Earnings Watch For July 17 (GOOG, IBM, COF, STX, MAT, MS)

(RTTNews) - Search engine giant Google, Inc. (GOOG, GOOGL), which recently appointed former Ford Motor Co. (F) Chief Executive Officer Alan Mulally to its Board, is scheduled to report second quarter results. For the quarter, the Mountain View, California-based company's earnings are expected to grow to $6.24 per share from the $4.78 per share reported a year earlier and quarterly revenues are anticipated at $15.62 billion, higher than the prior year's $14.10 billion. On the Nasdaq, GOOGL closed Wednesday's trade at $590.62. (52-wk H/L 615.05/$421.91)

Credit card lender Capital One Financial Corp (COF) is due to report its second quarter results after the markets close. The earnings of the company are expected to fall to $1.82 per share from $1.87 per share last year. Revenues are projected to decline to $5.43 billion from the $5.64 billion reported a year ago. The stock closed Wednesday's regular trading at $84.38. (52-wk H/L $85.39/$63.65)

Investment bank Morgan Stanley (MS) is slated to report second quarter results before the market opens. The company is expected to post earnings of $0.55 per share, higher than the last year's $0.45 per share. However, revenues are anticipated to decline to $8.19 billion from $8.33 billion reported a year earlier. The shares closed Wednesday at $32.50. (52-wk H/L $33.52/$25.25)

Seagate Technology (STX), a manufacturer of hard disk drives, is expected to report fourth quarter results. The Dublin, Ireland-based company is expected to post earnings of $1.10 per share, lower than the $1.20 per share reported a year ago, and revenues are anticipated to decrease to $3.33 billion from the prior year's $3.42 billion. The shares closed Wednesday at $61.31. (52-wk H/L $62.76/$37.17)

Information technology giant International Business Machines Corp. (IBM),which recently announced an exclusive partnership with Apple (AAPL) to transform enterprise mobility, will post its second quarter results after the close of trading. The earnings of the Armonk, New York-based company are expected to rise to $4.29 per share from the previous year's $3.22 per share whereas revenues are estimated at $24.13 billion, down from $24.92 billion a year ago. The stock closed Wednesday's regular trading at $192.36. (52-wk H/L $200.94/$172.19)

Toy maker Mattel, Inc. (MAT) is due to post its fourth-quarter results before the opening bell. The company is expected to record earnings of $0.18 per share, a decrease from the $0.21 per share reported last year, whereas revenues are projected to increase to $1.19 billion from the prior year's $1.17 billion. The shares of the company closed Wednesday's trade at $39.03. (52-wk H/L $47.94/$34.98)

Blackstone Group L.P. (BX), Baxter International Inc. (BAX), KeyCorp. (KEY), M&T Bank Corp (MTB), Philip Morris International Inc. (PM), UnitedHealth Group Inc (UNH), W.W. Grainger, Inc. (GWW), Advanced Micro Devices Inc. (AMD) and Schlumberger Ltd (SLB) are also scheduled to report their results.