Among the shares expected to see active trade in Tuesday’s session are those of J.P. Morgan Chase & Co., Wells Fargo & Co. and Yum Brands Inc.
J.P. Morgan JPM, +1.55% is projected to report second-quarter earnings of $1.44 a share, according to a consensus survey by FactSet. The financial firm earned $1.46 a share a year earlier.
Wells Fargo WFC, +1.18% is forecast to post second-quarter earnings of $1.03 a share, up from $1.01 a share a year earlier.
Yum Brands YUM, +0.28% is expected to post second-quarter earnings of 64 cents a share, down from 73 cents a share in the same period a year before.
Johnson & Johnson JNJ, +0.74% is seen likely to report second-quarter earnings of $1.68 a share, up from $1.66 a share a year earlier.
CSX Corp. CSX, -0.72% is expected to post second-quarter earnings of 53 cents a share, unchanged from the year-earlier period.
After Monday’s close, Navient Corp. NAVI, -0.05% projected quarterly earnings below analysts’ consensus estimate and cut its outlook for the year. The student-loan management and servicing company forecast core earnings of 40 cents a share for the second quarter, and $1.85 a share for the year. Analysts surveyed by FactSet had expected 55 cents a share for the quarter, and $2.19 a share for the year.
Valero Energy Corp. VLO, +1.55% said Monday its board had approved an additional $2.5 billion stock-buyback program. It will also pay its regular dividend of 40 cents a share to shareholders of record as of Aug. 4.
Source: Market Watch