Earnings Watch For August 21 (HPQ, AEO, SJM, LOW, TGT, TOLL)

(RTTNews) - Luxury homebuilder Toll Brothers, Inc. (TOL) is expected to report third quarter results. The Horsham, Pennsylvania based company is expected to earn $0.26 per share, lower than the $0.36 per share last year, whereas revenues are anticipated to grow to $695.52 million from the prior year's $554.32 million. The shares of TOL closed Tuesday's trade at $31.64. (52-wk H/L $39.25/$28.50).

Computer and printer maker Hewlett-Packard Co. (HPQ) is scheduled to report third quarter results after the close of trading. The earnings of the company are expected to decline to $0.86 per share from $1.00 per share last year. Further, the Palo, Alto, California-based company is expected to report revenues of $27.29 billion, down from last year's $29.67 billion. The shares closed Tuesday at $25.84. (52-wk H/L $27.78/$11.35)

Home improvement retailer Lowe's Companies Inc. (LOW) will report its second quarter results before the market opens. The company is expected to report a profit of $0.79 per share, higher than the $0.65 per share reported a year earlier. Revenues are projected to increase to $15.06 billion from the prior year's $14.25 billion. The company's shares closed Tuesday's session at $44.08. (52-wk H/L $46.25/$26.40)

Minneapolis, Minnesota-based Target Corp. (TGT) is due to post its second quarter results before the bell. The discount-store operator is expected to report earnings of $0.96 per share, a decline from $1.06 per share last year. But, revenues are projected to rise to $17.26 billion from the prior year's $16.78 billion. The shares of TGT closed Tuesday's trade at $67.95. (52-wk H/L $73.50/$58.01)

Teen-apparel retailer American Eagle Outfitters, Inc. (AEO) is slated to report results for the second quarter. The company is expected to report a profit of $0.10 per share, a sharp decline from the previous year's $0.21 per share. Further, revenues are anticipated to decrease to $719.46 million from $739.68 million in the previous year. The stock closed Tuesday at $16.38. (52-wk H/L $23.94/$15.97)

Food products maker J. M. Smucker Co. (SJM) is expected to report results for the first quarter before the market opens. The company is expected to post earnings of $1.20 per share, higher than the year-ago quarter's $1.17 per share. Besides, the company is anticipated to generate revenues of $1.34 billion compared to $1.37 billion in the prior-year quarter. The company's shares closed Tuesday's session at $109.10. (52-wk H/L $114.72/$81.60)

Citi Trends, Inc. (CTRN), Semtech Corp (SMTC), Synopsys Inc. (SNPS), PetSmart, Inc. (PETM) and Staples, Inc. (SPLS) are also due to report their results today.