Earnings Watch For October 16 (GS, AMD, COF, GOOG, SLB)

(RTTNews) - Financial services firm Goldman Sachs Group, Inc. (GS) is scheduled to report third quarter results before the market opens. The earnings of the investment bank are anticipated to rise to $3.21 per share from the $2.88 per share reported a year ago. The company is projected to generate revenues of $7.85 billion, an increase from $6.72 billion in the prior-year quarter. The company's shares closed Wednesday's session at $177.24. (52-wk H/L $189.50/$151.65)

Health insurer UnitedHealth Group Inc. (UNH) will also report its third quarter results today. The earnings of the company remained flat at the prior year's $1.53 per share, while revenues are expected to climb to $32.76 billion from $30.62 billion in the previous year quarter. The shares of the company closed Wednesday's trade at $82.16. (52-wk H/L $88.85/$66.72)

Credit card lender Capital One Financial Corp (COF) is due to report its third quarter results after the markets close. The earnings of the company are expected to grow to $1.94 per share from $1.86 per share last year. However, revenues are projected to decline to $5.56 billion from the $5.65 billion reported a year ago. The stock closed Wednesday's regular trading at $79.21. (52-wk H/L $85.39/$67.86)

Search engine giant Google, Inc. (GOOG, GOOGL), which recently introduced three Android-powered, Nexus-branded devices, giving the company a broader portfolio to compete against Apple Inc. (AAPL), is scheduled to report third quarter results. For the quarter, the Mountain View, California-based company's earnings are expected to climb to $6.53 per share from the $5.37 per share reported a year earlier and quarterly revenues are anticipated at $16.58 billion, higher than the prior year's $14.89 billion. On the Nasdaq, GOOGL closed Wednesday's trade at $590.62. (52-wk H/L 615.05/$421.91)

Oilfield services provider Schlumberger Limited (SLB) is slated to report third quarter results after the close of trading. The Houston, Texas-based company's earnings are expected at $1.46 per share, higher than the prior year's $1.29 per share and the revenues are projected to grow to $12.64 billion from $11.61 billion reported a year earlier. The shares of SLB closed Wednesday's trade at $89.21. (52-wk H/L $118.76/$84.91)

Chipmaker Advanced Micro Devices Inc (AMD), which recently appointed Lisa Su as president and chief executive officer and member of the board, is expected to post third quarter results. The earnings of the Sunnyvale, California-based company remained flat at prior year's level of $0.04 per share, while revenues are estimated at $1.47 billion, up marginally from $1.46 billion a year ago. The stock closed Wednesday's regular trading at $2.61. (52-wk H/L $4.80/$2.54)

Baker Hughes (BHI), Delta Air Lines (DAL), Mattel Inc. (MAT), Philip Morris International (PM), PPG Industries Inc. (PPG), Supervalu Inc. (SVU), W.W. Grainger Inc. (GWW), Winnebago Indus (WGO), Sandisk Corp. (SNDK), Stryker Corp. (SYK), WD-40 Co (WDFC) and Xilinx Inc. (XLNX) are also scheduled to report their results.