On Tap Today: Housing Starts, Earnings Reports by Goldman Sachs, Lehman
Today the market will get earnings releases from companies including Jabil Circuit (JBL - Get Report), Best Buy (BBY), American Greetings (AM), Goldman Sachs (GS - Get Report) and Lehman Brothers (LEH).
Jabil Circuit, a provider of electronic manufacturing services, is slated to report after the close. Twenty-nine analysts polled by Thomson Financial/First Call expect the company to earn 16 cents a share. Jabil earned 21 cents in the year-ago period.
Specialty retailer Best Buy is also on the earnings calendar for Tuesday. Wall Street is expecting the company to earn 23 cents a share in the fiscal first quarter. The company earned 34 cents in the year-ago period.
Analysts expect investment banking concern Lehman Brothers to earn $1.14 a share in the second quarter, down from $1.39 during the same period last year. Goldman is expected to earn $1.06 a share for the second quarter, down from $1.48 a year ago. Analysts are expecting American Greetings to post first-quarter earnings of 25 cents, which is well short of the 60 cents the company made in the same period a year ago.
Economic Data( Forecasts are from Reuters . Times are Eastern. For a longer-term economic calendar and more, see TSC's
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