As earnings season has started picking up, two DOW’s
components are scheduled to report their earnings on Wednesday, 25 Jul, 2012.
The Boeing
Company(NYSE:BA) is all set to report its second quarter earnings on
Wednesday before the market open with analysts estimating the company to report
lower profit despite higher revenue.
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On an average, analysts are targeting the company to earn
$1.12 a share, down from a year ago profit of $1.25 a share. Revenue is
projected to grow by 17.10% year over year to $19.37 billion, from $16.54
billion a year ago quarter.
In all the past four quarters, the company has beaten analysts’
estimates by wide margin. Shares of the company have fallen over 1% in the past
three months, while YTD is down 2%. On its Q1 report, Boeing forecast FY12 EPS
of $4.14-$4.35, consensus $4.47, and revenue of $78B-$80B, consensus $79.08B.
Management said passenger traffic remained resilient and cargo traffic was
stabilizing.
Caterpillar
Inc.(NYSE:CAT) too is all set to report its second quarter earnings on
Wednesday before the market open with analysts estimating the company to report
higher profit despite double digit
revenue growth.
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On an average, analysts are targeting the company to earn $2.28
a share, up from a year ago profit of $1.52 a share. Revenue is projected to
grow by 20.20% year over year to $17.11 billion, from $14.23 billion a year ago
quarter.
In all the past three quarters, the company has beaten
analysts’ estimates by wide margin. Shares of the company have fallen over 25%
in the past three months, while YTD is down 10%. On its Q1 report, Boeing
forecast FY12 EPS of $4.14-$4.35, consensus $4.47, and revenue of $78B-$80B,
consensus $79.08B. Management said passenger traffic remained resilient and
cargo traffic was stabilizing.
Caterpillar reported mixed results in Q1, handily beating
EPS but missing revenue estimates. On its Q1 earnings report, the company
raised its FY12 EPS view to $9.50 from $9.25, consensus $9.54.
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