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Earnings Watch For July 30 (APC, HTZ, STX, YRCW, PMCS)

Anadarko Petroleum Corp. (APC) is due to post second-quarter results after the market closes today. The company is expected to earn $0.77 per share compared to $1.14 per share last year, on revenues of $3.38 billion. Shares of APC closed Friday's trade at $71.41. (The stock down about 15% in Q2; MA(50)- $65.14; MA(100)- $70.47; 52-wk H/L $88.70/$56.42)

Hertz Global Holdings, Inc. (HTZ) is expected to report results for the second quarter. The company is expected to post earnings of $0.32 per share on revenues of $2.24 billion. In the year-ago quarter, the company earned $0.26 per share on revenues of $2.07 billion. The shares closed Friday at $11.47. (The stock declined nearly 15% in Q2; MA(50)- $12.55; MA(100)- $13.76; 52-wk H/L $16.64/$7.80)

Seagate Technology Plc (STX) is scheduled to report fourth-quarter results after the market closes today. The Dublin, Ireland-based company is expected to record a profit of $2.51 per share, a surge from $0.28 per share posted a year ago. Besides, the company is anticipated to generate revenues of $4.56 billion compared to $2.86 billion in the prior-year quarter. The company's shares closed Friday's session at $30.01. (The stock down around 15% in Q4; MA(50)- $25.07; MA(100)- $26.86; 52-wk H/L $32.55/$9.05)

YRC Worldwide Inc. (YRCW) is slated to report second-quarter results. The company is expected to post a loss of $4.43 per share versus loss of $243.00 per share last year. Also, the company is anticipated to generate revenues of $1.31 billion, up from $1.26 billion generated a year ago. The company's shares closed Friday's session at $5.45. (The stock rose almost 6% in Q2; MA(50)- $6.50; MA(100)- $6.67; 52-wk H/L $285.00/$4.56)

Chip maker PMC-Sierra Inc. (PMCS) will report second-quarter results today. Earnings and revenue for the quarter are expected to be $0.08 per share and $137.57 million respectively, while a year earlier, the company earned $0.17 per share on revenues of $171.02 million. The stock closed Friday at $6.01. (The stock down about 15% in Q2; MA(50)- $6.12; MA(100)- $6.55; 52-wk H/L $7.80/$4.91)

Arrow Electronics, Inc. (ARW), Cache Inc. (CACH), Cal-Maine Foods, Inc. (CALM), CIT Group Inc. (CIT), Eastman Chemical Co. (EMN), Enbridge Energy Partners LP (EEP), Fiserv, Inc. (FISV), Flowserve Corp. (FLS), Franklin Resources Inc. (BEN), Jacobs Engineering Group Inc. (JEC), Loews Corp. (L), Martha Stewart Living Omnimedia Inc. (MSO), Plum Creek Timber Co. Inc. (PCL) and Post Properties Inc. (PPS) are also expected to report their results today.

by RTTNews Staff Writer

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