Herman Miller Inc (NASDAQ: MLHR) is expected to earn $0.36 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.35 per share to as high as $0.36 per share. For the same quarter last year, the company earned $0.28 per share. Revenues are expected to come in at $440.20M. Shares of Herman Miller Inc fell by 0.94% or $-0.26/share to $27.47. In the past year, the shares have traded as low as $16.03 and as high as $27.86. On average, 319097 shares of MLHR exchange hands on a given day and today's volume is recorded at 102081. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $25.63 area where the stock will likely see buying pressure.
Bed Bath & Beyond Inc (NASDAQ: BBBY) is expected to earn $0.93 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.90 per share to as high as $0.97 per share. For the same quarter last year, the company earned $0.89 per share. Revenues are expected to come in at $2.60B. Shares of Bed Bath & Beyond Inc traded higher by 1.29% or $0.89/share to $69.70. In the past year, the shares have traded as low as $54.33 and as high as $75.84. On average, 2344760 shares of BBBY exchange hands on a given day and today's volume is recorded at 1264698. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $68.95 area where the stock will likely see buying pressure.
Paychex Inc (NASDAQ: PAYX) is expected to earn $0.38 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.36 per share to as high as $0.39 per share. For the same quarter last year, the company earned $0.34 per share. Revenues are expected to come in at $585.96M. Shares of Paychex Inc traded higher by 1.17% or $0.44/share to $38.07. In the past year, the shares have traded as low as $30.54 and as high as $38.66. On average, 2254660 shares of PAYX exchange hands on a given day and today's volume is recorded at 993658. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $37.35 area where the stock will likely see buying pressure.
Progress Software Corp (NASDAQ: PRGS) is expected to earn $0.22 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.21 per share to as high as $0.24 per share. For the same quarter last year, the company earned $0.21 per share. Revenues are expected to come in at $79.04M. Shares of Progress Software Corp traded higher by 1.25% or $0.27/share to $21.87. In the past year, the shares have traded as low as $17.45 and as high as $24.50. On average, 282594 shares of PRGS exchange hands on a given day and today's volume is recorded at 185696. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $22.53 area where the stock may encounter resistance.
