2 Stocks Lightning Up Trading Screens Before Earnings

Applied Materials, Inc. (NASDAQ:AMAT) will unveil its latest earnings on Thursday, February 16, 2012. The average analyst estimate is for net income of 12 cents per share, a decline of 66.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 18 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 12 cents during the last month. Analysts are projecting profit to rise by 38.5% compared to last year’s 80 cents.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 21 cents per share against a mean estimate of net income of 20 cents per share. Analysts are projecting a decline of 26.8% in revenue from the year-earlier quarter to $1.97 billion.

Competitors to Watch: Novellus Systems, Inc. (NASDAQ:NVLS), KLA-Tencor Corporation (NASDAQ:KLAC), Lam Research Corporation (NASDAQ:LRCX), Mattson Technology, Inc. (NASDAQ:MTSN), FSI International, Inc. (NASDAQ:FSII), Tegal Corporation (NASDAQ:TGAL), Axcelis Technologies, Inc. (NASDAQ:ACLS), Ultratech, Inc. (NASDAQ:UTEK), CVD Equipment Corporation (NASDAQ:CVV), and ASM Intl. N.V. (NASDAQ:ASMI).

Baidu.com, Inc. (NASDAQ:BIDU) will unveil its latest earnings on Thursday, February 16, 2012. The average estimate of analysts is for net income of 90 cents per share, a rise of 80% 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 89 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 93.5% versus last year to $2.96. Past

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 84 cents per share against a mean estimate of net income of 83 cents per share.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Sohu.com Inc. (NASDAQ:SOHU), SINA Corporation (NASDAQ:SINA), Yahoo! Inc. (NASDAQ:YHOO), NetEase.com, Inc. (NASDAQ:NTES), InfoSpace, Inc. (NASDAQ:INSP), Microsoft Corporation (NASDAQ:MSFT), Youku.com Inc (NYSE:YOKU), and AOL, Inc. (NYSE:AOL).