Wednesday brings us more quarterly earnings reports. Owens-Illinois Inc (NYSE:OI), QUALCOMM, Inc. (NASDAQ:QCOM), Visa Inc (NYSE:V), Western Digital Corp (NASDAQ:WDC) and Tripadvisor Inc (NASDAQ:TRIP) are all scheduled to release their latest quarterly reports.

Earnings

Earnings Preview

Owens-Illinois Inc (OI)

Analysts are expecting Owens-Illinois Inc (NYSE:OI) to report earnings per share of 79 cents on $1.8 billion in revenue for the second quarter of the year. Full-year earnings are expected to be $2.79 per share on full-year revenue of $7.1 billion.

The company came out slightly ahead of consensus in four of the last five quarters, including the second quarter of last year. According to Zacks, analyst estimates for Owens-Illinois Inc (NYSE:OI) have remained at 79 cents per share for the last 90 days.

QUALCOMM, Inc. (QCOM)

Consensus estimates for QUALCOMM, Inc. (NASDAQ:QCOM) indicate expectations that the company will announce between 91 cents and $1.03 per share in earnings on revenue of $6.05 billion. Full-year earnings are expected to be $4.52 on full-year revenue of $24.4 billion.

The company has had mixed results over the last five quarters. It barely missed expectations during the same quarter last year. Research from Zacks indicates that analyst estimates have remained at 91 cents per share for the quarter for the last 90 days.

Visa Inc (V)

Analysts are expecting Visa Inc (NYSE:V) to report $1.79 per share in earnings on $2.89 billion in revenue for the company’s third fiscal quarter. Full-year earnings are expected to be $7.50 per share on full-year revenue of $11.7 billion.

Visa Inc (NYSE:V) came out just ahead of consensus in each of the last five quarters. According to Zacks, expectations for the earnings report due today have risen two cents over the last 90 days.

Western Digital Corp (WDC)

It’s expected that Western Digital Corp (NASDAQ:WDC) will report $1.79 per share in earnings on revenue of $3.6 billion for the company’s fourth fiscal quarter. Full-year earnings per share are expected to be $8.34 on full-year revenue of $15.2 billion.

Six of the company’s last seven earnings reports have been positive surprises, and shares of Western Digital Corp (NASDAQ:WDC) have risen steadily as a result over the last couple of years. Research from Zacks indicates that analyst estimates for the company have remained at $1.79 per share over the last 60 days.

Last month the company announced it would acquire STEC Inc (NASDAQ:STEC) with the transaction completing in the third or fourth quarter of this year.

Tripadvisor Inc (TRIP)

Analysts are expecting Tripadvisor Inc (NASDAQ:TRIP) to report second quarter earnings of 41 to 49 cents per share on revenue of $236.57 million in revenue. Full-year earnings are expected to be $1.71 per share on full-year revenue of $936 million.

The company has surprised to the positive in each of the last five quarters. Estimates from Zacks, which are on the low end for Tripadvisor Inc (NASDAQ:TRIP), have fallen from 43 cents 90 days ago to 41 cents today.