Earnings Expectations for the Week of October 29

Loading...
Loading...
Recent earnings disappointments from tech giants like Apple
AAPL
, Google
GOOG
and Microsoft
MSFT
, as well as industrials such as Caterpillar
CAT
and DuPont
DD
, have taken their toll. The S&P 500 is down about three percent in the past three weeks. But plenty of high expectations remain, demonstrated by the analysts forecasts that the following companies will post strong year-over-year earnings growth, as well as revenue growth, in their reports this week: Allstate
ALL
, Baidu
BIDU
, Boston Beer
SAM
, Hartford Financial
HIG
, MetLife
MET
, MetroPCS Communications
PCS
, Priceline.com
PCLN
, Starbucks
SBUX
and Time Warner Cable
TWC
. But not all is rosy. Analysts anticipate earnings declines from ADM
ADM
, Chevron
CVX
, Clorox
CLX
, Ford
F
, Ralph Lauren
RL
and the Washington Post
WPO
, as well as net losses from Martha Stewart Living Omnimedia
MSO
and MGM Resorts
MGM
Loading...
Loading...
. Here is a quick run-down of what analysts expect from some of the most prominent quarterly reports on this week's schedule.
American International GroupAIG
. The consensus forecast calls this New York-based insurer to have swung from a year-ago net loss of $1.60 per share to a profit of $0.86 per share. That consensus estimate has grown in the past 60 days from $0.66 per share. But analysts see revenue dropping more than three percent year-over-year to $8.70 billion. Look for AIG's report Thursday after the closing bell.
Archer Daniels MidlandADM
. Analysts on average expect this food processing giant to report Tuesday morning that its per-share earnings fell by nearly 50 percent to $0.35 and revenue totaled $22.00 billion, essentially flat year-over-year. That EPS estimate declined over the past 60 days from $0.50 per share.
Exxon MobilXOM
. The consensus forecast calls for EPS down about eight percent year-over-year to $1.96 and sales more than 10 percent lower to $112.40 billion. But the oil and gas giant fell short of consensus EPS estimates in three of the past five quarters. Exxon reports Thursday before the markets open.
FordF
. This Big Three automaker is expected to post $0.30 per share earnings and sales of $31.08 billion. That would be down from $0.34 per share and $31.10 billion in revenue in the same period of last year. Note that the consensus EPS estimate was $0.28 just 30 days ago. Ford is scheduled to share its results Tuesday morning.
KelloggK
. Earnings from this maker of Pop-Tarts and Rice Krispies are expected to be $0.80 per share, or flat year-over year. That EPS estimate is unchanged over the past 60 days. However, sales are predicted to be 11.5 percent higher than a year ago to $3.69 billion. Kellogg is on tap to report Thursday before the opening bell.
MasterCardMA
. Analysts on average anticipate this financial services company will say Wednesday morning that its most recent EPS were about five percent higher year-over-year to $5.93. Its revenue is predicted to have risen more than six percent to $1.94 billion. MasterCard topped consensus EPS estimates in the past 10 quarters.
MetLifeMET
. The consensus forecast calls for earnings to be about 13 percent higher than a year ago to $1.28 per share on revenue that is up marginally to $17.15 billion. The New York-based life insurer exceeded analysts' consensus EPS estimates in the previous four quarters. The company steps into the earnings spotlight Wednesday afternoon.
VisaV
. This payments technology company is expected to offer up $1.50 per share earnings and $2.67 billion in revenue. That would be up from $1.27 per share and revenue of $2.38 billion in the year-ago period. Analysts regularly underestimate Visa's per-share earnings. The company is scheduled to share its results Wednesday afternoon. Retail earnings come into focus the following week, with reports due from CVS Caremark
CVS
, JCPenney
JCP
, Kohl's
KSS
, Macy's
M
, Nordstrom
JWN
and Whole Foods Market
WFM
.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsLong IdeasNewsShort IdeasPreviewsPre-Market OutlookTrading IdeasADMAIGallstateAmerican International GroupApplearcher daniels midlandBaiduboston beerCaterpillarChevroncloroxcvs caremarkDuPontExxon MobilFordGoogleHartford FinancialjcpenneyKelloggkohl'smacy'sMartha Stewart Living OmnimediamastercardMetLifemetroPCS communicationsmgm resortsMicrosoftNordstrompriceline.comRalph LaurenStarbuckstime warner cablevisaWashington PostWhole Foods
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...