14.02.2014 11:10:37
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Earnings Watch For February 14 (CPB, H, SJM, IPG)
(RTTNews) - Campbell Soup Co. (CPB) is due to post its second quarter results before the market opens. The company is expected to earn $0.73 per share, higher than the last year's $0.70 per share. However, the Camden, New Jersey-based maker of ready-to-serve soups, pastas and sauces, is anticipated to generate revenues of $2.27 billion, a decrease from $2.33 billion reported a year earlier. The shares closed Thursday's trade at $40.97. (52-wk H/L $48.83/$38.30)
Hyatt Hotels Corp. (H) is slated to report fourth quarter results. The Chicago, Illinois-based company is expected to post earnings of $0.20 per share, flat with last year. Revenues are projected to grow to $1.08 billion from the year earlier's $1.0 billion. The shares closed Thursday at $49.39. (52-wk H/L $50.76/$37.74)
Food products maker J. M. Smucker Co. (SJM) is expected to report third quarter results before the market opens. The earnings of the Orrville, Ohio-based maker of Smucker's jams and Folgers coffee are expected to climb to $1.68 per share from the year-ago quarter's $1.47 per share, revenues are anticipated at $1.53 billion, down from $1.56 billion in the prior-year quarter. The company's shares closed Thursday's session at $95.14. (52-wk H/L $114.72/$91.41)
Interpublic Group of Companies, Inc. (IPG), a provider of advertising and marketing services, is scheduled to report its fourth quarter results. The earnings for the quarter are expected to rise to $0.58 per share from $0.56 per share reported a year ago. Revenues are anticipated at $2.12 billion, an increase from the last year's $2.06 billion. On the NYSE, the shares closed Thursday at $17.13. (52-wk H/L $17.85/$12.00)
DTE Energy Company (DTE), Red Robin Gourmet Burgers Inc. (RRGB) and V.F. Corp. (VFC) are also due to report their results.
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