ConAgra Foods, Inc. (CAG) is scheduled to report second quarter results before the start of trading. The packaged foods company is expected to report earnings of $0.55 per share, higher than last year's $0.47 per share. The company is anticipated to generate revenues of $3.69 billion versus $3.40 billion in the year-ago quarter. The company's shares closed Wednesday's session at $29.96. (52-wk H/L $30.55$23.64)
Nike Inc. (NKE), the world's largest maker of athletic shoes and apparel, is slated to report results for the second quarter. The Beaverton, Oregon-based company is expected to report a profit of $1.00 per share, flat with last year. Quarterly revenues are anticipated to rise to $5.99 billion from prior year's $5.73 billion. On Wednesday, the shares closed regular trade at $97.78. (52-wk H/L $114.81/$85.10)
Canadian smartphone maker Research In Motion Ltd. (RIMM, RIM.TO) is due to report its third quarter results after the markets close. The Waterloo, Ontario-based company is anticipated to report a loss of $0.35 per share, compared to a profit of $1.27 per share in the prior year. Besides, revenues are anticipated to decline to $2.65 billion from last year's $5.22 billion. The company's shares closed Wednesday's session at $13.63. (52-wk H/L $17.96/$6.22)
Red Hat, Inc. (RHT), the world's largest seller of Linux software, is expected to post third quarter results. The company is expected to earn $0.29 per share, slightly up from $0.28 reported a year earlier. The Raleigh, North Carolina-based company is expected to report revenues at $338.05 million versus $290.03 million reported a year ago. Shares of RHT closed Wednesday's trade at $52.20. (52-wk H/L $62.75/$39.57)
American Greetings Corp. (AM), CarMax Inc. (KMX), Darden Restaurants, Inc. (DRI), Discover Financial Services (DFS), Rite Aid Corporation (RAD), Scholastic Corporation (SCHL), Winnebago Industries, Inc. (WGO), Cintas Corporation (CTAS), FuelCell Energy Inc. (FCEL), Micron Technology Inc. (MU), Resources Connection Inc. (RECN), TIBCO Software Inc. (TIBX) also due to report their results today.
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