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Breaking News

Earnings Watch For February 2 (CAH, DOW, K, MA, MRK, SLE)

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2/2/2012 5:27 AM ET
(RTTNews) - Cardinal Health, Inc. (CAH: News ) is slated to report second-quarter results. The company is expected to earn $0.76 per share versus $0.73 per share last year, on revenues of $26.89 billion. The company's shares closed Wednesday's regular trade at $43.08. (The stock dropped about 3% in Q2; MA(50)- $41.43; MA(100)- $42.01; 52-wk H/L $47.06/$37.53)

Dow Chemical Co. (DOW: News ) is due to post quarterly results. The company is expected to report fourth-quarter earnings of $0.30 per share on revenues of $14.19 billion. In the same quarter a year earlier, the company earned $0.47 per share on revenues of $13.77 billion. DOW closed Wednesday's session at $33.94. (The stock surged almost 29% in Q4; MA(50)- $29.11; MA(100)- $27.79; 52-wk H/L $42.23/$20.61)

Cereal maker Kellogg Co. (K: News ) is scheduled to report results for the fourth quarter. Earnings for the quarter are expected to be $0.63 per share, higher than $0.51 per share in the prior-year quarter, with revenues estimated at $2.99 billion. The shares closed Wednesday at $49.31. (The stock down around 4% in Q4; MA(50)- $49.89; MA(100)- $51.38; 52-wk H/L $57.70/$48.10)

Mastercard Inc. (MA: News ) will report its quarterly results today. For the fourth quarter, the payment card processor is expected to record a profit of $3.92 per share on revenues of $1.73 billion. Last year, the company posted earnings of $3.16 per share on revenues of $1.44 billion. The stock closed Wednesday at $357.62. (The stock gained nearly 18% in Q4; MA(50)- $359.54; MA(100)- $349.66; 52-wk H/L $384.99/$237.05)

Merck & Co., Inc. (MRK: News ) is expected to report fourth-quarter results. The drugmaker is expected to earn $0.95 per share versus $0.88 per share a year ago, on revenues of $12.53 billion. MRK closed Wednesday's session at $38.63 (The stock up about 17% in Q4; MA(50)- $36.98; MA(100)- $35.01; 52-wk H/L $39.43/$29.47)

Processed and packaged foods company Sara Lee Corp. (SLE: News ) is due to post quarterly results. For the second quarter, earnings and revenue are expected to be $0.25 per share and $2.14 billion respectively. A year ago, the company earned $0.24 per share on revenues of $2.35 billion. The company's shares closed regular trade on Wednesday at $19.02. (The stock rose almost 16% in Q2; MA(50)- $18.76; MA(100)- $18.14; 52-wk H/L $19.80/$15.66)

Allergan, Inc. (AGN), Alliance Data Systems Corp. (ADS), Alliant Techsystems Inc. (ATK), Cigna Corp. (CI), Con-Way, Inc. (CNW), Cummins Inc. (CMI), Diamond Offshore Drilling, Inc. (DO), Fiserv, Inc. (FISV), Gilead Sciences, Inc. (GILD), Goodrich Corp. (GR), Lear Corp. (LEA), Maximus, Inc. (MMS), Mednax, Inc. (MD), New York Times Co. (NYT), Ryder System, Inc. (R), Tidewater Inc. (TDW), Viacom Inc. (VIAB) and Wynn Resorts, Ltd. (WYNN) are also scheduled to report their results today.

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by RTT Staff Writer

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