"We expect EPS of $0.64 (consensus $0.64), up 14% YoY, driven by strong wireless trends including a step-up in post paid net adds and stable ARPA growth," the firm said. "In wireline, we believe top line pressures intensified a bit in Business (due to macro pressures), causing some QoQ pressure on EBITDA margin. However, this was likely somewhat offset by further acceleration in Consumer revenue growth due to recent price increases."
Also reporting Thursday morning is Dow component
. The average estimate of analysts polled by
is for earnings of $1.61 a share on revenue of $5.79 billion from the insurance and financial services giant.
(MSFT - Get Report)
joins Google, issuing its quarterly report after the close. It's been a busy week for Bill Gates & Co. with the company disclosing pricing details for its Surface tablet and industry reviews (mostly positive) of Microsoft 8 starting to appear. Wall Street is looking for a profit of 56 cents a share in its fiscal first quarter ended in September on revenue of $16.42 billion.
Early reporters on Thursday include
Alliance Data Systems
Briggs & Stratton
Fifth Third Bancorp
Philip Morris International
Other companies on the late roster are
Advanced Micro Devices
Capital One Financial
Chipotle Mexican Grill
Thursday's economic calendar includes weekly initial and continuing jobless claims at 8:30 a.m. ET; the Philadelphia Fed regional manufacturing activity survey at 10 a.m. ET; and leading indicators for September at 10 a.m. ET.
was slumping in Wednesday's after-hours action after the online auctioneer
missed on the top line in its latest quarter
and gave a fourth-quarter outlook that includes a fair amount of downside to the consensus. The stock was down less than 1% on volume of more than 4.2 million.
The big loser in extended trades though was
(MLNX - Get Report)
, whose shares plunged more than 23% to $75.50 on volume of nearly 800,000 after its quarterly report.
The company reportedly gave
weak revenue guidance
on its conference call, according to
, which said Mellanox forecast revenue of $145 million to $150 million for the fourth quarter, below an estimate of $156.7 million from
S&P Capital IQ
Written by Michael Baron in New York.
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