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Earnings Watch For May 3 (ADP, DUK, HST, NWL, YRCW)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Payroll processor Automatic Data Processing Inc. (ADP) is expected to report results for the third quarter before the markets open. The company is expected to earn $0.98 per share on revenues of $3.11 billion. In the prior-year quarter, the Roseland, New Jersey-based business outsourcing solutions provider reported earnings of $0.91 per share on revenues of $2.92 billion. The shares closed Thursday at $67.39. (52-wk H/L $67.74/$50.89)

Electric utility Duke Energy Corp. (DUK) is scheduled to report first quarter results. The North Carolina-based company's earnings are expected to decline to $1.04 per share from $1.14 per share in the previous year, while revenues are anticipated at $5.74 billion, higher than last year's $3.63 billion. The company's shares closed Thursday's regular trading at $74.78.(52-wk H/L $75.46/$59.63)

Lodging real estate investment trust Host Hotels & Resorts Inc. (HST) is expected to report results for the first quarter. For the quarter, the company is expected to report earnings of $0.23 per share versus $0.14 per share last year. Besides, the company is anticipated to record revenues of $1.19 billion, up from last year's $985.00 million. The shares closed Thursday at $18.41. (52-wk H/L $18.45/$13.58)

S&P 500 component Newell Rubbermaid Inc. (NWL) is slated to report results for the first quarter before the bell. The marketer of consumer and commercial products is expected to report earnings of $0.32 per share, on revenue of $1.32 billion. Last year, the company posted profit of $0.33 per share, on revenue of $1.33 billion. The company's shares closed Thursday's regular trading at $26.39.(52-wk H/L $26.96/$16.67)

Transportation company YRC Worldwide Inc. (YRCW) will report its first quarter results today. The loss of the Overland Park, Kansas-based company is expected to narrow to $5.75 per share from $12.40 per share reported last year. Meanwhile, revenues are anticipated at $1.20 billion, up from the year-ago quarter's $1.19 billion. Shares of YRCW closed Thursday's trade at $7.76. (52-wk H/L $9.60/$5.01)

Furniture Brands International Inc. (FBN) and WellCare Health Plans, Inc. (WCG) are also due to report their results.

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