Pre-Market Earnings Report for July 16, 2014 : BAC, USB, ABT, BLK, PNC, ASML, SCHW, TSM, STJ, NTRS, TXT, FRC

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The following companies are expected to report earnings prior to market open on 07/16/2014. Visit our Earnings Calendar for a full list of expected earnings releases.

Bank of America Corporation ( BAC ) is reporting for the quarter ending June 30, 2014. The bank company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.29. This value represents a 9.38% decrease compared to the same quarter last year. BAC missed the consensus earnings per share in the 1st calendar quarter of 2014 by -200%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BAC is 17.30 vs. an industry ratio of 14.30, 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 June 30, 2014. The bank company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.77. This value represents a 1.32% increase compared to 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 13.89 vs. an industry ratio of 14.30.

Abbott Laboratories ( ABT ) is reporting for the quarter ending June 30, 2014. The large cap pharmaceutical company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.51. This value represents a 10.87% increase compared to the same quarter last year. In the past year ABT 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 ABT is 18.92 vs. an industry ratio of 26.80.

BlackRock, Inc. ( BLK ) is reporting for the quarter ending June 30, 2014. The finance/investment management company's consensus earnings per share forecast from the 10 analysts that follow the stock is $4.46. This value represents a 7.47% increase compared to the same quarter last year. In the past year BLK 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 BLK is 17.34 vs. an industry ratio of 20.70.

PNC Financial Services Group, Inc. ( PNC ) is reporting for the quarter ending June 30, 2014. The bank company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.77. This value represents a 11.06% 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 1st calendar quarter where they beat the consensus by 9.64%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PNC is 12.13 vs. an industry ratio of 14.30.

ASML Holding N.V. ( ASML ) is reporting for the quarter ending June 30, 2014. The capital goods company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.03. This value represents a 53.73% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for ASML is 24.01 vs. an industry ratio of 13.00, implying that they will have a higher earnings growth than their competitors in the same industry.

The Charles Schwab Corporation ( SCHW ) is reporting for the quarter ending June 30, 2014. The investment bankers company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.22. This value represents a 22.22% increase compared to the same quarter last year. SCHW missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -5.26%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SCHW is 28.64 vs. an industry ratio of 25.70, implying that they will have a higher earnings growth than their competitors in the same industry.

Taiwan Semiconductor Manufacturing Company Ltd. ( TSM ) is reporting for the quarter ending June 30, 2014. The semi fab foundry company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.37. This value represents a 12.12% increase compared to the same quarter last year. In the past year TSM has met analyst expectations once and beat the expectations the other two quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TSM is 14.43 vs. an industry ratio of 21.00.

St. Jude Medical, Inc. ( STJ ) is reporting for the quarter ending June 30, 2014. The medical products company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.00. This value represents a 4.17% increase compared to the same quarter last year. In the past year STJ has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 1.05%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for STJ is 17.49 vs. an industry ratio of -1.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Northern Trust Corporation ( NTRS ) is reporting for the quarter ending June 30, 2014. The bank company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.84. This value represents a 7.69% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for NTRS is 19.47 vs. an industry ratio of 14.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Textron Inc. ( TXT ) is reporting for the quarter ending June 30, 2014. The aerospace and defense company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.47. This value represents a 17.50% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TXT is 18.72 vs. an industry ratio of 16.80, implying that they will have a higher earnings growth than their competitors in the same industry.

FIRST REPUBLIC BANK ( FRC ) is reporting for the quarter ending June 30, 2014. The bank (west) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.76. This value represents a 18.75% increase 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 17.55 vs. an industry ratio of 18.20.



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.



This article appears in: News Headlines , Earnings


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