Pre-Market Earnings Report for October 24, 2013 : MMM, MO, F, CELG, CL, DOW, ERIC, PCP, BEN, MCK, POT, NBL

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The following companies are expected to report earnings prior to market open on 10/24/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

3M Company ( MMM ) is reporting for the quarter ending September 30, 2013. The diversified operations company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.76. This value represents a 6.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MMM is 18.45 vs. an industry ratio of 36.70.

Altria Group ( MO ) is reporting for the quarter ending September 30, 2013. The tobacco company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.64. This value represents a 10.34% increase compared to the same quarter last year. MO missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -1.59%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MO is 15.23 vs. an industry ratio of 13.80, implying that they will have a higher earnings growth than their competitors in the same industry.

Ford Motor Company ( F ) is reporting for the quarter ending September 30, 2013. The auto (domestic) company's consensus earnings per share forecast from the 16 analysts that follow the stock is $0.38. This value represents a 5.00% decrease compared to the same quarter last year. In the past year F has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 21.62%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for F is 11.28 vs. an industry ratio of 130.00.

Celgene Corporation ( CELG ) is reporting for the quarter ending September 30, 2013. The biomedical (gene) company's consensus earnings per share forecast from the 5 analysts that follow the stock is $1.38. This value represents a 15.97% increase compared to the same quarter last year. In the past year CELG has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 7.69%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CELG is 29.84 vs. an industry ratio of 17.40, implying that they will have a higher earnings growth than their competitors in the same industry.

Colgate-Palmolive Company ( CL ) is reporting for the quarter ending September 30, 2013. The cleaning company's consensus earnings per share forecast from the 14 analysts that follow the stock is $0.73. This value represents a 5.80% increase compared to the same quarter last year. In the past year CL has met analyst expectations four times Zacks Investment Research reports that the 2013 Price to Earnings ratio for CL is 22.43 vs. an industry ratio of 20.50, implying that they will have a higher earnings growth than their competitors in the same industry.

Dow Chemical Company ( DOW ) is reporting for the quarter ending September 30, 2013. The chemical company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.54. This value represents a 28.57% increase compared to the same quarter last year. DOW missed the consensus earnings per share in the 4th calendar quarter of 2012 by -2.94%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DOW is 17.61 vs. an industry ratio of 14.10, implying that they will have a higher earnings growth than their competitors in the same industry.

Ericsson ( ERIC ) is reporting for the quarter ending September 30, 2013. The wireless equipment company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.18. This value represents a 20.00% increase compared to the same quarter last year. ERIC missed the consensus earnings per share in the 2nd calendar quarter of 2013 by -17.65%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ERIC is 18.69 vs. an industry ratio of 12.90, implying that they will have a higher earnings growth than their competitors in the same industry.

Precision Castparts Corporation ( PCP ) is reporting for the quarter ending September 30, 2013. The metal processing & fabrication company's consensus earnings per share forecast from the 14 analysts that follow the stock is $2.82. This value represents a 23.68% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for PCP is 20.17 vs. an industry ratio of 28.80.

Franklin Resources, Inc. ( BEN ) is reporting for the quarter ending September 30, 2013. The finance/investment management company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.86. This value represents a 11.69% increase compared to the same quarter last year. In the past year BEN 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 BEN is 15.79 vs. an industry ratio of 22.60.

McKesson Corporation ( MCK ) is reporting for the quarter ending September 30, 2013. The medical/dental supplies company's consensus earnings per share forecast from the 11 analysts that follow the stock is $2.03. This value represents a 5.73% increase compared to the same quarter last year. Zacks Investment Research reports that the 2014 Price to Earnings ratio for MCK is 17.14 vs. an industry ratio of 3.80, implying that they will have a higher earnings growth than their competitors in the same industry.

Potash Corporation of Saskatchewan Inc. ( POT ) is reporting for the quarter ending September 30, 2013. The fertilizers company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.41. This value represents a 44.59% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for POT is 13.89 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Noble Energy Inc. ( NBL ) is reporting for the quarter ending September 30, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 19 analysts that follow the stock is $0.95. This value represents a 102.13% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NBL is 21.12 vs. an industry ratio of 23.20.



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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