Top 5 Earnings to Watch on Thursday

Print Email

Markets seem to be struggling to recover from a terrible Tuesday after a couple of key Dow stocks missed their earnings. Most of the major financial stocks have already reported and now we are getting into the thick of earnings season where more industrial companies will be reporting and setting a direction for the broad markets.

24/7 Wall St. has put together a preview of companies scheduled to report their quarterly results on Thursday. Although only three Dow stocks are reporting Thursday, about one-third of the companies in the Dow are announcing or have already announced their results this week.

We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.

Philip Morris International Inc. (NYSE: PM) will share its latest quarterly earnings first thing. The consensus estimates call for $1.03 in earnings per share (EPS) and $6.47 billion in revenue. Shares were last seen at $114.60, in a 52-week trading range of $86.78 to $115.63. The stock has a consensus analyst target of $115.07.

Travelers Companies Inc. (NYSE: TRV) first-quarter results are scheduled for the morning as well. The consensus earnings estimate is $2.38 per share, on $6.32 billion in revenue. The shares traded at $120.85 Wednesday morning. The consensus price target is $121.79, and the 52-week range is $103.45 to $125.49.

Verizon Communications Inc. (NYSE: VZ) is set to release its most recent quarterly results before the markets open. The consensus forecast calls for $0.97 in EPS, as well as $30.57 billion in revenue. Shares were trading at $49.45. The consensus price target is $51.55, and the 52-week range is $46.01 to $56.95.

Visa Inc. (NYSE: V) is expected to report its most recent quarterly results late in the day. The consensus estimates call for $0.79 in EPS and $4.31 billion in revenue. Shares were trading at $90.55 on Wednesday, in a 52-week range of $73.25 to $92.05. The consensus price target is $98.06.

Mattel Inc. (NASDAQ: MAT) first-quarter results are scheduled for the afternoon as well. The consensus estimate is a net loss of $0.17 per share, on $809.39 million in revenue. The shares were last seen at $25.30. The consensus price target is $30.00, and the 52-week trading range is $24.60 to $34.24.