Database giant Oracle Corp. (ORCL) is expected to report results for the third quarter after the close of trading. The California-based Oracle is expected to earn $0.66 per share, higher than last year's $0.62 per share. Quarterly revenues are anticipated to rise to $9.38 billion from $9.06 billion reported a year earlier. The shares closed Tuesday at $35.69. (52-wk H/L $36.43/$25.33)
Package delivery giant FedEx Corp. (FDX) is slated to report third quarter results before the market opens. Quarterly earnings are expected to decline year-over-year to $1.38 per share from $1.55 per share. Revenues are anticipated at $10.86 billion, down from last year's $10.56 billion. On the NYSE, the shares closed Tuesday's trade at $106.46. (52-wk H/L $109.66/$83.80)
Packaged food company General Mills, Inc. (GIS) is scheduled to report third quarter results. The Minneapolis, Minnesota-based company is expected to report a profit of $0.57 per share, up from $0.55 per share last year, while revenues estimated at $4.36 billion, higher than last year's $4.12 billion. The stock closed Tuesday at $46.42. (52-wk H/L $46.72/$36.75)
Lennar Corp. (LEN) will report its first-quarter results. The earnings of the home-builder are expected to grow to $0.15 per share from $0.08 per share reported a year earlier, while quarterly revenues are anticipated to rise to $897.99 million from last year's $724.86 million. The company's shares closed Tuesday's session at $41.42. (52-wk H/L $43.22/$23.48)
Contract electronics manufacturer Jabil Circuit Inc. (JBL) is expected to post second quarter results after the close of trading. The company is expected to earn $0.54 per share on revenues of $4.38 billion. In the year-ago quarter, the St. Petersburg, Florida-based company reported earnings of $0.58 per share on revenues of $4.24 billion. The shares closed Tuesday at $19.18. (52-wk H/L $26.72/$16.82)
Guess' Inc. (GES), Pacific Sunwear of California Inc. (PSUN), CLARCOR Inc. (CLC), Herman Miller Inc. (MLHR) and Actuant Corporation (ATU) are also scheduled to report their results today.
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