Computer and printer maker Hewlett-Packard Co. (HPQ) is scheduled to report second-quarter results after the close of trading. The company is expected to report earnings of $0.81 per share, lower than $0.98 per share last year. Further, the Palo, Alto, California-based company is expected to record revenues of $28.12 billion, a decline from last year's $30.69 billion. The shares closed Tuesday at $21.11. (52-wk H/L $24.05/$11.35)
Home improvement retailer Lowe's Companies Inc. (LOW) is scheduled to report first quarter results before the market opens. The earnings of the company is expected to grow to $0.51 per share from $0.44 per share reported a year earlier. Revenues are projected to increase to $13.46 billion from the prior year's $13.15 billion. The company's shares closed Tuesday's session at $42.45. (52-wk H/L $43.55/$24.76)
Minneapolis, Minnesota-based Target Corp. (TGT) is due to post its first quarter results before the bell. The discount-store operator is expected to report earnings of $0.87 per share, a decline from $1.04 per share last year, while revenues are projected to decrease to $16.82 billion from the prior year's $16.87 billion. Shares of TGT closed Tuesday's trade at $70.65. (52-wk H/L $71.91/$55.94)
Office supplies retailer Staples, Inc. (SPLS) is slated to report results for the first quarter. The Framingham, Massachusetts-based world's largest office products company is expected to report a profit of $0.27 per share versus $0.30 per share last year. Quarterly revenues are anticipated at $5.91 billion, down from $6.10 billion in the prior year. The stock closed Tuesday at $14.75. (52-wk H/L $15.19/$10.57)
American Eagle Outfitters Inc. (AEO), Citi Trends (CTRN), LTX-Credence Corporation (LTXC), Zale (ZLC), Avid Technology Inc. (AVID), DryShips, Inc. (DRYS), Guess? Inc. (GES), Limited Brands Inc. (LTD), Pacific Sunwear Of California Inc. (PSUN), PETsMART Inc. (PETM), Semtech Corp (SMTC), Shanda Interactive Entertainment Ltd. (SNDA) and Synopsys Inc (SNPS) are also due to report their results.
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