Upcoming Earnings Snapshot: AAPL, WFC, BAC, CSX, SWK

October is the month where investors and traders are seeking direction on U.S. corporations and their economic health. Following is some information about upcoming earnings releases:

  • Apple, Inc. (NASDAQ:AAPL) is planning to release its earnings on Oct 18. The consensus estimate is $7.20 per share, based on 46 analysts’ estimates. The company earned $4.64 in the year-ago period, and the consensus estimate represents a change of 55%. The shares recently traded at $381.84 and have traded in a 52-week range of $285.26 to $422.86.  About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Wells Fargo & Co. (NYSE:WFC) is planning to release its earnings on Oct 17. The consensus estimate is $0.72 per share, based on 29 analysts’ estimates. The company earned $0.60 in the year-ago period, and the consensus estimate represents a change of 20%.  The shares recently traded at $24.85 and have traded in a 52-week range of $22.58 to $34.25.  About the company: Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, leasing, credit cards, and consumer finance. The Company operates through physical stores, the Internet and other distribution channels across North America and elsewhere internationally.
  • Bank of America Corp. (NYSE:BAC) is planning to release its earnings on Oct 18. The consensus estimate is $0.20 per share, based on 19 analysts’ estimates. The company earned $0.27 in the year-ago period, and the consensus estimate represents a change of -26%. The shares recently traded at $6.09 and have traded in a 52-week range of $5.13 to $15.31.  About the company: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • CSX Corp. (NYSE:CSX) is planning to release its earnings on Oct 18. The consensus estimate is $0.45 per share, based on 28 analysts’ estimates. The company earned $0.36 in the year-ago period, and the consensus estimate represents a change of 25%. The shares recently traded at $20.04 and have traded in a 52-week range of $17.69 to $27.06.  About the company: CSX Corporation is an international freight transportation company. The Company provides rail, intermodal, domestic container-shipping, barging, and contract logistics services around the world. CSX’s rail transportation services are provided principally throughout the eastern United States.
  • Stanley Black & Decker, Inc. (NYSE:SWK) is planning to release its earnings on Oct 17. The consensus estimate is $1.36 per share, based on 11 analysts’ estimates. The company earned $0.97 in the year-ago period, and the consensus estimate represents a change of 40%. The shares recently traded at $54.70 and have traded in a 52-week range of $47.07 to $78.19.  About the company: Stanley Black & Decker Inc. is a diversified worldwide supplier of tools and solutions for professional, industrial and construction and do-it-yourself use. The Company’s products include mechanical and electronic security products and systems, professional industrial and automotive mechanics tools, hand tools, consumer mechanics tools, storage systems, pneumatic tools and fasteners.

(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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