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Pre-Market Earnings Report for October 18, 2018 : PM, DHR, BK, BBT, TRV, NVS, ERIC, BX, PPG, KEY, NUE, TXT


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The following companies are expected to report earnings prior to market open on 10/18/2018. Visit our Earnings Calendar for a full list of expected earnings releases.



Philip Morris International Inc ( PM ) is reporting for the quarter ending September 30, 2018. The tobacco company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.27. This value represents a no change for the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PM is 16.73 vs. an industry ratio of 12.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Danaher Corporation ( DHR ) is reporting for the quarter ending September 30, 2018. The diversified operations company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.07. This value represents a 7.00% increase compared to the same quarter last year. In the past year DHR has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 5.5%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for DHR is 23.40 vs. an industry ratio of 12.00, 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 September 30, 2018. The bank company's consensus earnings per share forecast from the 7 analysts that follow the stock is $1.04. This value represents a 6.12% increase compared to the same quarter last year. In the past year BK has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BK is 11.83 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry.

BB&T Corporation ( BBT ) is reporting for the quarter ending September 30, 2018. The bank company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.00. This value represents a 28.21% increase compared to the same quarter last year. In the past year BBT has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BBT is 11.77 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry.

The Travelers Companies, Inc. ( TRV ) is reporting for the quarter ending September 30, 2018. The insurance (property & casualty) company's consensus earnings per share forecast from the 9 analysts that follow the stock is $2.22. This value represents a 143.96% increase compared to the same quarter last year. The last two quarters TRV had negative earnings surprises; the latest report they missed by -25.51%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for TRV is 12.54 vs. an industry ratio of 19.10.

Novartis AG ( NVS ) is reporting for the quarter ending September 30, 2018. The large cap pharmaceutical company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.31. This value represents a 1.55% increase compared to the same quarter last year. NVS missed the consensus earnings per share in the 2nd calendar quarter of 2018 by -0.79%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for NVS is 16.58 vs. an industry ratio of 16.20, 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, 2018. The wireless equipment company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.04. This value represents a 166.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2018 Price to Earnings ratio for ERIC is 45.42 vs. an industry ratio of 14.00, implying that they will have a higher earnings growth than their competitors in the same industry.

The Blackstone Group L.P. ( BX ) is reporting for the quarter ending September 30, 2018. The finance/investment management company's consensus earnings per share forecast from the 7 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 BX has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 23.29%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for BX is 11.73 vs. an industry ratio of -15.20, implying that they will have a higher earnings growth than their competitors in the same industry.

PPG Industries, Inc. ( PPG ) is reporting for the quarter ending September 30, 2018. The chemical company's consensus earnings per share forecast from the 10 analysts that follow the stock is $1.43. This value represents a 5.92% decrease compared to the same quarter last year. PPG missed the consensus earnings per share in the 1st calendar quarter of 2018 by -1.42%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for PPG is 16.84 vs. an industry ratio of 13.10, implying that they will have a higher earnings growth than their competitors in the same industry.

KeyCorp ( KEY ) is reporting for the quarter ending September 30, 2018. The bank company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.44. This value represents a 25.71% increase compared to the same quarter last year. In the past year KEY has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2018 Price to Earnings ratio for KEY is 10.68 vs. an industry ratio of 11.60.

Nucor Corporation ( NUE ) is reporting for the quarter ending September 30, 2018. The steel company's consensus earnings per share forecast from the 7 analysts that follow the stock is $2.35. This value represents a 197.47% increase compared to the same quarter last year. NUE missed the consensus earnings per share in the 2nd calendar quarter of 2018 by -1.43%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for NUE is 7.68 vs. an industry ratio of 14.70.

Textron Inc. ( TXT ) is reporting for the quarter ending September 30, 2018. The aerospace and defense company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.76. This value represents a 16.92% increase compared to the same quarter last year. TXT missed the consensus earnings per share in the 4th calendar quarter of 2017 by -3.9%. Zacks Investment Research reports that the 2018 Price to Earnings ratio for TXT is 20.05 vs. an industry ratio of 25.60.

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



This article appears in: News Headlines , Earnings



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