Earnings Expectations For The Week Of August 5

The earnings season is beginning to wind down, and much of the focus this week will turn to central bank meetings and economic data from China and the United States. But, there are still plenty of earnings reports on the schedule this week, including those from Walt Disney DIS, Time Warner TWX, CVS Caremark CVS and Green Mountain Coffee Roasters GMCR. Here is a quick look at what analysts are expecting from these and some of the week's other, most prominent earnings reports. See also: Weekly Preview: Earnings Season Nears The End, China In Focus Disney This entertainment giant is expected to say that earnings came to $1.02 per share for its third quarter of fiscal 2013.That would be up from $1.01 per share in the year-ago period. Revenues for the quarter are estimated to be about five percent higher to $11.65 billion. Note though that the consensus EPS estimate has slipped over the past 60 days from $1.04. However, analysts underestimated Disney's EPS in five of the past six quarters. Look for the earnings report Tuesday afternoon. Time Warner In its report before the markets open Wednesday, Time Warner is expected to post second-quarter earnings that were more than 22 percent higher than in the year-ago period to $0.76 per share. That the consensus estimate has not changed in the past 60 days. This media giant has exceeded consensus EPS expectations in the past eight quarters. Revenues from the home of Warner Bros., HBO and Sports Illustrated are predicted to total $7.11 billion for the most recent quarter. That would be more than five percent higher than in the same period a year ago. CVS Caremark Second-quarter earnings from this pharmacy services provider are forecast to come to $0.96 per share in Tuesday morning's report. That would be up from $0.81 per share in the year-ago period. Earnings results were better than expected in the in the previous four periods. The revenue forecast for the quarter calls for marginal year-over-year growth to $31.13 billion. Both revenue and EPS for the current quarter are expected to be higher sequentially and year-over-year. Green Mountain Coffee Roasters Third-quarter fiscal 2013 earnings from this specialty coffee and coffeemaker company are expected to be $0.77 per share, on revenues of $981.9 million. In the same quarter of the previous year, the maker of Keurig and K-cups beat consensus EPS estimates when it posted $0.52 on sales of $869.19 million. The consensus EPS forecast has ticked up by a penny in the past 60 days. Note that earnings have not fallen short of consensus estimates in the past six quarters. The earnings beat was by more than 25 percent in the second quarter. Look for the earnings report late Wednesday. See also: Green Mountain Offers Statement Related To SEC Insider Trading Action Archer Daniels Midland Global food-processing and commodities-trading company Archer Daniels Midland ADM is expected to report Tuesday before the opening bell that for its second quarter it had $0.44 EPS and $22.87 billion in revenue. In the same period of the previous year, it posted $0.38 per share, while revenue totaled $22.68 billion. ADM missed consensus EPS expectations in half of the past four quarters. Also, the consensus EPS estimate has slipped in the past 60 days from $0.45. For the current quarter, the forecast so far calls for year-over-year EPS growth of about 18 percent, but only marginal revenue growth. Marathon Oil In its Tuesday afternoon report, oil and natural gas producer Marathon Oil MRO is expected to say that second-quarter EPS grew from $0.59 a year ago to $0.71. That consensus estimate ticked up by a penny in the past 60 days, but per-share earnings fell short of consensus estimates by more than 15 percent in the past two quarters. Revenues from this Houston-based company are forecast to total $3.84 billion for the most recent quarter. That would be up less than two percent year-over-year. So far, revenue is predicted to have declined about seven percent in the current quarter and to be down about one percent for the full year. And Others Others predicted to report year-over-year earnings growth this week include Dish Network DISH, Lions Gate Entertainment LGF, Michael Kors KORS, Priceline.com PCLN, Prudential Financial PRU, Tenet Healthcare THC, Transocean RIG and Tyson Foods TSN. But earnings declines are expected from AOL AOL, Duke Energy DUK, First Solar FSLR, Groupon GRPN, Mondelez International MDLZ, NVIDIA NVDA, Ralph Lauren RL and T-Mobile US TMUS. The following week, keep an eye out for quarterly reports from Cisco Systems CSCO, Deere DE, Macy's M, Walmart WMT and more.
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Posted In: EarningsPreviewsPre-Market OutlookTrading IdeasADMAOLarcher daniels midlandCisco Systemscvs caremarkDeereDish Networkdisneyduke energyFirst Solargreen mountain coffee roastersGrouponLions Gate Entertainmentmacy'sMarathon oilMichael KorsMondelēz InternationalNVIDIApriceline.comPrudential FinancialRalph LaurenT-Mobile UStenet healthcareTime WarnertransoceanTyson FoodsWalmartwalt disney
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