Video game publisher Activision Blizzard, Inc. (ATVI: Quote) is expected to report results for the second quarter. The company is expected to earn $0.12 per share on revenues of $834.79 million. In the year-ago quarter, the company reported earnings of $0.10 per share on revenues of $699 million. The shares closed Wednesday at $11.82. (The stock down about 6% in Q2; MA(50)- $11.88; MA(100)- $12.20; 52-wk H/L $14.40/$10.40)
CBS Corp. (CBS: Quote) is due to post second-quarter results. The media conglomerate is expected to record earnings of $0.59 per share compared to $0.58 per share last year, with revenues estimated at $3.53 billion. Shares of CBS closed Wednesday's trade at $33.07. (The stock dropped around 3% in Q2; MA(50)- $31.83; MA(100)- $32.17; 52-wk H/L $35.00/$17.99)
Kraft Foods Inc. (KFT), the world's second largest food company, is scheduled to report second-quarter results. Earnings and revenue for the quarter are expected to be $0.66 per share and $13.96 billion respectively. A year earlier, the company earned $0.62 per share on revenues of $13.88 billion. The company's shares closed Wednesday's session at $39.39. (The stock rose almost 2% in Q2; MA(50)- $38.82; MA(100)- $38.64; 52-wk H/L $40.29/$31.88)
Cardinal Health, Inc. (CAH: Quote) is slated to report results for the fourth quarter. The company is expected to report a profit of $0.72 per share versus $0.60 per share a year ago, on revenues of $27.25 billion. The stock closed Wednesday at $42.53. (The stock down about 2% in Q4; MA(50)- $41.95; MA(100)- $41.96; 52-wk H/L $46.23/$37.53)
Cereal maker Kellogg Co. (K: Quote) is expected to report results for the second quarter. The company is expected to earn $0.84 per share on revenues of $3.38 billion. In the prior-year quarter, the company reported earnings of $0.94 per share on revenues of $3.39 billion. The shares closed Wednesday at $47.81. (The stock declined nearly 7% in Q2; MA(50)- $48.69; MA(100)- $50.37; 52-wk H/L $55.30/$46.33)
General Motors Co. (GM: Quote) will post second-quarter results today. Quarterly earnings are expected to decline to $0.74 per share from $1.54 per share reported a year ago. Besides, the automaker is anticipated to record revenues of $38.58 billion compared to last year's $39.37 billion. The company's shares closed Wednesday's regular trading at $19.66. (The stock down about 23% in Q2; MA(50)- $20.66; MA(100)- $22.28; 52-wk H/L $27.68/$18.72)
Blue Nile Inc. (NILE), Consolidated Edison Inc. (ED), EOG Resources, Inc. (EOG), Fluor Corp. (FLR), LinkedIn Corp. (LNKD), Microchip Technology Inc. (MCHP), Public Storage (PSA), Pitney Bowes Inc. (PBI), Sotheby's (BID), ValueClick, Inc. (VCLK), Apache Corp. (APA), Apollo Global Management, LLC (APO), Becton, Dickinson and Co. (BDX), CBOE Holdings, Inc. (CBOE), CenterPoint Energy, Inc. (CNP), Cigna Corp. (CI), Clorox Co. (CLX), DIRECTV (DTV), Duke Energy Corp. (DUK), Furniture Brands International Inc. (FBN), Lear Corp. (LEA) and MGIC Investment Corp. (MTG) are also due to report their results today.
 | | To receive FREE breaking news email alerts for Activision Blizzard and others in your portfolio |
|
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News