Earnings To Watch Late Monday (APC, MOH, HOLX, MCK, VECO)
Anadarko Petroleum Corporation (NYSE:APC) will report its quarterly earnings after market closes. Analysts are estimating the company to report a profit of $0.83 a share, up from a year ago profit of 72 cents a share. Revenue is estimated to rise by a 5% to $3.42 billion, from a year ago revenue of $3.25 billion. The company had beat analysts’ estimates in the past three quarters out of four quarters. Shares of the company are now down 1.21% to $72.90.
Molina Healthcare, Inc. (NYSE:MOH) is also due to report its quarterly earnings later today. Analysts are optimistic on the company with projection of $0.38 a share, a penny than a year ago profit of $0.37 a share. Revenue is estimated to increase by 22.50% to $1.37 billion, from a year ago revenue of $1.12 billion. Shares of the company are now up 0.08% to $26.52. So far this year, the stock is up over 18% and down over 7% over the past one year.
Hologic, Inc. (NASDAQ:HOLX) is trading lower by 9.56% at $19.20 ahead of its earnings. Analysts are estimating the company to report a profit of $0.33 a share, up from a year ago profit of $0.30 cents a share. Revenue is estimated to rise by 8.10% to $474.03 million, from a year ago revenue of $438.65 million. This morning, the company agreed to buy Gen-Probe Incorporated (NASDAQ:GPRO) for about $3.75 billion in cash to expand its diagnostic business.
McKesson Corporation (NYSE:MCK) will report quarterly results after market hours. Analysts are estimating the company to report a profit of $2.06 a share, up from a year ago profit of $1.66 a share. Revenue is estimated to grow by 5.30% to $30.40 billion, from a year ago revenue of $28.85 billion. The company had topped analysts’ estimates in the past four consecutive quarters. Shares of MCK are now up 1.08% to $92.03 So far this year, the stock is up over 18% and over 11% over the past one year.
Veeco Instruments Inc. (NASDAQ:VECO) will report quarterly results after market hours. Analysts are estimating the company to report a profit of $0.19 a share, from a year ago profit of $1.33 a share. Revenue is estimated to slump by 50.50% to $126.03 million, from a year ago revenue of $254.68 million. Shares of VECO are now up 1.48% to $30.80. So far this year, the stock is up over 48% and down over 40% over the past one year.