earnings are expected at $0.23 per share, higher than $0.20 per share in the prior year. Besides, the Minneapolis, Minnesota-based company is anticipated to generate revenues of $182.45 million, up from last year's $174.85 million. The company's shares closed Monday's session at $23.09. (52-wk H/L $23.89/$11.84)

FactSet Research Systems Inc. (FDS), Sanderson Farms, Inc. (SAFM) and AAR Corp. (AIR) will also report their quarterly results today.

by RTTNews Staff Writer

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