Market Overview

Earnings Expectations for the Week of October 31

Halloween and the Day of the Dead arrive this week. If analysts' forecasts are correct, there are only a few earnings reports that may scare investors. For instance, Alpha Natural Resources (NYSE: ANR) earnings are predicted to have fallen 93.1% year over year to $0.58 per share. Allstate (NYSE: ALL) EPS are expected to have fallen 89.2% to $0.09 and Hartford Financial's (NYSE: HIG) to be 84.5% lower to $0.23 per share.

And companies expected to post net losses when they report quarterly results this week include AIG (NYSE: AIG), Apollo Global Management (NYSE: APO), KKR (NYSE: KKR), LinkedIn (NYSE: LNKD), Martha Stewart Living Omnimedia (NYSE: MSO) and Overseas Shipholding (NYSE: OSG).

But, by and large, expectations for this week's other earnings reports are positive. Here is a quick day-by-day rundown of some of the other most anticipated quarterly reports of this week.


Analysts' forecasts for Halloween earnings:

  • Anadarko Petroleum (NYSE: APC): EPS up 69.1% to $0.68
  • Avalon Bay (NYSE: AVB): EPS up 17.6% to $1.19
  • FMC (NYSE: FMC): EPS up 15.6% to $1.35
  • Humana (NYSE: HUM): EPS down 14.9% to $2.02
  • Loews (NYSE: L): EPS down 15.4% to $0.66


The earnings crunch is back on Tuesday, with highlights including reports from Archer Daniels Midland (NYSE: ADM), Pfizer (NYSE: PFE) and Marathon Oil (NYSE: MRO). Analysts are looking for higher earnings from ADM (up 19.4%) and EPS about the same as a year ago from Pfizer, as well as higher revenues from both. Marathon's earnings are expected to have declined 16.0% year over year, while revenues tumbled 86.0%.

Also on Tuesday:

  • CF Industries (NYSE: CF): EPS up 77.0% to $4.79
  • Valero Energy (NYSE: VLO): EPS up 73.2% to $1.90
  • Pioneer Natural Resources (NYSE: PXD): EPS up 59.8% to $0.87
  • Baker Hughes (NYSE: BHI): EPS up 51.2% to $1.21
  • Discovery Communications (NASDAQ: DISCA): EPS up 32.7% to $0.55
  • CME Group (NASDAQ: CME): EPS up 21.1% to $4.64
  • Watson Pharmaceuticals (NYSE: WPI): EPS up 19.0% to $1.05
  • Emerson Electric (NYSE: EMR): EPS up 15.6% to $0.96

Dunkin Brands (NASDAQ: DNKN) reports on Tuesday as well.


Mastercard (NYSE: MA) is on deck to report its third-quarter results Wednesday. The consensus forecast calls for earnings of $4.82 per share and revenues of $1.7 billion. That is up from $3.94 per share and $1.4 billion in the same quarter of last year. Note that analysts have underestimated Mastercard's per-share earnings in the past six quarters.

Media will also be a focus Wednesday as Comcast (NASDAQ: CMCSA), News Corp. (NASDAQ: NWSA) and Time Warner (NYSE: TWX) report their quarterly results. Analysts predict year-over-year EPS growth from each of them: 22.5%, 3.4% and 18.4% respectively. Revenues for all three are expected to be higher than a year ago as well.

Also on Wednesday:

  • Tesoro (NYSE: TSO): EPS up 74.4% to $1.99
  • Avis Budget (NASDAQ: CAR): EPS up 20.4% to $0.98
  • Whole Foods (NASDAQ: WFM): EPS up 19.5% to $0.41
  • Kraft Foods (NYSE: KFT): EPS up 14.5% to $0.55
  • Qualcomm (NASDAQ: QCOM): EPS up 12.8% to $0.78
  • Devon Energy (NYSE: DVN): EPS up 10.9% to $1.47
  • Clorox (NYSE: CLX): EPS down 5.1% to $0.93
  • Prudential Financial (NYSE: PRU): EPS down 27.4% to $1.54
  • Garmin (NASDAQ: GRMN): EPS down 28.6% to $0.50


Starbucks (NASDAQ: SBUX) and Kellogg (NYSE: K) will be reporting on Thursday, though per-share earnings for both of them are expected to be about the same as a year ago, with revenues up marginally. One of the biggest anticipated earnings gainers of the day will be DirecTV (NASDAQ: DTV). Earnings are forecast to be 24.7% higher year over year to $0.73 per share, with revenues up 11.9% to $6.7 billion. Starbucks and DirecTV have not fallen short of consensus EPS estimates in the past few quarters.

Others scheduled to report on Thursday:

  • NYSE Euronext (NYSE: NYX): EPS up 34.3% to $0.70
  • CBS (NYSE: CBS): EPS up 23.9% to $0.46
  • Apache (NYSE: APA): EPS up 21.2% to $2.78
  • DaVita (NYSE: DVA): EPS up 19.6% to $1.43
  • Estee Lauder (NYSE: EL): EPS up 17.8% to $1.18
  • Chesapeake Energy (NYSE: CHK): EPS down 4.3% to $0.67
  • Duke Energy (NYSE: DUK): EPS down 9.8% to $0.46


Analysts expect the week to end with a fairly frightening third-quarter report from the Washington Post (NYSE: WPO). EPS are forecast to have fallen 65.7% year over year to $3.85. Note that the EPS estimate was $5.39 just 60 days ago. Revenue is expected to have declined as well: 15.6% from a year ago to $1.0 billion.

Ameren (NYSE: AEE) is also expected to report a decline in earnings and revenue on Friday.

Posted-In: ADM AIG allstate alpha natural resources ameren anadarko petroleum analyst forecasts apache Apollo Global Management archer daniels midland Avalon Bay Avis Budget Baker Hughes CBS CF Industries chesapeake energy clorox CME group Comcast Davita devon energy DIRECTV discovery communications duke energy Dunkin Brands earnings expectations earnings previews Emerson Electric Estee Lauder FMC Garmin Hartford Financial Humana Kellogg KKR Kraft Foods LinkedIn Loews Marathon oil Martha Stewart Living Omnimedia mastercard News Corp. NYSE Euronext overseas shipholding Pfizer pioneer natural resources Prudential Financial Qualcomm Starbucks Tesoro third-quarter earnings Time Warner valero energy Washington Post Watson Pharmaceuticals Whole FoodsEarnings Long Ideas Short Ideas Previews Pre-Market Outlook Trading Ideas Best of Benzinga


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