The average estimate of analysts polled by Thomson Reuters is for earnings of 40 cents a share in the quarter on revenue of $280.5 million. Shares were plunging 33.9% to $17.60.
NEW YORK ( TheStreet) -- Footwear and accessories company Crocs ( CROX) now sees third-quarter earnings of 31 cents to 33 cents a share, well below previous guidance for a profit of 40 cents a share. Revenue is expected to range between $273 million and $275 million, below a prior projection of $280 million.
Computer-services company International Business Machines ( IBM) reported third-quarter revenue of $26.20 billion, falling short of the average analyst estimate of $26.30 billion. The company reported third-quarter earnings of $3.28 a share, beating the average analyst estimate of $3.22 a share. Shares were tumbling 4.2% to $178.74.
Bank of America ( BAC) reported third-quarter profit of 56 cents a share, beating the average analyst estimate of 19 cents.. Shares were adding 2.3% to $6.17 in premarket trading Tuesday.
Goldman Sachs ( GS) reported a third-quarter loss of 84 cents a share. Analysts were expecting a loss of 16 cents. Shares were rising 0.8% to $97.65 after some relieved investors felt the number wasn't as bad as they had expected.
Virtualization software provider VMware ( VMW) reported third-quarter profit of 53 cents a share, topping the Wall Street consensus target of 50 cents. Shares were up 0.7% to $90.15.
Soda giant Coca-Cola ( KO) earned an adjusted third-quarter profit of $1.03 a share, a penny above analysts estimates. Shares were rising 0.6% to $67.41.
Chipmaker Intel ( INTC) is expected to report third-quarter earnings of 61 cents a share Tuesday, up from 52 cents a share a year ago. Shares were down 0.4% to $23.18.
Internet firm Yahoo! ( YHOO) is expected by analysts to report third-quarter earnings of 17 cents a share Tuesday, down from earnings of 29 cents a share a year ago. Shares were up 0.3% to $15.74.
iPhone and iPad maker Apple ( AAPL) is expected to report fourth-quarter earnings of $7.39 a share after the markets close Tuesday, up from $4.64 a share a year ago. Shares were up 0.1% to $420.50.
Pharmaceutical, biotechnology products and consumer products maker Johnson & Johnson ( JNJ) reported third-quarter profit of $1.24 a share, beating the average analyst estimate of $1.21 a share. Shares were flat at $63.80. -- Written by Andrea Tse in New York. >To contact the writer of this article, click here: Andrea Tse.