Stocks To Watch For March 9 (JAS, DMND, CWTR, SAM, AEO)
Some of the stocks that may grab investor focus today are:
Wall Street expects Jo-Ann Stores Inc (NYSE: JAS) to report its Q4 EPS at $1.53 on revenue of $626.38 million. JAS shares gained 0.16% to close at $60.90 yesterday.
Diamond Foods Inc (NASDAQ: DMND) reported its Q2 earnings at $19.7 million, or $0.87 per share, up from $8.8 million, or $0.52 per share, in the year-ago quarter. Excluding one-time items, Diamond's earnings came in at $0.91 per share. The company's revenue increased 40% to $257.6 million. However, analysts had been expecting adjusted earnings of $0.89 per share on revenue of $265.1 million. Diamond lifted its full-year earnings guidance to $2.45 to $2.51 per share, excluding on-time items, from $2.43 to $2.49 per share. However, analysts were projecting full-year earnings of $2.51 per share. DMND shares dipped 6.29% to $47.80 in after-hours trading.
Analysts expect Coldwater Creek Inc (NASDAQ: CWTR) to post a Q4 loss at $0.26 per share on revenue of $282.75 million. CWTR shares rose 1.05% to close at $2.90 yesterday.
Boston Beer Co (NYSE: SAM) reported its Q4 earnings at $12.2 million, or $0.87 per share, up from $7.5 million, or $0.52 per share, in the year-ago period. The company's revenue rose 8% to $115.7 million. However, analysts had been expecting earnings of $0.90 per share on revenue of $118.5 million. SAM projects 2011 earnings of $3.45 to $3.95 per share, versus analysts' estimates of $3.91 per share. SAM shares tumbled 9.05% to $85.50 in the after-hours trading session.
Analysts are expecting American Eagle Outfitters Inc (NYSE: AEO) to have earned $0.43 per share on revenue of $923.01 million in the fourth quarter. AEO shares dropped 0.07% to $14.79 in after-hours trading.
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