Earnings season is in full swing with more reports due on Thursday. Johnson Controls Inc (NYSE:JCI), KeyCorp (NYSE:KEY), Microsoft Corporation (NASDAQ:MSFT), Morgan Stanley (NYSE:MS) and Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) are all expected to release their most recent quarterly earnings report.

Earnings Preview: JCI, KeyCorp, Microsoft, Morgan Stanley, Nokia

Johnson Controls Inc (JCI) Earnings Estimates

Consensus estimates from Zacks indicate that Johnson Controls Inc (NYSE:JCI) is expected to report earnings of 75 cents per share on revenue of approximately $11 billion. Analyst earnings estimates for the company haven’t changed much in the last 30 days, as only two analysts have changed their expectations. In the same quarter a year ago, Johnson Controls Inc (NYSE:JCI) came up just short of consensus for earnings. For the full year, analysts are expecting the company to report earnings of $2.61 per share.

Earlier this year it was revealed that the company might sell its automotive electronics business. At this point no such announcement has been made, however.

KeyCorp (KEY)

Consensus estimates for KeyCorp (NYSE:KEY) indicate that analysts are looking for second quarter earnings of 20 cents per share. Revenue is expected to be $1 billion. In the same quarter a year ago, the company did post a significant positive surprise in terms of earnings.

Microsoft Corporation (MSFT)

The next report from Microsoft Corporation (NASDAQ:MSFT) will be for its fourth fiscal quarter. Analysts are estimating that the tech giant will report earnings of 74 cents per share on revenue of $20.7 billion. In the same quarter a year ago, the company posted a positive earnings surprise. However, signs recently have pointed to slumping sales in some areas, specifically, the company’s Surface tablets.

For the full-year, Microsoft Corporation (NASDAQ:MSFT) is expected to report earnings of $2.74 per share on full-year revenue of $78.6 billion. According to Zacks, no analysts have revised their estimates for Microsoft’s June quarter upward in the last 60 days. However, eight of them did revise their estimates downward in that time frame.

Morgan Stanley (MS)

For the second quarter of the year, analysts are expecting Morgan Stanley (NYSE:MS) to report earnings per share of 44 cents on revenue of $7.9 billion. Many analysts surveyed by Zacks have revised downward their estimates for the financial firm, although thus far, financial firms have been doing better than expected in the current earnings season.

In the second quarter of last year, Morgan Stanley (NYSE:MS) posted a negative surprise against analyst estimates for earnings.

Nokia Corporation (NOK)

Nokia has been struggling over the last couple of years, and analysts are expecting to see more of the same when the company reports its results. Analysts are looking for losses of 3 cents per share on revenue of €6.4 billion. In the same quarter a year ago, Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) posted a positive surprise. According to Zacks, none of the analysts they surveyed made any changes to their earnings estimates for Nokia in the last 60 days.

The Finnish handset maker just unveiled the latest edition to its Windows Phone Lumia line. The long-rumored Lumia 1020 features the best camera which exists on any smartphone thus far. Also there are other small signs that Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s handsets have come a long way over the last year. This week it was revealed that the Lumia 520 is the most popular Windows Phone.