Struggling consumer electronics retailer Best Buy Co., Inc. (BBY) is expected to report results for the first quarter before the market opens. The earnings of the Richfield, Minnesota-based company are expected to decline sharply to $0.25 per share from $0.72 per share last year. Quarterly revenues are anticipated at $10.64 billion, lower than the previous year's $11.61 billion. The shares closed Monday at $26.81. (52-wk H/L $27.37/$11.20)
Medical equipment maker Medtronic, Inc. (MDT) is expected to post second-quarter results. The company is expected to report a profit of $1.03 per share compared to $0.99 per share last year, while revenues are estimated at $4.39 billion, higher than the prior year's $4.30 billion. The stock closed Monday at $49.89. (52-wk H/L $50.17/$35.67)
Home improvement retailer Home Depot, Inc. (HD) is slated to report first quarter results before the market open. The company is expected to post earnings of $0.77 per share, up from the year-ago quarter's $0.65 per share. Also, the company is anticipated to generate revenues of $18.69 billion, an increase from $17.81 billion in the prior-year quarter. On Monday, the company's shares closed trade at $76.76. (52-wk H/L $78.54/$47.68)
Luxury retail chain Saks Inc. (SKS) is expected to post first quarter results. For the quarter, the New York-based company is expected to report earnings of $0.19 per share, flat with last year. Besides, the company is anticipated to record revenues of $778.53 million, up from last year's $753.61 million. The stock closed Monday's regular trading at $12.28 (52-wk H/L $12.35/$9.24)
NetApp, Inc. (NTAP) is due to post its fourth quarter results after the trading closes. The company, which provides storage virtualization and cloud-based solutions, is expected to record earnings of $0.68 per share compared to $0.66 per share last year, on revenues of $1.76 billion. Shares of NTAP closed Monday's trade at $37.19. (52-wk H/L $39.15/$26.26)
AutoZone Inc. (AZO), Dick's Sporting Goods (DKS), Red Robin Gourmet Burgers (RRGB), Tech Data Corp. (TECD), TJX Companies, Inc. (TJX), Analog Devices Inc. (ADI), Compuware Corp.'s (CPWR) and Intuit Inc. (INTU) are also scheduled to report their results
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