Earnings Watch For October 16 (AXP, EBAY, BAC, PEP, STJ)

(RTTNews) - Financial services giant Bank of America Corp. (BAC) is scheduled to post third quarter results before the markets open. The earnings of the company are expected to surge to $0.18 per share from breakeven results last year, while quarterly revenues are anticipated to rise to $22.03 billion from the prior year's $20.43 billion. The shares of BAC closed Tuesday's trade at $14.24. (52-wk H/L $15.03/$8.92)

Credit-card issuer American Express Co. (AXP) is expected to report results for the third quarter. The New York-based company is expected to earn $1.22 per share, higher than the prior year's $1.09 per share. Quarterly revenues are anticipated at $8.19 billion, up from $7.86 billion last year. The shares closed Tuesday at $75.25. (52-wk H/L $78.63/$53.02)

E-commerce giant eBay Inc. (EBAY) is slated to report third quarter results after the markets close. The online auctioneer is expected to post earnings of $0.63 per share, an increase from the year-ago quarter's $0.55 per share. Also, revenues are anticipated to grow to $3.90 billion from the year earlier's $3.40 billion. The company's shares closed Tuesday's session at $53.97. (52-wk H/L $58.04/$45.66)

Food and beverage giant Pepsico, Inc. (PEP) will report its third quarter results before the markets open. The Purchase, New York-based company is expected to report a profit of $1.17 per share, lower than the $1.20 per share reported last year. Meanwhile, revenues are estimated to rise to $16.96 billion from $16.65 billion reported a year earlier. The stock closed Tuesday at $80.60. (52-wk H/L $87.06/$67.39)

Medical equipment maker St. Jude Medical, Inc. (STJ) is due to report its third quarter results before the opening bell. The earnings of the company are expected to climb to $0.89 per share from $0.83 per share last year. Revenues are projected at $1.32 billion, a marginal decline from $1.33 billion reported a year ago. The stock closed Tuesday's regular trading at $55.38. (52-wk H/L $57.17/$30.25)

International Business Machines Corp. (IBM), SLM Corp. (SLM), Sandisk Corp. (SNDK), Xilinx Inc. (XLNX), Abbott Laboratories (ABT), Blackrock Inc. (BLK), Mattel Inc. (MAT), Piper Jaffray Companies (PJC), PNC Financial Services Group Inc. (PNC), Stanley Black & Decker, Inc. (SWK), US Bancorp (USB) and Northern Trust Corp. (NTRS) are also due to report their results.