Earnings To Watch Late Tuesday (BRCM, ACAS, OKS, CAVM, CBS)
Broadcom Corporation(NASDAQ:BRCM) will report its quarterly earnings after market closes. Analysts are estimating the company to report a profit of $0.54 a share, down from a year ago profit of 68 cents a share. Revenue is estimated to fall by a 0.90% to $1.80 billion, from a year ago revenue of $1.80 billion. The company had beat analysts’ estimates in the past four consecutive quarters. Shares of the company are now down 0.79% to $36.31.
American Capital Ltd. (NASDAQ:ACAS) is also due to report its quarterly earnings later today. Analysts are optimistic on the company with projection of $0.18 a share, down from a year ago profit of $0.23 a share. Revenue is estimated to slide by 16.30% to $133.08 million, from a year ago revenue of $159 million. Shares of the company are now up 0.35% to $9.98. So far this year, the stock is up over 48% and down over 3% over the past one year.
Oneok Partners LP (NYSE:OKS) is trading lower by 0.30% at $55.59 ahead of its earnings. Analysts are estimating the company to report a profit of $0.79 a share, up from a year ago profit of $0.58 cents a share. Revenue is estimated to rise by 25.10% to $3.13 billion, from a year ago revenue of $2.50 billion.
Cavium Inc (NASDAQ:CAVM) will report quarterly results after market hours. Analysts are estimating the company to report a profit of $0.01 a share, down from a year ago profit of $0.32 a share. Revenue is estimated to decrease by 17.20% to $52.63 million, from a year ago revenue of $63.57 million. The company had topped analysts’ estimates in the past four consecutive quarters. Shares of CAVM are now up 1.95% to $29.83 So far this year, the stock is up over 4% and down over 37% over the past one year.
CBS Corporation (NYSE:CBS) will report quarterly results after market hours. Analysts are estimating the company to report a profit of $0.44 a share, from a year ago profit of $0.29 a share. Revenue is estimated to rise by 7.70% to $3.78 billion, from a year ago revenue of $3.51 billion. Shares of CBS are now up 0.27% to $33.47.
