Here are four stocks the Yahoo Finance team is following today.
First up, FedEx (FDX). The company reported earnings this morning of $1.57 per share, missing on estimates of $1.64. It also reported revenues of $11.4 billion, just shy of estimates for $11.43 billion, but up from the $11.11 billion it posted a year ago. For the year, FedEx is up over 47%.
Next, General Mills (GIS). The company reported profits of $0.83 a share missing estimates of $0.88. It also missed on revenue coming in at $4.88 billion when estimates were for $4.94 billion. The American food giant has seen shares rise 20% for the year. The rise in stock price can be attributed to its focus on international expansion where its products like Cheerios, Haagan-Dazs and Betty Crocker can be found in more than 100 countries.
Next, homebuilder Lennar (LEN) which reported profits of $0.73 a share beating estimates of $0.62, and up from last year's $0.56. Revenue rose 42% to $1.92 billion up from $1.35 billion from a year ago and beating estimates of $1.88 billion. Deliveries of homes jumped 27% while new orders rose 13% in the period. For the year, Lennar has seen shares drop close to 12%.
Finally, Oracle (ORCL) which is expected to report earnings later today. The company is expected to post earnings of $0.67 a share, up from last year's $0.64. Revenue is also expected to improve with analysts estimates at $9.19 billion, up from last year's $9.11 billion. According to one Wall Street analyst, Oracle could be reorganizing its U.S. sales force, as well as be close to a $150 million agreement with rival Hewlett-Packard (HPQ). Oracle stock is down over 3% since the beginning of the year.