American Express Company (NYSE: AXP) is due Thursday afternoon for more clarity on what to expect from write-offs and credit trends. Thomson Reuters has estimates of $0.84 EPS and $6.79 billion in revenues. For next quarter the estimates are $0.87 EPS and $7.1 billion in revenues. Shares are around $39.40, and the 52-week trading range is $34.20 to $49.19.
Verizon Communications Inc. (NYSE: VZ) is due on Friday as the second telco giant. Thomson Reuters has estimates of $0.54 EPS and $26.33 billion in revenues. For next quarter the estimates are $0.54 EPS and $26.42 billion in revenues. Shares are around $32.60, and the 52-week trading range is $25.99 to $34.13. With Apple now making the iPad available at Verizon and AT&T, it will be interesting to see how it sees the outlook now and if it comments on getting a CDMA iPhone or not.
There are several non-DJIA components as well that used be DJIA components. We have compiled the same presentation on estimates, price comparisons, and added color where applicable.
Citigroup, Inc. (NYSE: C) was booted from the DJIA but it is on deck Monday morning. Thomson Reuters has estimates of $0.06 EPS and $21.23 billion in revenues. For next quarter the estimates are $0.07 EPS and $21.36 billion in revenues. Shares have broken under the $4.00 mark again, and the 52-week trading range is $3.11 to $5.07. Citi just broke back under $4.00 today and now the question is if it gets pulled into the abyss.
Altria Group Inc. (NYSE: MO) is also no longer a DJIA component, but it was and it reports Wednesday morning. Thomson Reuters has estimates of $0.52 EPS and $4.42 billion in revenues. For next quarter the estimates are $0.45 EPS and $4.24 billion in revenues. Shares are around $24.95, and the 52-week trading range is $17.80 to $25.00 after the high was hit today. We did not include Phillip Morris International here but it reports next week as well. Altria just hit that $25 target today and it now trades a tad above its average analyst price target on the stock.
Honeywell International Inc. (NYSE: HON) was another booted from the DJIA and many feel it should not have been booted. It reports on Friday. Thomson Reuters has estimates of $0.62 EPS and $8.22 billion in revenues. For next quarter the estimates are $0.80 EPS and $8.66 billion in revenues. Shares are around $46.20, and the 52-week trading range is $35.60 to $48.63. Many feel this one should have not been booted from the DJIA, but that was the call.
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JON C. OGG
