Earnings Watch For July 18 (BK, GE, HON, IPG, JCI)

(RTTNews) - Diversified conglomerate General Electric Co. (GE) is expected to report second quarter results before the markets open. The Fairfield, Connecticut-based company is expected to report earnings of $0.39 per share, higher than the prior year's $0.36 per share. Further, the company is anticipated to generate revenues of $36.30 billion, an increase from $35.12 billion reported a year ago. The shares of GE closed Thursday's trade at $26.61. (52-wk H/L $28.09/$22.92)

The Bank of New York Mellon Corp., or BNY Mellon (BK) is slated to report second quarter results before the start of trading. The bank is expected to post earnings of $0.56 per share, lower than the year-ago quarter's $0.62 per share. Revenues are anticipated to decrease to $3.77 billion from $3.79 billion in the prior-year quarter. The company's shares closed Thursday's session at $38.00. (52-wk H/L $38.48/$29.52)

Diversified manufacturing company Honeywell International, Inc. (HON) is due to report its second quarter results. The earnings of the company are expected to grow to $1.36 per share from the year-ago quarter's $1.28 per share. The Morris Township, New Jersey-based company is expected to generate revenues of $10.19 billion, up from $9.69 billion in the prior-year quarter. The company's shares closed Thursday's session at $95.17. (52-wk H/L $96.76/$78.88)

Interpublic Group of Companies, Inc. (IPG), a provider of advertising and marketing services, is scheduled to report its second quarter results. The earnings for the quarter are expected to rise to $0.25 per share from $0.18 per share reported a year ago and revenues are anticipated at $1.84 billion, an increase from the last year's $1.76 billion. On the NYSE, the shares closed Thursday at $19.03. (52-wk H/L $19.77/$15.17)

Auto parts supplier Johnson Controls, Inc. (JCI) will report its second quarter results. The Milwaukee, Wisconsin-based company is expected to climb to $0.83 per share, from $0.78 per share reported a year earlier. Also, revenues are projected at $10.84 billion, up slightly from the prior year's $10.83 billion. The stock closed Thursday at $49.88. (52-wk H/L $52.50/$39.13).

Laboratory Corp. of America Holdings (LH) and V.F. Corp. (VFC) are also due to release their results.