Home » Financial News, Today's Hot News » Dow Components Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) Lifts U.S. Stocks

Dow Components Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) Lifts U.S. Stocks

On Friday, the U.S. stock futures index indicated higher on the first day of the month, as the investors’ attention focused on the Labor department’s monthly jobs report which released on early morning.

According to the economists polled by Reuters,anticipates non-farm payrolls surged by 155,000 in January, a recurrence of December’s gain. The unemployment rate is seen remaining at 7.8%.

The investors’ continuous focus on the earnings news, the two biggest oil firm will announce 4Q results on Friday before the U.S. market opens.

The Dow component Chevron Corporation (NYSE:CVX) will declare Q4 earnings of $3.12 on revenue of $68.6B, against earnings of $2.58 on revenue of $60B a year before, according to the analysts polled by Reuters.

In the meantime, analysts polled by Reuters estimates Exxon Mobil Corporation (NYSE:XOM)will announce earnings of $1.95 on revenue of $115B, decreases on earnings of $1.97 on revenue of $122 a year before.

While Mattel, Inc. (NASDAQ:MAT)announced fourth-quarter net profit of $306.5M, or 87 cents per share, dropped from $370.6M, or $1.07 per share, generated in the final quarter of 2011. Quarterly sales hit about $2.26B from the earlier year’s $2.15B, surged 5%.

Lear Corporation (NYSE:LEA)is expected to earn $1.37 per share in the Q4.

Lyondell Basell Industries NV (NYSE:LYB)is aims to declares Q4 earnings of $1.13 per share.

Perrigo Company (NASDAQ:PRGO)is plans to report earnings of $1.31 per share in the fiscal Q2.

Meanwhile, Pharmaceutical giant Merck & Co., Inc. (NYSE:MRK) will also declares earnings on Friday. Analysts surveyed by Reuters anticipates the Dow component will declares earnings of 46 cents on revenue of $11.5B, down on earnings of 49 cents and revenue of $12.3B a year ago.

Other major firm declares before the start of trade on Friday include BT Group plc (ADR) (NYSE:BT).

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