2 Stocks Generating Trading Demand Before Earnings
Aeropostale, Inc. (NYSE:ARO) will unveil its latest earnings on Wednesday, November 30, 2011. The average estimate of analysts is for profit of 27 cents per share, a decline of 59.7% 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 12 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. For the year, analysts are projecting net income of 87 cents per share, a decline of 65.7% from last year.
Last quarter, the company topped estimates by 0 cents, coming in at a loss of 2 cents per share against a mean estimate of net loss of 3 cents. The company fell in line with estimates in the first quarter. Analysts are projecting a decline of 4.4% in revenue from the year-earlier quarter to $576.4 million.
Competitors to Watch: Pacific Sunwear of California, Inc. (NASDAQ:PSUN), Zumiez Inc. (NASDAQ:ZUMZ), Abercrombie & Fitch Co. (NYSE:ANF), American Eagle Outfitters (NYSE:AEO), Express, Inc. (NYSE:EXPR), The Gap Inc. (NYSE:GPS), The Buckle, Inc. (NYSE:BKE), Body Central Acquisition Corp. (NASDAQ:BODY), The Wet Seal, Inc. (NASDAQ:WTSLA), and Casual Male Retail Group, Inc. (NASDAQ:CMRG).
Finisar Corp (NASDAQ:FNSR) will unveil its latest earnings on Wednesday, November 30, 2011. The average estimate of analysts is for profit of 18 cents per share, a decline of 53.8% from the company’s actual earnings for the same quarter a year ago. Analysts are projecting profit to rise by 22.1% versus last year to 83 cents.
On average, analysts predict $242.1 million in revenue this quarter, a rise of 0.5% from the year ago quarter. Analysts are forecasting total revenue of $979.5 million for the year, a rise of 3.2% from last year’s revenue of $948.8 million.
Competitors to Watch: JDS Uniphase Corporation (NASDAQ:JDSU), Oclaro, Inc. (NASDAQ:OCLR), Oplink Communications, Inc (NASDAQ:OPLK), NeoPhotonics Corp (NPTN), MRV Communications, Inc. (MRVC), EMCORE Corporation (NASDAQ:EMKR), Opnext, Inc. (NASDAQ:OPXT), Alliance Fiber Optic Products, Inc. (NASDAQ:AFOP), Cisco Systems, Inc. (NASDAQ:CSCO), and Arris Group, Inc. (NASDAQ:ARRS).