With earnings report rolling out one after another, there's hardly time to pause to enjoy a burger and a beer. Among companies reporting next week are Burger King Holdings Inc. (NYSE: BKC) and Molson Coors Brewing Co. (NYSE: TAP), and here are a quickie earnings previews for them.
Burger King has beat Wall Street earnings estimates for the past four quarters. When it reported fourth quarter 2007 results back in August, earnings were 29 cents per share, beating Wall Street estimates by two cents, and 11cents more than in the same period of the previous year. For the full year, earnings were $1.11 per share, again beating expectations by a pair of pennies. For the current quarter, analysts surveyed by Thomson Financial are expecting 33 cents per share.
The most recent analysts' consensus recommendation is to buy BKC, and has been for the past year. The share price has been climbing since the slump after excitement of the IPO wore off, and it reached a 52-week high of $27.73 at the close on Friday.
For news about Burger King and its rivals that could influence Burger King's results, check out BloggingStocks' Burger King coverage.
Molson's five-year earnings per share growth of 12.28 percent is better than rival Anheuser-Busch Cos. (NYSE: BUD), but not as good as Boston Beer Co. Inc. (NYSE: SAM). Molson has beat Wall Street earnings expectations for the past four quarters. In its second quarter report back in July, Molson's 97 cents per share easily beat analysts' estimates of 86 cents. Analysts surveyed by Thomson Financial expect 92 cents per share this quarter, up from 62 cents in the same period last year.
The consensus recommendation from the analysts is to hold Molson, and has been since the beginning of the year. Molson's share price climbed to an all-time high of $57.70 on Halloween, and closed Friday at $55.71.
For more on Molson Coors and its rivals, check out the coverage at BloggingStocks.
Burger King is scheduled to report earnings on Monday; Molson Coors on Tuesday.










