Earnings Watch For March 27(ACN, RHT, FRED, GME, OXM)

(RTTNews) - Technology outsourcing and consultancy company Accenture Plc (ACN) is expected to report second quarter results after the markets close. The Dublin, Ireland-based company is expected to earn $1.04 per share, an increase from the prior year's $1.00 per share. Revenues are anticipated at $7.21 billion, higher than the $7.06 billion reported a year ago. The shares closed Wednesday at $82.97. (52-wk H/L $85.88/$69.00)

Red Hat Inc. (RHT), based in Raleigh, North Carolina, is due to post its fourth quarter results. The linux software provider is expected to report earnings of $0.37 per share, up marginally from last year's $0.36 per share. Quarterly revenues are anticipated to rise to $398.92 million from $347.88 million reported a year earlier. The stock closed Wednesday's regular trading at $55.98. (52-wk H/L $61.45/$41.89)

Discount retailer Fred's Inc. (FRED) is scheduled to report fourth quarter results before the bell. The earnings of the company are expected to decline to $0.15 per share from $0.18 per share reported a year earlier. Revenues are projected to decrease to $507.09 million from the prior year's $533.38 million. The stock closed Wednesday at $19.14. (52-wk H/L $21.05/$13.25)

Videogame retailer GameStop Corp. (GME) is scheduled to report fourth-quarter results. The company is expected to post earnings of $1.92 per share, lower than the year-ago quarter's $2.16 per share. However, the company is anticipated to generate revenues of $3.79 billion, higher than the $3.56 billion in the prior-year quarter. The company's shares closed Wednesday's session at $38.90. (52-wk H/L $57.74/$25.25)

Atlanta, Georgia-based Oxford Industries Inc. (OXM) is expected to report fourth quarter results. The earnings of the apparel retailer are expected to climb to $0.86 per share from $0.65 per share last year. The company is anticipated to record revenues of $250.13 million, up from $236.25 million recorded in the previous year. On the NYSE, the stock closed Wednesday at $73.12. (52-wk H/L $82.84/$51.82)

Commercial Metals Company (CMC), Lululemon Athletica Inc. (LULU),Winnebago Industries, Inc. (WGO), Worthington Industries, Inc. (WOR) and Progress Software Corp. (PRGS) are also scheduled to report their results.