Previewing Some Key October Earnings Releases

The Dow Jones continues to recover with upside momentum after hitting an annual low earlier this week. Following is some information on some companies’ upcoming earnings releases later this month:

  • Abbott Laboratories (NYSE:ABT) is planning to release its earnings on Oct 19. The consensus estimate is $1.17 per share, based on 17 analysts’ estimates. The company earned $1.05 in the year-ago period, and the consensus estimate represents a change of 11%. The shares recently traded at $51.07 and they have traded in a 52-week range of $45.07 to $54.24.  About the company: Abbott Laboratories discovers, develops, manufactures, and sells a broad and diversified line of health care products and services. The Company’s products include pharmaceuticals, nutritional, diagnostics, and vascular products. Abbott markets its products worldwide through affiliates and distributors.
  • Amphenol (NYSE:APH) is planning to release its earnings on Oct 19. The consensus estimate is $0.78 per share, based on 12 analysts’ estimates. The company earned $0.73 in the year-ago period, and the consensus estimate represents a change of 7%.  The shares recently traded at $42.29 and have traded in a 52-week range of $38.98 to $59.11.  About the company: Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company’s products are used in a variety of industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics.
  • Apollo Group, Inc. (NASDAQ:APOL) is planning to release its earnings on Oct 19. The consensus estimate is $0.94 per share, based on 20 analysts’ estimates. The company earned $1.31 in the year-ago period, and the consensus estimate represents a change of -28%.  The shares recently traded at $43.11 and have traded in a 52-week range of $33.75 to $54.23.  About the company: Apollo Group, Inc. provides higher education programs for working adults. The Company provides educational programs and services at the high school, undergraduate, and graduate levels online and on-campus through subsidiaries.
  • American Express Co. (NYSE:AXP) is planning to release its earnings on Oct 19. The consensus estimate is $0.96 per share, based on 19 analysts’ estimates. The company earned $0.90 in the year-ago period, and the consensus estimate represents a change of 7%.  The shares recently traded at $44.19 and have traded in a 52-week range of $37.59 to $53.80.  About the company: American Express Company is a global payment and travel company. The Company’s principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.
  • Bank of New York Mellon Corp. (NYSE:BK) is planning to release its earnings on Oct 19. The consensus estimate is $0.53 per share, based on 21 analysts’ estimates. The company earned $0.55 in the year-ago period, and the consensus estimate represents a change of -4%.  The shares recently traded at $18.30 and have traded in a 52-week range of $17.10 to $32.50. About the company: Bank of New York Mellon Corporation (BNY Mellon) is a global financial services company. The Company provides financial services for institutions, corporations and high-net-worth individuals, providing asset management and wealth management, asset servicing, issuer services, clearing services and treasury services.

(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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