Earnings report being released on Wednesday night will include Alcoa Inc. (NYSE:AA), Bed Bath & Beyond Inc. (NASDAQ:BBBY) and Pier 1 Imports Inc (NYSE:PIR). Here’s a quick look at what Wall Street is expecting from these earnings reports, due out after the bell.
Alcoa Inc. (AA): Analysts are expecting earnings per share of 26 cents for AA stock in the first quarter of 2015. This would have the company reporting earnings per share that were almost triple that of what it reported during the same time last year. Revenue is expected to be up 8.9% to $5.94 billion. The company has seen shares increase by 7% in the last week.
Bed Bath & Beyond Inc. (BBBY): Wall Street is expecting earnings per share of $1.80 for the fourth quarter of 2014. This will have the shares increasing by 12.5% when compared to the $1.60 that was reported the same time in 2013. Revenue for the company is expected to be 3.37 billion for this quarter. This would be a 5.30% over the 3.20 billion sales from 2013. BBY shares have increased 1% in the last week.
Pier 1 Imports Inc (PIR): PIR is expected to report earnings per share of 36 cents for the fourth quarter of 2015. If the company meets analysts’ estimates, this would have their earnings per share falling 12.2% from last year’s 41 cents. Earnings for the quarter are expected to be 548.71 million, which would be up 6.40% from last year. PIR shares have dropped 11% in the last week.
