Earnings Watch For October 23 (BA, BMY, CAT, WLP, AKAM, T)

(RTTNews) - Defense and aerospace giant Boeing Co. (BA) is scheduled to post its third quarter results before the markets open. The earnings of the company are expected to rise to $1.55 per share from $1.35 per share reported a year earlier, while quarterly revenues are anticipated to increase to $21.68 billion from last year's $20.01 billion. The shares of BA closed Tuesday's trade at $122.48. (52-wk H/L $123.80/$69.30)

Biopharmaceutical firm Bristol-Myers Squibb Co. (BMY) is expected to report third quarter results before the start of trading. The New York-based drug maker is expected to post earnings of $0.44 per share, higher than the year-ago quarter's $0.41 per share. The company is also expected to generate revenues of $4.02 billion, up from $3.74 billion in the prior-year quarter. The company's shares closed Tuesday's session at $49.73. (52-wk H/L $49.92/$30.64)

Earth-moving equipment maker Caterpillar Inc. (CAT) is slated to report third quarter results. The earnings of the company are expected to decline to $1.67 per share from the year-ago quarter's $2.54 per share. The company is anticipated to report revenues of $14.32 billion, down from $16.44 billion in the prior-year quarter. The stock closed Tuesday at $89.17. (52-wk H/L $99.70/$79.49)

Health insurer WellPoint Inc. (WLP) is due to post its third quarter results. The earnings and revenue for the quarter are expected to be $1.82 per share and $17.62 billion, respectively. In the previous year, the company posted earnings of $2.09 per share on revenues of $15.13 billion. On the NYSE, WLP closed Tuesday's trade at $88.43. (52-wk H/L $90.00/$53.69)

Cloud platform Akamai Technologies, Inc. (AKAM) will post its third quarter results after the close of trading. The company is expected to post a profit of $0.46 per share, an increase from $0.39 per share last year. Quarterly revenues are projected at $387.54 million, compared to $345.32 million last year. The shares closed Tuesday at $53.39. (52-wk H/L $53.61/$32.63)

Telecommunications giant AT&T, Inc. (T), which recently agreed to lease, sell wireless towers to Crown Castle, will report its third quarter results after the markets close. The Dallas, Texas-based company's earnings are expected to rise to $0.65 per share from $0.63 per share reported a year earlier. The telecommunications giant is anticipated to report revenues at $32.19 billion, higher than $31.46 billion reported a year earlier. The stock closed Tuesday at $35.23. (52-wk H/L $39.00/$32.71)

American Electric Power Co Inc (AEP), General Dynamics Corp. (GD), US Airways Group (LCC), Tupperware Brands Corp. (TUP), Northrop Grumman Corp. (NOC), E*Trade Financial Corp. (ETFC), F5 Networks Inc. (FFIV), Knight Transportation Inc. (KNX), O'Reilly Automotive Inc. (ORLY), Swift Transportation Co Inc (SWFT), Symantec Corporation (SYMC) and TripAdvisor, Inc. (TRIP) are also due to report their results.