Market Overview

Earnings Expectations for the Week of September 10

Earnings Expectations for the Week of September 10

There is not much on the earnings schedule again this week, so there will be little to distract from the Federal Reserve meeting, Apple's (NASDAQ: AAPL) big event and the German court ruling on the constitutionality of the eurozone bailout facilities.

See also: Get in Line: iPhone 5 Production Can't Keep Up

Industrial equipment maker Pall Corp. (NYSE: PLL) is the only S&P 500 member confirmed to release quarterly results this week. Below is a quick look at what analysts are predicting for Pall, as well as for Analogic (NASDAQ: ALOG), Casey's General Stores (NASDAQ: CASY), John Wiley (NYSE: JW-A) and United Natural Foods (NYSE: UNFI).

There will be more for analysts and investors to mull over the following week when Bed Bath & Beyond (NYSE: BBBY), Carmax (NYSE: KMX), ConAgra Foods (NYSE: CAG), FedEx (NYSE: FDX), General Mills (NYSE: GIS), Oracle (NASDAQ: ORCL) and others release their results for the most recent quarter.


Fourth-quarter fiscal 2014 earnings from this medical imaging and security systems maker are forecast to come to $0.71 per share, while revenues totaled $140.8 million. In the same quarter of last year, the company beat EPS estimates when it posted $0.45 per share and $135.3 million in sales. For the full year, EPS are expected to have more than doubled to $3.21 and revenues to have increased seven percent year-over-year to $506.5 million. Analog, which hit a new multiyear high last week, steps into the earnings spotlight Thursday after the markets close.

Casey's General Stores

Analysts predict that this operator of about 1,700 convenience stores in the Midwest will say Monday that it saw a profit of $0.95 per share in the first quarter of fiscal 2013. That would be down from $1.03 per share in the same period a year ago, as well as from a consensus EPS estimate of $1.02 some 60 days ago. The company has not managed a positive earnings surprise in the past four quarters. However, revenues are forecast to have crept up 2.8 percent from a year ago to $1.9 billion. Revenue fell in-line with Wall Street expectations in the previous quarter.

John Wiley & Sons

This Hoboken, New Jersey-based publisher is expected to report Monday that for its first quarter of fiscal 2013 it had earnings of $0.73 per share. That would be up from the $0.68 per share that it posted in the same period a year ago. EPS topped estimates in the fourth quarter, ending a four-quarter streak of misses. And analysts on average expect revenues to total $ 439.2 million, or about two percent higher than in the year-ago quarter. In August John Wiley said it would sell its Frommer's brand of travel guides to Google (NASDAQ: GOOG), and shares reached a 52-week high on Friday.

Pall Corp.

This Port Washington, New York-based maker of filtration and purification systems has been profitable for the past eight quarters. It is expected to report Wednesday that its fourth quarter fiscal 2012 profit was $0.77 per share, which is essentially flat year-on-year. That EPS estimate is unchanged over the past 60 days. Revenue for the quarter is forecast to total $718.8 million, an annual drop of 7.9 percent. Lower revenue in the third quarter broke a three-quarter streak of revenue increases. Full-year EPS are estimated to have dropped about two percent to $2.71 on sales that are three percent lower than a year ago to $2.6 billion.

See also: Pall Corp. Freshwater Generators Selected for UK Royal Navy Ships

United Natural Foods

In its Tuesday morning report, Providence, Rhode Island-based United Natural is expected offer up a 15.6 percent EPS boost to $0.51 for its fiscal fourth quarter of 2012. That consensus estimate is unchanged over the past 60 days. Quarterly revenues are expected to total $1.3 billion, which would be higher than the nearly $1.2 billion a year ago. The full-year forecast calls for earnings of $1.95 per share (up 13.8 percent) on $5.2 billion (15 percent higher year-on-year) in sales. The share price reached a multiyear high on Friday, even though one analyst said the company's valuation is "irrationally high."

See also: Will Stanford Study Hurt Organic Food Stocks?


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