Earnings Preview: Microsoft Corporation (MSFT), Ford Motor Company (F), AT&T Inc (T), Zynga Inc (ZNGA), Bristol Myers Squibb Co (BMY)

on October 18 2013 6:11 AM
Ford Motors
The Ford logo is seen on a vehicle at Ford car plant in Craiova, 230km (143 miles) west of Bucharest, October 29, 2012. REUTERS/Bogdan Cristel/Files

The third-quarter earnings season gets into high gear next week, with results coming from major industry players including: Amazon, AT&T, Microsoft, Eli Lilly, Bristol-Myers Squibb, United Parcel Service, Ford, Procter & Gamble and 3M.

Of the 7 percent of S&P 500 companies that have already reported quarterly results, 52.8 percent have reported profits that topped expectations, according to Thomson Reuters data, below the historical average of 63 percent. There have also been fewer companies beating revenue forecasts this quarter.

We ran a screen and produced a list of 49 notable companies set to report their earnings between Oct. 21 and Oct. 25. We've highlighted their expected reporting dates and times, along with analysts' earnings-per-share (fully reported) and revenue estimates from Reuters, as well as the stocks' year-to-date performances.

Monday Before Markets Open, or BMO:

Halliburton Co. (NYSE: HAL) is an oil-field-services company. The company has a market cap of $46.99 billion. It's expected to report an FY 2013 third-quarter EPS of 82 cents on revenue of $7.150 billion, compared with a profit of 65 cents a share on revenue of $7.11 billion in the year-ago period. Halliburton is trading at around $51.21 a share. So far this year, the stock has gained 48.2 percent.

McDonald's Corp. (NYSE: MCD) franchises and operates McDonald’s restaurants in the global restaurant industry. The company has a market cap of $93.75 billion. It's expected to report an FY 2013 third-quarter EPS of $1.51 on revenue of $7.34 billion, compared with a profit of $1.43 a share on revenue of $7.15 billion in the year-ago period. McDonald's is trading at around $93.69 a share. So far this year, the stock has gained 6.3 percent.

Monday After Markets Close, or AMC:

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company. The company has a market capitalization of $25.21 billion. It's expected to report FY 2013 third-quarter EPS of $1.19 on revenue of $2.07 billion, compared with a profit of $1.21 per share on revenue of $1.96 billion in the year-ago period. Discover Financial Services is trading at around $51.94 a share. So far this year, the stock has gained 35.0 percent.

Netflix, Inc. (Nasdaq: NFLX) is an Internet subscription service streaming television shows and movies. The company has a market capitalization of $19.07 billion. It is expected to report FY 2013 third-quarter EPS of 49 cents on revenue of $1.10 billion, compared with a profit of 13 cents a share on revenue of $905.09 million in the year-ago period. Netflix is trading at around $323.52 a share. So far this year, the stock has gained 249.55 percent.

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 $44.48 billion. It is expected to report FY 2013 third-quarter EPS of 53 cents on revenue of $3.23 billion, compared with a profit of 67 cents a share on revenue of $3.39 billion in the year-ago period. Texas Instruments is trading at around $40.38 a share. So far this year, the stock has gained 30.8 percent.

Tuesday BMO:

AK Steel Holding Corporation (NYSE: AKS) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products. The company has a market capitalization of $597.08 million. It is expected to report a loss of 16 cents per share on revenue of $1.36 billion in the third quarter of fiscal year 2013, compared with a loss of 55 cents a share on revenue of $1.46 billion in the year-ago period. AK Steel Holding is trading at around $4.36 a share. So far this year, the stock has lost 4.8 percent.

Delta Air Lines, Inc. (NYSE: DAL) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The company has a market capitalization of $20.71 billion. It is expected to report FY 2013 third-quarter EPS of $1.37 on revenue of $10.46 billion, compared with a profit of $1.23 a share on revenue of $9.92 billion in the year-ago period. Delta Air Lines Inc. is trading at around $24.11 a share. So far this year, the stock has gained 100.4 percent.

E I Du Pont De Nemours And Co (NYSE: DD) is a chemical company. The company has a market capitalization of $53.96 billion. It is expected to report FY 2013 third-quarter EPS of 36 cents on revenue of $7.78 billion, compared with a profit of one cent a share on revenue of $7.39 billion in the year-ago period. DuPont is trading at around $58.36 a share. So far this year, the stock has gained 29.8 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 $51.33 billion. It is expected to report FY 2013 third-quarter EPS of 35 cents on revenue of $5.80 billion, compared with a profit of 28 cents a share on revenue of $5.28 billion in the year-ago period. EMC is trading at around $24.75 a share. So far this year, the stock has lost 2.4 percent.

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is an international mining company. The company has a market cap of $35.38 billion. It's expected to report FY 2013 third-quarter EPS of 60 cents on revenue of $5.69 billion, compared with a profit of 86 cents per share on revenue of $4.42 billion in the year-ago period. Freeport-McMoRan Copper & Gold is trading at around $34.10 a share. So far this year, the stock has lost 0.3 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 $36.97 billion. It is expected to report FY 2013 third-quarter EPS of $1.37 on revenue of $5.23 billion, compared with a profit of $1.30 a share on revenue of $5.25 billion in the year-ago period. Kimberly Clark is trading at around $96.68 a share. So far this year, the stock has gained 14.3 percent.

Lockheed Martin Corp. (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 cap of $40.45 billion. It's expected to report FY 2013 third-quarter EPS of $2.26 on revenue of $11.15 billion, compared with a profit of $2.21 per share on revenue of $11.87 billion in the year-ago period. Lockheed Martin is trading at around $126.13 a share. So far this year, the stock has gained 36.6 percent.

McGraw Hill Financial Inc (NYSE: MHFI) is a financial intelligence company. The company has a market cap of $18.49 billion. It's expected to report FY 2013 third-quarter EPS of 76 cents on revenue of $1.17 billion, compared with a profit of $1.10 per share on revenue of $1.95 billion in the year-ago period. McGraw Hill Financial Inc. is trading at around $67.31 a share. So far this year, the stock has gained 22.9 percent.

Regions Financial Corp. (NYSE: RF) is a financial holding company. The company has a market cap of $13.36 billion. It's expected to report FY 2013 third-quarter EPS of 21 cents on revenue of $1.32 billion, compared with a profit of 21 cents per share on revenue of $1.35 billion in the year-ago period. Regions Financial is trading at around $9.59 a share. So far this year, the stock has gained 34.5 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 $31.54 billion. It is expected to report an FY 2013 third-quarter EPS of $1.89 on revenue of $5.78 billion, compared with a profit of $2.21 a share on revenue of $5.70 billion in the year-ago period. The Travelers Companies is trading at around $84.68 a share. So far this year, the stock has gained 17.9 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 $97.07 billion. It is expected to report FY 2013 third-quarter EPS of $1.89 on revenue of $5.78 billion, compared with a profit of $2.21 a share on revenue of $5.70 billion in the year-ago period. United Technologies is trading at around $106.12 a share. So far this year, the stock has gained 29.4 percent.

Tuesday AMC:

Amgen, Inc. (Nasdaq: AMGN) is a global biotechnology pioneer that discovers, develops, manufactures and delivers human therapeutics. The company has a market capitalization of $83.95 billion. It is expected to report FY 2013 third-quarter EPS of $1.66 on revenue of $4.60 billion, compared with a profit of $1.41 a share on revenue of $4.32 billion in the year-ago period. Amgen Inc. is trading at around $111.56 a share. So far this year, the stock has gained 29.4 percent.

Broadcom Corporation (Nasdaq: BRCM) is a global semiconductor solution for wired and wireless communications. The company has a market capitalization of $15.35 billion. It is expected to report FY 2013 third-quarter EPS of 40 cents on revenue of $2.13 billion, compared with a profit of 38 cents a share on revenue of $2.13 billion in the year-ago period. Broadcom is trading at around $26.51 a share. So far this year, the stock has lost 20.2 percent.

Wednesday BMO:

The Boeing Company (NYSE: BA) is an aerospace company. The company has a market capitalization of $89.16 billion. It is expected to report FY 2013 third-quarter EPS of $1.26 on revenue of $21.69 billion, compared with a profit of $1.35 a share on revenue of $20.01 billion in the year-ago period. The Boeing Company is trading at around $118.18 a share. So far this year, the stock has gained 56.8 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 $55.53 billion. It is expected to report FY 2013 third-quarter EPS of $1.77 on revenue of $14.40 billion, compared with a profit of $2.54 a share on revenue of $16.45 billion in the year-ago period. Caterpillar is trading at around $85.75 a share. So far this year, the stock has lost 4.3 percent.

Bristol Myers Squibb Co. (NYSE: BMY) is a global biopharmaceutical company. The company has a market capitalization of $78.02 billion. It is expected to report FY 2013 third-quarter EPS of 40 cents on revenue of $4.01 billion, compared with a loss of 43 cents a share on revenue of $3.74 billion in the year-ago period. Bristol Myers Squibb is trading at around $47.39 a share. So far this year, the stock has gained 45.4 percent.

Eli Lilly & Co. (NYSE: LLY) discovers, develops, manufactures, and sells pharmaceutical products. The company has a market capitalization of $54.99 billion. It is expected to report FY 2013 third-quarter EPS of $1.04 on revenue of $5.76 billion, compared with a profit of $1.18 a share on revenue of $5.44 billion in the year-ago period. Eli Lilly is trading at around $48.81 a share. So far this year, the stock has lost 1.0 percent.

General Dynamics Corporation (NYSE: GD) is an aerospace and defense company. The company has a market capitalization of $30.39 billion. It is expected to report FY 2013 third-quarter EPS of $1.68 on revenue of $7.76 billion, compared with a profit of $1.70 a share on revenue of $7.93 billion in the year-ago period. General Dynamics is trading at around $86.85 a share. So far this year, the stock has gained 25.4 percent.

Hudson City Bancorp, Inc. (Nasdaq: HCBK) is a federal stock savings bank. The company has a market capitalization of $4.91 billion. It is expected to report FY 2013 third-quarter EPS of 8 cents on revenue of $151.48 million, compared with a profit of 11 cents a share on revenue of $203.29 million in the year-ago period. Hudson City Bancorp Inc. is trading at around $9.29 a share. So far this year, the stock has gained 14.3 percent.

Lorillard Inc. (NYSE: LO) is a manufacturer of cigarettes in the U.S. The company has a market cap of $17.39 billion. It is expected to report FY 2013 third-quarter EPS of 80 cents on revenue of $1.27 billion, compared with EPS of 72 cents on revenue of $1.16 billion in the year-ago period. Lorillard is trading at around $46.50 a share. So far this year, the stock has gained 19.6 percent.

Motorola Solutions Inc (NYSE: MSI) provides mission-critical communication infrastructure, devices, software and services. The company has a market capitalization of $16.08 billion. It is expected to report FY 2013 third-quarter EPS of 84 cents on revenue of $2.13 billion, compared with a profit of 72 cents a share on revenue of $2.15 billion in the year-ago period. Motorola Solutions is trading at around $60.49 a share. So far this year, the stock has gained 8.6 percent.

Wednesday AMC:

AT&T Inc. (NYSE: T) is a provider of telecommunications services in the U.S. and worldwide. The company has a market capitalization of $179.03 billion. It is expected to report FY 2013 third-quarter EPS of 66 cents on revenue of $32.19 billion, compared with a profit of 63 cents a share on revenue of $31.46 billion in the year-ago period. AT&T is trading at around $33.71 a share. So far this year, the stock has gained 0 percent.

Citrix Systems, Inc. (Nasdaq: CTXS) designs, develops and markets technology solutions that enable information technology services. The company has a market capitalization of $10.71 billion. It is expected to report FY 2013 third-quarter EPS of 40 cents on revenue of $716.70 million, compared with a profit of 41 cents a share on revenue of $641.42 million in the year-ago period. Citrix Systems is trading at around $57.14 a share. So far this year, the stock has lost 12.9 percent.

CMS Energy Corporation (NYSE: CM) is an energy company operating primarily in Michigan. The company has a market capitalization of $7.14 billion. It is expected to report FY 2013 third-quarter EPS of 57 cents on revenue of $1.60 billion, compared with a profit of 55 cents a share on revenue of $1.51 billion in the year-ago period. CMS Energy Corporation is trading at around $26.76 a share. So far this year, the stock has gained 9.8 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 $17.46 billion. It is expected to report FY 2014 second-quarter EPS of 20 cents on revenue of $1.68 billion, compared with a profit of 27 cents a share on revenue of $1.70 billion in the year-ago period. Symantec is trading at around $24.96 a share. So far this year, the stock has gained 32.6 percent.

Thursday BMO:

Ford Motor Company (NYSE: F) operates in the global automotive industry. The company has a market capitalization of $67.80 billion. It is expected to report FY 2013 third-quarter EPS of 37 cents on revenue of $34.08 billion, compared with a profit of 41 cents a share on revenue of $30.25 billion in the year-ago period. Ford Motor Company is trading at around $17.19 a share. So far this year, the stock has gained 32.9 percent.

3M Co (NYSE: MMM) is a diversified technology company. The company has a market capitalization of $82.29 billion. It is expected to report FY 2013 third-quarter EPS of $1.77 on revenue of $7.86 billion, compared with a profit of $1.65 a share on revenue of $7.50 billion in the year-ago period. 3M is trading at around $120.49 a share. So far this year, the stock has gained 29.7 percent.

Celgene Corp. (Nasdaq: CELG) is a global biopharmaceutical company engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory-related diseases. The company has a market cap of $64.95 billion. It is expected to report FY 2013 third-quarter EPS of $1.26 on revenue of $1.63 billion, compared with EPS of 97 cents on revenue of $1.42 billion in the year-ago period. Celgene is trading at around $157.82 a share. So far this year, the stock has gained 101.1 percent.

Coca-Cola Enterprises Inc. (NYSE: CCE) markets, produces and distributes nonalcoholic beverages. The company has a market cap of $10.94 billion. It is expected to report FY 2013 third-quarter EPS of 77 cents on revenue of $2.16 billion, compared with EPS of 89 cents on revenue of $2.07 billion in the year-ago period. Coca-Cola Enterprises is trading at around $40.97 a share. So far this year, the stock has gained 29.0 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 $49.93 billion. It is expected to report FY 2013 third-quarter EPS of 53 cents on revenue of $14.00 billion, compared with a profit of 42 cents a share on revenue of $13.64 billion in the year-ago period. Dow Chemical is trading at around $41.18 a share. So far this year, the stock has gained 27.2 percent.

International Paper Co. (NYSE: IP) is a global paper and packaging company. The company has a market cap of $20.01 billion. It is expected to report FY 2013 third-quarter EPS of 83 cents on revenue of $7.48billion, compared with EPS of 54 cents on revenue of $7.03 billion in the year-ago period. International Paper is trading at around $44.89 a share. So far this year, the stock has gained 12.6 percent.

Sirius XM Radio Inc. (Nasdaq: SIRI) broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the U.S. on a subscription-fee basis through its two satellite radio systems. The company has a market cap of $24.53 billion. It is expected to report FY 2013 third-quarter EPS of 2 cents on revenue of $969.67 million, compared with EPS of one cent on revenue of $867.36 million in the year-ago period. Sirius XM Radio is trading at around $3.95 a share. So far this year, the stock has gained 36.7 percent.

Xcel Energy Inc (NYSE: XEL) is a holding company with subsidiaries engaged primarily in the utility business. The company has a market cap of $13.85 billion. It is expected to report FY 2013 third-quarter EPS of 77 cents on revenue of $3.00 billion, compared with EPS of 78 cents on revenue of $2.72 billion in the year-ago period. Xcel Energy Inc. is trading at around $27.82 a share. So far this year, the stock has gained 4.2 percent.

Xerox Corp. (NYSE: XRX) provides a portfolio of business-process and information-technology outsourcing support, document technology and solutions. The company has a market cap of $13.18 billion. It is expected to report FY 2013 third-quarter EPS of 21 cents on revenue of $5.34 billion, compared with EPS of 21 cents on revenue of $5.42 billion in the year-ago period. Xerox is trading at around $10.68 a share. So far this year, the stock has gained 56.7 percent.

Colgate-Palmolive Co. (NYSE:CL) is a consumer products company. The company has a market cap of $57.66 billion. It is expected to report FY 2013 third-quarter EPS of 68 cents on revenue of $4.46 billion, compared with EPS of 68 cents on revenue of $4.33 billion in the year-ago period. Colgate-Palmolive is trading at around $62.08 a share. So far this year, the stock has gained 18.9 percent.

Thursday AMC:

Microsoft Corporation (Nasdaq: MSFT) develops, licenses and supports software products and services. The company has a market cap of $290.16 billion. It's expected to report an FY 2014 first-quarter EPS of 54 cents on revenue of $17.80 billion, compared with a profit of 53 cents a share on revenue of $16.01 billion in the year-ago period. Microsoft is trading at around $34.72 a share. So far this year, the stock has gained 29.9 percent.

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 $141.60 billion. It is expected to report a loss of 10 cents a share in the third quarter of fiscal year 2013 on revenue of $16.77 billion, compared with a loss of 60 cents a share on revenue of $13.81 billion in the year-ago period. Amazon.com Inc. is trading at around $309.92 a share. So far this year, the stock has gained 23.6 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 $15.77 billion. It is expected to report FY 2013 third-quarter EPS of 19 cents on revenue of $450.97 million, compared with a profit of 9 cents a share on revenue of $296.87 million in the year-ago period. Cabot Oil & Gas is trading at around $37.42 a share. So far this year, the stock has gained 50.5 percent.

Cliffs Natural Resources Inc (NYSE: CLF) is an international mining and natural resources company. The company has a market capitalization of $3.47 billion. It is expected to report FY 2013 third-quarter EPS of 67 cents on revenue of $1.45 billion, compared with a profit of 59 cents a share on revenue of $1.55 billion in the year-ago period. Cliffs Natural Resources is trading at around $22.63 a share. So far this year, the stock has lost 41.6 percent.

Express Scripts Holding Company (Nasdaq: ESRX) is the largest pharmacy benefit management organization in the U.S. The company has a market capitalization of $63.92 billion. It is expected to report FY 2013 third-quarter EPS of 72 cents on revenue of $25.01 billion, compared with a profit of 47 cents a share on revenue of $27.00 billion in the year-ago period. Express Scripts Holding Company is trading at around $63.92 a share. So far this year, the stock has gained 18.4 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 $16.33 billion. It is expected to report FY 2014 first-quarter EPS of $1.86 on revenue of $3.78 billion, compared with a profit of $2.06 a share on revenue of $4.04 billion in the year-ago period. Western Digital is trading at around $69.24 a share. So far this year, the stock has gained 63.0 percent.

Zynga Inc (Nasdaq: ZNGA) is a provider of social game services. The company has a market capitalization of $2.90 billion. It is expected to report a loss of 3 cents per share in the third quarter of fiscal year 2013 on revenue of $142.67 million, compared with a loss of 7 cents per share on revenue of $255.61 million in the second quarter. Zynga is trading around $3.61 a share. So far this year, the stock has gained 52.5 percent.

Friday BMO:

The Procter & Gamble Co. (NYSE:PG) is focused on providing consumer packaged goods. The company has a market cap of $213.95 billion. It is expected to report FY 2014 first-quarter EPS of $1.04 a share on revenue of $21.07 billion, compared with a profit of 96 cents a share on revenue of $20.74 billion in the year-ago period. P&G is trading at around $78.16 a share. So far this year, the stock has gained 15.1 percent.

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 $85.68 billion. It is expected to report FY 2013 third-quarter EPS of $1.15 on revenue of $13.60 billion, compared with a profit of 48 cents a share on revenue of $13.07 billion in the year-ago period. UPS is trading at around $91.30 a share. So far this year, the stock has gained 23.8 percent.

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