Chevron Corporation, (CVX): Founded in 1879, based in San Ramon, California, Chevron, operates as an integrated energy company worldwide.
Market is expecting a profit of $1.47 a share for the quarter ended September 2009, a drop of $1.78 a share compared to its actual profit the company posted in the same quarter a year ago. The company surprised the market negatively in last two quarters, by as much as 11%. In the quarter ended March 2009, it posted a profit of 72 cents a share, and 87 cents a share for the quarter ended June 2009. Watch for the earnings on Friday October 30, 2009 at 11:00 AM Eastern.
Las Vegas Sands, Corp., (LVS): Founded In 1988, headquarter in Las Vegas, Nevada, Las Vegas Sands, owns and operates resorts worldwide.
Market is expecting a loss of 1 cent a share for the quarter ended September 2009, 3 cent less than its actual profit of 2 cents it posted in the same quarter a year ago. As of Wednesday October 28, 2009, the stock is trading at $13.17, and traded 56 million shares. Watch for earnings on Thursday October 29, 2009, after market close.
Metlife, Inc., (MET): Founded in 1863, headquarter in New York, New York, MetLife, Inc., provides individual insurance, employee benefits, and financial services in the United States, Latin America, Europe, and the Asia Pacific.
Market is expecting a profit of 87 cents a share for the quarter ended September 2009, a cent more than its actual profit of 88 cents a share it posted in the same quarter a year ago. Stock traded approximately 9.3 million shares on Wednesday October 28, 2009, and closed at #34.16. Watch for earnings on Thursday October 29, 2009 after market close.
Ultra Petroleum Corporation, (UPL): Founded in 1979, based in Houston, Texas, Ultra Petroleum, engages in the acquisition, exploration, development, production and operation of oil and natural gas.
Market is expecting a profit of 51 cents a share for the quarter ended September 2009, a drop of 27 cents compared to its actual profit it posted a year ago in the same quarter. The company posted a profit of 78 cents, 43 cents, 26 cents and 51 cents a share in the quarter ended September 2008, December 2008, March 2009, and June 2009 respectively. Watch for the earnings on Friday October 30, 2009 before market open.
Progress Energy, Inc., (PGN): Founded in 1925, headquartered in Raleigh, North Carolina, Progress Energy, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina and Florida.
Market is expecting a profit of $1.18 for the quarter ended September 2009, a cent more than its actual profit it posted in the same quarter a year ago. The company posted a profit of 47 cents a share for the quarter ended December 2008, 66 cents a share for March 2009, and 64 cents a share for the quarter ended June 2009. Watch for the earnings on Friday, October 30, 2009 before market open.
