Cable giant Comcast Corp. (CMCSA: Quote) is expected to report results for the third quarter. The company is expected to earn $0.46 per share on revenues of $16.08 billion, while in the year-ago quarter, earnings and revenue were $0.33 per share and $14.34 billion respectively. The shares closed Thursday at $36.36. (The stock up about 8% in Q3; MA(50)- $35.24; MA(100)- $33.61; 52-wk H/L $37.60/$20.90)
Coventry Health Care Inc. (CVH: Quote) is due to post third-quarter results. The company is expected to record earnings of $0.73 per share versus $0.82 per share last year, on revenues of $3.50 billion. Shares of CVH closed Thursday's trade at $43.93. (The stock declined around 10% in Q3; MA(50)- $41.96; MA(100)- $37.15; 52-wk H/L $44.26/$27.72)
Merck & Co. Inc. (MRK: Quote) is scheduled to report third-quarter results. The healthcare giant is expected to post earnings of $0.92 per share, lower than the year-ago quarter's $0.94 per share. Also, the company is anticipated to generate revenues of $11.57 billion compared to $12.02 billion in the prior-year quarter. The company's shares closed Thursday's session at $46.30. (The stock gained nearly 10% in Q3; MA(50)- $44.82; MA(100)- $43.38; 52-wk H/L $48.00/$33.13)
Newell Rubbermaid Inc. (NWL: Quote) is slated to report results for the third quarter. Earnings and revenue for the quarter are expected to be $0.44 per share and $1.54 bililon respectively. A year earlier, the company earned $0.45 per share on revenues of $1.55 billion. The stock closed Thursday at $20.09. (The stock rose almost 2% in Q3; MA(50)- $19; MA(100)- $18.38; 52-wk H/L $21.04/$14.22)
Additionally, American Axle & Manufacturing Holdings Inc. (AXL), Arch Coal Inc. (ACI), Barnes Group Inc. (B), Goodyear Tire & Rubber Co. (GT), ImmunoGen, Inc. (IMGN), Interpublic Group of Companies, Inc. (IPG), Kohlberg Kravis Roberts & Co. (KKR), Lear Corp. (LEA), Legg Mason Inc. (LM), Lifepoint Hospitals Inc. (LPNT), LyondellBasell Industries NV (LYB) and Rockwell Collins Inc. (COL) will report their results today.
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by RTT Staff Writer
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