Red Hat ( RHT) missed Wall Street estimates for the fourth quarter. The open source software company posted adjusted earnings of 36 cents a share in the quarter on revenue of $348 million, an increase of 17% year over year. Analysts were looking for earnings of 30 cents a share on revenue of $349.4 million. The company noted that subscription revenue, the majority of its business, was $303 million for the quarter, up 19% year over year. Red Hat Slammed as Revenue Falls Short
GameStop ( GME) is expected by analysts Thursday to post fourth-quarter earnings of $2.09 a share on revenue of $3.45 billion.
PVH ( PVH), the clothing maker, said Wednesday that fourth-quarter earnings more than doubled. Adjusted earnings of $1.60 a share easily beat analysts' earnings expectations. PVH forecast adjusted earnings in 2013 of $7 a share, below estimates of $7.40 a share, as the acquisition of Warnaco cuts into profits. 4 Reasons Not to Buy Stocks in 2013
Mosaic ( MOS) is expected by Wall Street to earn 88 cents a share in its fiscal third quarter on revenue of $2.29 billion.
Analysts expect Accenture ( ACN) to post fiscal second-quarter earnings of 97 cents a share. 5 Stocks With Major Insider Buying
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