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Although Apple (AAPL | Quote | Chart | News | PowerRating) and eBay (EBAY | Quote | Chart | News | PowerRating) are scheduled to report earnings after the close on Wednesday, there are a number of stocks making earnings announcements before the bell.
The Dow closed higher by 127.83. The Nasdaq Composite ended the day up 35.64. And the S&P 500 gained 17.69.
Here are 7 Stocks You Need to Know for Wednesday.
Reporting earnings after the close on Tuesday, Yahoo! (YHOO | Quote | Chart | News | PowerRating) announced per share earnings of 0.08, in line with expectations.
A large number of key stocks are reporting quarterly earnings Wednesday morning. These include consumer-related names like McDonald's (MCD | Quote | Chart | News | PowerRating), which is expected to report EPS of 0.82, and Pepsi Bottling Group (PBG | Quote | Chart | News | PowerRating), which is expected to announce per share earnings of 0.05.
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Among the financial companies reporting earnings before the bell on Wednesday is Wells Fargo (WFC | Quote | Chart | News | PowerRating). Earnings per share of 47 cents is what analysts are expecting to hear from Wells Fargo.
Industrial and materials stocks will be represented in Wednesday's pre-market earnings reports, as well. For the industrials, Boeing (BA | Quote | Chart | News | PowerRating) is expected to announce per share earnings of 0.96. In the earnings spotlight for the basic materials sector will be Freeport McMoran Copper & Gold (FCX | Quote | Chart | News | PowerRating). Analysts are expecting EPS of 0.13 from Freeport McMoran.
AT&T (T | Quote | Chart | News | PowerRating) reports earnings Wednesday morning before the bell. Analysts are expecting EPS of 50 cents.
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