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Market Update : 
Record Oil Profits
Author: 123jump.com Staff
123jump.com
Last Update: 1:29 PM EDT October 23 2005


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Flood of earnings are to continue during the coming week with the earnings of oil companies to come under sharp focus. Market for the year is expecting oil companies to top annual industry profit of $63 billion. For the third quarter profits at Exxon Mobil is expected to jump 45%, Chevron 50%, Conoco Phillips 79%, Amerada Hess 91%, Marathon Oil 100%, Apache Corp 76% and Anadarko Petroleum 15% from a year ago.

 
Macromedia to Report Quarterly Net at 25 Cents a Share

Macromedia Inc., (MACR: chart) business software provider, is expected to report on Monday Q2 of fiscal 2006 net income of 25 cents per share on revenue of $123.88 million, up from 22 cents per share in the same time last year. The company stock has gained 6 % over the last three months.

Ameritrade to Post Profit

Ameritrade Holding Corp., (AMTD: chart) financial services company, is expected to report on Tuesday Q4 of fiscal 2005 net income of 22 cents per share on revenue of $261.41 million, up from 14 cents per share in the year-ago period. The company stock has lost 1.5 % over the last three months.

Boston Properties to Report Profit down vs. Year-Ago Period

Boston Properties Inc., (BXP: chart) real estate investment trust, is expected to report on Tuesday quarterly net income of $1.05 per share on revenue of $351.33 million, down from the actual net income of $1.07 cents per share in the same time last year. The company share has lost 9 % over the last three months.

Cardinal Health to Post Net at 72 Cents a Share

Cardinal Health Inc., (CAH: chart) health care provider, is expected to report on Wednesday Q1 of fiscal 2006 net income of 72 cents per share on revenue of $ 19.58 billion, up from 61 cents per share in the same time last year. The company share has gained 9 % over the last three months.

DSP Group to Post Earnings at 33 Cents a Share

DSP Group Inc., (DSPG: chart) semiconductor company, is expected to report on Thursday Q3 net income of 33 cents per share on revenue of $ 54.51 million, breakeven from 33 cents per share in the same time last year. The company share has remained nearly unchanged over the last three months.

Cinergy Corp to Post Third-Quarter Profit

Cinergy Corp., (CIN: chart) utility holding company, is expected to report on Thursday Q3 net income of 69 cents per share on revenue of $ 1.17 billion, up from 58 cents per share in the same time last year. The company share has lost 14 % over the last three months.


Baker Hughes to Post Quarterly Net Profit

Baker Hughes Inc., (BHI: chart) wellbore–related products supplier, is expected to report on Friday Q3 net income of 67 cents per share on revenue of $ 1.86 billion, up from 41 cents per share in the same time a year ago. The company share has remained nearly unchanged over the last three months.
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