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Coca-Cola third quarter earnings preview

Michael Fowlkes — Mon, 19 Oct 2009 18:00:00 EST

Filed under: Earnings Reports, Forecasts, Products and Services, Consumer Experience, Competitive Strategy, Coca-Cola (KO), PepsiCo (PEP), Market Matters, Recession

Soft drink giant The Coca-Cola Company (NYSE: KO) will be reporting its third quarter numbers tomorrow before the market opens.

The last time that Coca-Cola reported earnings was back in July when the company beat out analyst estimates by 3 pennies with a reported 92 cents per share. For the third quarter, analysts are expecting to the see the company show earnings of 81 cents per share.

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Coca-Cola third quarter earnings preview originally appeared on BloggingStocks on Mon, 19 Oct 2009 18:00:00 EST. Please see our terms for use of feeds.

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Bank of America (BAC) pushed down by finance woes

Brent Archer — Mon, 25 Feb 2008 13:22:00 EST

Filed under: Analyst Reports, Bad News, Industry, Bank of America (BAC), Goldman Sachs Group (GS), Options, Technical Analysis

Bank of America Corporation (NYSE: BAC) stock is falling with other banks this morning after an analyst at Oppenheimer cut earnings estimates for many major banks, predicting bank losses will be the highest in the past 20 years or more due to greater individual defaults on mortgages and other loans. The analyst cut BAC's first-quarter EPS estimate to $0.92 per share from $1.01 per share, and cut BAC's fiscal-2008 estimate to $3.65 per share from $4.10 per share. Also contributing to the finance woes is Goldman Sach (NYSE: GS)'s news it expects further writedowns. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on BAC.

After hitting a one-year high of $53.15 last February, the stock hit a one-year low of $33.12 in January. BAC opened this morning at $42.27. So far today, the stock has hit a low of $41.77 and a high of $42.50. As of 10:55, BAC is trading at $42.46, down 14 cents (-0.3%). The chart for BAC looks bullish but deteriorating, while S&P gives the stock a positive 4 STARS (out of 5) buy rating.

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Bank of America (BAC) pushed down by finance woes originally appeared on BloggingStocks on Mon, 25 Feb 2008 13:22:00 EST. Please see our terms for use of feeds.

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Will eBay swing wildly on earnings?

Kevin Kersten — Tue, 16 Oct 2007 10:44:00 EST

Filed under: Earnings Reports, Forecasts, Internet, eBay (EBAY)

Will eBay (NASDAQ: EBAY) swing wildly on earnings? It is a possibility looking back at some of the past moves of this stock. While I can't tell you what will happen, I can tell you what has happened the last time the company has failed to meet expectations ... it plummeted 21%!

Looking back over the last three years, the stock has moved on average of 8.1% on earnings. (That is the close of the day before earnings to the close the day after earnings.) Sometime it was up; sometimes down. In the fourth quarter of '04, the stock reported 16 cents per share against expectations of 18 cents per share and plummeted 21.7%. But don't auction off those shares just yet. In the second quarter of '05 the stock surprised with 22 cents when Wall Street was expecting 18 cents and the stock surged a whopping 19%. More recently, in the fourth quarter of 06, the stock came in with 31 cents, beating 28 cents expectations and gained 13.4%.

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Will eBay swing wildly on earnings? originally appeared on BloggingStocks on Tue, 16 Oct 2007 10:44:00 EST. Please see our terms for use of feeds.

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