Earnings Watch For September 18 (GIS, FDX, ORCL, APOG, CLC)

(RTTNews) - Database giant Oracle Corp. (ORCL) is expected to report results for the first quarter after the close of trading. The California-based Oracle is expected to earn $0.56 per share, higher than last year's $0.53 per share. Quarterly revenues are anticipated to rise to $8.48 billion from $8.21 billion reported a year earlier. The shares closed Tuesday at $33.26. (52-wk H/L $36.43/$29.52)

Package delivery giant FedEx Corp. (FDX) is slated to report first quarter results before the market opens. Quarterly earnings are expected to rise year-over-year to $1.50 per share from $1.45 per share last year. Revenues are anticipated at $10.97 billion, an increase from last year's $10.79 billion. On the NYSE, the shares closed Tuesday's trade at $110.68. (52-wk H/L $113.34/$83.92)

Packaged food company General Mills, Inc. (GIS) is scheduled to report first quarter results. The Minneapolis, Minnesota-based company is expected to report a profit of $0.70 per share, up from $0.66 per share last year, while revenues estimated at $4.29 billion, higher than last year's $4.05 billion. The stock closed Tuesday at $49.78. (52-wk H/L $53.07/$39.07)

Industrial glassmaker Apogee Enterprises, Inc. (APOG) is due to post its second quarter results. For the quarter, earnings are expected at $0.23 per share, higher than $0.17 per share in the prior year. Further, the Minneapolis, Minnesota-based company is anticipated to generate revenues of $187.00 million, up from last year's $175.94 million. The company's shares closed Tuesday's session at $29.36. (52-wk H/L $30.26/$17.10)

Franklin, Tennessee-headquartered Clarcor Inc. (CLC) will report its third quarter results after the close of trading. For the quarter, the air filter maker is expected to earn $0.66 per share on revenues of $298.74 million. In the year-ago quarter, the company reported earnings of $0.60 per share on revenues of $286.73 million. The shares closed Tuesday at $56.84. (52-wk H/L $57.31/$42.75)

Herman Miller Inc. (MLHR) and Steelcase Inc. (SCS) are also scheduled to report their results today.