Pre-Market Earnings Report for July 30, 2014 : PSX, D, SO, AMT, BEN, WLP, HES, TRI, S, VLO, CVE, LO

By
A A A

The following companies are expected to report earnings prior to market open on 07/30/2014. Visit our Earnings Calendar for a full list of expected earnings releases.

Phillips 66 ( PSX ) is reporting for the quarter ending June 30, 2014. The oil refining company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.69. This value represents a 12.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PSX is 12.67 vs. an industry ratio of 26.60.

Dominion Resources, Inc. ( D ) is reporting for the quarter ending June 30, 2014. The electric power utilities company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.61. This value represents a 1.61% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for D is 20.14 vs. an industry ratio of 66.00.

Southern Company ( SO ) is reporting for the quarter ending June 30, 2014. The electric power utilities company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.67. This value represents a 1.52% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for SO is 16.32 vs. an industry ratio of 66.00.

American Tower Corporation (REIT) ( AMT ) is reporting for the quarter ending June 30, 2014. The reit company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.52. This value represents a 43.48% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for AMT is 42.78 vs. an industry ratio of 16.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Franklin Resources, Inc. ( BEN ) is reporting for the quarter ending June 30, 2014. The finance/investment management company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.96. This value represents a 11.63% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for BEN is 15.19 vs. an industry ratio of 19.70.

WellPoint Inc. ( WLP ) is reporting for the quarter ending June 30, 2014. The hmo company's consensus earnings per share forecast from the 17 analysts that follow the stock is $2.27. This value represents a 12.69% decrease compared to the same quarter last year. In the past year WLP has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.49%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WLP is 13.47 vs. an industry ratio of 15.00.

Hess Corporation ( HES ) is reporting for the quarter ending June 30, 2014. The oil company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.20. This value represents a 20.53% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for HES is 19.09 vs. an industry ratio of 16.20, implying that they will have a higher earnings growth than their competitors in the same industry.

Thomson Reuters Corp ( TRI ) is reporting for the quarter ending June 30, 2014. The technology services company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.47. This value represents a 2.08% decrease compared to the same quarter last year. TRI missed the consensus earnings per share in the 4th calendar quarter of 2013 by -58%. The "days to cover" for this stock exceeds 23 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for TRI is 19.41 vs. an industry ratio of 5.50, implying that they will have a higher earnings growth than their competitors in the same industry.

Sprint Corporation ( S ) is reporting for the quarter ending June 30, 2014. The diversified company's consensus earnings per share forecast from the 10 analysts that follow the stock is $-0.04. This value represents a 87.10% increase compared to the same quarter last year. In the past year S and beat the expectations the other two quarters. Zacks Investment Research reports that the 2014 Price to Earnings ratio for S is -30.56 vs. an industry ratio of -1.90.

Valero Energy Corporation ( VLO ) is reporting for the quarter ending June 30, 2014. The oil refining company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.20. This value represents a 33.33% increase compared to the same quarter last year. VLO missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -4.26%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for VLO is 8.51 vs. an industry ratio of 26.60.

Cenovus Energy Inc ( CVE ) is reporting for the quarter ending June 30, 2014. The oil company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.44. This value represents a 120.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for CVE is 17.91 vs. an industry ratio of 4.60, implying that they will have a higher earnings growth than their competitors in the same industry.

Lorillard, Inc ( LO ) is reporting for the quarter ending June 30, 2014. The tobacco company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.88. This value represents a 8.64% increase compared to the same quarter last year. The last two quarters LO had negative earnings surprises; the latest report they missed by -4.17%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for LO is 17.61 vs. an industry ratio of 16.70, implying that they will have a higher earnings growth than their competitors in the same industry.



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


NASDAQ.com News

NASDAQ.com News

More from NASDAQ.com News:

Related Videos

Stocks

Referenced

71%
100%
100%
71%
100%

Most Active by Volume

38,090,550
  • $38.9136 ▼ 4.93%
34,506,182
  • $17.035 ▲ 0.50%
24,002,990
  • $90.52 ▼ 3.59%
18,066,975
  • $101.1099 ▲ 0.15%
14,523,149
  • $11.525 ▼ 3.96%
13,814,160
  • $98.95 ▼ 1.03%
13,484,893
  • $15.937 ▼ 5.02%
13,262,928
  • $29.82 ▲ 0.98%
As of 9/22/2014, 10:53 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com