Auto retail giant Carmax (KMX) will be reporting its fourth quarter earnings Thursday before the market opens. Going into tomorrow's earnings report, analysts are expecting to see Carmax report earnings of $0.38 per share. During the same period last year the company had earnings of $0.33. Carmax has a strong history of posting better than expected earnings... easily surpassing analyst estimates for each of its past 8 quarters. Over the past month the ...

The earnings season continues to move along, and a couple big stocks are going to be reporting their earnings tomorrow. Here are a few of the stocks that are going to report earnings tomorrow: DuPont (DD) : DuPont is going to be reporting its first quarter numbers tomorrow. Analysts have forecast earnings of $1.06, verses $0.54 during the same period last year. The company will be announcing earnings before the market ...

Shares of troubled consumer retailer Circuit City (NYSE: CC) are surging this morning in the premarket. Shares of Circuit City are up 59% in premarket trading this morning on news that Blockbuster (NYSE: BBI) is looking to acquire the company. Blockbuster announced that it was offering $6 a share for Circuit City (Circuit City closed last Friday at $3.90) . The bid amounts to over $1 billion. Blockbuster stated that it has ...

General Electric (GE) missed its first quarter estimates this morning. The mega conglomerate cited the slowing economy as the main factor, and that it virtually drained the company's financial services  business. The company reported EPS of 44 cents, which was well below the 51 cents that earnings tracker Thomson First Call analysts had been expecting to see. This is an 8% drop from the same period last year. Revenue was up a ...

Alcoa (NYSE: AA) got the earnings season under way last night by reported weaker than expected earnings, but the company was able to top Wall Street's estimates for overall revenue. For its first quarter the company showed that earnings were $0.37 EPS on $7.4 Billion in revenues. This fell short of the $0.48 EPS that analysts had been expecting, but it did surpass the $7.2 Billion revenue figure that Wall Street ...

Shares of financial giant Merrill Lynch (NYSE: MER) have been taking a beating in today's market, extending its two week losing streak. A research note out of Deutsche Bank AG stated today Merrill may be about to writedown as much as $10 billion in relation to its subprime losses. Rumors have been swirling all around Merrill lately, and now it appears as though the SEC is going to be investigating ...

Look for a strong day today from software giant Microsoft Corp. (NASDAQ: MSFT) after the company posted very strong fiscal first quarter earnings that shattered analyst estimates. For its fiscal first quarter the company showed a profit surge of 23 percent, with a reported $4.29 billion in profit, and 45 cents per share for its stockholders. This easily beat out analyst estimates which had predicted to see the company come in ...

We have another big round of earnings coming out this morning. Three names that are going to be releasing earnings this morning are Halliburton (NYSE: HAL), Hasbro Inc. (NYSE: HAS) and Merck & Co. (NYSE: MRK). Let's take a look at what Wall Street is expecting to see this morning: Halliburton (NYSE: HAL) : Halliburton will be releasing its third quarter earnings before the market opens, and analysts are expecting to ...

This upcoming week there are going to be several notable big name companies reporting financial earnings that we will need to watch out for. Monday: YUM Brands Inc. (NYSE: YUM) will be reporting its third quarter earnings Monday after the market closes. The stock is expected to report to shareholders that it earned 45 cents per share during the quarter. For the same period last year the company came in with 42 ...