Diversified conglomerate General Electric Co. (GE: Quote) is due to post its fourth quarter results before the markets open. The Fairfield, Connecticut-based company is expected to record earnings of $0.43 per share, higher than $0.39 per share last year. Also, the company is anticipated to generate revenues of $38.74 billion, up from $37.97 billion generated a year ago. Shares of GE closed Thursday’s trade at $21.30. (52-wk H/L $23.18/$18.02)
Johnson Controls Inc. (JCI: Quote) is scheduled to post first quarter results. The auto parts supplier is expected to report a profit of $0.51 per share on revenues of $10.25 billion. In the previous year, the Milwaukee, Wisconsin-based company earned $0.60 per share on revenues of $10.42 billion. JCI closed Thursday’s session at $31.96. (52-wk H/L $35.50/$23.37)
Schlumberger Ltd. (SLB: Quote) is slated to report results for the fourth quarter. The oilfield services company’s earnings are expected to decline to $0.07 per share from $0.11 per share reported last year, while quarterly revenues are anticipated to decline to $10.83 billion from last year’s $10.97 billion. The company’s shares closed Thursday’s trade at $73.37. (52-wk H/L $80.78/$59.12)
Custodial bank State Street Corp. (STT: Quote) will report results for the fourth quarter. The Boston, Massachusetts-based company is expected to post earnings of $1.00 per share versus $0.93 per share reported a year earlier. Further, the company is anticipated to generate revenues of $2.36 billion, higher that prior year’s $2.29 billion. On Thursday, the shares closed trade at $50.38. (52-wk H/L $51.33/$38.21)
Morgan Stanley (MS: Quote) is expected to report results for the fourth quarter before the markets open. The company is expected to post earnings of $0.27 per share, compared to a loss of $0.14 per share last year. Also, the company is anticipated to generate revenues of $7.02 billion compared to $5.71billion in the prior-year quarter. The shares closed Thursday at $20.75. (52-wk H/L $21.19/$12.26)
McMoRan Exploration Co. (MMR: Quote), Parker-Hannifin Corporation (PH: Quote), Progressive Corp. (PGR: Quote), Rockwell Collins Inc. (COL: Quote) and SunTrust Banks, Inc. (STI: Quote) are also due to report their results today.
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by RTT Staff Writer
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