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Pre-Market Earnings Report for April 16, 2019 : JNJ, BAC, UNH, BLK, PLD, PGR, CMA, FHN, WIT, MBWM

The following companies are expected to repor t earnings prior to market open on 04/16/2019. Visit our Earnings Calendar for a full list of expected earnings releases.

Johnson & Johnson ( JNJ ) is reporting for the quarter ending March 31, 2019. The large cap pharmaceutical company's consensus earnings per share forecast from the 8 analysts that follow the stock is $2.04. This value represents a 0.97% decrease compared to the same quarter last year. In the past year JNJ has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 1.03%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for JNJ is 15.85 vs. an industry ratio of 15.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Bank of America Corporation ( BAC ) is reporting for the quarter ending March 31, 2019. The bank company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.65. This value represents a 4.84% increase compared to the same quarter last year. In the past year BAC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for BAC is 10.59 vs. an industry ratio of 11.10.

UnitedHealth Group Incorporated ( UNH ) is reporting for the quarter ending March 31, 2019. The hmo company's consensus earnings per share forecast from the 10 analysts that follow the stock is $3.59. This value represents a 18.09% increase compared to the same quarter last year. In the past year UNH has beat the expectations every quarter. The highest one was in the 4th calendar quarter where they beat the consensus by 2.5%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for UNH is 15.27 vs. an industry ratio of 13.40, implying that they will have a higher earnings growth than their competitors in the same industry.

BlackRock, Inc. ( BLK ) is reporting for the quarter ending March 31, 2019. The finance/investment management company's consensus earnings per share forecast from the 6 analysts that follow the stock is $6.20. This value represents a 7.46% decrease compared to the same quarter last year. BLK missed the consensus earnings per share in the 4th calendar quarter of 2018 by -4.25%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for BLK is 16.78 vs. an industry ratio of 57.40.

Prologis, Inc. ( PLD ) is reporting for the quarter ending March 31, 2019. The reit company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.72. This value represents a 10.00% decrease compared to the same quarter last year. In the past year PLD has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for PLD is 23.48 vs. an industry ratio of 16.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Progressive Corporation ( PGR ) is reporting for the quarter ending March 31, 2019. The insurance (property & casualty) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.38. This value represents a 13.11% increase compared to the same quarter last year. PGR missed the consensus earnings per share in the 4th calendar quarter of 2018 by -56.44%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for PGR is 14.32 vs. an industry ratio of 15.40.

Comerica Incorporated ( CMA ) is reporting for the quarter ending March 31, 2019. The bank company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.94. This value represents a 25.97% increase compared to the same quarter last year. CMA missed the consensus earnings per share in the 1st calendar quarter of 2018 by -1.28%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for CMA is 9.91 vs. an industry ratio of 11.10.

First Horizon National Corporation ( FHN ) is reporting for the quarter ending March 31, 2019. The banks (southeast) company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.35. This value represents a 2.94% increase compared to the same quarter last year. FHN missed the consensus earnings per share in the 4th calendar quarter of 2018 by -2.78%. Zacks Investment Research reports that the 2019 Price to Earnings ratio for FHN is 9.73 vs. an industry ratio of 13.60.

Wipro Limited ( WIT ) is reporting for the quarter ending March 31, 2019. The business software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.07. This value represents a 40.00% increase compared to the same quarter last year. In the past year WIT has met analyst expectations three times and beat the expectations the other quarter. Zacks Investment Research reports that the 2019 Price to Earnings ratio for WIT is 20.62 vs. an industry ratio of 18.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Mercantile Bank Corporation ( MBWM ) is reporting for the quarter ending March 31, 2019. The bank (midwest) company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.60. This value represents a 9.09% decrease compared to the same quarter last year. In the past year MBWM has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2019 Price to Earnings ratio for MBWM is 13.18 vs. an industry ratio of 11.90, 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 Nasdaq, Inc.


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

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WIT PLD UNH CMA PGR BAC BLK JNJ FHN MBWM

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