Stocks to Watch: GE, Google, Microsoft
NEW YORK -- General Electric (GE) is expected by analysts Friday to post second-quarter profit of 37 cents a share in the June-ended period on revenue of $36.79 billion.
The industrial conglomerate and Dow component has topped Wall Street's consensus view in seven of the past eight quarters, beating the estimate by an average of 8.6% in those instances.
GE: More Dividend Gravy, Please
Google (GOOG), the Internet search giant, reported Thursday second-quarter non-GAAP earnings of $3.35 billion, or $10.12 a share, on revenue excluding traffic acquisition costs of $8.36 billion. Analysts were looking for a profit of $10.04 a share on revenue of $8.41 billion. Google Delivers Above-Consensus Profit
Microsoft (MSFT) posted Thursday a non-GAAP quarterly profit of $6.93 billion, or 73 cents a share, for its fiscal fourth quarter on revenue of $18.06 billion. Analysts were looking for earnings of 62 cents a share on revenue of $18.13 billion. Microsoft saw strong growth in its server and tools business in the quarter. Microsoft Beats on Strength in Servers Business
SanDisk (SNDK), the flash memory specialist, on Thursday reported non-GAAP earnings of $51 million, or 21 cents a share, for the second quarter on revenue totaling $1.03 billion. The performance topped the average estimate of analysts for a profit of 18 cents a share on revenue of $1.02 billion.
Schlumberger (SLB) is expected by analysts Friday to post second-quarter earnings of $1 a share on revenue of $10.47 billion.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
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