Drugstore chain CVS Caremark Corp. (CVS) is expected to report results for the fourth quarter before the markets open. The Woonsocket, Rhode Island-based company is expected to earn $1.10 per share, higher than the prior year's $0.89 per share. Also, the company is anticipated to generate revenues of $31.13 billion compared to $28.32 billion in the prior-year quarter. The stock closed Tuesday at $51.72. (52-wk H/L $52.73/$42.43)
Cloud platform Akamai Technologies, Inc. (AKAM) is due to post its fourth quarter results after the close of trading. The company is expected to earn $0.50 per share on revenues of $381.32 million. In the year-ago quarter, the company reported earnings of $0.45 per share on revenues of $323.74 million. The shares closed Tuesday at $41.05. (52-wk H/L $42.53/$25.90)
New York-based Time Warner Inc. (TWX) is slated to report results for the fourth quarter. The media and entertainment giant is expected to report a profit of $1.10 per share compared to $0.94 per share last year. Quarterly revenues are anticipated to grow to $8.25 billion from $8.19 billion reported a year ago. The stock closed Tuesday at $49.96. (52-wk H/L $51.29/$33.62)
RealNetworks Inc. (RNWK) is scheduled to report its fourth quarter results. Last year, the technology company reported a loss of $0.16 per share on revenues of $80.22 million. The shares closed Tuesday's session at $7.57. (52-wk H/L $11.34/$6.75)
Internet businesses operator IAC/InterActiveCorp (IACI) is expected to report results for the fourth quarter after the market closes. Quarterly earnings and revenue are expected to be $0.78 per share and $758.10 million respectively. Last year, the company earned $0.70 per share on revenues of $596.94 million. Shares of IACI closed Tuesday's trade at $42.39. (52-wk H/L $55.57/$38.20)
Coventry Health Care Inc. (CVH), Cummins Inc. (CMI), IntercontinentalExchange, Inc. (ICE), Marathon Oil Corporation (MRO), Moneygram International Inc. (MGI), Ralph Lauren Corporation (RL), Wyndham Worldwide Corporation (WYN), CBRE Group, Inc. (CBG), Con-way Inc. (CNW), DeVry, Inc. (DV), Digital River Inc. (DRIV), Everest Re Group Ltd. (RE), FMC Corp. (FMC), Green Mountain Coffee Roasters, Inc. (GMCR), LeapFrog Enterprises Inc. (LF), NetEase, Inc. (NTES), PartnerRe Ltd. (PRE), Protective Life Corporation (PL), Prudential Financial, Inc. (PRU), RenaissanceRe Holdings Ltd. (RNR), Sierra Wireless Inc. (SWIR), TriQuint Semiconductor, Inc. (TQNT), Visa Inc. (V) and WMS Industries Inc. (WMS) are also scheduled to report their results.
by RTT Staff Writer
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