Earnings Expectations For The Week Of August 26

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Quarterly reports from
Tiffany & Co. TIF
and
Campbell SoupCPB
will highlight an otherwise pretty quiet week on the earnings front as the quarter winds down. Here is a quick look at expectations from those two reports, as well as those from
Salesforce.comCRM
,
Brown-FormanBF
,
Joy GlobalJOY
and
Sanderson FarmsSAFM
.
See also:Weekly Preview: Economic Data Could Have Downside RisksTiffany
The fine jewelry and luxury goods purveyor is expected to say that earnings came to $0.74 per share for its second quarter. That would be up from $0.72 in the year-ago period. Revenues for the quarter are estimated to be more than six percent higher to $941.37 million. Note that this consensus EPS estimate is the same as it was 60 days ago, though Tiffany exceeded EPS expectations by more than 34 percent in the first quarter report. Look for the earnings report Tuesday before the opening bell.
Campbell Soup
In its report early Thursday, this processed food company is expected to post fiscal fourth-quarter earnings that were more than a penny per share higher than in the year-ago period to $0.42. For the full year, analysts are looking for $2.61 per share, which would be up from $2.44 in the previous year. Revenues from the maker of Goldfish crackers and V8 juices are predicted to total $1.83 billion for the most recent quarter. That would be almost 14 percent higher than a year ago. Revenue for the full year is expected to be up more than 11 percent to $8.60 billion.
Salesforce.com
The second-quarter forecast for the enterprise cloud computing software provider calls for per-share earnings of $0.07 on $939.25 million in revenues. In the same quarter of the previous year, Salesforce.com beat consensus EPS estimates when it posted $0.11 on sales of $731.65 million. Note that second-quarter EPS estimate was $0.09 just 60 days ago. Earnings have not fallen short of the consensus EPS estimate in the past four quarters. Look for the earnings report Thursday after the markets close.
See also:Red Hat And Other Software Stocks That May Beat Revenue EstimatesBrown-Forman
Fiscal first-quarter earnings from the maker of Jack Daniels are forecast to come to $0.71 per share in Wednesday morning's report. That would be up from $0.69 per share in the year-ago period. Earnings just missed consensus EPS estimates in the previous quarter. The Louisville, Kentucky-based wine and spirits company is expected to say that revenues totaled $864.24 million for the first quarter, or down marginally from a year ago. However, revenue and EPS for the current quarter are expected to be higher sequentially and year-over-year.
Joy Global
This Milwaukee-based mining equipment maker is expected to say Wednesday before the markets open that for its fiscal third quarter it had $1.36 EPS and $1.18 billion in revenue. That would be down from the same period of the previous year, when it posted $1.82 per share on $1.39 billion in revenue. Joy Global earnings fell short of analysts' expectations in just one the past four quarters. And the consensus EPS estimate for the most recent quarter has slipped in the past 60 days from $1.38. So far, sequential growth of EPS and revenue is expected in the current quarter.
Sanderson Farms
Analysts expect this poultry processing company to say that per-share earnings more than doubled year-over-year to $2.62 in its fiscal third quarter. Revenues for the quarter are estimated to be more than 15 percent higher to $722.45 million. Note that this consensus EPS estimate has risen in the past 60 days from $2.57. Sanderson Farms exceeded EPS expectations by almost 50 percent in the second quarter report. The company is scheduled to share its results Friday morning.
And Others
Other companies predicted to report year-over-year earnings growth this week include
DSWDSW
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,
Esterline TechnologiesESL
,
Krispy Kreme DoughnutsKKD
,
PallPLL
and
Williams-SonomaWSM
. But an earnings decline is expected from
Avago TechnologiesAVGO
, as well as a net loss from
LDK SolarLDK
. The following week, look for quarterly reports from
Dollar GeneralDG
,
H&R BlockHRB
,
Lululemon AthleticaLULU
,
SAICSAI
and others.
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Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsPreviewsTrading Ideasavago technologiesBrown-Formancampbell soupdollar generalDSWesterline technologiesH&R Blockjoy globalKrispy Kreme Doughnutsldk solarLululemon AthleticaPallSAICSalesforce.comSanderson FarmsTiffanyWilliams-Sonoma
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