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Earnings Watch For July 16 (C, JBHT, UAL)

Financial services giant Citigroup, Inc. (C) is expected to report results for the second quarter before the market opens today. The company is expected to earn $0.89 per share on revenues of $18.76 billion. In the year-ago quarter, the company reported earnings of $1.09 per share on revenues of $20.62 billion. The stock closed Friday at $26.65. (The stock declined about 25% in Q2; MA(50)- $27.49; MA(100)- $31.09; 52-wk H/L $40.50/$21.40)

JB Hunt Transport Services Inc. (JBHT) is due to post second-quarter results. The trucking company is expected to record earnings of $0.67 per share compared to $0.53 per share last year, on revenues of $1.30 billion. Shares of JBHT closed Friday's trade at $59.09. (The stock rose around 10% in Q2; MA(50)- $56.75; MA(100)- $55.37; 52-wk H/L $61.18/$34.42)

Chicago-based United Continental Holdings, Inc. (UAL) is scheduled to report second-quarter results. Quarterly earnings are expected to increase to $1.70 per share from $1.49 per share in the same quarter a year earlier. Also, the company is anticipated to generate revenues of $10.05 billion, up from $9.70 billion recorded a year ago. UAL closed Friday's session at $24.14. (The stock gained nearly 13% in Q2; MA(50)- $23.45; MA(100)- $22.31; 52-wk H/L $25.84/$15.51)

Gannett Co., Inc. (GCI), Lincare Holdings Inc. (LNCR) and Packaging Corp. of America (PKG) will also report their results today.

by RTTNews Staff Writer

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