NEW YORK -- Google (GOOG), the Internet search giant, is expected by analysts Thursday to post fiscal second-quarter earnings of $10.05 a share on revenue of $8.42 billion.
Google posted a profit of $10.08 a share on revenue of $8.14 billion in the first quarter and earnings of $8.74 a share on revenue of $6.92 billion in last year's second quarter.
Google is expected to issue its report after Thursday's closing bell.
Shares of Google have fallen more than 10% this year, while the Nasdaq has gained 13%. Google's issues are well known, namely slowing revenue growth, margin pressures stemming from rapid expansion and a pricey acquisition of Motorola Mobility.
Morgan Stanley (MS) is scheduled to release second-quarter earnings before Thursday's opening bell and analysts expect the banking company to post earnings of 32 cents a share on revenue of $7.54 billion. Morgan Stanley Must Move Past Facebook, Downgrade
Microsoft (MSFT) said Windows 8, the upgrade to its operating system, will go on sale Oct. 26. The software is designed to work on both PCs and tablet computers. The software giant also reports quarterly results Thursday and analysts expect Microsoft to post fiscal fourth-quarter earnings of 62 cents a share on revenue of $18.11 billion. The estimates don't take into account a write-down of $6.2 billion related to Microsoft's 2007 acquisition of aQuantive. Is Tesla's Road to Production Rocky?
Other notables reporting earnings Thursday include Dow components Travelers (TRV) and Verizon Communications (VZ).
IBM (IBM) eased past Wall Street's expectations in its earnings Wednesday but fell short on revenue, mainly because of foreign currency pressures. For the full year, IBM lifted its earnings outlook, saying it now expects a profit of at least $15.10 a share, up from a prior view of $15 a share and ahead of consensus at $15.06 a share. IBM Eases Past Earnings View, Raises Guidance
Internet giant eBay (EBAY) on Wednesday reported quarterly earnings of 56 cents a share on revenue of $3.39 billion. Analysts were looking for profit of 55 cents a share on revenue of $3.41 billion. eBay saw huge growth in at its PayPal division, which saw revenue rise 26% year over year.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV