Stocks To Watch For July 20

By Benzinga
posted 18:45 07/19/11
| Stocks Reviews
 
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Some of the stocks that may grab investor focus today are:

Wall Street expects American Express Company (NYSE: AXP) to report its Q2 EPS at $0.98 on revenue of $7.35 billion. AXP shares gained 0.37% to $52.00 in after-hours trading.

Apple Inc (NASDAQ: AAPL) reported upbeat quarterly results. Apple sold 20.34 million iPhones during the quarter, versus an estimated 17 million to 18 million. Apple's net income in the fiscal third quarter surged to $7.31 billion, or $7.79 per share, from $3.25 billion, or $3.51 per share, in the year-ago period. Its revenue jumped 82% y/y to $28.6 billion, from $15.7 billion. Analysts were expecting earnings of $5.82 per share on revenue of $24.8 billion. Apple shares jumped 4.55% to $394.00 in the after-hours trading session.

Analysts are expecting Abbott Laboratories (NYSE: ABT) to have earned $1.11 per share on revenue of $9.56 billion in the second quarter. ABT shares rose 0.67% to close at $52.89 yesterday.

Yahoo! Inc (NASDAQ: YHOO) reported its Q2 net income at $237 million, or $0.18 per share, up from $213 million, or $0.15 per share, in the year-ago quarter. Its search revenue dropped 45% year-over-year to $467 million. Yahoo's net revenue came in $1.1 billion, versus $1.13 billion, in the year-ago period. Yahoo shares fell 1.99% to $14.30 in the after-hours trading session.

Analysts expect eBay Inc (NASDAQ: EBAY) to report its Q2 EPS at $0.46 on revenue of $2.61 billion.

 
 
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