Stocks in Focus (ADI, DLTR, DELL, HPQ, LTD, WMB, TJX, PWR, MNKD, ESRX)
The companies expected to see active trade Wednesday are: Analog Devices, Dollar Tree, Dell Inc, Hewlett Packard, Limited Brands, Williams Companies, TJX Companies, Quanta Services, Mannkind Corp and Express Scripts.
Analog Devices Inc. (ADI) is due to report first quarter earnings after the markets close Wednesday. Analysts, polled by Thomson Reuters, expect the company, on average, to report a first quarter net income of $0.48 per share compared to $0.66 per share in the same quarter last year.
Dollar Tree Inc. (DLTR) is projected to report fourth quarter net profit of $1.58 per share on revenues of $1.93 billion.
Dell Inc. (DELL) stock plunged 5.05 percent to $17.29 in post market trading session Tuesday. The company reported a fiscal fourth-quarter profit of $764 million, or 43 cents a share, compared with a profit of $927 million or 48 cents a share for the year-earlier period, weighed down by weak consumer PC sales, pricing and supply issues caused by the floods in Thailand.
Hewlett Packard Co. (HPQ) is slated to report first quarter earnings on Wednesday. Analysts expect the company to report fourth quarter net profit of $0.87 per share, down from $1.36 per share in the same quarter a year-ago.
Limited Brands Inc. (LTD) is forecasted to report fourth quarter earnings per share of $1.46 compared to $1.26 in the same period last year.
Williams Companies Inc. (WMB) is expected to report fourth quarter earnings per share of $0.40 on revenue of $2.77 billion.
TJX Companies Inc. (TJX) is slated to report fourth quarter earnings before the opening bell Wednesday. Analysts expect the company to quarterly net profit of $0.62 per share, down from $1.05 per share in the same quarter a year-ago.
Quanta Services Inc. (PWR) is projected to report fourth quarter net income of $0.34 per share on revenues of $1.39 billion.
Mannkind Corp. (MNKD) is expected to report fourth quarter net loss of $0.32 per share compared to loss of $0.33 per share in the same period a year-ago.
Express Scripts Inc. (ESRX) is forecasted to report fourth quarter earnings per share of $0.85 compared to $0.71 in the same period a year-earlier.
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