3 Consumer Stocks Seeing Higher Trade Activity Ahead of Earnings

Denny’s Corp (NASDAQ:DENN) will unveil its latest earnings on Monday, April 30, 2012. The average analyst estimate is for net income of 5 cents per share, a decline of 16.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 7 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 5 cents during the last month. For the year, analysts are projecting profit of 28 cents per share, a decline of 15.2% from last year.

The company topped forecasts last quarter after being in line with estimates the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of 9 cents per share versus a mean estimate of 8 cents. Two quarters ago, it reported profit of 10 cents per share. On average, analysts predict $127.9 million in revenue this quarter, a decline of 5.8% from the year-ago quarter. Analysts are forecasting total revenue of $503.6 million for the year, a decline of 6.5% from last year’s revenue of $538.5 million.

Herbalife Ltd. (NYSE:HLF) will unveil its latest earnings on Monday, April 30, 2012. The average analyst estimate is for profit of 81 cents per share, a rise of 14.1% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 78 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 81 cents during the last month. For the year, analysts are projecting net income of $3.64 per share, a rise of 10% from last year.

Last quarter, the company beat estimates by 13 cents, coming in at profit of 86 cents a share versus the estimate of net income of 73 cents a share. It marked the fourth straight quarter of beating estimates. Analysts predict a rise of 12.3% in revenue from the year-earlier quarter to $892.9 million.

Harman International Industries, Inc. (NYSE:HAR) will unveil its latest earnings on Monday, April 30, 2012. The average estimate of analysts is for profit of 66 cents per share, a rise of 10% 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 moved up. It has dropped from 68 cents during the last month. For the year, analysts are projecting net income of $2.82 per share, a rise of 35.6% from last year.

The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 83 cents per share against a mean estimate of net income of 76 cents, and the quarter before, the company exceeded forecasts by 19 cents with profit of 69 cents versus a mean estimate of net income of 50 cents. Analysts are projecting a rise of 9.7% in revenue from the year-earlier quarter to $1.04 billion.