October Earnings Watch: CMA, EBAY, ETFC, NTRS, PNC

Following is some information on companies’ upcoming earnings releases.

  • Comerica, Inc. (NYSE:CMA) is planning to release its earnings on Oct 19. The consensus estimate is $0.54 per share, based on 25 analysts’ estimates. The company earned $0.33 in the year-ago period, and the consensus estimate represents a change of 64%. The shares recently traded at $24.44 and have traded in a 52-week range of $21.48 to $43.53. About the company: Comerica Incorporated is the holding company for business, individual, and investment banks with operations in the United States, Canada, and Mexico. The Company’s subsidiaries provide services such as corporate banking, international finance, treasury management, community banking, private banking, small business and individual lending, investment services, and institutional trust.
  • eBay, Inc. (NASDAQ:EBAY) is planning to release its earnings on Oct 19. The consensus estimate is $0.48 per share, based on 27 analysts’ estimates. The company earned $0.40 in the year-ago period, and the consensus estimate represents a change of 20%. The shares recently traded at $31.10 and have traded in a 52-week range of $2408 to $35.35.  About the company: eBay Inc. operates an online trading community. The Company’s service is used by buyers and sellers for the exchange of products and services such as coins, collectibles, computers, memorabilia, stamps and toys, as well as concert and sporting tickets. eBay also offers, through a subsidiary, secure online payment services.
  • E*Trade Financial Corp. (NASDAQ:ETFC) is planning to release its earnings on Oct 19. The consensus estimate is $0.19 per share, based on 15 analysts’ estimates. The company earned $0.03 in the year-ago period, and the consensus estimate represents a change of 533%. The shares recently traded at $8.74 and have traded in a 52-week range of $7.74 to $18.13.  About the company: E*TRADE Financial Corporation provides online brokerage and related products and services primarily to individual retail investors. The Company’s products and services include investor-focused banking, primarily sweep deposits and savings products, and asset gathering.
  • Northern Trust Corp. (NASDAQ:NTRS) is planning to release its earnings on Oct 19. The consensus estimate is $0.69 per share, based on 21 analysts’ estimates. The company earned $0.64 in the year-ago period, and the consensus estimate represents a change of 8%.  The shares recently traded at $36.45 and have traded in a 52-week range of $33.20 to $56.86. About the company: Northern Trust Corporation is a financial holding company that provides investment management, asset and fund administration, fiduciary, and banking solutions for corporations, institutions, and affluent individuals. Northern trusts banking operations are its primary operations.
  • PNC Financial Service Group Inc. (NYSE:PNC) is planning to release its earnings on Oct 19. The consensus estimate is $1.49 per share, based on 30 analysts’ estimates. The company earned $2.07 in the year-ago period, and the consensus estimate represents a change of -28%. The shares recently traded at $48.67 and have traded in a 52-week range of $42.70 to $65.19.   About the company: PNC Financial Services Group, Inc. is a diversified financial services organization. The Company provides regional banking, wholesale banking, and asset management services nationally and in the Company’s primary regional markets.

(Note: Selected financial data are sourced from Google Finance. Data about earnings releases are sourced via Reuters. All data are assumed to be accurate.)

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