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The Week in Preview: Expectations for Oracle, Nike, Interest Rates

earnings expectationsAmong the coming week's most prominent quarterly reports are those from Oracle Corp. (ORCL), Bed Bath & Beyond Inc. (BBBY) and Nike Corp. (NKE). Analysts surveyed by Thomson Reuters are looking for healthy year-over-year earnings and revenue growth from each of them.

Analysts on average expect enterprise software giant Oracle to report that its fiscal fourth-quarter earnings rose 14.8% from a year ago to $0.54 per share. Revenue for the three months that ended in May is expected to have risen about 38.1% in the past year to $9.5 billion. Oracle's per-share earnings have not fallen short of consensus estimates in the past five quarters. The First Call recommendation of 37 analysts is to buy ORCL and has been for more than 90 days. Shares have retreated recently from the 52-week high of $26.63 and closed the week at $23.20.

Continue reading The Week in Preview: Expectations for Oracle, Nike, Interest Rates

The Week in Preview: A Quiet Start to the Cruelest Month

The so-called cruelest month has begun. And this coming week's economic calendar for the U.S. starts off with the ISM nonmanufacturer's survey results for April and NAR's pending home sales for February on Monday morning. This glimpse at the service and housing sectors will be followed by March's consumer credit numbers Monday afternoon. Then things are pretty quiet until Friday's release of factory orders and wholesale trade numbers for February.

Between the Monday and Friday economic numbers will come the release on Tuesday of the minutes of the March 16 FOMC meeting, a record of the Fed's most recent thinking on monetary policy.

Continue reading The Week in Preview: A Quiet Start to the Cruelest Month

AMR Finds New Way to Nickel and Dime You

American Airlines (AMR) has become about as low-rent as one could imagine. I can stomach paying to check bags and for snacks. To me, it makes sense, as they provide important revenue streams and strike me as products and services for which it's possible to charge with little disruption to the passenger experience.

But, as of May 1, 2010, the airline will be charging $8 for a blanket and inflatable neck pillow on flights lasting more than two hours – including flights to Hawaii, Canada, Mexico, the Caribbean and Central America. But, for your trouble, American will toss in a $10 coupon towards a purchase of more than $30 from Bed Bath & Beyond (BBBY).

Of course, on flights lasting less than two hours, American's policy is BYO. If you want to stay warm, cram your own blanket into your carry-on.

Continue reading AMR Finds New Way to Nickel and Dime You

Earnings Highlights: Bed Bath & Beyond, Constellation Brands, Family Dollar, Lennar, Sonic ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Ark Restaurants Corp. (ARKR) shares declined after Q4 earnings fell short of consensus expectations.
  • Azz Inc. (AZZ) Q3 net income fell more than expected but the company reaffirmed its earnings outlook.
  • Bed Bath & Beyond Inc. (BBBY) reported strong Q3 results, sending shares to a new 52-week high.
  • Best Buy Inc. (BBY) declined to lift its earnings forecast despite strong December sales, send shares lower.
  • Constellation Brands Inc. (STZ) lower Q3 earnings topped expectations and revenue declined as well.

Continue reading Earnings Highlights: Bed Bath & Beyond, Constellation Brands, Family Dollar, Lennar, Sonic ...

Earnings highlights: AutoZone, Carnival, CarMax, ConAgra, General Mills, RIM ...

Here are some highlights from last week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: AutoZone, Carnival, CarMax, ConAgra, General Mills, RIM ...

The week in preview: Eye on AutoZone, ConAgra, KB Home, Research In Motion ...

Much of the focus this week will no doubt be on the FOMC meeting on interest rates and the subsequent decision, as well as on the G-20 meeting in Pittsburgh, were the agenda will include bonuses for bank executives among other things.

Things will be fairly quiet again on the earnings front as the next earnings season has yet to ramp up. However, analysts surveyed by Thomson Reuters do have high hopes for a handful of companies that will release results this week.

Continue reading The week in preview: Eye on AutoZone, ConAgra, KB Home, Research In Motion ...

Earnings highlights: Nike, Oracle, Kroger, Walgreen, Monsanto, KB Home ...

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Nike, Oracle, Kroger, Walgreen, Monsanto, KB Home ...

The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...

This week brings a small flurry of end-of-the-calendar-quarter earnings reports. And for the most part, the expectations of the analysts surveyed by Thomson Reuters aren't very high. Companies expected to report declining earnings in the most recently concluded quarter include America's Car-Mart Inc. (NASDAQ: CRMT), Bed Bath & Beyond Inc. (NASDAQ: BBBY), ConAgra Foods Inc. (NYSE: CAG), Jabil Circuit Inc. (NYSE: JBL), Jackson Hewitt Tax Service Inc. (NYSE: JTX), Monsanto Co. (NYSE: MON), and Sonic Corp. (NASDAQ: SONC).

Continue reading The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...

Earnings highlights: Intel, Walmart, Chevron, Family Dollar, Monsanto and others

Here are some highlights from this past week's earnings coverage from BloggingStocks:

For more earnings highlights, see Time Warner, Satyam, Google, KB Home, Mosaic and others

Upcoming earnings releases include Alcoa Inc. (NYSE: AA), Infosys (NASDAQ: INFY), Linear Technologies (NASDAQ: LLTC) , Xilinx (NASDAQ: XLNX), Genentech (NYSE: DNA), Intel (NASDAQ: INTC), Marshall & Ilsley (NYSE: MI), Sealy (NYSE: ZZ), Johnson Controls (NYSE: JCI).

Visit AOL Money & Finance for more earnings coverage.

The week in preview: Family Dollar, Bed Bath & Beyond, KB Home, and others

After the turn of the calendar page, quarterly reporting resumes this week. Analysts surveyed by Thomson Reuters are expecting to see strong earnings growth from fertilizer producer Mosaic Co. (NYSE: MOS), biotech giant Monsanto Co. (NYSE: MON), and Neogen Corp. (NASDAQ: NEOG), which produces food safety and animal health products. Mosaic's estimated earnings per share of $1.43 for the fiscal second quarter would be 41.9% higher than a year ago, and its revenue estimate of $3.0 billion is 36.7% higher. Monsanto's $0.59 per share projection for the fiscal first quarter is 22.0% higher and sales of $2.4 billion are up 14.9%. And Neogen's second-quarter $0.25 per share would be 12.0% higher, while its sales of $32.3 million are up 18.6%. All three have tended to beat expectations in recent quarters, and all three have buy recommendations from a consensus of analysts. Mosaic and Monsanto have recently announced dividends, and their share prices have fallen 62.3% and 39.0%, respectively, from a year ago. The share price of Neogen, which recently announced share buybacks, is only 0.8% lower.

Other companies expected to post modest earnings gains when they report this week include education company Apollo Group Inc. (NASDAQ: APOL), WD-40 Co. (NASDAQ: WDFC), and wine and spirits maker Constellation Brands Inc. (NYSE: STZ).

Continue reading The week in preview: Family Dollar, Bed Bath & Beyond, KB Home, and others

Earnings highlights: Nike, Research in Motion, Lennar, GE and others

The quarter is winding down, and here are some highlights from this past week's earnings coverage from BloggingStocks:

Also, are analysts' expectations for the the coming year too optimistic?

Upcoming quarterly reports include Circuit City (NYSE: CC), Walgreen (NYSE: WAG), Pepsi Bottling Group (NYSE: PBG), Constellation Brands (NYSE: STZ), Marriott International (NYSE: MAR), Family Dollar Stores (NYSE: FDO).

Visit AOL Money & Finance for more earnings coverage.

Bed Bath & Beyond -- a downer of a quarter

Ever read an earnings report and say to yourself, "man, there's just nothing going on here?" I did exactly that Wednesday with Bed Bath & Beyond (NASDAQ: BBBY) and its second-quarter report.

To be fair, something is going on with the retailer. Earnings per diluted share decreased 16% to 46 cents. And net cash from operating activities took a big 40% dive, coming in at $168 million. So, yes, something is going on, it just isn't anything good.

And if you think those stats are bad, consider that same-store sales for the quarter went down by 0.1%. Okay, is it really fair to point out that comps declined by 0.1%? Shouldn't I have just said "flat" instead? I mean, it's almost like rubbing the depressing results in the face of management by literally writing the exact percentage that comps declined at when said percentage is so unequivocally small. Hey, maybe management needs a reminder that, in the year-ago quarter, comps were actually up to the tune of 2.2%. What happened?

Well, I will cut some slack here since we are in the grips of an economic mess and I certainly would assume that all the problems in the housing industry are taking their noxious toll on the retailer. I'm not sure consumers are in the mood to buy a lot of bathroom accessories while Congress is trying to figure out how to keep the financial matrix from imploding.

Continue reading Bed Bath & Beyond -- a downer of a quarter

The week in preview: A bottom for the housing sector?

Earnings reports continue to dribble in as the quarter winds down. Much of the attention this week will be on homebuilders KB Home (NYSE: KBH) and Lennar Corp. (NYSE: LEN) as investors look for any sign that the housing sector has bottomed (home sales numbers are also due out this week; see below). Analysts surveyed by Thomson Financial anticipate that both companies will report that they narrowed their losses in the most recent quarter.

KB Home's expected $1.25 per share loss, on revenue of $725.5 million, compares to the previous quarter loss of $3.30 and to a year-ago loss of $6.19. However, KB Home's losses in the past few quarters have been deeper than expected. The Los Angeles-based homebuilder's long-range earnings growth forecast is 10.5%, less than the S&P 500. Analysts continue to recommend holding KB Home, and have for at least 120 days. Shares, however, reached a new 52-week high of $31.69 on Friday, and they are up 10.5% year to date.

Lennar is expected to post a loss of 52 cents per share, on revenue of $1.1 billion. That compares to the previous quarter's per-share loss of 76 cents and to a year-ago loss of $3.25. While Lennar also has tended in the past few quarters to miss expectations, the Miami-based company managed a positive surprise in the first quarter of 2008. Lennar's long-range earnings growth forecast is 10.3%, about the same as KB Home's. Analysts also recommend holding Lennar. Friday, shares of Lennar also reached a 52-week high, $27.75, but they are down 6.4% year to date.

Continue reading The week in preview: A bottom for the housing sector?

Earnings highlights: RIM, Oracle, KB Home, Nike, Kroger, Walgreen and others

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: RIM, Oracle, KB Home, Nike, Kroger, Walgreen and others

More Wednesday earnings: Nike, CKE, Red Hat, General Mills, Bed Bath & Beyond

Here's a quick recap of some additional earnings reports on Wednesday.

Beaverton, Ore.-based Nike Inc. (NYSE: NKE) said strong growth overseas helped boost its fourth-quarter profit by 12% to $490.5 million, or 98 cents per share. Analysts polled by Thomson Financial expected the company to earn 96 cents per share for the quarter. Shares fell more than 5% in after-hours trading to $62.15.

CKE Restaurants Inc. (NYSE: CKR) said its first-quarter profit climbed 8% to $16.6 million, or 31 cents per share, helped by a small increase in same-store sales at Carl's Jr. restaurants. Revenue fell 3% to $466.2 million. Analysts polled by Thomson Financial expected profit of 27 cents per share on revenue of $465.5 million. Shares fell 5 cents to $12.25 in after-hours trading.

Red Hat Inc. (NYSE: RHT) said its fiscal first-quarter profit rose 6.6% to $17.3 million, or 8 cents per share. Adjusted earnings were 18 cents per share. Revenue rose 32% to $156.6 million. Analysts polled by Thomson Financial on average predicted a profit of 18 cents per share on revenue of $153 million. Shares fell 19 cents in after-hours trading to $22.11.

General Mills Inc. (NYSE: GIS) said its fourth-quarter profit dropped 17% to $185.2 million, or 53 cents per share. Adjusted earnings were 73 cents per share, which met Wall Street expectations. Sales increased 13% to $3.47 billion beating expectations. The company reaffirmed its guidance for the full year. Shares fell almost 2% to $61.19.

Continue reading More Wednesday earnings: Nike, CKE, Red Hat, General Mills, Bed Bath & Beyond

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Last updated: February 12, 2012: 07:40 AM

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