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Earnings Watch For May 2 (BZH, CI, GM, KRFT, LNKD, CAH)

Homebuilder Beazer Homes USA Inc. (BZH) is expected to report results for the second quarter. The company is expected to a report a loss of $0.75 per share, narrowed than the loss of $2.55 per share for the year-ago period. Quarterly revenues are anticipated to rise to $252.24 million from $191.64 million in the previous year. The shares closed Wednesday at $16.79. (52-wk H/L $20.15/$10.90)

Health insurer Cigna Corp. (CI) is expected to report first quarter results before the markets open. The earnings of the company are expected to increase to $1.43 per share from $1.24 per share reported a year earlier, while quarterly revenues are anticipated to rise to $7.31 billion from last year's $6.14 billion. The shares closed Wednesday at $65.38. (52-wk H/L $66.94/$39.01)

General Motors Co. (GM) will post its first quarter results today. Quarterly earnings are expected to decline to $0.54 per share from $0.93 per share reported a year ago. The automaker is anticipated to record revenues of $36.60 billion compared to last year's $37.76 billion. The company's shares closed Wednesday's regular trading at $30.18. (52-wk H/L $31.08/$18.72)

Packaged food company Kraft Foods Group, Inc. (KRFT) is scheduled to report first-quarter results. The earnings for the quarter are expected to be $0.64 per share on revenues of $4.49 billion. The company's shares closed Wednesday's session at $51.07. (52-wk H/L $52.51/$42.00)

Mountain View, California-based LinkedIn Corp. (LNKD) is due to report its first quarter results after the close of trading. The earnings of the professional networking giant company to have grown to $0.31 per share from $0.15 per share reported in the previous year, while revenues are estimated at $317.08 million, higher than $188.46 million in the prior year. The stock closed Wednesday at $194.82. (52-wk H/L $195.50/$88.00)

Cardinal Health, Inc. (CAH) is slated to report results for the third quarter. The healthcare services provider is expected to report a profit of $0.95 per share, slightly higher than $0.94 per share a year ago. Besides, revenues are estimated to decline to $24.72 billion from $26.92 billion in the previous year. The stock closed Wednesday at $43.94. (52-wk H/L $47.23/$36.91)

Airgas Inc. (ARG), CME Group (CME), Kellogg Company (K), Marsh & McLennan Companies Inc. (MMC), MoneyGram International, Inc. (MGI), Teva Pharmaceutical Industries Limited (TEVA), VMware Inc. (VMW), Bebe stores Inc. (BEBE), Clear Channel Outdoor Holdings Inc. (CCO), Digital River, Inc. (DRIV), Emulex Corp. (ELX), Health Management Associates (HMA), Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO), QLogic Corp. (QLGC) and XL Group plc (XL) are also due to report their results.

by RTTNews Staff Writer

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