2 Stocks Lighting Up Trading Screens Before Earnings

JPMorgan Chase & Co. (NYSE:JPM) will unveil its latest earnings on Thursday October 13, 2011. The average estimate of analysts is for profit of 98 cents per share, a decline of 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 $1.20. Between one and three months ago, the average estimate moved up. It has dropped from $1.21 during the last month.

Analysts are projecting profit to rise by 18.7% versus last year to $4.70. The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 6 cents, reporting net income of $1.27 per share against a mean estimate of profit of $1.21 per share. Analysts are projecting a decline of 2.5% in revenue from the year-earlier quarter to $23.73 billion.

Competitors to Watch: Bank of America Corp. (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), Citigroup Inc. (NYSE:C), Goldman Sachs Group, Inc. (NYSE:GS), Deutsche Bank AG (NYSE:DB), Morgan Stanley (NYSE:MS), U.S. Bancorp (NYSE:USB), SunTrust Banks, Inc. (NYSE:STI), UBS AG (NYSE:UBS), and KeyCorp (NYSE:KEY).

PepsiCo, Inc (NYSE:PEP) will unveil its latest earnings on Wednesday, October 12, 2011. The average estimate of analysts is for profit of $1.30 per share, a rise of 6.6% 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 $1.35. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.30 during the last month.

For the year, analysts are projecting net income of $4.41 per share, a rise of 6.8% from last year. Last quarter, the company saw profit of $1.21 per share versus a mean estimate of net income of $1.21 per share. This comes after two consecutive quarters of exceeding expectations. On average, analysts predict $17.27 billion in revenue this quarter, a rise of 11.3% from the year ago quarter. Analysts are forecasting total revenue of $66.37 billion for the year, a rise of 14.7% from last year’s revenue of $57.84 billion.

Competitors to Watch: The Coca-Cola Company (NYSE:KO), Dr Pepper Snapple Group Inc. (NYSE:DPS), Coca-Cola Enterprises Inc. (NYSE:CCE), Hansen Natural Corporation (NASDAQ:HANS), Reed’s, Inc. (NASDAQ:REED), Cott Corporation (NYSE:COT), National Beverage Corp. (NASDAQ:FIZZ), Jones Soda Co. (NASDAQ:JSDA), Celsius Holdings, Inc. (NASDAQ:CELH), and Fomento Economico Mexicano SAB (NYSE:FMX).

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