Worthington Industries Inc (NYSE: WOR) is expected to earn $0.65 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.52 per share to as high as $0.83 per share. For the same quarter last year, the company earned $0.75 per share. Revenues are expected to come in at $699.55M. Shares of Worthington Industries Inc fell by 1.42% or $-0.46/share to $31.90. In the past year, the shares have traded as low as $17.16 and as high as $36.10. On average, 469354 shares of WOR exchange hands on a given day and today's volume is recorded at 521191. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $34.00 represents resistance and the 200-day moving average of $29.99 would be an area of support.
McCormick & Company Inc (NYSE: MKC) is expected to earn $0.61 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.60 per share to as high as $0.63 per share. For the same quarter last year, the company earned $0.60 per share. Revenues are expected to come in at $1.01B. Shares of McCormick & Company Inc fell by 1.49% or $-1.075/share to $70.96. In the past year, the shares have traded as low as $57.01 and as high as $75.26. On average, 621617 shares of MKC exchange hands on a given day and today's volume is recorded at 733532. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $72.23 represents resistance and the 200-day moving average of $68.84 would be an area of support.
Nike Inc (NYSE: NKE) is expected to earn $0.74 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.69 per share to as high as $0.80 per share. For the same quarter last year, the company earned $0.59 per share. Revenues are expected to come in at $6.64B. Shares of Nike Inc traded higher by 0.99% or $0.61/share to $62.46. In the past year, the shares have traded as low as $42.55 and as high as $66.07. On average, 3506240 shares of NKE exchange hands on a given day and today's volume is recorded at 1929861. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $62.92 represents resistance and the 200-day moving average of $57.49 would be an area of support.
Commercial Metals Co (NYSE: CMC) is expected to earn $0.18 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.15 per share to as high as $0.25 per share. For the same quarter last year, the company earned $0.24 per share. Revenues are expected to come in at $1.93B. Shares of Commercial Metals Co traded higher by 4.90% or $0.68/share to $14.57. In the past year, the shares have traded as low as $11.55 and as high as $17.47. On average, 1211500 shares of CMC exchange hands on a given day and today's volume is recorded at 787575. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $14.96 area but be careful because the stock may face selling pressure at this level.
ConAgra Foods Inc (NYSE: CAG) is expected to earn $0.59 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.58 per share to as high as $0.61 per share. For the same quarter last year, the company earned $0.51 per share. Revenues are expected to come in at $4.60B. Shares of ConAgra Foods Inc traded higher by 5.70% or $1.9/share to $35.25. In the past year, the shares have traded as low as $23.64 and as high as $36.31. On average, 3318080 shares of CAG exchange hands on a given day and today's volume is recorded at 5000544. 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 $34.38 area where the stock will likely see buying pressure.
