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Retailers To Hog Spotlight On Earnings Front
11/9/2009 2:54 AM ET


RELATED NEWS
Wal-Mart Posts Higher Q3 Profit; Raises FY10 Earnings Forecast - Update
Wal-Mart Stores Q3 Profit Rises; Lifts FY10 EPS View - Quick Facts 2
Wal-Mart Stores Q3 Profit Rises - Quick Facts 1
Ahead Of Wal-Mart Stores' Q3 Results
Walmart Announces Price Reductions On Thanksgiving Dinner Favorites, TVs And Other Popular Electronics
(RTTNews) - Earnings reports from retailers are likely to remain the center of investors' attention, with giants such as Wal-Mart, Kohl's, JC Penny reporting later this week. Some of the companies reporting early in the week include...

November 9

Engineering and construction firm Fluor Corp. (FLR: News ) is scheduled to release its third-quarter results after the market closes Monday, with analysts forecasting earnings of $0.90 per share on revenues of $5.49 billion. In mid-August, the company said it maintained its 2009 earnings guidance of $3.80 - $4.10 per share. Analysts currently expect the company to post earnings of $3.85 per share for the full year 2009.

Bond insurer MBIA Inc. (MBI: News ) will announce its third-quarter results after the market closes on November 9, as analysts are projecting a loss of $1.05 per share. In the previous quarter, the company earned $894.7 million or $4.30 per share, on revenues of $992.1 million.

Industrial automation solutions provider Rockwell Automation Inc. (ROK: News ) is set to report its fourth-quarter results before the market opens Monday, with analysts expecting earnings of $0.27 per share, on revenues of $1.05 billion. Recently, the company reaffirmed its fiscal 2009 earnings forecast of $1.40 - $1.70 per share, excluding restructuring charges.

For Sempra Energy (SRE: News ), analysts are expecting earnings of $1.19 per share, on revenues of $2.16 billion for the third quarter. The results are due to be released on November 9 at 9:00 am ET. While reporting second-quarter numbers, the company had reaffirmed its 2009 earnings-per-share guidance range of $4.35 - $4.60.

Oil refiner Tesoro Corp. (TSO: News ) will announce its third-quarter results before the market opens Monday, with analysts projecting earnings of $0.01 per share on revenues of $4.71 billion.
Telecommunications services provider Windstream Communications (WIN: News ) is slated to report third-quarter results on November 9, with analysts forecasting earnings of $0.21 per share on revenues of $747.03 million.

Monday's earnings schedule includes Boots & Coots Inc. (WEL: News ), DISH Network Corp. (DISH: News ), Golden Star Resources Ltd. (GSS: News ), Great Basin Gold (GBG: News ), GTx Inc. (GTXI: News ), Harvest Energy Trust (HTE), Liberty Media Corp. (LINTA: News ), McDermott International Inc. (MDR: News ), Nippon Telegraph And Telephone Corp. (NTT: News ), Pengrowth Energy Trust (PGH: News ), Priceline.com (PCLN: News ).

November 10

Diversified conglomerate Tyco International Ltd. (TYC: News ) will issue its fourth-quarter results before the market opens Tuesday, with analysts forecasting earnings of $0.54 per share on revenues of $4.32 billion.

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Profit Taking Likely To Contribute To Continued Weakness – RTTNews Daily Market Analysis
The major index futures are currently indicating a notably lower open for stocks on Friday, with the markets likely to see some further downside after closing lower in each of the two previous sessions. With no major economic data on tap for the day, traders have looked to corporate news, including disappointing quarterly results from Dell (DELL). Traders may also continue to cash in on the recent strength in the markets that lifted the major averages to their best closing levels in over a year earlier in the week.

SLIDE SHOW: Pittsburgh Plays Host To Third G-20 Summit World leaders met at the G-20 summit in Pittsburgh, where they promised to maintain economic stimulus agreed to in London in April.
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