Companies Set To Report Earnings Later Today (DDR, GGP, GNW, MMI, XCO)
DDR Corp (NYSE:DDR) will report its quarterly earnings after market closes. Analysts are estimating the company to report a profit of $0.24 a share, down from a year ago profit of 24 cents a share. Revenue is estimated to fall by a 3.10% to $196.72 million, from a year ago revenue of $202.98 million. The company had missed analysts’ estimates in the last reported quarter. Shares of the company are now up 1.89% to $15.08.
General Growth Properties Inc (NYSE:GGP) is also due to report its quarterly earnings later today. Analysts are optimistic on the company with projection of $0.21 a share, down from a year ago profit of $0.22 a share. Revenue is estimated to slide by 5.90% to $648.81 million, from a year ago revenue of $689.83 million. Shares of the company are now up 1.52% to $18.07. So far this year, the stock is up over 20% and over 8% over the past one year.
Genworth Financial Inc (NYSE:GNW) is trading higher by 2.33% at $6.15 ahead of its earnings. Analysts are estimating the company to report a profit of $0.11 a share, down from a year ago profit of $0.20 cents a share. Revenue is estimated to fall by 0.90% to $2.57 billion, from a year ago revenue of $2.60 billion.
Motorola Mobility Holdings Inc (NYSE:MMI) will report quarterly results after market hours. Analysts are estimating the company to report a profit of $0.01 a share, reversing a year ago loss of $0.08 a share. Revenue is estimated to decrease by 2.50% to $2.96 billion, from a year ago revenue of $3.03 billion. The company had topped analysts’ estimates in the past four consecutive quarters. Shares of MMI are now down 0.21% to $38.74.
EXCO Resources Inc (NYSE:XCO) will report quarterly results after market hours. Analysts are estimating the company to report a loss of $0.01 a share, from a year ago profit of $0.13 a share. Revenue is estimated to rise by 4.40% to $168.25 million, from a year ago revenue of $161.23 million. Shares of XCO are now flat at $7.34.