Energy powerhouses Chevron Corp. (CVX: Quote) and Exxon Mobil Corp. (XOM: Quote) are scheduled to report fiscal fourth quarter results today before the opening of the market. Chevron is expected to post $3.04 per share for the quarter, higher than $2.58 per share reported a year ago. Quarterly revenues are estimated to grow to $68.64 billion from last year's $59.98 billion. On Thursday, the stock closed at $115.15. (52-wk H/L $118.53/$95.73)
Exxon Mobil is expected to earn $2.00 per share, up from last year's $1.97. Revenue for the period is projected to be down at $115.22 billion, versus $121.61 billion last year. Shares of Exxon Mobil closed Thursday's trade at $89.97. (52-wk H/L $93.67/$77.13)
Healthcare giant Merck & Co., Inc. (MRK: Quote) is due to post its fourth quarter results. The whitehouse Station, New Jersey-based company's earnings are expected to decline to $0.81 per share from $0.97 per share reported a year earlier. Quarterly revenues are anticipated at $11.48 billion, down from last year's $12.29 billion. The stock closed Thursday at $43.25. (52-wk H/L $48.00/$36.91)
S&P 500 component Newell Rubbermaid Inc. (NWL: Quote) is slated to report results for the fourth quarter before the bell. The marketer of consumer and commercial products is expected to report earnings of $0.42 per share, on revenue of $1.52 billion. Last year, the company posted profit of $0.40 per share, on revenue of $1.50 billion. The company's shares closed Thursday's regular trading at $23.48.(52-wk H/L $23.71/$16.63)
Meat products maker Tyson Foods Inc. (TSN: Quote) is set to announce its first quarter results. Earnings for the period are anticiapted to remain flat at $0.42 per share, while revenues are projected to increase to $8.60 billion from $8.33 billion in the prior year quarter. TSN closed Thursday at $22.12. (52-wk H/L $22.86/$14.07)
Aon plc (AON: Quote), Ingersoll-Rand Plc (IR: Quote), Lear Corp. (LEA), Legg Mason Inc. (LM: Quote), LyondellBasell Industries NV (LYB: Quote), Mattel Inc. (MAT: Quote) are also scheduled to report their results today.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org