Earnings Roundup

FedEx Corp (NYSE: FDX) reported a rise in its fiscal second-quarter profit. FedEx's quarterly profit surged to $487 million, or $1.57 per share, from $283 million, or $0.89 per share, in the year-earlier period. Its revenue gained to $10.59 billion from $9.63 billion. However, analysts were expecting earnings of $1.53 per share on revenue of $10.59 billion. FedEx projects third-quarter earnings in the range of $1.25 to $1.45 per share, versus analysts' estimates of $1.32 per share.

Pier 1 Imports Inc (NYSE: PIR) reported a 9.5% rise in its fiscal third-quarter earnings. Pier 1's quarterly profit climbed to $23 million, or $0.21 per share, from $21 million, or $0.18 per share, in the year-ago period. However, the company expected earnings of $0.20 to $0.21 per share. Pier 1's gross margin surged to 43.2% from 40.7%.

Rite Aid Corp (NYSE: RAD) reported a narrower third-quarter loss. Rite Aid posted a quarterly loss of $52 million, or $0.06 per share, versus a year-ago loss of $79 million, or $0.09 per share. The retailer's revenue gained 1.8% to $6.3 billion. However, analysts were expecting a loss of $0.12 per share on revenue of $6.29 billion. Rite Aid projects 2012 same-store sales to rise by 1.15% to 1.75% over 2011. The company projects 2012 loss of $0.37 to $0.50 per share on revenue of $25.85 billion to $26 billion. However, analysts were expecting a loss of $0.44 per share on revenue of $25.79 billion.

Scholastic Corp (NASDAQ: SCHL) reported an upbeat second-quarter profit from continuing operations. Scholastic's quarterly earnings from continuing operations climbed to $82.8 million, or $2.60 per share, from $74.9 million, or $2.14 per share, in the year-ago period. Its revenue surged 3% to $685.3 million. However, analysts were expecting earnings of $2.33 per share on revenue of $684.7 million.

Discover Financial Services (NYSE: DFS) reported its Q4 EPS at $0.95 on revenue of $1.81 billion. However, analysts were expecting earnings of $0.90 per share on revenue of $1.81 billion.

The Marcus Corporation (NYSE: MCS) reported a rise in its second quarter earnings. Marcus' quarterly operating income climbed 15.8% to $6,261,000, from $5,406,000, in the year-ago period. Its net earnings surged 35.5% to $2,824,000, from $2,084,000. Marcus' earnings per share came in at $0.10, up from $0.07. Its total revenue climbed 3.8% to $90,069,000, from $86,735,000 in the year-ago quarter. However, analysts were expecting earnings of $0.09 per share on revenue of $92.95 million.

Schiff Nutrition International Inc (NYSE: WNI) reported its Q2 EPS at $0.08 on revenue of $61 million. However, analysts were expecting earnings of $0.12 per share on revenue of $57.90 million.

Winnebago Industries Inc (NYSE: WGO) reported a 73% drop in its fiscal first-quarter earnings. Winnebago's quarterly profit declined to $1.04 million, or $0.04 per share, from $3.79 million, or $0.13 per share, in the year-ago period. However, analysts were expecting earnings of $0.06 per share. Its revenue surged 6.6% to $131.8 million. Winnebago's total motor home deliveries fell 6.7% y/y. Its gross margin declined to 6.4% from 9.1%.