2 Stocks Pulling Back Prior to Earnings Reports

The Coca-Cola Company (NYSE:KO) will unveil its latest earnings on Tuesday, February 7, 2012. The average estimate of analysts is for profit of 77 cents per share, a rise of 6.9% 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 9.5% versus last year to $3.82.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 2 cents, reporting net income of $1.03 per share against a mean estimate of profit of $1.01. In the second quarter, the company exceeded forecasts by one cent with net income of $1.17 versus a mean estimate of profit of $1.16. On average, analysts predict $10.99 billion in revenue this quarter, a rise of 4.7% from the year ago quarter. Analysts are forecasting total revenue of $46.5 billion for the year, a rise of 32.4% from last year’s revenue of $35.12 billion.

Competitors to Watch: PepsiCo, Inc. (NYSE:PEP), Dr Pepper Snapple Group Inc. (NYSE:DPS), Hansen Natural Corporation (NASDAQ:HANS), Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF), Coca-Cola Enterprises Inc. (NYSE:CCE), Heckmann Corporation (NYSE:HEK), National Beverage Corp. (NASDAQ:FIZZ), Jones Soda Co. (NASDAQ:JSDA), Celsius Holdings, Inc. (NASDAQ:CELH), and Cott Corporation (NYSE:COT).

Church & Dwight Co., Inc. (NYSE:CHD) will unveil its latest earnings on Tuesday, February 7, 2012. The average estimate of analysts is for profit of 51 cents per share, a rise of 18.6% 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 $2.19 per share, a rise of 10.6% from last year.

Last quarter, the company beat estimates by one cent, coming in at profit of 54 cents per share against an estimate of net income of. The company also topped expectations in the second quarter. On average, analysts predict $694.3 million in revenue this quarter, a rise of 5.7% from the year ago quarter. Analysts are forecasting total revenue of $2.71 billion for the year, a rise of 4.6% from last year’s revenue of $2.59 billion.

Competitors to Watch: The Procter & Gamble Co. (NYSE:PG), The Clorox Company (NYSE:CLX), Colgate-Palmolive Company (NYSE:CL), Zep, Inc. (NYSE:ZEP), and PC Group, Inc. (PCGR).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com