Earnings Expectations for the Week of September 3

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Things will be quiet on the earnings front again this holiday-shortened week. The most prominent quarterly reports on the schedule are those from Campbell Soup
CPB
, which is expected to post a year-over-year earnings per share (EPS) decline and flat earnings Tuesday morning, and Kroger
KR
, which is expected to say Friday that it saw moderate growth in EPS and sales. Also, a seasonal net loss is expected from H&R Block
HRB
. Here is a quick run-down of some companies that analysts anticipate will report this week that they had positive results for the most recent quarter.
Cooper CompaniesCOO
. Analysts on average expect this medical device maker to report Thursday afternoon that its per-share earnings gained nearly 11 percent to $1.29 and revenue rose more than four percent year-over-year to $367.6 million. That EPS estimate is unchanged over the past 60 days.
Dollar GeneralDG
. The consensus forecast calls for EPS up more than 18 percent year-over-year to $0.64 and sales up more than 10 percent to $3.9 billion. Analysts have underestimated EPS from this discount retailer in the past four quarters. Dollar General reports Thursday before the markets open.
Hovnanian EnterprisesHOV
. This New Jersey-based homebuilder is expected to post a narrower net loss of $0.12 per share as revenues surged more than 35 percent from the year-ago period to $386.2 million. Note that Hovnanian reported a surprise profit in the previous quarter. It is scheduled to share its results on Thursday.
Men's WearhouseMW
. The consensus forecast calls for earnings and revenue to be marginally higher than a year ago to $1.12 per share on $663.9 million. The Houston-based specialty retailer fell short of analysts' consensus EPS estimates in the previous quarter. The company is scheduled to share its results Wednesday afternoon.
VeriFone SystemsPAY
. Analysts on average anticipate this electronic payment company will say Wednesday afternoon that its most recent EPS were 30 percent higher year-over-year to $0.70 and revenue rose about 57 percent to $498.3 million. VeriFone regularly exceeds consensus EPS estimates.
Ulta Salon, Cosmetics and FragranceULTA
. The consensus forecast calls for EPS to have grown more than 25 percent from a year ago to $0.51. This purveyor of salon products and services regularly tops consensus EPS estimates. Sales are expected to total $ 473.8 million, or more than 20 percent higher year-over-year. Look for its report Thursday after the closing bell. In addition, Brady Corp.
BRC
, Delta Apparel
DLA
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, Korn/Ferry International
KFY
, Layne Christensen
LAYN
and Smithfield Foods
SFD
are expected to report this week that their most recent per-share earnings declined compared to the year-ago period, and Navistar International
NAV
is predicted to have swung to a net loss. The relative quiet on the earnings front will continue the following week, though Analogic
ALOG
, Casey's General Stores
CASY
, John Wiley
JW
, Pall Corp.
PLL
, Pier 1 Imports
PIR
and United Natural Foods
UNFI
are scheduled to share their most recent quarterly results.
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Posted In: EarningsLong IdeasShort IdeasPreviewsTrading IdeasBrady Corp.campbell soupConstruction & Farm Machinery & Heavy TrucksCooper CompaniesDelta Appareldollar generalH&R Blockhovnanian enterprisesIndustrialsKorn/Ferry InternationalKrogerLayne ChristensenMen's WearhousenavistarSmithfield Foodsulta salonVeriFone Systems
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