Financial services giant Citigroup, Inc. (C) is slated to post quarterly results before the market opens. The company is expected to report fourth-quarter earnings of $0.49 per share on revenues of $18.54 billion. In the same quarter a year earlier, the company earned $0.40 per share on revenues of $18.37 billion. The shares closed Friday's trade at $30.74. (The stock down about 10% in Q1; MA(50)- $27.74; MA(100)- $27.98; 52-wk H/L $49.60/$21.40)
Prior to opening of the market, Forest Laboratories, Inc. (FRX) is due to report third-quarter results. The pharmaceutical company is expected to report earnings of $1.01 per share versus $1.34 per share a year ago, with revenues estimated at $1.18 billion. On Friday, the company's shares closed regular trade at $30.90. (The stock rose almost 1% in Q1; MA(50)- $29.95; MA(100)- $31.03; 52-wk H/L $40.52/$29.26)
M&T Bank Corp. (MTB) is scheduled to report results for the fourth quarter before the market opens. The company is expected to record a profit of $1.46 per share on revenues of $991.95 million. Last year, the company earned $1.59 per share on revenues of $861.04 million. On the NYSE, MTB closed Friday's session at $82.34. (The stock gained nearly 1% in Q1; MA(50)- $74.02; MA(100)- $73.69; 52-wk H/L $91.05/$66.40)
Wells Fargo & Co. (WFC) is expected to post quarterly results. For the fourth quarter, the company is expected to report earnings of $0.72 per share on revenues of $20.08 billion, while in the prior-year quarter, the company posted earnings of $0.61 per share on revenues of $21.49 billion. The shares closed Friday at $29.61. (The stock up about 1% in Q1; MA(50)- $26.37; MA(100)- $25.69; 52-wk H/L $34.25/$22.58)
Brokerage TD Ameritrade Holding Corp. (AMTD) will report results for the first quarter today. The company is expected to earn $0.26 per share, higher than $0.25 per share reported a year earlier, on revenues of $671.47 million. AMTD closed Friday's trade at $16.30. (The stock rose almost 11% in Q1; MA(50)- $16.08; MA(100)- $15.60; 52-wk H/L $22.90/$13.43)
Century Bancorp, Inc. (CNBKA), Check Point Software Technologies Ltd. (CHKP), Linear Technology Corp. (LLTC), Cree, Inc. (CREE) and Fulton Financial Corp. (FULT) are also expected to report their results today.
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