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Pre-Market Earnings Report for January 24, 2013 : MMM, UNP, BMY, CELG, BAX, LMT, PCP, RTN, GWW, SWK, DOV, ABC

The following companies are expected to report earnings prior to market open on 01/24/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

3M Company ( MMM ) is reporting for the quarter ending December 31, 2012. The diversified operations company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.41. This value represents a 4.44% increase compared to the same quarter last year. MMM missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -0.6%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for MMM is 15.72 vs. an industry ratio of 15.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Union Pacific Corporation ( UNP ) is reporting for the quarter ending December 31, 2012. The transportation (rail) company's consensus earnings per share forecast from the 24 analysts that follow the stock is $2.16. This value represents a 8.54% increase compared to the same quarter last year. In the past year UNP has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for UNP is 16.21 vs. an industry ratio of 14.80, implying that they will have a higher earnings growth than their competitors in the same industry.

Bristol-Myers Squibb Company ( BMY ) is reporting for the quarter ending December 31, 2012. The large cap pharmaceutical company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.43. This value represents a -18.87% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BMY is 17.78 vs. an industry ratio of 14.50, implying that they will have a higher earnings growth than their competitors in the same industry.

Celgene Corporation ( CELG ) is reporting for the quarter ending December 31, 2012. The biomedical (gene) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $1.18. This value represents a 21.65% increase compared to the same quarter last year. CELG missed the consensus earnings per share in the 1st calendar quarter of 2012 by -2.94%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for CELG is 22.37 vs. an industry ratio of -4.40, implying that they will have a higher earnings growth than their competitors in the same industry.

Baxter International Inc. ( BAX ) is reporting for the quarter ending December 31, 2012. The medical products company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.26. This value represents a 7.69% increase compared to the same quarter last year. In the past year BAX has met analyst expectations twice and beat the expectations the other two quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for BAX is 14.78 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry.

Lockheed Martin Corporation ( LMT ) is reporting for the quarter ending December 31, 2012. The aerospace and defense company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.79. This value represents a -29.25% decrease compared to the same quarter last year. In the past year LMT has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 19.46%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for LMT is 11.34 vs. an industry ratio of 13.40.

Precision Castparts Corporation ( PCP ) is reporting for the quarter ending December 31, 2012. The metal processing & fabrication company's consensus earnings per share forecast from the 17 analysts that follow the stock is $2.48. This value represents a 16.98% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PCP is 18.76 vs. an industry ratio of 35.60.

Raytheon Company ( RTN ) is reporting for the quarter ending December 31, 2012. The military company's consensus earnings per share forecast from the 17 analysts that follow the stock is $1.30. This value represents a -25.29% decrease compared to the same quarter last year. In the past year RTN has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 18.11%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for RTN is 10.54 vs. an industry ratio of 12.30.

W.W. Grainger, Inc. ( GWW ) is reporting for the quarter ending December 31, 2012. The industrial services company's consensus earnings per share forecast from the 14 analysts that follow the stock is $2.61. This value represents a 22.54% increase compared to the same quarter last year. GWW missed the consensus earnings per share in the 3rd calendar quarter of 2012 by -3.1%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for GWW is 19.82 vs. an industry ratio of 13.20, implying that they will have a higher earnings growth than their competitors in the same industry.

Stanley Black & Decker, Inc. ( SWK ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 9 analysts that follow the stock is $1.36. This value represents a no change for the same quarter last year. The last two quarters SWK had negative earnings surprises; the latest report they missed by -3.45%. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SWK is 15.83 vs. an industry ratio of 22.00.

Dover Corporation ( DOV ) is reporting for the quarter ending December 31, 2012. The machinery company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.07. This value represents a no change for the same quarter last year. In the past year DOV has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 2.36%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for DOV is 15.10 vs. an industry ratio of 14.60, implying that they will have a higher earnings growth than their competitors in the same industry.

AmerisourceBergen Corporation (Holding Co) ( ABC ) is reporting for the quarter ending December 31, 2012. The drug store company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.67. This value represents a 8.06% increase compared to the same quarter last year. ABC missed the consensus earnings per share in the 4th calendar quarter of 2011 by -1.59%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for ABC is 14.62 vs. an industry ratio of 3.30, 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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