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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

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French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
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