Pre-Market Earnings Report for April 16, 2014 : BAC, USB, ABT, PNC, ASML, STJ, GWW, HBAN, FRC, ADTN

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The following companies are expected to report earnings prior to market open on 04/16/2014. Visit our Earnings Calendar for a full list of expected earnings releases.

Bank of America Corporation ( BAC ) is reporting for the quarter ending March 31, 2014. The bank company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.05. This value represents a 75.00% decrease compared to the same quarter last year. BAC missed the consensus earnings per share in the 1st calendar quarter of 2013 by -13.04%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BAC is 14.68 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry.

U.S. Bancorp ( USB ) is reporting for the quarter ending March 31, 2014. The bank company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.73. This value represents a no change for the same quarter last year. In the past year USB has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2014 Price to Earnings ratio for USB is 12.85 vs. an industry ratio of 13.40.

Abbott Laboratories ( ABT ) is reporting for the quarter ending March 31, 2014. The large cap pharmaceutical company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.35. This value represents a 16.67% decrease compared to the same quarter last year. In the past year ABT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ABT is 17.15 vs. an industry ratio of 17.70.

PNC Financial Services Group, Inc. ( PNC ) is reporting for the quarter ending March 31, 2014. The bank company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.66. This value represents a 5.68% decrease compared to the same quarter last year. In the past year PNC has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 3.05%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PNC is 11.66 vs. an industry ratio of 13.40.

ASML Holding N.V. ( ASML ) is reporting for the quarter ending March 31, 2014. The capital goods company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.81. This value represents a 65.31% increase compared to the same quarter last year. The days to cover, as reported in the 3/31/2014 short interest update, increased 149.68% from previous report on 3/14/2014. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ASML is 19.50 vs. an industry ratio of 19.30, implying that they will have a higher earnings growth than their competitors in the same industry.

St. Jude Medical, Inc. ( STJ ) is reporting for the quarter ending March 31, 2014. The medical products company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.95. This value represents a 3.26% increase compared to the same quarter last year. In the past year STJ has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for STJ is 15.72 vs. an industry ratio of 5.70, implying that they will have a higher earnings growth than their competitors in the same industry.

W.W. Grainger, Inc. ( GWW ) is reporting for the quarter ending March 31, 2014. The industrial services company's consensus earnings per share forecast from the 13 analysts that follow the stock is $2.97. This value represents a 1.02% increase compared to the same quarter last year. The last two quarters GWW had negative earnings surprises; the latest report they missed by -1.52%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for GWW is 19.76 vs. an industry ratio of 19.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Huntington Bancshares Incorporated ( HBAN ) is reporting for the quarter ending March 31, 2014. The bank (midwest) company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.17. This value represents a no change for the same quarter last year. In the past year HBAN has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 11.76%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HBAN is 13.01 vs. an industry ratio of 14.80.

FIRST REPUBLIC BANK ( FRC ) is reporting for the quarter ending March 31, 2014. The bank (west) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.64. This value represents a 11.11% decrease compared to the same quarter last year. FRC missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -1.54%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for FRC is 18.83 vs. an industry ratio of 17.80, implying that they will have a higher earnings growth than their competitors in the same industry.

ADTRAN, Inc. ( ADTN ) is reporting for the quarter ending March 31, 2014. The infrastructure company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.16. This value represents a 14.29% increase compared to the same quarter last year. In the past year ADTN has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 50%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ADTN is 22.45 vs. an industry ratio of 132.10.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



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