[cnxvideo id=”507732″ placement=”ros”]The broad markets have made a solid recovery from a massive drop on Tuesday and Wednesday. Although crude oil is not helping out much, the Dow Jones Industrial Average and S&P 500 are trading up just below 1% for each. The question remains whether the markets bottomed with this drop.
It is worth mentioning that a few earnings reports did hold back the markets in this trading session — notably Verizon, Philip Morris and Travelers. But more strong earnings reports for the first quarter could drive markets even higher.
24/7 Wall St. has put together a preview of two companies scheduled to report their quarterly results on Friday. Only one is a Dow stock, but so far about one-third of the companies in the Dow have announced their results this week.
[nativounit]
We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.
General Electric Co. (NYSE: GE) will share its latest quarterly earnings early in the day. The consensus estimates call for $0.17 in earnings per share (EPS) and $26.41 billion in revenue. Shares were last seen at $30.45 on Thursday, in a 52-week trading range of $28.19 to $33.00. The stock has a consensus analyst target of $33.00.
Honeywell International Inc. (NYSE: HON) first-quarter results are scheduled for the morning as well. The consensus earnings estimate is $1.62 per share, on $9.32 billion in revenue. The shares traded at $123.98. The consensus price target is $134.53, and the 52-week range is $105.25 to $127.52.
[wallst_email_signup]
Top Gaining Stocks
Top Losing Stocks