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

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)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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