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Earnings Watch For August 1 (CAH, PG, KRFT, COP, XOM, LNKD)

Consumer goods giant Procter & Gamble Co. (PG) is expected to report fourth quarter results. The Cincinnati, Ohio-based company is expected to post earnings of $0.77 per share, a decline from year-ago quarter's $0.82 per share. However, revenues are anticipated at $20.55 billion, up from $20.21 billion generated a year ago. Shares of PG closed Wednesday's trade at $80.30. (52-wk H/L $82.54/$63.24)

Integrated oil company ConocoPhillips (COP) is due to post its second-quarter results. The Houston, Texas-based company is expected to earn $1.29 per share, higher than the $1.22 per share a year ago, whereas revenues estimated at $12.75 billion, lower than the prior year's $13.99 billion. The company's shares closed Wednesday's regular trading at $64.86. (52-wk H/L $66.25/$53.95)

Irving, Texas-based Exxon Mobil Corp. (XOM) is also scheduled to report second quarter results before the opening of the market. The Oil and natural gas giant is expected to earn $1.90 per share, up from $1.80 per share reported last year while revenues are projected to be down at $105.54 billion, versus $127.36 billion last year. The shares of Exxon Mobil closed Wednesday's trade at $93.75. (52-wk H/L $95.49/$84.70)

Packaged food company Kraft Foods Group, Inc. (KRFT) is scheduled to report second quarter results. The earnings for the quarter are expected to be $0.66 per share on revenues of $4.81 billion. The company's shares closed Wednesday's session at $56.58. (52-wk H/L $58.76/$42.00)

Mountain View, California-based LinkedIn Corp. (LNKD) is due to report its second quarter results after the close of trading. The earnings of the professional networking giant company are expected to grow to $0.31 per share from $0.16 per share reported in the previous year, while revenues are estimated at $353.85 million, higher than $228.21 million in the prior year. The stock closed Wednesday at $203.79. (52-wk H/L $203.39/$91.67)

Cardinal Health, Inc. (CAH) is slated to report results for the fourth quarter. The healthcare services provider is expected to report a profit of $0.77 per share, an increase from $0.73 per share a year ago. Besides, revenues are estimated to decline to $24.56 billion from $26.76 billion in the previous year. The stock closed Wednesday at $50.09. (52-wk H/L $51.09/$36.91)

Automatic Data Processing, Inc. (ADP), Avon Products Inc. (AVP), Barrick Gold Corp. (ABX), Beazer Homes USA Inc. (BZH), Chesapeake Energy Corp (CHK), Cigna Corp. (CI), The Clorox Co. (CLX), CME Group Inc. (CME), Fluor Corp (FLR), Kellogg Co. (K), Mylan, Inc. (MYL), The New York Times Co. (NYT), Teva Pharmaceutical Industries Ltd (TEVA), Time Warner Cable Inc. (TWC), Activision Blizzard, Inc. (ATVI), Clear Channel Outdoor Holdings Inc. (CCO), Consolidated Edison Inc. (ED), Liberty Global plc (LBTYA), Public Storage (PSA), Sierra Wireless Inc. (SWIR), Spansion Inc. (CODE), Tellabs Inc. (TLAB), ValueClick, Inc. (VCLK) and ViaSat Inc. (VSAT) are also scheduled to report their results.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Boeing Co.(BA) reported a loss for the second-quarter 2016 compared to profit in the prior year, reflecting 787 cost reclassification and charges on the 747 program and the KC-46 Tanker program, partially offset by solid execution and higher volume. It cut its profit outlook for fiscal year 2016, while it reaffirmed annual revenue guidance. Automaker Fiat Chrysler Automobiles NV on Wednesday reported a 25 percent increase in profit for the second quarter from last year. However, quarterly net revenues and worldwide shipments declined from last year. Coca-Cola Co. (KO) posted a profit for the second-quarter that increased 11 percent from last year, while net operating revenues declined 5 percent. It is targeting full-year 2016 net share repurchases of $2.0 billion to $2.5 billion.
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