2 Tech Stocks Investors are Watching Before Earnings

Teradata Corp. (NYSE:TDC) will unveil its latest earnings on Thursday, November 3, 2011. The average estimate of analysts is for profit of 53 cents per share, a rise of 20.5% 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 52 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 20.3% versus last year to $2.13.

Last quarter, the company came in at net income of 57 cents per share against a mean estimate of profit of 52 cents per share, beating estimates after missing them in the previous quarter. In the first quarter, it missed forecasts by 2 cents. Analysts are projecting a rise of 19% in revenue from the year-earlier quarter to $581.8 million.

Competitors to Watch: Intl. Business Machines Corp. (NYSE:IBM), Oracle Corporation (NASDAQ:ORCL), CA, Inc. (NASDAQ:CA), Microsoft Corporation (NASDAQ:MSFT), MicroStrategy Incorporated (NASDAQ:MSTR), Progress Software Corp. (NASDAQ:PRGS), SAP AG (NYSE:SAP), Datawatch Corporation (NASDAQ:DWCH), Informatica Corporation (NASDAQ:INFA), and Tibco Software Inc. (NASDAQ:TIBX).

Microchip Technology, Inc. (NASDAQ:MCHP) will unveil its latest earnings on Thursday, November 3, 2011. The average estimate of analysts is for net income of 44 cents per share, a decline of 22.8% 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 48 cents. Between one and three months ago, the average estimate moved up. It has dropped from 49 cents during the last month. For the year, analysts are projecting profit of $1.80 per share, a decline of 18.9% from last year.

Last quarter, the company fell short of estimates by 0 cents, coming in at net income of 49 cents per share against a mean estimate of profit of 50 cents. The company fell in line with expectations in the fourth quarter of the last fiscal year. On average, analysts predict $343.4 million in revenue this quarter, a decline of 10.2% from the year ago quarter. Analysts are forecasting total revenue of $1.41 billion for the year, a decline of 5.4% from last year’s revenue of $1.49 billion.

Competitors to Watch: Texas Instruments Inc. (NYSE:TXN), Analog Devices, Inc. (NYSE:ADI), ON Semiconductor Corp. (NASDAQ:ONNN), Atmel Corporation (NASDAQ:ATML), Linear Technology Corp. (NASDAQ:LLTC), IXYS Corporation (NASDAQ:IXYS), Semtech Corporation (NASDAQ:SMTC), STMicroelectronics N.V. (NYSE:STM), Maxim Integrated Products Inc. (NASDAQ:MXIM), and Intel Corporation (NASDAQ:INTC).