Stocks to Watch: Coca-Cola, J&J, Goldman
NEW YORK --
Coca-Cola (KO) , the beverage giant, is expected by analysts Tuesday to post first-quarter profit of 88 cents a share on revenue of $10.82 billion.
Health care company Johnson & Johnson (JNJ) will earn $1.35 a share in its first quarter on revenue of $16.28 billion, according to analysts. Johnson & Johnson posts earnings before the opening bell Tuesday.
Goldman Sachs (GS) is expected by analysts to earn $3.55 a share in the first quarter on revenue of $9.45 billion.
Goldman beat the average analysts' profit view for the fourth quarter, but missed in the two preceding quarters. Meanwhile, the consensus revenue estimate is 20% below last year's reported first-quarter total of $11.89 billion.
Bloomberg reported that RIM is considering hiring one Canadian bank and one global bank. The company had indicated a willingness to look at its strategic options during its recent earnings conference call.
Intel(INTC) reports earnings after the closing bell Tuesday.
Intel, the world's biggest chipmaker, is expected by analysts to post a quarterly profit of 50 cents a share on revenue of $12.84 billion.
UBS is expecting an in-line, first-quarter performance from Intel, although it has a "bias" to the upside as hard disk drive supply constraints start to ease.
IBM(IBM) also reports after Tuesday's closing bell and analysts expect first-quarter operating earnings of $2.65 a share on sales of $24.8 billion.
-- Written by Joseph Woelfel
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