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Earnings Watch For October 19 (BHI, GE, HON, PH, MCD, SLB)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Oil services provider Baker Hughes Inc. (BHI) is expected to report results for the third quarter. The company is expected to earn $0.84 per share on revenues of $5.44 billion. In the year-ago quarter, the company reported earnings of $1.18 per share on revenues of $5.18 billion. The shares closed Thursday at $47.10. (The stock dropped almost 2% in Q3; MA(50)- $46.48; MA(100)- $44.21; 52-wk H/L $61.90/$37.08)

General Electric Co. (GE) is due to post third-quarter results. The company is expected to record earnings of $0.36 per share versus $0.31 per share last year, with revenues estimated at $36.89 billion. Shares of GE closed Thursday's trade at $22.81. (The stock up about 5% in Q3; MA(50)- $21.81; MA(100)- $20.85; 52-wk H/L $23.18/$14.68)

Honeywell International Inc. (HON) is slated to report results for the third quarter. The diversified manufacturing company is expected to report a profit of $1.14 per share versus $1.10 per share last year, on revenues of $9.51 billion. The stock closed Thursday at $61.42. (The stock declined nearly 8% in Q3; MA(50)- $59.85; MA(100)- $57.88; 52-wk H/L $62/$48.82)

Parker-Hannifin Corp. (PH) will report first-quarter results today. The company is expected to earn $1.73 per share, lower than $1.91 per share reported a year ago, with revenues estimated at $3.23 billion. The company's shares closed Thursday's session at $85.07. (The stock declined around 9% in Q1; MA(50)- $82.66; MA(100)- $80.36; 52-wk H/L $91.47/$70.42)

Hamburger chain McDonald's Corp. (MCD) is scheduled to report third-quarter results. The Oak Brook, Illinois-based company is expected to post earnings of $1.42 per share, higher than the year-ago quarter's $1.35 per share. Also, the company is anticipated to generate revenues of $7.10 billion, up from $6.91 billion generated a year ago. The company's shares closed Thursday's session at $92.86. (The stock down about 9% in Q3; MA(50)- $90.79; MA(100)- $89.99; 52-wk H/L $102.22/$85.92)

Schlumberger Ltd. (SLB) is due to report results for the third quarter. The oilfield services provider is expected to record a profit of $1.06 per share on revenues of $10.68 billion. Last year, the company earned $0.98 per share on revenues of $10.23 billion. The company's shares closed Thursday's trade at $74.80. (The stock dropped about 7% in Q3; MA(50)- $73.61; MA(100)- $70.06; 52-wk H/L $80.78/$59.12)

Additionally, Air Products & Chemicals Inc. (APD), Cooper Industries Plc (CBE), Edwards Lifesciences Corp. (EW), IDEXX Laboratories, Inc. (IDXX), Ingersoll-Rand Plc (IR) and Kansas City Southern (KSU) will post their results today.

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