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Earnings Watch For April 16 (SCHW, C, GCI, MTB, MAT, UAL)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Charles Schwab Corp. (SCHW) is expected to report results for the first quarter. The brokerage and investment manager is expected to earn $0.15 per share on revenues of $1.18 billion. In the year-ago quarter, the company reported earnings of $0.20 per share on revenues of $1.21 billion. The shares closed Friday at $13.87. (The stock surged about 28% in Q1; MA(50)- $13.82; MA(100)- $12.75; 52-wk H/L $18.90/$10.56)

Financial services giant Citigroup, Inc. (C) is due to post first-quarter results. The company is expected to record earnings of $1.00 per share, flat with last year, on revenues of $19.81 billion. Shares of C closed Friday's trade at $33.41. (The stock rose around 39% in Q1; MA(50)- $34.46; MA(100)- $31.21; 52-wk H/L $46/$21.40)

Media holding company Gannett Co., Inc. (GCI), the publisher of USA Today, is scheduled to report first-quarter results. The company is expected to post earnings of $0.31 per share, lower than the year-ago quarter's $0.41 per share. Also, the company is anticipated to generate revenues of $1.24 billion compared to $1.25 billion in the prior-year quarter. The company's shares closed Friday's session at $15.04. (The stock gained nearly 16% in Q1; MA(50)- $15.00; MA(100)- $14.16; 52-wk H/L $16.26/$8.28)

M&T Bank Corp. (MTB) is slated to report results for the first quarter. The company is expected to report a profit of $1.48 per share compared to $1.59 per share last year, on revenues of $992.74 million. The stock closed Friday at $84.43. (The stock up about 15% in Q1; MA(50)- $83.29; MA(100)- $79.69; 52-wk H/L $90.76/$66.40)

Mattel, Inc. (MAT) is expected to post first-quarter results. Earnings for the quarter are expected to rise to $0.07 per share from $0.05 per share reported a year ago. Besides, the toy maker is anticipated to record revenues of $988.62 million, up from last year's $951.90 million. The company's shares closed Friday's regular trading at $34.13. (The stock rose around 22% in Q1; MA(50)- $33.01; MA(100)- $30.74; 52-wk H/L $34.62/$22.70)

United Continental Holdings, Inc. (UAL) will report first-quarter results today. The Chicago-based airline company is expected to report a loss of $0.96 per share compared to the loss of $0.41 per share last year, on revenues of $8.62 billion. Shares of UAL closed Friday's trade at $21.44. (The stock gained nearly 14% in Q1; MA(50)- $21.49; MA(100)- $20.38; 52-wk H/L $26.84/$15.51)

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