Earnings Watch For January 23 (MCD, DFS, ETFC, JNPR, MSFT, SBUX)

(RTTNews) - Hamburger chain McDonald's Corp. (MCD) is scheduled to report fourth quarter results before the markets open. The Oak Brook, Illinois-based company is expected to post earnings of $1.39 per share, a marginal increase from $1.38 per share reported last year. Also, the company is anticipated to generate revenues of $7.11 billion, up from $6.95 billion generated a year ago. The company's shares closed Wednesday's regular trading at $94.88. (52-wk H/L $103.70/$93.02)

Software giant Microsoft Corp. (MSFT) is due to post its second quarter results after the markets close. The Redmond, Washington-based company's earnings are expected to be at $0.68 per share, a decline from the $0.76 per share reported last year, whereas revenues are anticipated to rise to $23.68 billion from the prior year's $21.46 billion. The company's shares closed Wednesday's session at $35.93. (52-wk H/L $38.98/$27.10)

Computer networking gear maker Juniper Networks Inc. (JNPR) is expected to report fourth quarter results. Earnings and revenue for the quarter are anticipated at $0.37 per share and $1.22 billion respectively. In the year-ago period, the company earned $0.28 per share on revenues of $1.14 billion. The company's shares closed Wednesday's session at $26.18. (52-wk H/L $26.52/$15.62)

Financial services company Discover Financial Services (DFS) will post its fourth quarter results after the close of trading. The company is expected to post a profit of $1.18 per share, an increase from $1.07 per share last year on revenues of $2.11 billion. The shares closed Wednesday at $53.66. (52-wk H/L $56.20/$37.24)

Coffee retailer Starbucks Corp. (SBUX) is scheduled to post its first-quarter results after the markets close. The Seattle, Washington-based company is expected to report earnings of $0.69 per share, higher than the prior year's $0.57 per share. Revenues are projected to grow to $4.28 billion from $3.80 billion a year earlier. The stock closed Wednesday's regular trading at $73.60. (52-wk H/L $82.50/$52.52)

Online brokerage E*Trade Financial Corp. (ETFC) is slated to report fourth quarter results. The earnings of the company are expected at $0.19 per share, compared to a loss of $0.65 per share last year. Further, the company is anticipated to report revenues of $425.81 million, down from $467.66 million in the prior-year quarter. The stock closed Wednesday at $21.51. (52-wk H/L $21.59/$9.52)

Alaska Air Group (ALK), AmerisourceBergen (ABC), Cypress Semiconductor (CY), Fairchild Semiconductor (FCS), Fifth Third Bancorp (FITB), JB Hunt Transport Services (JBHT), Johnson Controls (JCI), KeyCorp (KEY), Lockheed Martin (LMT), MGIC Investment Corp. (MTG), Nokia Corp. (NOK), Southwest Airlines (LUV), TravelZoo (TZOO), Union Pacific (UNP), United Continental Holdings (UAL), Altera Corp. (ALTR), International Game Technology (IGT), KLA-Tencor (KLAC) and Maxim Integrated Products (MXIM) are also due to report their results.