Sprint Nextel
Corporation(NYSE:S) is all set to report its second quarter earnings on
Thursday before market hours with analysts are estimating the company to report
increased loss despite growth in revenue. Average analysts are estimating the
company to report a loss of 40 cents a share, up from a year ago loss of 28 cents
a share. Revenue is projected to grow by 5.10% to $8.73 billion, from $8.31
billion.
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The company has beaten analysts target in the past three consecutive
quarters out of the past four quarters. Shares of the company have jumped over 38%
since it reported its first quarter earnings late April. Shares of the company ended lower by 2.32% to
$3.37 on Wednesday.
Exxon Mobil
Corporation(NYSE:XOM) too set to report its second quarter earnings on
Thursday before market hours with analysts are calling the company to report
lower profit and revenue. Average analysts are estimating the company to report
a profit of $1.95 a share, down from a year ago profit of $2.18 a share.
Revenue is projected to fall by 8.30% to $115.08 billion, from $125.49 billion.
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Analysis
The company has beaten analysts target in the past two quarters
out of the past four quarters. Shares of
the company have fallen over 2% since it reported its first quarter earnings
late April. Shares of the company ended gigher
by 0.78% to $85.24 on Wednesday.
The Dow Chemical
Company(NYSE:DOW) will report its second quarter earnings on Thursday
before market hours with analysts are calling the company to report lower
profit and revenue. Average analysts are estimating the company to report a
profit of 64 cents a share, down from a year ago profit of 85 cents a share.
Revenue is projected to fall by 2.20% to $15.70 billion, from $16.05 billion.
The company has beaten analysts target in the past two
quarters out of the past four quarters.
Shares of the company have fallen over 16% since it reported its first
quarter earnings late April. Shares of
the company ended lower by 0.73% to $30.27 on Wednesday.
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