2 Companies Generating Investor Chatter Prior to Earnings

Waters Corp (NYSE:WAT) will unveil its latest earnings on Tuesday, January 24, 2012. The average estimate of analysts is for net income of $1.50 per share, a rise of 8.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.55. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.50 during the last month. Analysts are projecting profit to rise by 16.1% versus last year to $4.75.

Last quarter, the company came in at profit of $1.14 per share against a mean estimate of net income of $1.13 per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 6 cents. Analysts are projecting a rise of 7% in revenue from the year-earlier quarter to $517.5 million.

Competitors to Watch: Bruker Corporation (NASDAQ:BRKR), Dionex Corporation (NASDAQ:DNEX), Transgenomic, Inc. (TBIO), Beckman Coulter, Inc. (NYSE:BEC), PerkinElmer, Inc. (NYSE:PKI), Thermo Fisher Scientific Inc. (NYSE:TMO), Bio-Rad Laboratories, Inc. (NYSE:BIO), Harvard Bioscience, Inc. (NASDAQ:HBIO), Cepheid (NASDAQ:CPHD), and Mettler-Toledo Intl. Inc. (NYSE:MTD).

Cooper Industries plc. (NYSE:CBE) will unveil its latest earnings on Tuesday, January 24, 2012. The average estimate of analysts is for net income of 95 cents per share, a rise of 11.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 94 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 17.6% versus last year to $3.81.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting profit of 98 cents per share, and the previous quarter, it had net income of 96 cents. Analysts are projecting a rise of 7.1% in revenue from the year-earlier quarter to $1.35 billion.

Competitors to Watch: Acuity Brands, Inc. (NYSE:AYI), TE Connectivity Ltd. (NYSE:TEL), Thomas & Betts Corporation (NYSE:TNB), Dover Corporation (NYSE:DOV), Orion Energy Systems, Inc. (NYSE:OESX), Danaher Corporation (NYSE:DHR), Nexxus Lighting, Inc. (NASDAQ:NEXS), and Littelfuse, Inc. (NASDAQ:LFUS).