logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For May 1 (BRCM, CHK, FLEX, UNM, PEET, AVP, ODP, PFE, SIRI)

Broadcom Corp. (BRCM) is expected to report results for the first quarter. The Irvine, California-based company is expected to earn $0.55 per share on revenues of $1.80 billion. In the year-ago quarter, the company reported earnings of $0.68 per share on revenues of $1.82 billion. The shares closed Monday at $36.60. (The stock surged about 34% in Q1; MA(50)- $37.04; MA(100)- $34.82; 52-wk H/L $39.66/$27.59)

Chesapeake Energy Corp. (CHK) is due to post first-quarter results. The company is expected to record earnings of $0.29 per share compared to $0.75 per share last year, on revenues of $2.75 billion. Shares of CHK closed Monday's trade at $18.44. (The stock up around 4% in Q1; MA(50)- $22.56; MA(100)- $22.66; 52-wk H/L $35.75/$16.78)

Electronics manufacturing services provider Flextronics International Ltd. (FLEX) is scheduled to report fourth-quarter results. The company is expected to post earnings of $0.23 per share, higher than the year-ago quarter's $0.21 per share. Also, the company is anticipated to generate revenues of $6.44 billion versus $6.86 billion in the prior-year quarter. The company's shares closed Monday's session at $6.68. (The stock gained nearly 28% in Q4; MA(50)- $7.05; MA(100)- $6.69; 52-wk H/L $7.49/$5.05)

Unum Group (UNM) is slated to report results for the first quarter. The disability insurance provider is expected to report a profit of $0.76 per share versus $0.69 per share last year, with revenues estimated at $2.59 billion. The stock closed Monday at $23.74. (The stock up about 17% in Q1; MA(50)- $23.73; MA(100)- $22.87; 52-wk H/L $26.96/$19.72)

Peet's Coffee & Tea, Inc. (PEET) is expected to post first-quarter results. Earnings and revenue for the quarter are expectd to be $0.31 per share and $96.87 million respectively. A year earlier, the company earned $0.41 per share on revenues of $88.47 million. The stock closed Monday's regular trading at $76.82. (The stock rose almost 18% in Q1; MA(50)- $70.64; MA(100)- $66.05; 52-wk H/L $77.60/$44.78)

Avon Products Inc. (AVP) will report first-quarter results today. Earnings of the company are expected to decline to $0.28 per share from $0.37 per share reported a year ago and quarterly revenues are anticipated to decrease to $2.52 billion from last year's $2.63 billion. The company's shares closed Monday's session at $21.60. (The stock gained nearly 12% in Q1; MA(50)- $20.26; MA(100)- $18.97; 52-wk H/L $31.60/$16.09)

Office products supplier Office Depot, Inc. (ODP) is scheduled to report results for the first quarter. The company is expected to post earnings of $0.05 per share versus breakeven per share last year, on revenues of $2.89 billion. The shares closed Monday at $3.04. (The stock surged about 60% in Q1; MA(50)- $3.29; MA(100)- $2.91; 52-wk H/L $4.84/$1.75)

Pfizer Inc. (PFE) is slated to report results for the first quarter. The drugmaker is expected to report a profit of $0.56 per share on revenues of $15.47 billion. In the previous year, the company earned $0.60 per share on revenues of $16.50 billion. PFE closed Monday at $22.90. (The stock up about 6% in Q1; MA(50)- $21.96; MA(100)- $21.67; 52-wk H/L $23.30/$16.63)

SIRIUS XM Radio Inc. (SIRI) is due to post first-quarter results. The company is expected to record earnings of $0.02 per share compared to $0.01 per share last year, on revenues of $803.83 million. Shares of SIRI closed Monday's trade at $2.26. (The stock rose around 27% in Q1; MA(50)- $2.25; MA(100)- $2.12; 52-wk H/L $2.44/$1.27)

Additionally, Amdocs Ltd. (DOX), Arthur J Gallagher & Co. (AJG), Big 5 Sporting Goods Corp. (BGFV), Boston Properties Inc. (BXP), CBOE Holdings, Inc. (CBOE), Con-way Inc. (CNW), DaVita Inc. (DVA), Fiserv, Inc. (FISV), General Growth Properties Inc. (GGP), Genworth Financial Inc. (GNW), Jack Henry & Associates Inc. (JKHY), Kindred Healthcare Inc. (KND), Myriad Genetics Inc. (MYGN), TW Telecom Inc. (TWTC), TripAdvisor Inc. (TRIP), Yamana Gold, Inc. (AUY), Arch Coal Inc. (ACI), Archer Daniels Midland Co. (ADM), Becton, Dickinson and Co. (BDX), Biogen Idec Inc. (BIIB), Corn Products International Inc. (CPO), Domino's Pizza, Inc. (DPZ), Ecolab Inc. (ECL), FirstEnergy Corp. (FE), Harris Corp. (HRS), Hospira Inc. (HSP), Kulicke & Soffa Industries Inc. (KLIC), Legg Mason Inc. (LM), Marsh & McLennan Companies, Inc. (MMC), P.F. Chang's China Bistro, Inc. (PFCB) and Valero Energy Corp. (VLO) will report their results today.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Low-cost airline Allegiant Air announced its order for brand-new aircraft for the first time in its history. The carrier announced on Friday it had reached a deal to purchase 12 current-generation models of Airbus' A320 narrow-body jets. The company termed the deal as "another step towards Allegiant's... Los Angeles City officials have filed criminal charges against Soylent CEO Robert Rhinehart for placing a bright red shipping container on Montecito Heights hillside as part of his "experiment in sustainable living." City Attorney Mike Feuer Friday announced that his office has filed multiple criminal... A new study says that if Hillary Clinton is elected then her proposals will strengthen the U.S. economy and create millions of jobs. According to Moody's Analytics, Hillary Clinton's economic proposal would oversee a "somewhat stronger U.S. economy." The conclusion was reached after assessing her...
comments powered by Disqus
Follow RTT