Earnings Watch For October 17 (BK, GE, HON, MS)

(RTTNews) - Diversified conglomerate General Electric Co. (GE) is expected to report third quarter results before the markets open. The Fairfield, Connecticut-based company is expected to report earnings of $0.37 per share, marginally higher than the prior year's $0.36 per share. Further, the company is anticipated to generate revenues of $36.79 billion, an increase from $35.72 billion reported a year ago. The shares of GE closed Thursday's trade at $24.25. (52-wk H/L $28.09/$23.69)

The Bank of New York Mellon Corp. or BNY Mellon (BK) is slated to report third quarter results before the start of trading. The bank is expected to post earnings of $0.61 per share, up slightly from the year-ago quarter's $0.60 per share. Revenues are anticipated to increase to $3.98 billion from $3.76 billion in the prior-year quarter. The company's shares closed Thursday's session at $36.16. (52-wk H/L $40.80/$30.82)

Diversified manufacturing company Honeywell International, Inc. (HON) is due to report its third quarter results. The earnings of the company are expected to grow to $1.41 per share from the year-ago quarter's $1.24 per share. The Morris Township, New Jersey-based company's revenues are expected to climb to $10.04 billion from $9.65 billion in the prior-year quarter. The company's shares closed Thursday's session at $86.39. (52-wk H/L $98.09/$82.89)

Investment bank Morgan Stanley (MS) is slated to report third quarter results before the market opens. The company is expected to post earnings of $0.54 per share, higher than the last year's $0.50 per share. However, revenues are anticipated to climb to $8.17 billion from $8.10 billion reported a year earlier. The shares closed Wednesday at $32.53. (52-wk H/L $36.44/$28.31)

Comerica Inc. (CMA), M&T Bank Corp. (MTB) and SunTrust Banks (STI) are also due to report their quarterly results.