Industrials

6 DJIA Components Still Have Earnings Due (T, CAT, MCD, TRV, AXP, VZ, HON)

Earnings season is well under way.  The floodgates are open wide and we still have 6 more of the 30 DJIA components left to report this week.  AT&T Inc. (NYSE: T), Caterpillar Inc. (NYSE: CAT), McDonald’s Corporation (NYSE: MCD), The Travelers Companies, Inc. (NYSE: TRV), American Express Company (NYSE: AXP) and Verizon Communications Inc. (NYSE: VZ) are all on deck.  There is also the ex-DJIA component Honeywell International Inc. (NYSE: HON) due with earnings on Friday.

We have compiled the Thomson Reuters estimates, added in trading ranges and performance, and added in color on each if and where applicable.

Thursday morning AT&T Inc. (NYSE: T) will release is the first major telecom for the week.  Thomson Reuters has estimates of $0.55 EPS and $31.23 billion in revenues.  For next quarter the estimates are $0.57 EPS and $31.34 billion in revenues.  Shares are around $28.61, and the 52-week trading range is $23.78 to $29.43.  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 Verizon getting a CDMA iPhone or not.  We will also listen for anything about its higher dividend now that the payout ratio is getting high.

Thursday morning also brings Caterpillar Inc. (NYSE: CAT).  Thomson Reuters has estimates of $1.09 EPS and $10.48 billion in revenues.  For next quarter the estimates are $1.16 EPS and $11.11 billion in revenues.  Shares are $80.32, and the 52-week trading range is $50.50 to $81.19. The global construction and mining equipment is actually a potential beneficiary of the volatile currency markets.

McDonald’s Corporation (NYSE: MCD) is also on deck Thursday morning.  Thomson Reuters has estimates at for the Golden Arches of $1.24 EPS and $6.21 billion in revenues.  For next quarter the estimates are $1.12 EPS and $6.02 billion in revenues.  Shares are $77.41, and the 52-week high was put in last Friday.  This was one of our safe dependable stocks for any market picks lately.  The steady new highs in the quarter were impressive, as were global sales.  Of course currency issues will be crucial.

The Travelers Companies, Inc. (NYSE: TRV) is also on deck Thursday morning.  Thomson Reuters has estimates of $1.45 EPS and $5.4 billion in revenues.  For next quarter the estimates are $1.63 EPS and $5.24 billion in revenues.  Shares are $54.64, and the 52-week trading range is $46.55 to $54.83. Imagine, a financial stock close to 52-week highs.

American Express Company (NYSE: AXP) is due Thursday afternoon.  We have already seen improving credit trends with lower write-offs and delinquencies.  Thomson Reuters has estimates of $0.85 EPS and $6.79 billion in revenues.  For next quarter the estimates are $0.87 EPS and $7.09 billion in revenues.  Shares are $39.73, and the 52-week trading range is $34.20 to $49.19.

Verizon Communications Inc. (NYSE: VZ) is due on Friday as the second telecom giant reporting this week.  Thomson Reuters has estimates of $0.54 EPS and $26.34 billion in revenues.  For next quarter the estimates are $0.54 EPS and $26.42 billion in revenues.  Shares are $32.64, 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.  We’ll also be paying close attention to anything on its  dividend because the payout ratio is so high and it recently completed a spin-off.  As a reminder, all spin-offs create challenges for analysts covering the stocks for a quarter or two.

Honeywell International Inc. (NYSE: HON) reports before the open Friday. Many feel it should not have been booted from the DJIA.  It reports on Friday morning before the open.  Thomson Reuters has estimates for the conglomerate of $0.63 EPS and $8.22 billion in revenues.  For next quarter the estimates are $0.80 EPS and $8.66 billion in revenues.  Shares are $46.41, and the 52-week trading range is $35.60 to $48.63.  Using the previous earnings in recent days of United Tech or GE to predict how this one will do is probably more of a guess than a trend.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.