Diversified conglomerate General Electric Co. (GE) is scheduled to post second-quarter results. The company is expected to record earnings of $0.37 per share versus $0.34 per share last year, on revenues of $36.80 billion. Shares of GE closed Thursday's trade at $19.80. (The stock rose almost 5% in Q2; MA(50)- $19.45; MA(100)- $19.46; 52-wk H/L $21.00/$14.02)
Schlumberger Ltd. (SLB) is due to report second-quarter results. Earnings and revenue for the quarter are expected to be $1.00 per share and $10.41 billion respectively. In the previous year, the oilfield services provider earned $0.87 per share on revenues of $9.62 billion. On Thursday, the shares closed trade at $68.64. (The stock down about 7% in Q2; MA(50)- $65.22; MA(100)- $68.87; 52-wk H/L $95.53/$54.79)
Xerox Corp. (XRX) is slated to report results for the second quarter. The company is expected to earn $0.26 per share on revenues of $5.59 billion, while in the year-ago quarter, earnings and revenue were $0.27 per share and $5.61 billion respectively. The shares closed Thursday at $7.19. (The stock dropped around 2% in Q2; MA(50)- $7.48; MA(100)- $7.77; 52-wk H/L $10.40/$6.55)
American Electric Power Co., Inc. (AEP), Baker Hughes Inc. (BHI), Ingersoll-Rand Plc (IR) and SunTrust Banks, Inc. (STI) are also expected to report their results today.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.