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Google and Chipotle Report; IBM Sinks on Earnings; AmEx and eBay Beat

Dan Berman
Hot Stock Minute
Google and Chipotle Report; IBM Sinks on Earnings; AmEx and eBay Beat

Google (GOOG) reports after today's closing bell. The company is expected to post profits of $10.35 a share, up more than 10% from a year ago on revenue that's risen to nearly $15-billion. Key will be revenue from search advertising. Here in the U.S. Google's share of the market was nearly 70% in September. But analysts say another thing to watch will be sales of the Moto-X smart phone. Shares of Google go into today's regular session up 24% year-to-date.

Next, we have three giants which reported after yesterday's closing bell including Dow component IBM (IBM) which is down more than 7% on its earnings. The company beat on the bottom line making adjusted earnings of $3.99 a share, 3-cents better than estimates. Revenue, however, was more than $1-billion short. Even ahead of this morning's losses, shares of IBM have been down 5% year-to-date.

We've also got another Dow component, American Express (AXP), which reported after yesterday's closing bell, and is now up more than 1%. Amex beat on earnings posting profits of $1.25 a share, a nickel better than estimates. Revenue also topped expectations at $8.3-billion compared to $8.19-billion.

Also reporting yesterday afternoon was eBay (EBAY) which is now down more than 5%. eBay posted earnings of 64-cents a share, which was a penny better than estimates, but if fell slightly short of the consensus on revenues with sales of $3.89-billion versus $3.91-billion. As we showed you yesterday, eBay's year-to-date chart looks pretty jagged, but the stock price is essentially unchanged since the start of the year.

Chipotle (CMG) reports after the closing bell. Shares hit an all-time high on Monday topping $447 a piece, and are currently up 46% year-to-date. The stock's latest climb came after an upgrade from Janney Capital. It moved Chipotle to a buy citing the company's sales outlook and the possibility of moving into breakfast offerings. Chipotle's sales are expected to rise 17% to $820-million. Earnings are estimated to be $2.78 a share.

Las Vegas Sands (LVS) has seemed like a sure bet lately hitting multi-year highs. It also reports after today's close. Shares of the Sands are up 43% so far this year, and even briefly topped $70 this week. Here's why: earning are expected to jump to 75-cents a share from 46-cents last year. Revenues have likely climbed almost 30% to $3.47-billion dollars. This is largely on the company's expansion in Macau.