2 Consumer Stocks Lighting Up Trading Screens Before Earnings

Safeway, Inc. (NYSE:SWY) will unveil its latest earnings on Thursday, October 13, 2011. The average estimate of analysts is for net income of 35 cents per share, no change 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 37 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 36 cents during the last month. For the year, analysts are projecting profit of $1.69 per share, a rise of 7.6% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting net income of 41 cents per share against a mean estimate of profit of 39 cents per share. Analysts are projecting a rise of 4.7% in revenue from the year-earlier quarter to $9.84 billion.

Competitors to Watch: The Kroger Co. (NYSE:KR), Whole Foods Market, Inc. (NASDAQ:WFM), SUPERVALU INC. (NYSE:SVU), Winn-Dixie Stores, Inc. (NASDAQ:WINN), The Fresh Market Inc (NASDAQ:TFM), Arden Group, Inc. (NASDAQ:ARDNA), Ingles Markets, Inc. (NASDAQ:IMKTA), Target (NYSE:TGT), and Walmart (NYSE:WMT).

Mattel, Inc. (NASDAQ:MAT) will unveil its latest earnings on Friday, October 14, 2011. The average estimate of analysts is for net income of 86 cents per share, a rise of 11.7% 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 85 cents. Between one and three months ago, the average estimate moved up. It has dropped from 87 cents during the last month. Analysts are projecting profit to rise by 15.1% versus last year to $2.14.

The company topped forecasts last quarter after being in line with estimates the quarter prior. In the second quarter, it reported profit of 23 cents per share versus a mean estimate of 16 cents. Two quarters ago, it reported net income of 5 cents per share. Analysts are projecting a rise of 7.7% in revenue from the year-earlier quarter to $1.97 billion.

Competitors to Watch: JAKKS Pacific, Inc. (NASDAQ:JAKK), Hasbro, Inc. (NYSE:HAS), Kid Brands Inc (NYSE:KID), LeapFrog Enterprises, Inc. (NYSE:LF), and Casdon plc (AMEX:CDY).

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