Pre-Market Earnings Report for January 17, 2014 : GE, SLB, MS, BK, STI, MTB, CMA, FHN, WBS, WIT

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The following companies are expected to report earnings prior to market open on 01/17/2014. Visit our Earnings Calendar for a full list of expected earnings releases.

General Electric Company ( GE ) is reporting for the quarter ending December 31, 2013. The diversified operations company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.53. This value represents a 20.45% increase compared to the same quarter last year. In the past year GE has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for GE is 16.67 vs. an industry ratio of 18.20.

Schlumberger N.V. ( SLB ) is reporting for the quarter ending December 31, 2013. The oil (field services) company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.33. This value represents a 23.15% increase compared to the same quarter last year. In the past year SLB has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for SLB is 18.64 vs. an industry ratio of 13.90, implying that they will have a higher earnings growth than their competitors in the same industry.

Morgan Stanley ( MS ) is reporting for the quarter ending December 31, 2013. The investment bankers company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.43. This value represents a 4.44% decrease compared to the same quarter last year. In the past year MS has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 19.05%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MS is 16.11 vs. an industry ratio of 1.20, implying that they will have a higher earnings growth than their competitors in the same industry.

Bank Of New York Mellon Corporation ( BK ) is reporting for the quarter ending December 31, 2013. The bank company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.54. This value represents a 1.89% increase compared to the same quarter last year. In the past year BK has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for BK is 14.98 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry.

SunTrust Banks, Inc. ( STI ) is reporting for the quarter ending December 31, 2013. The bank company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.70. This value represents a 7.69% increase compared to the same quarter last year. STI missed the consensus earnings per share in the 3rd calendar quarter of 2013 by -4.35%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for STI is 16.43 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry.

M&T Bank Corporation ( MTB ) is reporting for the quarter ending December 31, 2013. The bank company's consensus earnings per share forecast from the 14 analysts that follow the stock is $1.91. This value represents a 14.35% decrease compared to the same quarter last year. In the past year MTB has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 3.85%. The "days to cover" for this stock exceeds 13 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MTB is 13.53 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Comerica Incorporated ( CMA ) is reporting for the quarter ending December 31, 2013. The bank company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.74. This value represents a 7.25% increase compared to the same quarter last year. In the past year CMA has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 9.86%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CMA is 16.07 vs. an industry ratio of 13.30, implying that they will have a higher earnings growth than their competitors in the same industry.

First Horizon National Corporation ( FHN ) is reporting for the quarter ending December 31, 2013. The banks (southeast) company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.17. This value represents a no change for the same quarter last year. FHN missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -10.53%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for FHN is 203.33 vs. an industry ratio of 18.80, implying that they will have a higher earnings growth than their competitors in the same industry.

Webster Financial Corporation ( WBS ) is reporting for the quarter ending December 31, 2013. The bank (northeast) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.50. This value represents a 3.85% decrease compared to the same quarter last year. WBS missed the consensus earnings per share in the 1st calendar quarter of 2013 by -2.22%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for WBS is 16.08 vs. an industry ratio of 19.60.

Wipro Limited ( WIT ) is reporting for the quarter ending December 31, 2013. The business software company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.12. This value represents a no change for the same quarter last year. WIT missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -8.33%. The "days to cover" for this stock exceeds 29 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WIT is 26.06 vs. an industry ratio of 157.40.



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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