2 Stocks Generating Trading Interest Ahead of Earnings Releases

Joy Global Inc. (NASDAQ:JOY) will unveil its latest earnings on Wednesday, December 14, 2011. The average estimate of analysts is for profit of $1.85 per share, a rise of 33.1% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $5.87 per share, a rise of 33.4% from last year.

The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of $1.54 per share against a mean estimate of net income of $1.51, and the quarter before, the company exceeded forecasts by 17 cents with profit of $1.52 versus a mean estimate of net income of $1.35. On average, analysts predict $1.35 billion in revenue this quarter, a rise of 28.6% from the year ago quarter. Analysts are forecasting total revenue of $4.42 billion for the year, a rise of 25.6% from last year’s revenue of $3.52 billion.

Competitors to Watch: Bucyrus Intl., Inc. (NASDAQ:BUCY), Caterpillar (NYSE:CAT), Deere & Company (NYSE:DE), General Electric Company (NYSE:GE), Astec Industries, Inc. (NASDAQ:ASTE), Columbus McKinnon Corp. (NASDAQ:CMCO), Manitowoc Company, Inc. (NYSE:MTW), Cummins Inc. (NYSE:CMI), CNH Global N.V. (NYSE:CNH), Navistar Intl. Corp. (NYSE:NAV), Terex Corporation (NYSE:TEX), and Lindsay Corporation (NYSE:LNN).

Quiksilver, Inc. (NYSE:ZQK) will unveil its latest earnings on Thursday, December 15, 2011. The average estimate of analysts is for profit of 7 cents per share, a decline of 41.7% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 41.9% versus last year to 18 cents.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the third quarter, it reported net income of 6 cents per share against a mean estimate of 8 cents. Two quarters ago, it beat expectations by 2 cents with profit of 9 cents. On average, analysts predict $527.6 million in revenue this quarter, a rise of 6.6% from the year ago quarter. Analysts are forecasting total revenue of $1.93 billion for the year, a rise of 4.9% from last year’s revenue of $1.84 billion.

Competitors to Watch: Delta Apparel, Inc. (AMEX:DLA), Oxford Industries, Inc. (NYSE:OXM), Volcom, Inc. (NASDAQ:VLCM), Superior Uniform Group, Inc. (NASDAQ:SGC), Perry Ellis Intl., Inc. (NASDAQ:PERY), American Apparel Inc. (AMEX:APP), Cherokee Inc. (NASDAQ:CHKE), Abercrombie & Fitch (NYSE:ANF), Aeropostale (NYSE:ARO), Phillips-Van Heusen Corp. (NYSE:PVH), J.C. Penney (NYSE:JCP), Nordstrom (NYSE:JWN) and Iconix Brand Group, Inc. (NASDAQ:ICON).

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