Earnings Expectations for the Week of February 11

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Quarterly reports from General Motors
GM
and Deere
DE
will be among the highlights on the earnings front this week. The consensus forecast for the former calls for fourth-quarter earnings per share (EPS) to be more than 23 percent higher than a year ago to $0.51 per share. The construction and agricultural equipment maker is expected to say that fiscal first-quarter EPS came to $1.40, up about seven percent year-over-year. Revenue from both are expected to be less than 10 percent higher, relative to a year ago. Deere reports Wednesday morning, GM Thursday morning. Analysts are also looking for earnings growth from Goodyear Tire
GT
and Cisco Systems
CSCO
this week, but a year-over-year EPS decline from Avon Products
AVP
, Duke Energy
DUK
and MetLife
MET
.
Food and Beverage Earnings
There are a number of food and beverage companies scheduled to post quarterly earnings this week, including both parts of the former Kraft Foods: Mondelez
MDLZ
is expected to say Wednesday that EPS and sales each fell by about a third to $0.38 per share and $9.69 billion. The Kraft Foods
KRFT
forecast calls for $0.24 EPS and $4.75 billion in sales. Coca-Cola
KO
and Dr Pepper Snapple
DPS
are expected to report annual EPS growth to $0.43 and $0.85, respectively, for their fourth quarters. But PepsiCo's
PEP
fourth-quarter EPS are forecast to have declined more than eight percent to $1.05. Analysts expect marginal revenue growth from each of these three. Coke reports Monday morning, Dr Pepper Tuesday morning and Pepsi Wednesday morning. Dean Foods
DF
is expected to say Wednesday and Campbell Soup
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CPB
on Friday that their EPS for the most recent quarter were up marginally, relative to the year-ago period, to $0.30 and $0.66, respectively. Sales for the former are also predicted to be marginally higher, but for the soup maker to be up almost 10 percent to $2.32 billion. The fiscal third-quarter forecast for J.M. Smucker
SJM
calls for $1.39 EPS on $1.56 billion in revenue. That would be up from $1.22 and $1.47 billion in the same period of the previous year. Smucker will share its results Friday before the markets open. From Buffalo Wild Wings
BWLD
and Whole Foods Market
WFM
, analysts are looking for double-digit percentage EPS growth to $0.95 and $0.77, respectively. Revenues for each are also expected to have risen by double digits from the year-ago quarter. The restaurant chain reports late Tuesday, while the supermarket operator reports late Wednesday. Molson Coors Brewing
TAP
is expected to post fourth-quarter EPS of $0.64 (down about 34 percent) and full-year EPS of $3.85 (up about two percent). Sales for both periods are forecast to be more than 12 percent higher than a year ago. The Denver-based brewer steps into the earnings spotlight Thursday before the opening bell.
Media-Related Earnings
Among the handful of media-related companies scheduled to share their fourth-quarter results this week is CBS
CBS
. Analysts on average expect the TV and motion-picture company to say Thursday that EPS rose more than 20 percent to $0.72 for the quarter and about 24 percent to $2.55 for the full year. Revenue for both periods is expected to be up less than four percent year-over-year. Comcast
CMCSA
is predicted to post EPS of $0.53 (up more than 11 percent) on revenue of $16.00 billion (up more than six percent) for the quarter, and $1.94 (up more than 18 percent) on revenue of $62.48 billion (up about 12 percent) for the full year. Comcast reports Wednesday morning. DirecTV
DTV
and Discovery Communications
DISCA
are both scheduled to report Thursday before the markets open. Analysts expect the former to say quarterly EPS rose more than nine percent to $1.13, while the latter reports that EPS declined more than 11 percent from the year-ago quarter to $0.76. Fourth-quarter revenues for each are forecast to be more than six percent higher. Publisher McGraw-Hill
MHP
, which is also the parent of Standard & Poors, shares its most recent results early Tuesday. The consensus forecast calls for $0.72 EPS (up more than 12 percent) on revenue of $1.61 billion (up almost nine percent) for the quarter, and $3.45 EPS (up more than 15 percent) on $6.46 billion (up more than three percent) in revenue for the full year.
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Posted In: EarningsLong IdeasShort IdeasPreviewsTrading IdeasAvon ProductsBuffalo Wild Wingscampbell soupCBSCisco SystemsCoca-colaComcastDean FoodsDeereDIRECTVdiscovery communicationsDr Pepper Snappleduke energyGeneral MotorsGMGoodyearKraft Foodsmcgraw-hillMetLifemolson coorsMondelézpepsicoSmuckerStandard & PoorsWhole Foods Market
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