Earnings preview posts
FeedPosted Nov 11th 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Forecasts, General Electric (GE), Walt Disney (DIS), Viacom (VIA), CBS Corp 'B' (CBS), News Corp'B' (NWS), Marvel Entertainment (MVL)
Disney (DIS), a media business that competes with Viacom (VIA), CBS (CBS), News Corp. (NWS), and General Electric's (GE) NBC Universal, will be talking up its fourth-quarter numbers on Thursday after the bell. Are you a shareholder? If so, are you excited? Well, don't get too excited, because we might not be getting any growth, even if the Mouse beats on the bottom line. According to Earnings.com, the call is for 40 cents per share versus the 43 cents per share made in the comparable period.
You know what, though? For the most part, I'm not so concerned with exactly how much Disney makes this quarter. I'm a shareholder, and I want to see management at least come in at the estimate, of course, but I'll be more interested in the conference call. Way more interested this time around, in fact.
Continue reading Disney to report earnings Thursday: Should investors be excited?
Posted Nov 4th 2009 4:30PM by Mark Fightmaster (RSS feed)
Filed under: Starbucks (SBUX)

On Thursday afternoon, coffee king
Starbucks (NASDAQ:
SBUX) will report third-quarter earnings. Currently, expectations call for a profit of
21 cents per share on revenue of $2.39 billion. A year ago, SBUX earned a penny per share in the third quarter, with revenue checking in at $2.52 billion. Fundamentally, SBUX has undertaken a number of cost-cutting measures included closing stores and cutting the prices on some of the company's easier-made beverages (this move was countered by raising the prices on some of SBUX's "more complicated beverages"). Worker layoffs have also had an impact on the company's bottom line. As for good news, SBUX announced that is going to keep 27 stores open that it had originally targeted for closing. This move was made after the firm reviewed its finances. I have long criticized SBUX for its spend-happy ways, but it seems that the company is trying to tame these tendencies. This does not mean that the firm doesn't still spend money loosely, but it is a start.
Continue reading Earnings Preview: Starbucks
Posted Oct 28th 2009 12:10PM by Mark Fightmaster (RSS feed)
Filed under: Earnings reports, Forecasts, Kellogg Co (K)
Before the market opens on Thursday, October 29, cereal producer Kellogg (NYSE: K) will release its third-quarter earnings. Analysts expect the company to earn 84 cents per share in the quarter, with revenue of $3.28 billion.
In the second quarter, Kellogg saw its profit increase 13%, which gave the cereal thriller reason to up its full-year forecast. Before the second-quarter report, Kellogg expected high single-digit-percentage growth for 2009; however, this was upped to 8% to 10% following the strong second quarter. In addition, Kellogg believes it will save $1 billion annually by the end of fiscal 2011. This money will then be reinvested into advertising, which could lead to more money for the company.
Continue reading Kellogg earnings preview: Is the momentum sustainable?
Posted Oct 20th 2009 3:20PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Forecasts, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), International Business Machines (IBM), Technology
Yahoo! (NASDAQ:
YHOO) will be reporting Q3 data after the bell today. Is the market excited over the Internet portal's prospects? Well, judging by the price action I'm seeing on my screen right now, I'd have to say the answer is a definite no. The stock is down 1.7% as I write this in early afternoon trading.
According to Earnings.com, Yahoo!, whose colleagues include Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG), is expected to say it made 7 cents per share in the third quarter. That won't be so great, since it will represent an earnings decline compared to last year's income stat. Of course, we should remember that it won't be just about the earnings per share. We'll have to hear what management has to say about future prospects.
Continue reading Yahoo! preview: Will stock see a bid after Q3 report?
Posted Oct 6th 2009 4:45PM by Elizabeth Harrow (RSS feed)
Filed under: Earnings reports, PepsiCo (PEP), Options
Snacks-and-soda stalwart PepsiCo, Inc. (NYSE: PEP) is scheduled to unveil its third-quarter results before the market opens this Thursday, Oct. 8. Heading into the report, analysts are expecting PEP to bank a profit of $1.02 per share, according to Thomson Reuters, fractionally lower than its year-ago earnings of $1.06 per share.
PepsiCo has a healthy history in the earnings spotlight, having exceeded Wall Street's consensus expectations in each of the previous three quarters. Judging by recent option activity, traders are speculating on another upside surprise from the Frito-Lay firm.
Continue reading Earnings preview: Shorts seem nervous ahead of PepsiCo's 3Q
Posted Oct 6th 2009 11:30AM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Forecasts, Wal-Mart (WMT), Costco Wholesale (COST)
Costco Wholesale Corp. (NASDAQ: COST), the popular warehouse store that competes with BJ's Wholesale Club (NYSE: BJ) and Wal-Mart (NYSE: WMT), will report Q4 earnings on Wednesday, October 7. How will the company do?
Don't look for growth, my friends. According to Earnings.com, estimates from Wall Street say that Costco will produce 77 cents per share in income. Unfortunately, that represents a 16% drop in the metric. Surprising? Maybe a little. After all, we're still suffering a bad economy, and you figure that people would want to cut costs by leveraging the bulk buying power of the Costco business model.
Continue reading Costco's fourth quarter: Will Wall Street be surprised?
Posted Oct 5th 2009 3:00PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Forecasts, McDonald's (MCD), Yum Brands (YUM), Wendy's Intl (WEN), Burger King Hldgs (BKC)

At the time of this writing, shares of
Yum! Brands (NYSE:
YUM), a company that competes with
McDonald's (NYSE:
MCD),
Burger King (NYSE:
BKC), and
Wendy's/Arby's Group (NYSE:
WEN), were trading higher by well over 4%. Volume was doing well, too. Interestingly enough, Yum! Brands will be reporting Q3 earnings on Tuesday, October 6, after the bell. Does this mean that you should buy in ahead of the release?
On the surface, I suppose the market is telling you that Yum! Brands would indeed make a good earnings trade. Not only is the stock up nicely this afternoon, but it isn't too far from a 52-week high.
Continue reading Buy Yum! Brands ahead of earnings?
Posted Sep 28th 2009 5:40PM by Michael Fowlkes (RSS feed)
Filed under: International markets, Earnings reports, Forecasts, Products and services, China, Market matters, NIKE, Inc'B' (NKE), Recession, Financial Crisis
Nike Inc. (NYSE:
NKE) will get its chance to impress Wall Street when it reports its most recent quarterly results Tuesday following the market close. The company will be reporting its fiscal first quarter numbers, and analysts are expecting
slightly lower numbers that its first quarter last year.
The giant in sports apparel and footwear last reported earnings back on June 24 when it was able to outpace analyst estimates, and this time around analysts are looking for the company to show earnings of 97 cents per share. In its first quarter last year, the company reported earnings of $1.03 per share.
Continue reading Nike Q1 earnings preview
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