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Earnings Watch For July 16 (C, JBHT, UAL)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Financial services giant Citigroup, Inc. (C) is expected to report results for the second quarter before the market opens today. The company is expected to earn $0.89 per share on revenues of $18.76 billion. In the year-ago quarter, the company reported earnings of $1.09 per share on revenues of $20.62 billion. The stock closed Friday at $26.65. (The stock declined about 25% in Q2; MA(50)- $27.49; MA(100)- $31.09; 52-wk H/L $40.50/$21.40)

JB Hunt Transport Services Inc. (JBHT) is due to post second-quarter results. The trucking company is expected to record earnings of $0.67 per share compared to $0.53 per share last year, on revenues of $1.30 billion. Shares of JBHT closed Friday's trade at $59.09. (The stock rose around 10% in Q2; MA(50)- $56.75; MA(100)- $55.37; 52-wk H/L $61.18/$34.42)

Chicago-based United Continental Holdings, Inc. (UAL) is scheduled to report second-quarter results. Quarterly earnings are expected to increase to $1.70 per share from $1.49 per share in the same quarter a year earlier. Also, the company is anticipated to generate revenues of $10.05 billion, up from $9.70 billion recorded a year ago. UAL closed Friday's session at $24.14. (The stock gained nearly 13% in Q2; MA(50)- $23.45; MA(100)- $22.31; 52-wk H/L $25.84/$15.51)

Gannett Co., Inc. (GCI), Lincare Holdings Inc. (LNCR) and Packaging Corp. of America (PKG) will also report their results today.

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