Earnings Watch For October 23 (MMM, CAT, MSFT, GM, CMCSA, WYNN)

(RTTNews) - Earth-moving equipment maker Caterpillar Inc. (CAT) is due to report its third quarter results before the opening bell. The earnings of the company are expected to decline to $1.36 per share from the year-ago quarter's $1.45 per share. Further, the company is anticipated to report revenues of $13.19 billion, down from $13.42 billion in the prior-year quarter. The stock closed Wednesday at $94.57. (52-wk H/L $111.46/$81.87)

3M Co. (MMM) is scheduled to report its third quarter results before the markets open. The diversified technology company is expected to record earnings of $1.96 per share, higher than the $1.78 per share reported a last year, while quarterly revenues are anticipated to increase to $8.24 billion from $7.92 billion in the prior year. The shares closed Wednesday at $138.95. (52-wk H/L $147.87/$122.70)

Software giant Microsoft Corp. (MSFT) will post its first quarter results after the markets close. The Redmond, Washington-based company's earnings are expected to fall to $0.49 per share from the $0.62 per share reported last year, whereas revenues are anticipated to rise to $22.02 billion from the prior year's $18.53 billion. MSFT closed Wednesday's regular trading at $44.38. (52-wk H/L $47.57/$33.57)

Detroit, Michigan-based General Motors Co. (GM), which recently outlined its customer-focused strategic plan and reaffirmed its previously announced near-term financial targets, will post its third quarter results. The quarterly earnings of the automaker are expected to be down marginally at $0.95 per share compared with the prior year's $0.96 per share. However, revenues are anticipated at $39.84 billion, an increase from last year's $38.98 billion. The shares of GM closed Wednesday's regular trading at $31.31. (52-wk H/L $41.85/$28.82)

Casino operator Wynn Resorts Ltd (WYNN) is expected to report third quarter results. The quarterly earnings of the Las Vegas, based company are expected at $1.84 per share, flat with last year, whereas revenues are projected to decrease to $1.37 billion from the $1.39 billion reported a year earlier. The shares closed Wednesday at $182.42. (52-wk H/L $249.31/157.48)

Cable television giant Comcast Corp. (CMCSA, CMCSK) is slated to report results for the third quarter. The earnings of the company are expected to grow to $0.71 per share from $0.65 per share reported a year earlier. Nevertheless, quarterly revenues are projected to increase to $16.82 billion from last year's $16.15 billion. The shares closed Wednesday at $51.49. (52-wk H/L $57.49/$46.58)

CMS Energy Corp. (CMS), Coca-Cola Enterprises Inc (CCE), JetBlue Airways Corp. (JBLU), KKR & Co. L.P. (KKR), Occidental Petroleum Corp. (OXY), PulteGroup, Inc. (PHM), Shaw Communications Inc. (SJR), Southwest Airlines Inc. (LUV), Under Armour Inc. (UA), Union Pacific Corp. (UNP), Altera Corp. (ALTR), Amazon.com Inc. (AMZN), BJ's Restaurants Inc. (BJRI), DeVry Inc (DV), Edwards Lifesciences Corp. (EW), Maxim Integrated Products Inc. (MXIM), NetGear Inc. (NTGR), NetSuite, Inc. (N), Swift Transportation Co Inc (SWFT) and Verisign Inc. (VRSN) are also scheduled to release their results.