3 Big Companies Attracting Shareholder Interest Prior to Earnings

General Electric Company (NYSE:GE) will unveil its latest earnings on Friday, January 20, 2012. The average estimate of analysts is for net income of 38 cents per share, a rise of 5.6% 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 40 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 38 cents during the last month. For the year, analysts are projecting profit of $1.34 per share, a rise of 16.5% from last year.

Last quarter, the company saw net income of 31 cents per share versus a mean estimate of profit of 31 cents per share. This comes after two consecutive quarters of exceeding expectations. On average, analysts predict $40.18 billion in revenue this quarter, a decline of 2.9% from the year ago quarter. Analysts are forecasting total revenue of $149.34 billion for the year, a decline of 0.6% from last year’s revenue of $150.21 billion.

Competitors to Watch: Siemens AG (NYSE:SI), 3M Company (NYSE:MMM), Hitachi, Ltd. (NYSE:HIT), United Technologies Corp. (NYSE:UTX), Koninklijke Philips Electronics NV (NYSE:PHG), Honeywell Intl. Inc. (NYSE:HON), Danaher Corporation (NYSE:DHR), Textron Inc. (NYSE:TXT), OSI Systems, Inc. (NASDAQ:OSIS), and Bio-Rad Laboratories, Inc.
(NYSE:BIO).

Schlumberger, Limited (NYSE:SLB) will unveil its latest earnings on Friday, January 20, 2012. The average estimate of analysts is for profit of $1.10 per share, a rise of 29.4% 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 $1.19. Between one and three months ago, the average estimate moved down. It also has dropped from $1.12 during the last month. Analysts are projecting profit to rise by 27.6% versus last year to $3.65.

Last quarter, the company fell short of estimates by 2 cents, coming in at net income of 98 cents per share against a mean estimate of profit of $1.01. The company topped expectations in the second quarter. Analysts are projecting a rise of 19.1% in revenue from the year-earlier quarter to $10.8 billion.

Competitors to Watch: Halliburton Company (NYSE:HAL), Weatherford Intl. Ltd. (NYSE:WFT), Baker Hughes Incorporated (NYSE:BHI), National-Oilwell Varco, Inc. (NYSE:NOV), Allis-Chalmers Energy Inc. (NYSE:ALY), Complete Production Services, Inc. (NYSE:CPX), Petroleum Geo-Services ASA (PGSVY), TETRA Technologies, Inc. (NYSE:TTI), and Recon Technology, Ltd. (NASDAQ:RCON).

Parker Hannifin Corp (NYSE:PH) will unveil its latest earnings on Friday, January 20, 2012. The average estimate of analysts is for profit of $1.63 per share, a rise of 17.3% 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 $1.59. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.63 during the last month. For the year, analysts are projecting net income of $7.47 per share, a rise of 17.3% from last year.

Last quarter, the company came in at profit of $1.91 per share against a mean estimate of net income of $1.70 per share, beating estimates after missing them in the previous quarter. In the fourth quarter of the last fiscal year, it missed forecasts by one cent. On average, analysts predict $3.09 billion in revenue this quarter, a rise of 7.7% from the year ago quarter. Analysts are forecasting total revenue of $13.16 billion for the year, a rise of 6.6% from last year’s revenue of $12.35 billion.
Competitors to Watch: Actuant Corporation (NYSE:ATU), Crane Co. (NYSE:CR), Sun Hydraulics Corporation (NASDAQ:SNHY), Omega Flex, Inc. (NASDAQ:OFLX), IMI plc (IMI), and Eaton Corporation (NYSE:ETN).