This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks to Watch: Facebook, Zynga, Exxon, 3M

NEW YORK -- Facebook (FB - Get Report), the social networking giant, is expected to post its quarterly results after Thursday's closing bell. It's the company's first-ever report as a public company.

Analysts expect Facebook to report a profit of 12 cents a share on revenue of $1.15 billion.

Facebook's IPO in May was a flop, but the real issue for analysts and investors is whether Facebook can generate meaningful revenue from its mobile platforms.

Facebook partner Zynga (ZNGA - Get Report) on Wednesday reported a below-consensus quarterly profit and lowered its outlook.

Zynga reported second-quarter earnings of 1 cent a share on revenue of $332 million. Analysts had expected the San Francisco-based company to generate 6 cents a share on $344.85 million in revenue.

Regarding its fiscal 2012 outlook, the FarmVille maker cited a "a more challenging environment on the Facebook web platform." It now sees earnings of 4 cents to 9 cents a share. Wall Street analysts were looking for earnings of 27 cents a share.

Zynga Plunges on Earnings Miss, Guidance

3M (MMM - Get Report) is expected by analysts Thursday to post second-quarter earnings of $1.65 a share on revenue of $7.79 billion.

Exxon Mobil (XOM - Get Report) is seen posting a decline in second-quarter earnings to $9.35 billion, or $1.95 a share, from $10.68 billion, or $2.18 a share, a year earlier. (AMZN), the online retailing giant, is expected by analysts after Thursday's closing bell to report earnings of 2 cents a share on revenue of $12.89 billion.

Apple Is Still Better Than Its Rivals

Other high-profile reports Thursday include Starbucks (SBUX) and United Technologies (UTX - Get Report).

Horizon Pharma: Rayos FDA Approval Thursday Seems Likely

-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FB $117.43 -0.96%
MMM $167.97 -0.22%
XOM $88.11 -1.14%
UTX $102.13 -2.15%
ZNGA $2.32 -2.11%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs