1) Philips-Van Heusen (NYSE:PVH): Shares are up nearly 2% after the company released fourth quarter earnings after the bell. The company beat estimates by 11 cents with EPS of 93 cents. Revenue for the Q4 was $1.4 billion, an increase from last year’s $614.6 million in the same period. The company markets and designs clothing products such as Calvin Klein, Tommy Hilfiger, and Donald Trump.
2) Cal-Maine Foods (NASDAQ:CALM): The company produces, cleans, packages, and sells fresh shell eggs across the US. The company also engages in cage free and organic eggs, which sell at a higher price. Monday, the company released fiscal third quarter earnings. Although net income slipped 3% on higher feed costs, the company beat estimates on increased organic egg sales. CALM earned $33.6 million ($1.40 per share), compared to estimates of $1.22 per share. Shares closed up 7.73%.
3) Progress Software (NASDAQ:PRGS): Shares are down 1.54% as the company reports fiscal Q1 results. The company earned $20.5 million (29 cents per share), compared to a $1 million (2 cents per share) loss in last year’s quarter. Looking forward, the company expects to earn 41-43 cents per share next quarter. Analysts were expecting earnings of 44 cents per share. PRGS is involved in developing, marketing, and distributing application infrastructure software for businesses.
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