Earnings Watch For August 5 (DIS, TTWO, ATVI, MGM, CVS)

(RTTNews) - Diversified media and entertainment conglomerate Walt Disney Co. (DIS) is slated to report third quarter results. The Burbank, California-based company's earnings are expected at $1.17 per share, higher than the prior year's $1.03 per share, while revenues are anticipated to increase to $12.16 billion from $11.58 billion last year. The stock closed Monday at $87.24. (52-wk H/L $87.63/$60.41).

Activision Blizzard, Inc. (ATVI) is scheduled to report second quarter results after the markets close. The earnings of the world's largest video game publisher are expected to decline $0.02 per share from the year-ago quarter's $0.08 per share. Also, the company is projected to generate revenues of $607.72 million, a marginal decrease from $608.00 million in the prior-year quarter. The company's shares closed Monday's session at $22.61. (52-wk H/L $23.43/$16.02)

Video-game publisher Take-Two Interactive Software Inc. (TTWO) is scheduled to post first quarter results after the close of trading. The company is expected to report a loss of $0.26 per share, narrower than the loss of $0.54 per share reported a year earlier, while revenues are anticipated to decrease to $135.34 million from $144.30 million last year. The shares of TTWO closed Monday's trade at $22.34. (52-wk H/L $23.67/$15.99)

MGM Resorts International (MGM) is slated to report second quarter results before the markets open. The earnings of the casino operator are expected at $0.11 per share, compared to a loss of $0.19 per share last year. Revenues are estimated at $2.57 billion, up from the previous year's $2.48 billion. The stock closed Monday at $26.45. (52-wk H/L $28.75/$16.75).

Drugstore chain CVS Caremark Corp. (CVS) is expected to report second quarter results before the markets open. The earnings of the Woonsocket, Rhode Island-based company are anticipated to rise to $1.10 per share from the $0.97 per share reported a year earlier. Revenues are projected to climb to $33.48 billion from $31.25 billion in the prior-year quarter. The company's shares closed Monday's regular trading at $77.37. (52-wk H/L $79.43/$56.32)

Archer-Daniels-Midland (ADM), Coach Inc (COH), Expeditors International of Washington Inc. (EXPD), FirstEnergy Corp. (FE), Louisiana Pacific (LPX), Motorola Solutions Inc. (MSI), Office Depot Inc. (ODP), Vulcan Materials Co. (VMC), First Solar, Inc. (FSLR), Forest Oil Corp. (FST), Liberty Global Inc. (LBTYA) and Scientific Games Corp (SGMS) are also scheduled to release their results.