2 Top Companies Lighting Up Trading Screens Before Earnings

Delta Air Lines, Inc. (NYSE:DAL) will unveil its latest earnings on Monday, October 17, 2011. The average estimate of analysts is for profit of 88 cents per share, a decline of 20% 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. Between one and three months ago, the average estimate moved down. It has risen from 72 cents during the last month. For the year, analysts are projecting net income of $1.03 per share, a decline of 39.8% from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the second quarter, it reported profit of 43 cents per share against a mean estimate of 44 cents. Two quarters ago, it beat expectations by 12 cents with net loss of 38 cents. Analysts are projecting a rise of 8% in revenue from the year-earlier quarter to $9.67 billion.

Competitors to Watch: AMR Corporation (NYSE:AMR), United Continental Hldgs., Inc. (NYSE:UAL), Alaska Air Group, Inc. (NYSE:ALK), US Airways Group, Inc. (NYSE:LCC), Southwest Airlines Co. (NYSE:LUV), JetBlue Airways Corp. (NASDAQ:JBLU), AirTran Holdings, Inc. (NYSE:AAI), Hawaiian Holdings, Inc. (NASDAQ:HA), SkyWest, Inc. (NASDAQ:SKYW), and Air France – KLM (AFLYY).

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Halliburton Company (NYSE:HAL) will unveil its latest earnings on Monday, October 17, 2011. The average estimate of analysts is for profit of 92 cents per share, a rise of 58.6% 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 81 cents. Between one and three months ago, the average estimate moved up. It has risen from 91 cents during the last month. For the year, analysts are projecting net income of $3.36 per share, a rise of 63.1% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 9 cents, reporting profit of 81 cents per share against a mean estimate of net income of 72 cents per share. Analysts are projecting a rise of 36.9% in revenue from the year-earlier quarter to $6.38 billion.

Competitors to Watch: Baker Hughes Incorporated (NYSE:BHI), Schlumberger Limited. (NYSE:SLB), Weatherford Intl. Ltd. (NYSE:WFT), Cameron Intl. Corp. (NYSE:CAM), Complete Production Services, Inc. (NYSE:CPX), TETRA Technologies, Inc. (NYSE:TTI), RPC, Inc. (NYSE:RES), Helix Energy Solutions Group Inc. (NYSE:HLX), Oceaneering International (NYSE:OII), and National-Oilwell Varco, Inc. (NYSE:NOV).