Earnings Watch For February 12 (DE, AMAT, CBS, CSCO, MET, NVDA)

(RTTNews) - Farm & construction machinery maker Deere & Co. (DE) is expected to report first quarter results before the market opens. The company is expected to earn $1.53 per share, lower than the prior year's $1.65 per share. Further, revenues are anticipated at $6.62 billion, down from the $6.79 billion reported a year ago. The shares closed Tuesday at $87.46. (52-wk H/L $94.01/$79.50)

Semiconductor equipment maker Applied Materials Inc. (AMAT) is slated to report first quarter results after the markets close. The earnings of the Santa Clara, California-based company are expected to surge to $0.22 per share from $0.06 per share reported a year earlier. Also, quarterly revenues are anticipated to grow to $2.13 billion from last year's $1.57 billion. The company's shares closed Tuesday's session at $17.78. (52-wk H/L $18.18/$12.65)

Cisco Systems, Inc. (CSCO) is scheduled to report second quarter results after the markets close. The world's largest computer networking gear maker is expected to post earnings of $0.46 per share, lower than the year-ago quarter's $0.51 per share. Also, the company is anticipated to generate revenues of $11.03 billion, down from $12.10 billion reported a year earlier. CSCO closed Tuesday's regular trade at $22.71. (52-wk H/L $26.49/$19.98)

New York-based MetLife, Inc. (MET) is expected to report results for the fourth quarter. The earnings of the US life insurer are expected to rise to $1.30 per share from the prior year's $1.25 per share while revenues are projected at $17.43 billion, an increase from last year's $17.33 billion. The shares closed Tuesday at $49.76. (52-wk H/L $54.70/$33.89)

Graphics chipmaker NVIDIA Corp. (NVDA) will report its fourth quarter results. The company is expected to earn $0.18 per share, a decrease from the previous year's $0.28 per share. Further, revenues are anticipated to decline to $1.05 billion from $1.11 billion generated a year ago. The company's shares closed Tuesday's session at $16.25. (52-wk H/L $16.44/$12.04)

Media company CBS Corp. (CBS) is due to post its fourth quarter results. Last year, the New York-based company reported a profit of $0.64 per share on revenues of $3.70 billion. On the NYSE, the shares closed Tuesday trade at $60.90. (52-wk H/L $64.06/$42.05)

Hospira Inc (HSP), Dr. Pepper Snapple Group, Inc. (DPS), Wellcare Health Plans Inc (WCG), Avis Budget Group Inc. (CAR), Cheesecake Factory Inc (CAKE), Ctrip.com International Ltd. (CTRP), DDR Corp. (DDR), Fidelity National Financial Inc (FNF), NetApp Inc. (NTAP), Netease Inc. (NTES), SunPower Corp (SPWR, SPWRB, SPWRA) and Whole Foods Market Inc (WFM, WFMI) are also due to report their results today.