55 Earnings Reports To Watch: Google, Microsoft, IBM, Bank Of America, Coca-Cola

on October 12 2012 5:58 AM

Third-quarter earnings season will be in full swing next week. The results will provide guidance on how much the global slowdown affects U.S. companies.

Investors will hear from a string of multinational corporations beginning Monday.

Among companies reporting in the financial sector are big names such as Bank of America, Citigroup, Goldman Sachs and Morgan Stanley.

Other major players set to report earnings in the coming week include Abbott Laboratories, Coca-Cola, General Electric, Google, Honeywell, IBM, Intel, Johnson & Johnson, McDonald's, Microsoft, PepsiCo and Verizon.

According to Alpha Now, earnings "preseason" results have historically been predictive of results for the remainder of an earnings season. When an above-average percentage of companies beats earnings estimates during the preseason, the rate at which the rest of the companies beat their own estimates tends to be higher, too, with two-thirds announcing higher-than-expected profits. But the opposite also holds true.

So far, 26 companies in the S&P 500 have reported earnings. Only 14 have reported profits that topped analysts’ estimates -- even after analysts sharply revised their projections downward and predicted that this could turn out to be one of the worst U.S. quarterly earnings seasons since late 2009. This rate of 54 percent is significantly below the long-term average of 63 percent, which suggests that investors may see fewer positive surprises than normal as more results come in.

Here's a list of 55 notable companies set to report their earnings Oct. 15-19. We've highlighted 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:

Citigroup Inc. (NYSE: C) is a global diversified financial-services holding company. The company has a market capitalization of $104.92 billion. It's expected to report FY 2012 third-quarter EPS of 96 cents on revenue of $18.74 billion, compared with a profit of $1.23 a share on revenue of $20.83 billion in the year-ago period. Citigroup is trading at around $35.73 a share. So far this year, the stock has gained 36 percent.

Gannett Co. Inc. (NYSE: GCI) is an international media and marketing-solutions company. The company has a market cap of $4.09 billion. It's expected to report FY 2012 third-quarter EPS of 53 cents on revenue of $1.29 billion, compared with a profit of 44 cents a share on revenue of $1.27 billion in the year-ago period. Gannett is trading at around $17.69 a share. So far this year, the stock has gained 32.3 percent.

Tuesday BMO:

Goldman Sachs Group Inc. (NYSE: GS) is a global investment-banking, securities and investment-management firm. The company has a market cap of $58.68 billion. It's expected to report FY 2012 third-quarter EPS of $2.14 on revenue of $6.41 billion, compared with a loss of 84 cents a share on revenue of $3.59 billion in the year-ago period. Goldman Sachs is trading at around $122.52 a share. So far this year, the stock has gained 35.3 percent.

PNC Financial Services Group Inc. (NYSE: PNC) is a financial-services company. The company has a market cap of $34.37 billion. It's expected to report an FY 2012 third-quarter EPS of $1.62 on revenue of $4.02 billion, compared with a profit of $1.55 a share on revenue of $3.54 billion in the year-ago period. PNC is trading at around $64.94 a share. So far this year, the stock has gained 12.6 percent.

Johnson & Johnson (NYSE: JNJ) is engaged in the research and development, manufacture and sale of a range of products in the health-care field. The company has a market cap of $187.01 billion. It's expected to report an FY 2012 third-quarter EPS of $1.21 on revenue of $16.93 billion, compared with a profit of $1.24 a share on revenue of $16 billion in the year-ago period. J&J is trading at around $67.99 a share. So far this year, the stock has gained 3.7 percent.

The Coca-Cola Co. (NYSE: KO) is a beverage company. The company has a market cap of $171.75 billion. It's expected to report an FY 2012 third-quarter EPS of 50 cents on revenue of $12.38 billion, compared with a profit of 52 cents a share on revenue of $12.24 billion in the year-ago period. Coca-Cola is trading at around $38.14 a share. So far this year, the stock has gained 9 percent.

UnitedHealth Group Inc. (NYSE: UNH) is a diversified health and well-being company. The company has a market cap of $59.75 billion. It is expected to report FY 2012 third-quarter EPS of $1.31 on revenue of $27.61 billion, compared with a profit of $1.17 a share on revenue of $25.28 billion in the year-ago period. UnitedHealth is trading at around $57.86 a share. So far this year, the stock has gained 14.2 percent.

State Street Corp.  (NYSE: STT) is a financial holding company. Through its subsidiaries, the company provides a range of financial products and services to institutional investors worldwide. State Street has a market cap of $20.19 billion. It's expected to report FY 2012 third-quarter EPS of 96 cents on revenue of $2.37 billion, compared with a profit of 96 cents a share on revenue of $2.41 billion in the year-ago period. State Street is trading around $42.18 a share. So far this year, the stock has gained 4.6 percent.

Tuesday After Market Close, or AMC:                                                       

Intel Corp. (Nasdaq: INTC) designs and manufactures integrated digital technology platforms. The company has a market cap of $109.12 billion. It's expected to report FY 2012 third-quarter EPS of 50 cents on revenue of $13.23 billion, compared with a profit of 65 cents a share on revenue of $14.23 billion in the year-ago period. Intel is trading at around $21.82 a share. So far this year, the stock has lost 10 percent.

International Business Machines Corp. (NYSE: IBM) is an information-technology company. The company has a market cap of $236.26 billion. It is expected to report FY 2012 third-quarter EPS of $3.61 on revenue of $25.38 billion, compared with a profit of $3.28 a share on revenue of $26.16 billion in the year-ago period. IBM is trading around $206.84 a share. So far this year, the stock has gained 12.4 percent.

CSX Corp. (NYSE: CSX) is a transportation supplier. The company has a market cap of $22.13 billion. It is expected to report FY 2012 third-quarter EPS of 43 cents on revenue of $2.94 billion, compared with a profit of 43 cents a share on revenue of $2.96 billion in the year-ago period. CSX is trading around $21.27 a share. So far this year, the stock has gained 1.04 percent.

Wednesday BMO:

Bank of America Corp. (NYSE: BAC) is a financial institution, serving individual consumers, small and middle-market businesses, corporations and governments with a range of banking, investing, asset-management and other financial and risk-management products and services. The company has a market cap of $100.79 billion. It's expected to report a loss of 7 cents a share in the third quarter of fiscal year 2012 on revenue of $21.95 billion, compared with a profit of 56 cents a share on revenue of $28.45 billion in the year-ago period. Bank of America is trading at around $9.35 a share. So far this year, the stock has gained 68.2 percent.

The Bank of New York Mellon Corp. (NYSE: BK) is a global financial-services company. The company has a market cap of $27.64 billion. It's expected to report an FY 2012 third-quarter EPS of 54 cents on revenue of $3.6 billion, compared with a profit of 53 cents a share on revenue of $3.68 billion in the year-ago period. Bank of New York Mellon is trading around $23.41 a share. So far this year, the stock has gained 17.5 percent.

Abbott Laboratories (NYSE: ABT) is engaged in the discovery, development, manufacture, and sale of a range of health-care products. The company has a market cap of $109.74 billion. It's expected to report an FY 2012 third-quarter EPS of $1.28 on revenue of $9.91 billion, compared with a profit of $1.18 a share on revenue of $9.82 billion in the year-ago period. Abbott is trading at around $69.93 a share. So far this year, the stock has gained 24.4 percent.

PepsiCo Inc. (NYSE: PEP) is a global food and beverage company. The company has a market cap of $109.16 billion. It's expected to report an FY 2012 third-quarter EPS of $1.16 on revenue of $16.92 billion, compared with a profit of $1.31 a share on revenue of $17.58 billion in the year-ago period. PepsiCo is trading around $70.14 a share. So far this year, the stock has gained 5.7 percent.

BlackRock Inc. (NYSE: BLK) is an independent investment manager. The company has a market cap of $32.21 billion. It's expected to report FY 2012 third-quarter EPS of $3.29 on revenue of $2.26 billion, compared with a profit of $2.83 a share on revenue of $2.23 billion in the year-ago period. BlackRock is trading at around $186.58 a share. So far this year, the stock has gained 4.6 percent.

Check Point Software Technologies Ltd. (Nasdaq: CHKP) develops security technologies for online communications and transactions by enterprises and consumers. The company has a market cap of $9.4 billion. It's expected to report an FY 2012 third-quarter EPS of 78 cents on revenue of $332.61 million, compared with a profit of 72 cents a share on revenue of $308.31 million in the year-ago period. Check Point is trading at around $45.63 a share. So far this year, the stock has lost 13 percent.

St. Jude Medical Inc. (NYSE: STJ) develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas, as well as neurostimulation medical devices for the management of chronic pain. The company has a market cap of $13.48 billion. It's expected to report FY 2012 third-quarter EPS of 81 cents on revenue of $1.34 billion, compared with a profit of 78 cents a share on revenue of $1.38 billion in the year-ago period. St. Jude Medical is trading around $42.94 a share. So far this year, the stock has gained 25.2 percent.

U.S. Bancorp (NYSE: USB) is a multistate financial-services holding company. The company has a market cap of $65.52 billion. It's expected to report an FY 2012 third-quarter EPS of 74 cents on revenue of $5.14 billion, compared with a profit of 64 cents a share on revenue of $4.74 billion in the year-ago period. U.S. Bancorp is trading at around $34.56 a share. So far this year, the stock has gained 27.8 percent.

Halliburton Co. (NYSE: HAL) is an oil-field-services company. The company has a market cap of $31.52 billion. It's expected to report an FY 2012 third-quarter EPS of 68 cents on revenue of $7.15 billion, compared with a profit of 94 cents a share on revenue of $6.55 billion in the year-ago period. Halliburton is trading at around $33.98 a share. So far this year, the stock has lost 1.54 percent.

Knight Capital Group Inc. (NYSE: KCG) is a global financial-services firm that provides access to the capital markets across multiple asset classes to a network of clients, including buy- and sell-side firms as well as corporations. The trading firm said it lost $440 million when it sold all the stocks it accidentally bought on Aug. 1 because of a computer glitch. The resulting loss was nearly four times the company’s 2011 profit and brought the firm to the edge of bankruptcy. Knight survived only after a group of investors provided a $400 million lifeline. The company has a market cap of $244.54 million. It's expected to report a loss of $2.01 per share on $98.34 million in revenue, compared with a profit of 48 cents a share of revenue of $397.44 million in the year-ago period. Knight Capital is trading at around $2.50 a share. So far this year, the stock has lost 78.9 percent.

M&T Bank Corp. (NYSE: MTB) is a bank holding company. The company has a market cap of $12.46 billion. It's expected to report an FY 2012 third-quarter EPS of $1.85 on revenue of $1.07 billion, compared with a profit of $1.32 a share on revenue of $985.1 million in the year-ago period. M&T Bank is trading at around $98.36 a share. So far this year, the stock has gained 28.8 percent.

Northern Trust Corp. (Nasdaq: NTRS) is a financial holding company that is a provider of asset-servicing, fund-administration, asset-management, fiduciary and banking solutions. The company has a market cap of $11.33 billion. It's expected to report an FY 2012 third-quarter EPS of 74 cents on revenue of $989.21 million, compared with a profit of 71 cents a share on revenue of $971.50 million in the year-ago period. Northern Trust is trading around $47.08 a share. So far this year, the stock has gained 18.7 percent.

Stanley Black & Decker Inc. (NYSE: SWK) is a diversified global provider of power and hand tools, mechanical access solutions, electronic security and monitoring systems, and products and services for various industrial applications. The company has a market cap of $12.08 billion. It's expected to report FY 2012 third-quarter EPS of $1.45 on revenue of $2.84 billion, compared with a profit of $1.34 share on revenue of $2.64 billion in the year-ago period. Stanley Black & Decker is trading around $71.84 a share. So far this year, the stock has gained 6.3 percent.

Wednesday AMC:

American Express Co. (NYSE: AXP) is a global service company. Its principal products and services are charge and credit-payment card products and travel-related services offered to consumers and businesses worldwide. The company has a market cap of $66.53 billion. It's expected to report an FY 2012 third-quarter EPS of $1.08 on revenue of $7.9 billion, compared with a profit of $1.03 a share on revenue of $7.57 billion in the year-ago period. AmEx is trading at around $58.47 a share. So far this year, the stock has gained 23.8 percent.

EBay Inc. (Nasdaq: EBAY) is a global commerce platform. The company has a market cap of $61.29 billion. It's expected to report an FY 2012 third-quarter EPS of 55 cents on revenue of $3.4 billion, compared with a profit of 48 cents a share on revenue of $2.97 billion in the year-ago period. EBay is trading at around $47.58 a share. So far this year, the stock has gained 56.8 percent.

Noble Corp. (NYSE: NE) is an offshore drilling contractor for the oil-and-gas industry. The company has a market cap of $9.06 billion. It's expected to report an FY 2012 third-quarter EPS of 51 cents on revenue of $912.09 million, compared with a profit of 49 cents a share on revenue of $737.9 million in the year-ago period. Noble is trading at around $35.84 a share. So far this year, the stock has gained 18.63 percent.

SLM Corp. (Nasdaq: SLM) originates, services, and collects loans it makes to students and/or their parents to finance the cost of education. The company has a market cap of $8.13 billion. It's expected to report an FY 2012 third-quarter EPS of 54 cents on revenue of $713 million, compared with a profit of 36 cents a share on revenue of $758 million in the year-ago period. SLM is trading at around $17.31 a share. So far this year, the stock has gained 29.2 percent.

Thursday BMO:

Verizon Communications Inc. (NYSE: VZ) is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. The company has a market cap of $129 billion. It's expected to report FY 2012 third-quarter EPS of 65 cents on revenue of $28.97 billion, compared with a profit of 56 cents a share on revenue of $27.91 billion in the year-ago period. Verizon is trading around $45.26 a share. So far this year, the stock has gained 12.9 percent.

Fifth Third Bancorp (Nasdaq: FITB) is a diversified financial-services company. The company has a market cap of $14.62 billion. It is expected to report an FY 2012 third-quarter EPS of 38 cents on revenue of $1.57 billion, compared with a profit of 40 cents a share on revenue of $1.56 billion in the year-ago period. Fifth Third Bancorp is trading at around $15.91 a share. So far this year, the stock has gained 25 percent.

Danaher Corp. (NYSE: DHR) designs, manufactures and markets professional, medical, industrial and commercial products and services. The company has a market cap of $38.94 billion. It's expected to report FY 2012 third-quarter EPS of 79 cents on revenue of $4.51 billion, compared with a profit of 73 cents a share on revenue of $4.52 billion in the year-ago period. Danaher is trading at around $55.99 a share. So far this year, the stock has gained 19 percent.

Baxter International Inc. (NYSE: BAX) is a global, diversified health-care company. The company has a market cap of $33.4 billion. It's expected to report FY 2012 third-quarter EPS of $1.14 on revenue of $3.52 billion, compared with a profit of $1.09 a share on revenue of $3.48 billion in the year-ago period. Baxter is trading around $61.02 a share. So far this year, the stock has gained 23.3 percent.

BB&T Corp. (NYSE: BBT) is a financial holding company. The company has a market cap of $23.2 billion. It's expected to report an FY 2012 third-quarter EPS of 71 cents on revenue of $2.45 billion, compared with a profit of 52 cents a share on revenue of $2.14 billion in the year-ago period. BB&T is trading at around $33.19 a share. So far this year, the stock has gained 31.9 percent.

Huntington Bancshares Inc. (Nasdaq: HBAN) is a multistate diversified regional bank holding company. The company has a market cap of $6.14 billion. It's expected to report an FY 2012 third-quarter EPS of 17 cents on revenue of $702.49 million, compared with a profit of 16 cents a share on revenue of $665.04 million in the year-ago period. Huntington Bancshares is trading at around $7.16 a share. So far this year, the stock has gained 30 percent.

KeyCorp (NYSE: KEY) is a bank holding company for the KeyBank National Association. The company has a market cap of $8.15 billion. It's expected to report an FY 2012 third-quarter EPS of 21 cents on revenue of $1.03 billion, compared with a profit of 22 cents a share on revenue of $1.04 billion in the year-ago period. KeyCorp is trading at around $8.64 a share. So far this year, the stock has gained 12.4 percent.

PPG Industries Inc. (NYSE: PPG) is a global supplier of protective and decorative coatings. The company has a market cap of $17.64 billion. It's expected to report an FY 2012 third-quarter EPS of $2.2 on revenue of $3.93 billion, compared with a profit of $1.96 a share on revenue of $3.85 billion in the year-ago period. PPG Industries is trading around $115.46 a share. So far this year, the stock has gained 38.3 percent.

The Travelers Companies Inc. (NYSE: TRV) is engaged in providing a range of commercial and personal property and casualty insurance products and services. The company has a market cap of $26.65 billion. It is expected to report an FY 2012 third-quarter EPS of $1.49 on revenue of $5.78 billion, compared with a profit of 79 cents a share on revenue of $5.67 billion in the year-ago period. The Travelers Companies is trading around $69.16 a share. So far this year, the stock has gained 16.9 percent.

Union Pacific Corp. (NYSE: UNP) owns transportation companies. The company has a market cap of $57.27 billion. It's expected to report an FY 2012 third-quarter EPS of $2.18 on revenue of $5.39 billion, compared with a profit of $1.85 a share on revenue of $5.1 billion in the year-ago period. Union Pacific is trading at around $120.92 a share. So far this year, the stock has gained 14.1 percent.

Morgan Stanley (NYSE: MS) is a global financial-services company. The company has a market cap of $35.28 billion. It's expected to report an FY 2012 third-quarter EPS of 24 cents on revenue of $6.4 billion, compared with a profit of $1.14 a share on revenue of $9.89 billion in the year-ago period. Morgan Stanley is trading at around $17.86 a share. So far this year, the stock has gained 18 percent.

The Blackstone Group LP (NYSE: BX) is a manager of private capital and provider of financial-advisory services. The company has a market cap of $17.82 billion. It's expected to report an FY 2012 third-quarter EPS of 41 cents on revenue of $988.67 million, compared with a loss of 31 cents a share in the year-ago period on a loss of $140.3 million in revenue. Blackstone is trading at around $14.49 a share. So far this year, the stock has gained 3.4 percent.

Philip Morris International Inc. (NYSE: PM) is a holding company. Its subsidiaries and affiliates and their licensees are engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the U.S. The company has a market cap of $153.13 billion. It's expected to report an FY 2012 third-quarter EPS of $1.39 on revenue of $8.24 billion, compared with a profit of $1.37 a share on revenue of $8.36 billion in the year-ago period. Philip Morris is trading at around $90.89 a share. So far this year, the stock has gained 15.8 percent.

Thursday AMC:

Google Inc. (Nasdaq: GOOG) is a global technology company focused on improving the ways people connect with information. The company has a market cap of $245.76 billion. It's expected to report an FY 2012 third-quarter EPS of $10.57 on revenue of $11.89 billion, compared with a profit of $9.72 a share on revenue of $7.51 billion in the year-ago period. Google is trading at around $751.48 a share. So far this year, the stock has gained 16.4 percent.

Microsoft Corp. (Nasdaq: MSFT) develops, licenses and supports software products and services. The company has a market cap of $244.08 billion. It's expected to report an FY 2013 first-quarter EPS of 56 cents on revenue of $16.48 billion, compared with a profit of 68 cents a share on revenue of $17.37 billion in the year-ago period. Microsoft is trading at around $28.95 a share. So far this year, the stock has gained 11.5 percent.

Advanced Micro Devices Inc. (NYSE: AMD) is a global semiconductor company. The company has a market cap of $2.26 billion. It's expected to report an FY 2012 third-quarter EPS of 1 cent on revenue of $1.38 billion, compared with a profit of 15 cents a share on revenue of $1.69 billion in the year-ago period. Advanced Micro Devices is trading at around $3.22 a share. So far this year, the stock has lost 40.7 percent.

Capital One Financial Corp. (NYSE: COF) is a diversified financial services holding company. The company has a market cap of $34.21 billion. It's expected to report an FY 2012 third-quarter EPS of $1.68 on revenue of $5.66 billion, compared with a profit of $1.77 a share on revenue of $4.15 billion in the year-ago period. Capital One is trading at around $58.89 a share. So far this year, the stock has gained 39.3 percent.

SanDisk Corp. (Nasdaq: SNDK) designs, develops and manufactures data storage solutions in a range of form factors using its flash memory, controller and firmware technologies. The company has a market cap of $10.21 billion. It's expected to report an FY 2012 third-quarter EPS of 33 cents on revenue of $1.22 billion, compared with a profit of $1.2 a share on revenue of $1.42 billion in the year-ago period. SanDisk is trading at around $42.28 a share. So far this year, the stock has lost 14 percent.

Chipotle Mexican Grill Inc. (NYSE: CMG) is a chain of restaurants specializing in burritos and tacos. The company has a market cap of $13.83 billion. It's expected to report an FY 2012 third-quarter EPS of $2.3 on revenue of $703.66 million, compared  ith a profit of $1.9 a share on revenue of $591.85 million in the year-ago period. Chipotle is trading at around $286.36 a share. So far this year, the stock has lost 15.2 percent.

Friday BMO:

Honeywell International Inc. (NYSE: HON) is a diversified technology and manufacturing company. The company has a market cap of $47.06 billion. It's expected to reportan FY 2012 third-quarter EPS of $1.14 on revenue of $9.51 billion, compared with a profit of $1.1 a share on revenue of $9.3 billion in the year-ago period. Honeywell is trading at around $60.29 a share. So far this year, the stock has gained 10.9 percent.

McDonald's Corp. (NYSE: MCD) franchises and operates McDonald’s restaurants in the global restaurant industry. The company has a market cap of $93.14 billion. It's expected to report an FY 2012 third-quarter EPS of $1.48 on revenue of $7.16 billion, compared with a profit of $1.45 a share on revenue of $7.17 billion in the year-ago period. McDonald's is trading at around $92.36 a share. So far this year, the stock has lost 7.9 percent.

General Electric Co. (NYSE: GE) is a diversified technology and financial-services company. The company has a market cap of $237.68 billion. It's expected to report FY 2012 third-quarter EPS of 36 cents on revenue of $36.81 billion, compared with a profit of 31 cents a share on revenue of $35.37 billion in the year-ago period. GE is trading at around $22.51 a share. So far this year, the stock has gained 25.7 percent.

Baker Hughes Inc. (NYSE: BHI) is engaged in the oil-field-services industry. The company has a market cap of $19.63 billion. It's expected to report an FY 2012 third-quarter EPS of 84 cents on revenue of $5.46 billion, compared with a profit of $1.18 a share on revenue of $5.18 billion in the year-ago period. Baker Hughes is trading at around $44.65 a share. So far this year, the stock has lost 8.2 percent.

First Horizon National Corp. (NYSE: FHN) is a bank holding company. The company has a market cap of $2.48 billion. It's expected to report an FY 2012 third-quarter EPS of 19 cents on revenue of $339.85 million, compared with a profit of 14 cents a share on revenue of $397.23 million in the year-ago period. First Horizon is trading at around $9.95 a share. So far this year, the stock has gained 24.4 percent.

First Niagara Financial Group Inc. (Nasdaq: FNFG) is a bank holding company. The company has a market cap of $2.92 billion. It's expected to report an FY 2012 third-quarter EPS of 18 cents on revenue of $366.04 million, compared with a profit of 25 cents a share on revenue of $304.08 million in the year-ago period. First Niagara is trading at around $8.27 a share. So far this year, the stock has lost 4.2 percent.

Kansas City Southern (NYSE: KSU) is a transportation holding company. The company has a market cap of $8.19 billion. It's expected to report an FY 2012 third-quarter EPS of 86 cents on revenue of $579.78 million, compared with a profit of 78 cents a share on revenue of $544.5 million in the year-ago period. Kansas City Southern is trading at around $74.44 a share. So far this year, the stock has gained 9.5 percent.

Schlumberger Ltd. (NYSE: SLB) provides a range of products and services from exploration through production. The company has a market cap of $96.1 billion. It is expected to report an FY 2012 third-quarter EPS of $1.07 on revenue of $10.75 billion, compared with a profit of 98 cents a share on revenue of $10.23 billion in the year-ago period. Schlumberger is trading at around $72.42 a share. So far this year, the stock has gained 6 percent.

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