Earnings Season Edging Towards End

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While earnings season continues to wind down, retailers are geared to grab the center stage. As the week unfolds, retailers and specialty brands like Wal-Mart, Dress Barn, J. C. Penney, Abercrombie & Fitch, Fossil are set to report earnings. Investors would also focus on earnings report from Kraft Foods, Hewlett-Packard, Merck, Daimler AG, Domino's Pizza, Devon Energy, Genzyme, Applied Materials and many more...

February 15

Monday, exchanges remained closed in commemoration of Washington's Birthday.

February 16

From Cadbury plc's (CBY, CBRY.L) predator Kraft Foods Inc., (KFT), which is set to report fourth-quarter numbers before the market open, Tuesday, the Wall Street anticipates earnings of $0.45 per share, on revenues of $10.22 billion. Last year, it posted a profit of $0.43 per share on revenues of $10.77 billion. Earlier, the Dow confrere raised its earnings outlook for the full-year to at least $2.00 per share, which is short of consensus by a penny.

Tuesday, before the bell, another Dow component, Merck & Co. Inc. (MRK) is due to release quarterly financials, with the Street looking for $0.78 per share on revenues of $9.35 billion. A year earlier, the company earned $0.87 per share on revenues of $6.03 billion. Merck boosted the lower end of its full-year non-GAAP earnings outlook and reaffirmed revenue view. It now sees full-year non-GAAP earnings per share of $3.20-$3.30 on revenues of $23.2 billion - $23.7 billion. Consensus estimate calls for $3.27 per share, on revenues of $26.70 billion, for the fiscal.

Casual apparel retailer Abercrombie & Fitch Co. (ANF) would reveal quarterly results before the bell, Tuesday, as analysts predict $0.87 per share on revenues of $951.96 million. In the prior-year period, it earned $1.10 per share on revenues of $997.96 million.

Nitrogen and phosphate fertilizer producer CF Industries Holdings Inc. (CF) set to report quarterly earnings on February 16, with the Street looking for $1.17 per share on revenues of $496.66 million. A year before, the company earned $3.59 per share on revenues of $1.07 billion.

Analysts expect automotive and industrial replacement parts maker Genuine Parts Co. (GPC) to report quarterly earnings of $0.50 per share on revenues of $2.40 billion. Last year, it earned $0.55 per share on revenues of $2.52 billion. The company is expected to report quarterly results before the bell Tuesday.

Global telecommunications service provider Qwest Communications International Inc. (Q) will publish fourth-quarter results before the bell, Tuesday, with consensus estimates calling for $0.08 per share on revenues of $3.02 billion. In the previous year, it earned $0.11 per share on revenues of $3.32 billion.

For fashion accessories company Fossil, Inc. (FOSL), which is due to report before the bell, Tuesday, quarterly earnings of $0.91 per share and revenues of $520.38 million are projected by analysts. A year ago, it earned $0.69 per share on revenues of $464.11 million. The company sees quarterly earnings per share in the range of $0.82 - $0.86 on revenues of $520 million - $525 million.

Generic drug maker Teva Pharmaceutical Industries Ltd. (TEVA) will report before the bell, Tuesday, with the Street looking for $0.95 per share on revenues of $3.81 billion. In the corresponding period a year before, it earned $0.76 per share on revenues of $2.85 billion.

Pizza delivery company Domino's Pizza Inc. (DPZ) is expected to earn quarterly profit of $0.25 per share, on revenues of $437.28 million, according to the Street view. The group, which is set to release quarterly results before market opens Tuesday, posted a profit of $0.19 per share, on revenues of $428.17 million, a year ago.

Tuesday, after the bell, oil drilling equipment manufacturer FMC Technologies, Inc. (FTI) will report quarterly results, with consensus calling for $0.74 per share, on revenues of $1.09 billion. In the earlier year, the company earned $0.74 per share, on revenues of $1.21 billion. The group forecasts earnings per share from continuing operations in a range of $0.70 - $0.75 for the fourth quarter.

Hamilton, Bermuda-based land drilling contractor Nabors Industries Ltd. (NBR) earned $0.83 per share on revenues of $1.24 billion, in the fourth-quarter a year ago. The group is slated to report fourth-quarter results after the bell, Tuesday, with analysts looking for $0.16 per share on revenues of $823.52 million. Last week, it predicted that its fourth-quarter results would modestly exceed mean estimates of $0.16 per share.

Tuesday, after the market closes, natural and organic foods supermarket Whole Foods Market, Inc. (WFMI) would release first-quarter earnings, with the Street forecasting $0.26 per share on revenues of $2.59 billion. A year before, the company earned $0.20 per share on revenues of $2.47 billion.

Tuesday's earnings slate also includes Jack in the Box Inc. (JACK), Jarden Corp. (JAH), Montpelier Re Holdings Ltd. (MRH), Orbital Sciences Corp. (ORB), Pioneer Drilling Co. (PDC), Valspar Corp. (VAL), Volcano Corp. (VOLC), Watsco Inc. (WSO), West Pharmaceutical Services, Inc. (WST), Watts Water Technologies, Inc. (WTS) and others...

February 17

Wednesday, before the bell, farm machine maker Deere & Co. (DE) would release first-quarter results, with analysts expecting $0.18 per share of earnings, on revenues of $4.16 billion. In the prior-year period, the company earned $0.48 per share, on revenues of $4.56 billion.

Biotechnology company Genzyme Corp. (GENZ) is set to publish fourth-quarter performance before the bell Wednesday, with the Street looking for earnings of $0.29 per share, on revenues of $1.08 billion. A year ago, it earned $1.04 per share on revenues of $1.17 billion. While reporting third-quarter results, the group lowered its full-year non-GAAP earnings per share view to $2.26, yet above consensus of $2.23 per share.

Bethesda, Maryland-based real estate investment trust Host Hotels & Resorts Inc. (HST) is due to unveil quarterly report, with consensus calling for $0.19 per share on revenues of $1.33 billion. In the prior-year period, it earned $0.53 per share on revenues of $1.65 billion. For the fiscal year 2009, the group raised its funds from operation range to $0.46 - $0.51 per share, compared with Street view of $0.52.

Independent oil and gas company Devon Energy Corp. (DVN) would unveil quarterly results before the bell Wednesday, as analysts look for $1.25 per share on revenues of $2.21 billion. In the comparable period last year, the company reported earning of $0.64 per share and revenues of $2.71 billion.

Mayfield Heights, Ohio-based Brush Engineered Materials Inc. (BW) is set to report quarterly results Thursday, as analysts expect earnings $0.05 per share on revenues of $197.50 million. While announcing its prior-quarter results, the group predicted fourth-quarter revenues in the range of $195.0 million to $205.0 million. In the prior-year period, the group earned $0.16 per share on revenues of $196.29 million.

Wednesday, after the bell, world's largest PC maker Hewlett-Packard Co. (HPQ) is slated to release first-quarter results, with Wall Street predicting $1.05 per share on revenues of $29.93 billion. The Palo Alto, California-based Dow component earned $0.93 per share on revenues of $28.80 billion, last year. Along with its prior-quarter results, HP reiterated its first quarter non-GAAP earnings view of $1.03 - $1.05 per share, on revenues of $29.6 billion - $29.9 billion.

According to analysts, Norwood, Massachusetts-based chipmaker Analog Devices Inc. (ADI) is expected to earn $0.38 per share, on revenues of $573.50 million, for the first-quarter. The company anticipates earnings from continuing operations of about $0.36 - $0.37 per share, excluding items, while predicting flat revenues quarter-over-quarter. The group, which would report first quarter earnings after the bell, Wednesday, earned $0.18 per share, on revenues of $476.57 million, a year ago.

From the world's biggest semiconductor equipment maker Applied Materials, Inc. (AMAT), Wall Street expects first-quarter earnings of $0.13 per share, on revenues of $1.75 billion. During a conference call with analysts, the group provided non-GAAP earnings outlook of $0.10 - $0.14 per share and revenue guidance of $1.68 billion - $1.91 billion. A year earlier, it lost $0.02 per share on revenues of $1.33 billion.

Oklahoma City, Oklahoma-based upstream oil company Chesapeake Energy Corp. (CHK) would report quarterly earnings after the bell, Wednesday, with analysts looking for $0.69 per share of earnings, on revenues of $2.00 billion. A year ago, the company earned $0.73 per share on revenues of $2.98 billion.

Data storage equipment maker NetApp Inc. (NTAP) is scheduled to publish third-quarter results after the market closes Wednesday, with the Street forecasting earnings of $0.38 per share on revenues of $952.21 million. The group sees non-GAAP earnings between $0.36 - $0.37 per share on revenues of $935 million - $955 million. In the prior-year period, it earned $0.28 per share on revenues of $874.34 million.

For auto parts retailer O'Reilly Automotive, Inc. (ORLY), analysts forecast quarterly earnings of $0.51 per share on revenues of $1.19 billion, while the company projects earnings between $0.47 and $0.51 per share. The group, scheduled to report quarterly earnings after the market closes Wednesday, earned $0.37 per share, on revenues of $1.11 billion, in the previous year. The group boosted its full-year earnings range to $2.21 - $2.25 per share, while consensus call for $2.24 per share.

Graphics chip maker Nvidia Corp. (NVDA) is slated to reveal quarterly numbers after the bell, Wednesday, with analysts anticipating $0.18 per share, on revenues of $939.06 million. In the year-ago period, it lost $0.18 per share on revenues of $481.14 million. The group expects fourth-quarter revenue of about $921.27 million.

Online travel company Priceline.com Inc. (PCLN) would report quarterly results after the bell, Wednesday, with consensus calling for earnings of $1.68 per share on revenues of $529.79 million. The company earned $1.29 per share, on revenues of $406.04 million, in the prior-year. The group expects fourth-quarter pro-forma net income in the range of $1.52 - $1.62 per share, with year-over-year increase in revenue of about 24% to 28%.

Natural gas-focused energy company Questar Corp. (STR) is set to report quarterly results after the bell, Wednesday, with consensus calling for fourth-quarter earnings of $0.68 per share on revenues of $773.89 million. For the full-year 2009, the company lifted its earnings view to range between $2.45 and $2.55 per share, while the Street sees $2.68 per share.

Advance Auto Parts Inc. (AAP), Auxilium Pharmaceuticals Inc. (AUXL), Cimarex Energy Co. (XEC), Cliffs Natural Resources Inc. (CLF), Dollar Thrifty Automotive Group Inc. (DTG), Franklin Electric Co. Inc. (FELE), FreightCar America Inc. (RAIL), IAMGOLD Corp. (IAG), Koppers Holdings Inc. (KOP), Kinross Gold Corporation (KGC), Martha Stewart Living Omnimedia Inc. (MSO), Nationwide Health Properties Inc. (NHP), OfficeMax Inc. (OMX), Owens Corning (OC), Synopsys Inc. (SNPS), Terex Corp. (TEX), Winn-Dixie Stores Inc. (WINN) and many others would release results, Wednesday.

February 18

Thursday, before the bell, electricity and natural gas utility Public Service Enterprise Group Inc. (PEG) is scheduled to reveal quarterly financials, with analysts looking for $0.60 per share on revenues of $3.81 billion. The Dow cohort from Newark, New Jersey earned $0.49 per share, on revenues of $3.26 billion, a year before.

During its prior-quarter reporting, the group noted that for the full-year, the cooler than normal weather and continued weak economic conditions will continue to make it difficult to meet the upper end of its 2009 earnings guidance range of $3.00 - $3.25 per share. Analysts are looking for $3.09 per share.

Retail giant Wal-Mart Stores, Inc. (WMT) would unveil quarterly numbers before the bell Thursday, with analysts projecting earnings of $1.12 per share on revenues of $114.51 billion. The retailer expects to post earnings per share from continuing operations of $1.08 - $1.12. A year earlier, it earned $1.03 per share on revenues of $109.12 billion. For fiscal 2010, earnings per share from continuing operations are expected to be $3.57 - $3.61, while Street views earnings of $3.61 per share.

Another Dow component Williams Companies, Inc. (WMB) is set to reveal quarterly earnings before the bell, Thursday, with analysts predicting earnings of $0.33 per share on revenues of $2.34 billion. The Tulsa, Oklahoma-based natural gas producer earned $0.33 per share, on revenues of $2.20 billion, in the previous year. The group raised its recurring adjusted earnings guidance to range between $0.95 - $1.00 per share, while Street consensus is for $1.00 per share.

Public utility holding company Ameren Corp. (AEE) would publish fourth-quarter results before the bell Thursday, as analysts look for $0.27 per share on revenues of $1.92 billion. The company earned $0.45 per share on revenues of $1.91 billion, in the prior-year quarter. For the fiscal 2009, the group raised its core earnings view of $2.70 - $2.90 per share, while Wall Street foresees $2.72 per share.

Oil and gas company Apache Corp. (APA) will report quarterly results before the bell, Thursday, with analysts estimates calling for $1.96 per share on revenues of $2.53 billion. In the comparable period last year, it earned $0.82 per share on revenues of $1.94 billion.

Plano, Texas-based upstream oil company Denbury Resources Inc. (DNR) is set to publish quarterly results before the market opens Thursday, as analysts foresee earnings of $0.18 per share on revenues of $264.15 million. A year ago, it earned $0.14 per share on revenues of $223.90 million.

El Segundo, California-based provider of digital television entertainment DirecTV Group, Inc. (DTV) will publish its quarterly results before the bell, Thursday. The Street is looking for earnings of $0.42 per share on revenues of $5.92 billion. In the same period of previous year, it earned $0.32 per share on revenues of $5.31 billion.

According to the Street analysts, Goodyear Tire & Rubber Co. (GT) is expected to incur fourth-quarter loss of $0.09 per share on revenues of $4.20 billion. The group which is to report before the bell, Thursday, posted a loss of $1.18 per share on revenues of $4.14 billion, in the previous year.

From independent energy company Noble Energy, Inc. (NBL), Wall Street expects quarterly earnings of $1.03 per share on revenues of $766.00 million. Last year, it earned $0.91 per share on revenues of $690.0 million. The Houston, Texas-based company will report earnings before the bell Thursday.

Patterson Companies, Inc. (PDCO) of St. Paul, Minnesota is slated to report third-quarter numbers before the bell Thursday, as analysts forecast earnings of $0.47 per share on revenues of $832.11 million. In the year-ago period, the provider of dental and veterinary products earned $0.45 per share, on revenues of $811.02 million.

German automaker Daimler AG (DAI) is scheduled to report quarterly earnings before the bell on February 18. According to one analyst, earnings are expected to be $0.02 per share on revenues of $19.72 billion. In the earlier-year period, the group earned $1.75 per share on revenues of $23.24 billion.

Austin, Minnesota-based meat producer Hormel Foods Corp. (HRL) is due to report first-quarter results before the bell Thursday, as analysts look for earnings of $0.69 per share on revenues of $1.67 billion. It earned $0.60 per share on revenues of $1.69 billion in the same period of last year.

According to the Street view, Constellation Energy Partners LLC (CEP) is expected to post narrower fourth-quarter loss of $0.10 per share, versus $0.23 per share a year ago. Top-line is predicted by analysts to be $30.55 million, compared with $32.60 million reported in the prior year. The group is slated to report the results before the bell Thursday.

Telecommunications provider Windstream Corp. (WIN) would reveal quarterly financials before the bell, Thursday, with analysts forecasting earnings of $0.20 per share on revenues of $739.03 million. In the previous year, it earned $0.25 per share, on revenues of $777.50 million.

Thursday, before the bell, healthcare real estate investment trust Ventas, Inc. (VTR) would check in quarterly results, as analysts predict $0.65 per share. on revenues of $235.41 million. A year ago, it earned $0.66 per share, on revenues of $233.96 million. For 2009, the company expects higher normalized funds from operations of $2.67 - $2.68 per share, while consensus call for $2.66 per share.

Thursday, after the market closes, the United States' top PC vendor Dell Inc. (DELL) would unveil fourth-quarter financial performance, with Wall Street projecting $0.27 per share earnings, on revenues of $13.81 billion. A year earlier, the company earned $0.29 per share, on revenues of $13.43 billion.

From New York-based mass media company CBS Corp. (CBS), the Street analysts look for quarterly earnings of $0.25 per share on revenues of $3.47 billion. The group, which would report results after the bell Thursday, earned $0.34 per share in the year-ago quarter, on revenues of $3.41 billion.

Business and financial management solutions provider Intuit Inc. (INTU) would release second-quarter numbers after the bell, Thursday, as analysts look for $0.32 per share on revenues of $817.46 million. The group sees quarterly non-GAAP earnings of $0.29 - $0.32 per share on revenues of $800 million - $835 million. In the year-ago period, it earned $0.34 per share on revenues of $790.98 million.

Thursday, after the bell, specialty apparel retailer Dress Barn, Inc. (DBRN) is set to reveal second-quarter results, with consensus estimate calling for earnings of $0.28 per share on revenues of $594.10 million. A year before, it lost $0.02 per share, on revenues of $343.20 million.

Thursday's earnings schedule includes Arbitron Inc. (ARB), Barnes Group Inc. (B), Barrick Gold Corp. (ABX), Canadian Natural Resources Limited (CNQ), DryShips, Inc. (DRYS), Fairfax Financial Holdings Limited (FFH), Gen-Probe Inc. (GPRO), Heartland Payment Systems, Inc. (HPY), Ingram Micro Inc. (IM),Pride International Inc. (PDE), Playboy Enterprises Inc. (PLA),Regal Entertainment Group (RGC), Reliance Steel & Aluminum Co. (RS), Sapient Corp. (SAPE), Silver Wheaton Corp. (SLW), Swift Energy Co. (SFY), Terra Industries Inc. (TRA), United Therapeutics Corp. (UTHR), WellCare Health Plans, Inc. (WCG), Williams Partners L.P. (WPZ), WebMD Health Corp. (WBMD) and many others...

February 19

Friday, before the bell, electricity utility firm PG & E Corp. (PCG) is due to publish fourth-quarter results, with Wall Street looking for $0.74 per share of earnings, on revenues of $3.87 billion. In the corresponding period a year earlier, it earned $0.70 per share on revenues of $3.64 billion. The Dow component sees full-year earnings from operations in the range of $3.15 - $3.25 per share, while analysts forecast $3.18 per share.

For department stores operator J. C. Penney Company, Inc. (JCP), analysts project quarterly earnings of $0.82 per share, on revenues of $5.53 billion. In the earlier-year period, it earned $0.94 per share on revenues of $5.76 billion. The Plano, Texas-based group, which is scheduled to announce fourth-quarter results before the bell Friday, expects to report earnings of $0.77 - $0.82 per share for the quarter. The company foresees earnings per share of $1.00 - $1.05 for the full year, with analysts looking for earnings per share of $1.06.

Electric utility Pinnacle West Capital Corp. (PNW) is slated to report quarterly performance before the bell, Friday, as the Street views loss per share of $0.11, on revenues of $613.76 million. In the previous year quarter, the company lost $0.10 per share, on revenues of $686.42 million. The company backed its on-going consolidated earnings for 2009 to be within a reasonable range around $2.30 per share, while consensus call for $2.33 per share.

Other companies to check in results, Friday include Amerigroup Corporation (AGP), American Woodmark Corp. (AMWD), Brady Corp. (BRC), Brookfield Asset Management Inc. (BAM), HMS Holdings Corp. (HMSY), Interline Brands Inc. (IBI), Lifepoint Hospitals Inc. (LPNT), Penske Automotive Group, Inc. (PAG), Ruth's Hospitality Group Inc. (RUTH), StarTek, Inc. (SRT), Shire plc (SHPGY), Tim Hortons Inc. (THI) and many more....

Stay tuned...

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