Semiconductor equipment maker Applied Materials Inc. (AMAT) is scheduled to report second quarter results after the markets close. The Santa Clara, California-based company is expected to earn $0.13 per share, a sharp decline from $0.27 per share a year earlier. Also, quarterly revenues are anticipated to decline to $1.91 billion from last year's $2.54 billion. The company's shares closed Wednesday's session at $14.80. (52-wk H/L $15.18/$9.95)
Department store chain J. C. Penney Co., Inc. (JCP) is expected to report results for the first quarter. The company is expected to report a loss of $0.86 per share, wider than the prior year's $0.25 per share.
Additionally, the company is anticipated to generate revenues of $2.70 billion, lower than last year's $3.15 billion. The shares closed Wednesday at $18.97. (52-wk H/L $32.55/$13.55)
Personal computer maker Dell Inc. (DELL), which has agreed to be taken private, is slated to report first quarter results after the close of trading. The earnings of the Round Rock, Texas-based company are expected to decrease to $0.35 per share from $0.43 per share reported a year earlier, while revenues are anticipated at $13.52 billion, down from last year's $14.42 billion. The company's shares closed Wednesday's session at $13.45. (52-wk H/L $15.31/$8.69)
Retail giant Wal-Mart Stores, Inc. (WMT) is scheduled to report first quarter results before the market opens. The company is expected to post earnings of $1.15 per share, higher than the year-ago quarter's $1.09 per share. Also, the company is anticipated to generate revenues of $116.42 billion compared to $113.02 billion in the prior-year quarter. WMT closed Wednesday's regular trade at $79.86. (52-wk H/L $79.96/$61.25)
Apparel store chain Nordstrom Inc. (JWN) is slated to report results for the first quarter. The Seattle, Washington-based company is projected to report a profit of $0.76 per share versus $0.70 per share last year. Revenues are estimated at $2.80 billion, higher than the prior year's $2.63 billion. The stock closed Wednesday at $61.44.(52-wk H/L $61.81/$46.27)
Aruba Networks Inc. (ARUN), Autodesk Inc. (ADSK), Brocade Communications Systems Inc. (BRCD), Sina Corp. (SINA), ViaSat Inc. (VSAT) and Kohl's Department Stores (KSS) are also scheduled to report their results.
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