Facebook, Apple, Starbucks, Caterpillar: Notable Earnings Reports To Watch, June 23-27
Next week's barrage of earnings releases offers further guidance on the health of U.S. companies.
Of the 19 percent of S&P 500 companies reporting earnings so far, 65 percent have beaten expectations, slightly better than average since 1994, according to Thomson Reuters data.
Are U.S. companies feeling the pinch of the European debt crisis and China's deceleration?
Caterpillar, which serves as a bellwether for global economic activity and as a barometer for global credit growth, doesn't seem to think so.
The Peoria, Ill.-based producer of industrial equipment and engines has been optimistic on the economic condition and raised its revenue guidance when it reported its first quarter results in April. Analysts seem to agree. The consensus now expects Caterpillar to report a 20 percent rise in revenue and a 50 percent jump in profits.
Companies in the transportation industry that are scheduled to report next week include: Delta Air Lines, US Airways, JetBlue Airways, Boeing and Ford.
In the pharmaceutical sector, Merck, Eli Lilly and Bristol Myers Squibb will be reporting their earnings results.
Other closely watched companies that will be reporting earnings next week include: Apple, Facebook, Amazon, Netflix, AT&T, Sprint Nextel, Exxon Mobil, Chevron, Starbucks, PepsiCo and Visa.
We ran a screen and produced a list of 60 notable companies set to report their earnings June 23-27. We have highlighted their expected reporting dates and times, along with analysts' earnings-per-share and revenue estimates from Reuters, as well as the stocks' year-to-date performances.
Monday Before Market Open, or BMO:
United Parcel Service, Inc. (NYSE: UPS) is a package delivery company that operates in the U.S. less-than-truckload industry, and the provider of global supply chain management solutions. The company has a market capitalization of $76.73 billion. It is expected to report FY 2012 second-quarter EPS of $1.17 on revenue of $13.7 billion, compared with a profit of $1.07 a share on revenue of $13.19 billion in the year-ago period. UPS is trading around $79.97 a share. So far this year, the stock has appreciated 9.26 percent.
Coca-Cola Enterprises Inc (NYSE: CCE) markets, produces, and distributes nonalcoholic beverages. The company has a market capitalization of $8.23 billion. It is expected to report FY 2012 second-quarter EPS of 73 cents on revenue of $2.27 billion, compared with a profit of 76 cents a share on revenue of $2.41 billion in the year-ago period. Coca-Cola Enterprises is trading around $27.44 a share. So far this year, the stock has appreciated 6.44 percent.
Eaton Corporation (NYSE: ETN) is a diversified power management company. The company has a market capitalization of $13.3 billion. It is expected to report FY 2012 second-quarter EPS of $1.09 on revenue of $4.24 billion, compared with a profit of 97 cents a share on revenue of $4.09 billion in the year-ago period. Eaton is trading around $39.53 a share. So far this year, the stock has lost 9.19 percent.
Halliburton Company (NYSE: HAL) is an oilfield services company. The company has a market capitalization of $127.88 billion. It is expected to report FY 2012 second-quarter EPS of 75 cents on revenue of $6.96 billion, compared with a profit of 81 cents a share on revenue of $5.94 billion in the year-ago period. Halliburton is trading around $30.21 a share. So far this year, the stock has lost 12.46 percent.
Monday After Market Close, or AMC:
Texas Instruments Incorporated (Nasdaq: TXN) designs and makes semiconductors, which it sells to electronics designers and manufacturers globally. The company has a market capitalization of $32.09 billion. It is expected to report FY 2012 second-quarter EPS of 41 cents on revenue of $3.35 billion, compared with a profit of 57 cents a share on revenue of $3.46 billion in the year-ago period. Texas Instruments is trading around $28.04 a share. So far this year, the stock has lost 3.68 percent.
VMware, Inc. (NYSE: VMW) is a provider of virtualization and virtualization-based cloud infrastructure solutions. The company has a market capitalization of $38.77 billion. It is expected to report FY 2012 second-quarter EPS of 66 cents on revenue of $1.16 billion, compared with a profit of 55 cents a share on revenue of $921.21 million in the year-ago period. VMware is trading around $90.79 a share. So far this year, the stock has gained 9.08 percent.
Tuesday BMO:
AT&T Inc. (NYSE: T) is a provider of telecommunications services in the U.S. and worldwide. The company has a market capitalization of $208.02 billion. It is expected to report FY 2012 second-quarter EPS of 63 cents on revenue of $31.73 billion, compared with a profit of 60 cents a share on revenue of $31.5 billion in the year-ago period. AT&T is trading around $35.48 a share. So far this year, the stock has gained 17.33 percent.
Peabody Energy Corporation (NYSE: BTU) is a coal company. The company has a market capitalization of $6.21 billion. It is expected to report FY 2012 second-quarter EPS of 53 cents on revenue of $2.06 billion, compared with a profit of $1.11 a share on revenue of $2 billion in the year-ago period. Peabody Energy is trading around $22.8 a share. So far this year, the stock has lost 31.14 percent.
Illinois Tool Works Inc. (NYSE: ITW) is a multinational manufacturer of a diversified range of industrial products and equipment. The company has a market capitalization of $25.61 billion. It is expected to report FY 2012 second-quarter EPS of $1.1 on revenue of $4.86 billion, compared with a profit of 96 cents a share on revenue of $4.61 billion in the year-ago period. Illinois Tool Works is trading around $53.64 a share. So far this year, the stock has gained 14.84 percent.
E I Du Pont De Nemours And Co (NYSE: DD) is a chemical company. The company has a market capitalization of $45.87 billion. It is expected to report FY 2012 second-quarter EPS of $1.46 on revenue of $11.27 billion, compared with a profit of $1.37 a share on revenue of $10.26 billion in the year-ago period. DuPont is trading around $48.91 a share. So far this year, the stock has gained 6.92 percent.
EMC Corporation (NYSE: EMC) and its subsidiaries develops, delivers and supports the information technology industry's range of information infrastructure and virtual infrastructure technologies, solutions and services. The company has a market capitalization of $53.46 billion. It is expected to report FY 2012 second-quarter EPS of 39 cents on revenue of $5.29 billion, compared with a profit of 35 cents a share on revenue of $4.85 billion in the year-ago period. EMC is trading around $25.46 a share. So far this year, the stock has gained 18.2 percent.
Air Products & Chemicals, Inc. (NYSE: APD) is a supplier of hydrogen and helium and operates in markets, such as semiconductor materials, refinery hydrogen and natural gas liquefaction. The company has a market capitalization of $17.23 billion. It is expected to report FY 2012 third-quarter EPS of $1.41 on revenue of $2.46 billion, compared with a profit of $1.46 a share on revenue of $2.58 billion in the year-ago period. Air Products & Chemicals is trading around $81.5 a share. So far this year, the stock has lost 4.33 percent.
Altria Group, Inc. (NYSE: MO) is engaged in segments including cigarettes, smokeless products, cigars, wine and financial services. The company has a market capitalization of $73.13 billion. It is expected to report FY 2012 second-quarter EPS of 57 cents on revenue of $4.5 billion, compared with a profit of 54 cents a share on revenue of $4 billion in the year-ago period. Altria Group is trading around $35.75 a share. So far this year, the stock has gained 20.64 percent.
Lockheed Martin Corporation (NYSE: LMT) is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration, and sustainment of technology systems and products. The company has a market capitalization of $28.54 billion. It is expected to report FY 2012 second-quarter EPS of $1.91 on revenue of $11.29 billion, compared with a profit of $2.14 a share on revenue of $11.55 billion in the year-ago period. Lockheed Martin is trading around $88.19 a share. So far this year, the stock has gained 8.68 percent.
Biogen Idec Inc. (NASDAQ: BIIB) is a global biotechnology company. The company has a market capitalization of $34.53 billion. It is expected to report FY 2012 second-quarter EPS of $1.56 on revenue of $1.33 billion, compared with a profit of $1.36 a share on revenue of $1.21 billion in the year-ago period. Biogen Idec is trading around $143.71 a share. So far this year, the stock has gained 30.96 percent.
Regions Financial Corporation (NYSE: RF) is a financial holding company. The company has a market capitalization of $9.25 billion. It is expected to report FY 2012 second-quarter EPS of 14 cents on revenue of $1.36 billion, compared with a profit of 4 cents a share on revenue of $1.65 billion in the year-ago period. Regions Financial is trading around $6.58 a share. So far this year, the stock has gained 52.33 percent.
Reynolds American, Inc. (NYSE: RAI) manufactures cigarettes and other tobacco products in the U.S. The company has a market capitalization of $26.34 billion. It is expected to report FY 2012 second-quarter EPS of 77 cents on revenue of $2.25 billion, compared with a profit of 71 cents a share on revenue of $2.27 billion in the year-ago period. Reynolds American is trading around $46.22 a share. So far this year, the stock has gained 11.27 percent.
Simon Property Group, Inc (NYSE: SPG) operates as a self-administered and self-managed real estate investment trust. The company has a market capitalization of $47.6 billion. It is expected to report FY 2012 second-quarter EPS of 93 cents on revenue of $1.15 billion, compared with a profit of 70 cents a share on revenue of $1.04 billion in the year-ago period. Simon Property Group is trading around $156.98 a share. So far this year, the stock has gained 21.8 percent.
The Western Union Company (NYSE: WU) is engaged in money movement and payment services. The company has a market capitalization of $10.29 billion. It is expected to report FY 2012 second-quarter EPS of 43 cents on revenue of $1.45 billion, compared with a profit of 42 cents a share on revenue of $1.37 billion in the year-ago period. Western Union is trading around $16.78 a share. So far this year, the stock has lost 8.11 percent.
Tuesday AMC:
Apple Inc. (NASDAQ: AAPL) is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The company has a market capitalization of $572.87 billion. It is expected to report FY 2012 third-quarter EPS of $10.38 on revenue of $37.35 billion, compared with a profit of $7.79 a share on revenue of $28.57 billion in the year-ago period. Apple is trading around $612.54 a share. So far this year, the stock has gained 51.28 percent.
Netflix, Inc. (Nasdaq: NFLX) is an Internet subscription service streaming television shows and movies. The company has a market capitalization of $4.6 billion. It is expected to report FY 2012 second-quarter EPS of 5 cents on revenue of $888.9 million, compared with a profit of $1.26 a share on revenue of $788.61 million in the year-ago period. Netflix is trading around $82.8 a share. So far this year, the stock has gained 19.69 percent.
AFLAC Incorporated (NYSE: AFL) provides supplemental health and life insurance. The company has a market capitalization of $20.41 billion. It is expected to report FY 2012 second-quarter EPS of $1.61 on revenue of $6.27 billion, compared with a profit of $1.56 a share on revenue of $5.09 billion in the year-ago period. Aflac is trading around $43.68 a share. So far this year, the stock has gained less than one percent.
Broadcom Corporation (Nasdaq: BRCM) is a global semiconductor solution for wired and wireless communications. The company has a market capitalization of $17.62 billion. It is expected to report FY 2012 second-quarter EPS of 67 cents on revenue of $1.95 billion, compared with a profit of 72 cents a share on revenue of $1.8 billion in the year-ago period. Broadcom is trading around $31.92 a share. So far this year, the stock has gained 8.89 percent.
Cabot Oil & Gas Corporation (NYSE: COG) is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The company has a market capitalization of $8.31 billion. It is expected to report FY 2012 second-quarter EPS of 7 cents on revenue of $268.38 million, compared with a profit of 21 cents a share on revenue of $240.7 million in the year-ago period. Cabot Oil & Gas is trading around $39.69 a share. So far this year, the stock has gained 4.18 percent.
Nabors Industries Ltd. (NYSE: NBR) is a land drilling contractor. The company has a market capitalization of $4.41 billion. It is expected to report FY 2012 second-quarter EPS of 39 cents on revenue of $1.74 billion, compared with a profit of 24 cents a share on revenue of $1.35 billion in the year-ago period. Nabors Industries is trading around $14.3 a share. So far this year, the stock has lost 17.82 percent.
Juniper Networks, Inc. (NYSE: JNPR) designs, develops, and sells products and services that together provide its customers with network infrastructure. The company has a market capitalization of $8.27 billion. It is expected to report FY 2012 second-quarter EPS of 16 cents on revenue of $1.05 billion, compared with a profit of 31 cents a share on revenue of $1.12 billion in the year-ago period. Juniper Networks is trading around $15.62 a share. So far this year, the stock has lost 23.47 percent.
Norfolk Southern Corp. (NYSE: NSC) is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the U.S. The company has a market capitalization of $23.83 billion. It is expected to report FY 2012 second-quarter EPS of $1.53 on revenue of $2.95 billion, compared with a profit of $1.38 a share on revenue of $2.87 billion in the year-ago period. Norfolk Southern is trading around $73.12 a share. So far this year, the stock has gained less than one percent.
Wednesday BMO:
PepsiCo, Inc. (NYSE: PEP) is a global food and beverage company. The company has a market capitalization of $109.38 billion. It is expected to report FY 2012 second-quarter EPS of $1.1 on revenue of $16.66 billion, compared with a profit of $1.21 a share on revenue of $16.83 billion in the year-ago period. PepsiCo is trading around $69.92 a share. So far this year, the stock has gained 5.41 percent.
Ford Motor Company (NYSE: F) is a producer of cars and trucks. The company has a market capitalization of $35.36 billion. It is expected to report FY 2012 second-quarter EPS of 28 cents on revenue of $32.17 billion, compared with a profit of 49 cents a share on revenue of $33.5 billion in the year-ago period. Ford Motor is trading around $9.26 a share. So far this year, the stock has lost 13.89 percent.
Caterpillar Inc. (NYSE: CAT) is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company has a market capitalization of $53.28 billion. It is expected to report FY 2012 second-quarter EPS of $2.28 on revenue of $17.11 billion, compared with a profit of $1.52 a share on revenue of $14.23 billion in the year-ago period. Caterpillar is trading around $81.63 a share. So far this year, the stock has lost 9.88 percent.
The Boeing Company (NYSE: BA) is an aerospace company. The company has a market capitalization of $55.44 billion. It is expected to report FY 2012 second-quarter EPS of $1.11 on revenue of $19.37 billion, compared with a profit of $1.25 a share on revenue of $16.54 billion in the year-ago period. Boeing is trading around $74.01 a share. So far this year, the stock has gained less than one percent.
Delta Air Lines, Inc. (NYSE: DAL) provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. The company has a market capitalization of $8.51 billion. It is expected to report FY 2012 second-quarter EPS of 68 cents on revenue of $9.68 billion, compared with a profit of 43 cents a share on revenue of $9.15 billion in the year-ago period. Delta Air Lines is trading around $10.01 a share. So far this year, the stock has gained 23.86 percent.
JetBlue Airways Corporation (Nasdaq: JBLU) is a passenger airline that operates primarily on point-to-point routes. The company has a market capitalization of $1.52 billion. It is expected to report FY 2012 second-quarter EPS of 16 cents on revenue of $1.29 billion, compared with a profit of 8 cents a share on revenue of $1.15 billion in the year-ago period. JetBlue Airways is trading around $5.36 a share. So far this year, the stock has gained 2.88 percent.
US Airways Group, Inc. (NYSE: LCC) is a holding company whose primary business activity is the operation of a network air carrier. The company has a market capitalization of $1.98 billion. It is expected to report FY 2012 second-quarter EPS of $1.56 on revenue of $3.75 billion, compared with a profit of 56 cents a share on revenue of $3.5 billion in the year-ago period. US Airways is trading around $12.19 a share. So far this year, the stock has soared 140.83 percent.
Eli Lilly & Co. (NYSE: LLY) discovers, develops, manufactures, and sells pharmaceutical products. The company has a market capitalization of $51.16 billion. It is expected to report FY 2012 second-quarter EPS of 76 cents on revenue of $5.58 billion, compared with a profit of $1.18 a share on revenue of $6.25 billion in the year-ago period. Eli Lilly is trading around $44.1 a share. So far this year, the stock has gained 6.09 percent.
Bristol Myers Squibb Co. (NYSE: BMY) is a global biopharmaceutical company. The company has a market capitalization of $59.71 billion. It is expected to report FY 2012 second-quarter EPS of 49 cents on revenue of $4.46 billion, compared with a profit of 56 cents a share on revenue of $5.43 billion in the year-ago period. Bristol Myers Squibb is trading around $35.47 a share. So far this year, the stock has gained less than one percent.
Corning Incorporated (NYSE: GLW) is a global, technology-based corporation. The company has a market capitalization of $18.72 billion. It is expected to report FY 2012 second-quarter EPS of 31 cents on revenue of $2.02 billion, compared with a profit of 48 cents a share on revenue of $2 billion in the year-ago period. Corning is trading around $12.35 a share. So far this year, the stock has lost 4.85 percent.
Motorola Solutions Inc (NYSE: MSI) provides mission-critical communication infrastructure, devices, software and services. The company has a market capitalization of $13.68 billion. It is expected to report FY 2012 second-quarter EPS of 69 cents on revenue of $2.11 billion, compared with a profit of 54 cents a share on revenue of $1.98 billion in the year-ago period. Motorola Solutions is trading around $46.8 a share. So far this year, the stock has gained 1.17 percent.
ConocoPhillips (NYSE: COP) is an international integrated energy company. The company has a market capitalization of $70.45 billion. It is expected to report FY 2012 second-quarter EPS of $1.19 on revenue of $9.07 billion, compared with a profit of $2.41 a share on revenue of $65.63 billion in the year-ago period. ConocoPhillips is trading around $55.78 a share. So far this year, the stock has lost 23.55 percent.
WellPoint, Inc. (NYSE: WLP) is a health benefit company. The company has a market capitalization of $20.66 billion. It is expected to report FY 2012 second-quarter EPS of $2.07 on revenue of $15.27 billion, compared with a profit of $1.83 a share on revenue of $14.88 billion in the year-ago period. WellPoint is trading around $62.45 a share. So far this year, the stock has lost 5.75 percent.
Wednesday AMC:
Visa Inc (NYSE: V) is a global payments technology company. The company has a market capitalization of $102.45 billion. It is expected to report FY 2012 third-quarter EPS of $1.45 on revenue of $2.52 billion, compared with a profit of $1.26 a share on revenue of $2.32 billion in the year-ago period. Visa is trading around $125.88 a share. So far this year, the stock has gained 23.96 percent.
Zynga Inc (Nasdaq: ZNGA) is a provider of social game services. The company has a market capitalization of $3.56 billion. It is expected to report FY 2012 second-quarter EPS of 6 cents on revenue of $344.85 million, compared with a profit of 5 cents a share on revenue of $306.51 million in the first quarter. Zynga is trading around $4.89 a share. So far this year, the stock has lost 48.67 percent.
LSI Corporation (NYSE: LSI) designs, develops and markets storage and networking semiconductors. The company has a market capitalization of $3.54 billion. It is expected to report FY 2012 second-quarter EPS of 17 cents on revenue of $643.82 million, compared with a profit of 10 cents a share on revenue of $500.64 million in the year-ago period. LSI is trading around $6.22 a share. So far this year, the stock has gained 4.62 percent.
Symantec Corporation (Nasdaq: SYMC) is a global provider of security, storage, and systems management solutions that help businesses and consumers secure and manage their information. The company has a market capitalization of $9.84 billion. It is expected to report FY 2012 first-quarter EPS of 38 cents on revenue of $1.65 billion, compared with a profit of 40 cents a share on revenue of $1.65 billion in the year-ago period. Symantec is trading around $13.64 a share. So far this year, the stock has lost 12.78 percent.
Western Digital Corp. (Nasdaq: WDC) is a provider of solutions for the collection, storage, management, protection and use of digital content, including audio and video. The company has a market capitalization of $8.39 billion. It is expected to report FY 2012 fourth-quarter EPS of $2.47 on revenue of $4.25 billion, compared with a profit of 81 cents a share on revenue of $2.4 billion in the year-ago period. Western Digital is trading around $32.27 a share. So far this year, the stock has gained 4.2 percent.
Whole Foods Market, Inc. (Nasdaq: WFM) is a natural and organic foods supermarkets. The company has a market capitalization of $15.62 billion. It is expected to report FY 2012 third-quarter EPS of 61 cents on revenue of $2.73 billion, compared with a profit of 50 cents a share on revenue of $2.4 billion in the year-ago period. Whole Foods Market is trading around $85.05 a share. So far this year, the stock has gained 22.29 percent.
Thursday BMO:
Exxon Mobil Corporation (NYSE: XOM) is a manufacturer and marketer of commodity petrochemicals. The company has a market capitalization of $399.81 billion. It is expected to report FY 2012 second-quarter EPS of $1.97 on revenue of $115.08 billion, compared with a profit of $2.18 a share on revenue of $125.49 billion in the year-ago period. Exxon Mobil is trading around $85.53 a share. So far this year, the stock has gained less than one percent.
Sprint Nextel Corporation (NYSE: S) is a communications company offering a range of wireless and wireline communications products and services. The company has a market capitalization of $10.95 billion. It is expected to report a loss of 40 cents in the second quarter of fiscal year 2012 on revenue of $8.73 billion, compared with a smaller loss of 28 cents a share on revenue of $8.31 billion in the year-ago period. Sprint Nextel is trading around $3.64 a share. So far this year, the stock has gained 55.98 percent.
3M Co (NYSE: MMM) is a diversified technology company. The company has a market capitalization of $62.64 billion. It is expected to report FY 2012 second-quarter EPS of $1.65 on revenue of $7.79 billion, compared with a profit of $1.6 a share on revenue of $7.68 billion in the year-ago period. 3M is trading around $90.26 a share. So far this year, the stock has gained 10.46 percent.
The Dow Chemical Company (NYSE: DOW) is a diversified manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services worldwide. The company has a market capitalization of $37.02 billion. It is expected to report FY 2012 second-quarter EPS of 64 cents on revenue of $15.7 billion, compared with a profit of 85 cents a share on revenue of $16.05 billion in the year-ago period. Dow Chemical is trading around $30.96 a share. So far this year, the stock has gained 7.68 percent.
Kimberly Clark Corp (NYSE: KMB) is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency. The company has a market capitalization of $33.42 billion. It is expected to report FY 2012 second-quarter EPS of $1.28 on revenue of $5.28 billion, compared with a profit of $1.18 a share on revenue of $5.26 billion in the year-ago period. Kimberly Clark is trading around $85.22 a share. So far this year, the stock has gained 15.88 percent.
United Technologies Corporation (NYSE: UTX) provides high technology products and services to the building systems and aerospace industries worldwide. The company has a market capitalization of $68.33 billion. It is expected to report FY 2012 second-quarter EPS of $1.41 on revenue of $14.45 billion, compared with a profit of $1.41 a share on revenue of $14.48 billion in the year-ago period. United Technologies is trading around $74.95 a share. So far this year, the stock has gained 2.59 percent.
Thursday AMC:
Facebook Inc (Nasdaq: FB) is engaged in building products to create utility for users, developers, and advertisers. The company has a market capitalization of $62.58 billion. It is expected to report FY 2012 second-quarter EPS of 12 cents on revenue of $1.15 billion. Facebook is trading around $29.23 a share, 23 percent below its IPO price of $38.
Amazon.com, Inc. (Nasdaq: AMZN) serves consumers through its retail Websites and focuses on selection, price, and convenience. The company has a market capitalization of $102.11 billion. It is expected to report FY 2012 second-quarter EPS of 2 cents on revenue of $12.9 billion, compared with a profit of 41 cents a share on revenue of $9.91 billion in the year-ago period. Amazon.com is trading around $226.52 a share. So far this year, the stock has gained 30.94 percent.
Expedia Inc (Nasdaq: EXPE) is an online travel company. The company has a market capitalization of $5.99 billion. It is expected to report FY 2012 second-quarter EPS of 71 cents on revenue of $990.7 million, compared with a profit of 72 cents a share on revenue of $913.59 million in the year-ago period. Expedia is trading around $47.15 a share. So far this year, the stock has gained 62.51 percent.
Starbucks Corporation (NasdaQ: SBUX) is a roaster, marketer and retailer of specialty coffee in the world. The company has a market capitalization of $39.31 billion. It is expected to report FY 2012 third-quarter EPS of 45 cents on revenue of $3.33 billion, compared with a profit of 36 cents a share on revenue of $2.93 billion in the year-ago period. Starbucks is trading around $51.84 a share. So far this year, the stock has gained 12.65 percent.
Friday BMO:
Chevron Corporation (NYSE: CVX) engages in petroleum operations, chemicals operations, mining operations, power generation and energy services. The company has a market capitalization of $213.72 billion. It is expected to report FY 2012 second-quarter EPS of $3.21 on revenue of $68.44 billion, compared with a profit of $3.85 a share on revenue of $68.95 billion in the year-ago period. Chevron is trading around $108.25 a share. So far this year, the stock has gained 1.82 percent.
Arch Coal Inc (NYSE: ACI) is a coal producer. The company has a market capitalization of $1.31 billion. It is expected to report a loss of 17 cents in the second quarter of fiscal 2012 on revenue of $1 billion, compared with a profit of 44 cents on revenue of $985.09 million in the year-ago period. Arch Coal is trading around $6.14 a share. So far this year, the stock has lost 57.62 percent.
Merck & Co., Inc. (NYSE: MRK) is a global health care company. The company has a market capitalization of $132.37 billion. It is expected to report FY 2012 second-quarter EPS of $1.01 on revenue of $12.17 billion, compared with a profit of 95 cents a share on revenue of $12.15 billion in the year-ago period. Merck is trading around $43.53 a share. So far this year, the stock has gained 15.44 percent.
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