Thursday Earnings Reports to Put on Your Trading Radar

The DJIA closed above 11,500 and the S&P 500 Index closed at 1,209 today. Following is some information on companies’ upcoming earnings releases.

  • Noble Energy (NYSE:NBL) is planning to release its earnings on Oct 20. The consensus estimate is $1.05 per share, based on 20 analysts’ estimates. The company earned $1.27 in the year-ago period, and the consensus estimate represents a change of -17%. The shares recently traded at $76.51 and have traded in a 52-week range of $65.91 to $101.27.  About the company: Noble Energy, Inc. is an independent energy exploration and production company. The Company explores for and produces crude oil, natural gas, and natural gas liquids. Noble Energy operates primarily in the Rocky Mountains, Mid-continent, and deepwater Gulf of Mexico areas in the US, with key international operations offshore Israel, the North Sea and West Africa.
  • Nucor Corp (NYSE:NUE) is planning to release its earnings on Oct 20. The consensus estimate is $0.53 per share, based on 13 analysts’ estimates. The company earned $0.07 in the year-ago period, and the consensus estimate represents a change of 657%. The shares recently traded at $33.83 and have traded in a 52-week range of $29.32 to $49.24.  About the company: Nucor Corporation manufactures steel products. The Company’s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
  • New York Times Co (NYSE:NYT) is planning to release its earnings on Oct 20. The consensus estimate is $0.04 per share, based on 6 analysts’ estimates. The company earned $0.07 in the year-ago period, and the consensus estimate represents a change of -43%.  The shares recently traded at $6.75 and have traded in a 52-week range of $5.50 to $11.72.  About the company: The New York Times Company, a diversified media company, conducts operations in newspapers, magazines, television and radio stations, and electronic information and publishing. The Company’s publications include “The New York Times,” “The Boston Globe,” and the “International Herald Tribune.”. New York Times also holds interests in a newsprint mill and a paper mill.
  • People’s United Financial Inc. (NASDAQ:PBCT) is planning to release its earnings on Oct 20. The consensus estimate is $0.17 per share, based on 18 analysts’ estimates. The company earned $0.08 in the year-ago period, and the consensus estimate represents a change of 113%.  The shares recently traded at $11.88 and have traded in a 52-week range of $10.50 to $14.49.   About the company: People’s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.
  • Philip Morris International (NYSE:PM) is planning to release its earnings on Oct 20. The consensus estimate is $1.24 per share, based on 12 analysts’ estimates. The company earned $1.00 in the year-ago period, and the consensus estimate represents a change of 24%. The shares recently traded at $64.58 and have traded in a 52-week range of $55.37 to $72.74.  About the company: Philip Morris International Inc., through its subsidiaries, affiliates and their licensees, produces, sells, distributes, and markets a wide range of branded cigarettes and tobacco products in markets outside of the United States of America. The Company’s portfolio comprises both international and local brands.

(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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