logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For April 24 (MMM, HSY, AMGN, BIDU, T, JNPR)

Diversified technology company 3M Co. (MMM) is expected to report results for the first quarter. The company is expected to earn $1.49 per share, flat with last year, on revenues of $7.49 billion. The shares closed Monday at $87.13. (The stock up about 10% in Q1; MA(50)- $87.70; MA(100)- $85.53; 52-wk H/L $98.19/$68.63)

Hershey Co. (HSY) is due to post first-quarter results. The chocolate and confectionery products maker is expected to record earnings of $0.81 per share versus $0.72 per share last year, while quarterly revenues are anticipated to increase to $1.66 billion from $1.56 billion in the prior year. Shares of HSY closed Monday's trade at $62.29. (The stock stood almost flat in Q1; MA(50)- $60.82; MA(100)- $60.60; 52-wk H/L $63.27/$53.77)

Amgen Inc. (AMGN) is scheduled to report first-quarter results. The biotechnology giant is expected to post earnings of $1.45 per share, higher than the year-ago quarter's $1.34 per share. Also, the company is anticipated to generate revenues of $3.93 billion compared to $3.71 billion in the prior-year quarter. The company's shares closed Monday's session at $68.29. (The stock gained nearly 6% in Q1; MA(50)- $67.52; MA(100)- $65.81; 52-wk H/L $70.00/$47.66)

China's most-popular search engine Baidu, Inc. (BIDU) is slated to report results for the first quarter. The company is expected to report a profit of $0.84 per share compared to $0.47 per share last year, with revenues estimated at $677.37 million. The stock closed Monday at $139.66. (The stock up about 25% in Q1; MA(50)- $141.40; MA(100)- $133.11; 52-wk H/L $165.96/$100.95)

Telecommunications giant AT&T, Inc. (T) is expected to post first-quarter results. Earnings for the quarter are expected to be $0.57 per share, same as prior-year quarter, on revenues of $31.85 billion. The company's shares closed Monday's regular trading at $30.61. (The stock rose almost 5% in Q1; MA(50)- $30.90; MA(100)- $30.26; 52-wk H/L $31.97/$27.29)

Juniper Networks, Inc. (JNPR), a maker of routers and switches, will report first-quarter results today. Earnings and revenue for the quarter are expected to be $0.13 per share and $976.84 million respectively. A year earlier, the company earned $0.32 per share on revenues of $1.10 billion. Shares of JNPR closed Monday's trade at $20.17. (The stock gained nearly 12% in Q1; MA(50)- $21.98; MA(100)- $21.63; 52-wk H/L $40.37/$16.67)

AK Steel Holding Corp. (AKS), Air Products & Chemicals Inc. (APD), Baker Hughes Inc. (BHI), Boyd Gaming Corp. (BYD), Celestica Inc. (CLS), Coach, Inc. (COH), Illinois Tool Works Inc. (ITW), Lexmark International Inc. (LXK), McGraw-Hill Companies, Inc. (MHP), RadioShack Corp. (RSH), Regions Financial Corp. (RF), Reynolds American Inc. (RAI), United States Steel Corp. (X), Western Union Co. (WU), ACE Ltd. (ACE), AmSurg Corp. (AMSG), Apple Inc. (AAPL), CBRE Group, Inc. (CBG), Century Aluminum Co. (CENX), CTS Corp. (CTS), DeVry, Inc. (DV), Edwards Lifesciences Corp. (EW), Healthways Inc. (HWAY), International Game Technology (IGT), Norfolk Southern Corp. (NSC), Panera Bread Co. (PNRA), Questar Corp. (STR), RF Micro Devices Inc. (RFMD), Unisys Corp. (UIS) and Websense, Inc. (WBSN) are also scheduled to post their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Ford Motor Co. has announced a safety recall for about 680,000 vehicles, mainly in North America, to fix faulty seat belts that may not hold people in the event of a crash. The recall, primarily for mid-size sedans, includes about 650,000 Ford Fusion vehicles manufactured between 2013 and 2016 and Lincoln MKZ produced between 2013 and 2015. Apple Inc. has confirmed its interest in autonomous vehicle technology, saying it is excited about the potential of automated systems in many areas, including transportation. In a letter to the National Highway Traffic Safety Administration, Steve Kenner, Apple's director of product integrity, said that the tech giant looks forward to collaborating with the regulator and other stakeholders. Japanese electronics maker Panasonic Corp. is in talks to buy Austrian headlight manufacturer ZKW Group GmbH, Nikkei business daily reported Monday, citing a person familiar with the matter. As per the report, both companies could reach a basic agreement as early as this month for a deal that could be worth up to $1 billion.
comments powered by Disqus
Follow RTT