2 Stocks Develop Trading Interest Before Earnings

NVIDIA Corporation (NASDAQ:NVDA) will unveil its latest earnings on Thursday, November 10, 2011. The average estimate of analysts is for net income of 26 cents per share, a rise of 73.3% 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 27 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 26 cents during the last month. Analysts are projecting profit to rise by 52.3% versus last year to 99 cents.

Last quarter, the company beat estimates by one cent, coming in at profit of 26 cents a share versus the estimate of net income of 25 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 25.6% in revenue from the year-earlier quarter to $1.06 billion.

Competitors to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Intel Corporation (NASDAQ:INTC), Texas Instruments Inc. (NYSE:TXN), Broadcom Corporation (NASDAQ:BRCM), QUALCOMM, Inc. (NASDAQ:QCOM), Microsoft Corporation (NASDAQ:MSFT), Silicon Image, Inc. (NASDAQ:SIMG), Pixelworks, Inc. (NASDAQ:PXLW), Marvell Tech. Group Ltd. (NASDAQ:MRVL), and ARM Holdings plc (NASDAQ:ARMH).

D.R. Horton, Inc. (NYSE:DHI) will unveil its latest earnings on Friday, November 11, 2011. The average estimate of analysts is for profit of 15 cents per share, a swing from a loss of 3 cents in the year earlier quarter. During the past three months, the average estimate has moved up from 14 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 15 cents during the last month. For the year, analysts are projecting net income of 27 cents per share, a decline of 10% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported profit of 9 cents per share against a mean estimate of net income of 5 cents per share. In the second quarter, it missed forecasts by one cent. Analysts are projecting a rise of 13.9% in revenue from the year-earlier quarter to $1.08 billion.

Competitors to Watch: PulteGroup, Inc. (NYSE:PHM), KB Home (NYSE:KBH), Lennar Corporation (NYSE:LEN), Toll Brothers, Inc. (NYSE:TOL), The Ryland Group, Inc. (NYSE:RYL), NVR, Inc. (NYSE:NVR), M.D.C. Holdings, Inc. (NYSE:MDC), Standard Pacific Corp. (NYSE:SPF), Orleans Homebuilders (OHBIQ), and Meritage Homes Corporation (NYSE:MTH).

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