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5 Dow Stocks Reporting Earnings This Week

24/7 Wall St. has put together a preview of some of the major Dow Jones Industrial Average companies that are reporting their quarterly results this week. We are still in the heart of earnings season, when most major companies report earnings and set a direction for the market. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.

Apple

Apple Inc. (NASDAQ: AAPL) will share its most recent quarterly results after the closing bell on Tuesday. The consensus estimates call for earnings per share (EPS) of $1.88 and $51.09 billion in revenue.

This smartphone giant is poised to close out its fiscal 2015. Despite having a rocky past few months, Apple is continuing to grow its iPhone sales, and with the holidays right around the corner, investor expectations are running high. A recent report from Canaccord Genuity reiterated a Buy rating with a $160 price target, implying upside of roughly 35% from current prices. Overall, based on its survey work and analysis, the firm believes Apple is maintaining strong share of the premium tier smartphone market, which will allow it to continue to post strong sales.

Shares were trading at $119.08 at the close on Friday, in a 52-week trading range of $92.00 to $134.54. The stock has a consensus analyst price target of $147.95.

ALSO READ: 9 Great Companies That Can Raise Their Dividends for the Next Decade

Merck

Merck & Co. Inc. (NYSE: MRK) is scheduled to reveal its third-quarter results on Tuesday before the markets open. The consensus estimates call for $0.92 in EPS, as well as $10.08...


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