Energy powerhouses Chevron Corp. (CVX) and Exxon Mobil Corp. (XOM) 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) 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) 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) 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), Ingersoll-Rand Plc (IR), Lear Corp. (LEA), Legg Mason Inc. (LM), LyondellBasell Industries NV (LYB), Mattel Inc. (MAT) are also scheduled to report their results today.
by RTT Staff Writer
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