Top Corporate Earnings Reports Being Released on Thursday

The DJIA just broke 11,500 to upside and the S&P 500 is at 1,215. Following is some information about companies’ upcoming earnings releases:

  • Keycorp (NYSE:KEY) is planning to release its earnings on Oct 20. The consensus estimate is $0.21 per share, based on 28 analysts’ estimates. The company earned $0.20 in the year-ago period, and the consensus estimate represents a change of 5%. The shares recently traded at $6.55 and have traded in a 52-week range of $5.59 to $9.77.  About the company: KeyCorp is a financial services holding company. The Company provides a wide range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services to individual, corporate and institutional clients.
  • Laboratory Corp of America Holdings (NYSE:LH) is planning to release its earnings on Oct 20. The consensus estimate is $1.61 per share, based on 20 analysts’ estimates. The company earned $1.47 in the year-ago period, and the consensus estimate represents a change of 10%. The shares recently traded at $78.09 and have traded in a 52-week range of $74.57 to $100.94.  About the company: Laboratory Corporation of America Holdings is a clinical laboratory organization. The Company offers a wide range of clinical laboratory tests which are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease. Laboratory Corporation operates a network of laboratories and service sites which serve clients across the United States.
  • Eli Lilly (NYSE:LLY) is planning to release its earnings on Oct 20. The consensus estimate is $1.12 per share, based on 16 analysts’ estimates. The company earned $1.21 in the year-ago period, and the consensus estimate represents a change of -7%.  The shares recently traded at $37.23 and have traded in a 52-week range of $33.46 to $39.78.   About the company: Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products for humans and animals. The Company’s products are sold in countries around the world. Eli Lilly’s products include neuroscience products, endocrine products, anti-infectives, cardiovascular agents, oncology products, and animal health products.
  • Southwest Airlines (NYSE:LUV) is planning to release its earnings on Oct 20. The consensus estimate is $0.11 per share, based on 16 analysts’ estimates. The company earned $0.26 in the year-ago period, and the consensus estimate represents a change of -58%.  The shares recently traded at $7.86 and have traded in a 52-week range from $7.15 to $14.32.  About the company: Southwest Airlines Co. is a domestic airline that provides primarily short-haul, high-frequency, point-to-point service. The Company offers flights throughout the United States.
  • Microsoft Corp. (NASDAQ:MSFT) is planning to release its earnings on Oct 20. The consensus estimate is $0.68 per share, based on 27 analysts’ estimates. The company earned $0.62 in the year-ago period, and the consensus estimate represents a change of 10%. The shares recently traded at $26.34 and have traded in a 52-week range of $23.65 to $29.46.  About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.

(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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