2 Stocks on Trading Radars Before Earnings

Rite Aid Corp (NYSE:RAD) will unveil its latest earnings on Thursday, December 15, 2011. The average estimate of analysts is for net loss of 12 cents per share, a wider loss from the year earlier quarter net loss of 9 cents. During the past three months, the average estimate has moved up from a loss of 13 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at a loss of 12 cents during the last month.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting a loss of 12 cents per share, and the previous quarter, it had net loss of 6 cents. Analysts are projecting a rise of 1.5% in revenue from the year-earlier quarter to $6.29 billion.

Competitors to Watch: Walgreen Company (NYSE:WAG), PetMed Express, Inc. (NASDAQ:PETS), GNC Holdings Inc (NYSE:GNC), CVS Caremark Corporation (NYSE:CVS), China Nepstar Chain Drugstore Ltd. (NYSE:NPD), Walmart (NYSE:WMT), Target (NYSE:TGT), Costco (NASDAQ:COST).

MedCath Corp (NASDAQ:MDTH) will unveil its latest earnings on Wednesday, December 14, 2011. The average estimate of analysts is for profit of 6 cents per share, a threefold rise 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 125% versus last year to 18 cents.

For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported a loss of 4 cents per share versus a mean estimate of net income of 9 cents per share. On average, analysts predict $81.3 million in revenue this quarter, a decline of 26.4% from the year ago quarter. Analysts are forecasting total revenue of $359 million for the year, a decline of 18.9% from last year’s revenue of $442.5 million.

Competitors to Watch: Universal Health Services, Inc. (NYSE:UHS), Community Health Systems (NYSE:CYH), Tenet Healthcare Corp. (NYSE:THC), Health Management Associates, Inc. (NYSE:HMA), SunLink Health Systems, Inc. (AMEX:SSY), LifePoint Hospitals, Inc. (NASDAQ:LPNT), Dynacq Healthcare, Inc. (NASDAQ:DYII), Select Medical Hldgs. Corp. (NYSE:SEM), HCA Holdings Inc (NYSE:HCA), and RehabCare Group, Inc. (NYSE:RHB).

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