3 Financial Stocks on Earnings Watch as Reports Due Soon

Genworth Financial Inc. (NYSE:GNW) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 18 cents per share, a swing from net loss of 28 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 24 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 20 cents during the last month. For the year, analysts are projecting profit of 44 cents per share, a rise of 69.2% from last year.

The company is looking to top estimates for the third straight quarter. Last quarter, it reported net income of 21 cents per share against a mean estimate of profit of 20 cents, and the quarter before, the company exceeded forecasts by one cent with a loss of 15 cents versus a mean estimate of net loss of 16 cents. Analysts are projecting a decline of 0.4% in revenue from the year-earlier quarter to $2.58 billion.

Competitors to Watch: CNO Financial Group, Inc. (NYSE:CNO), American National Insurance Co. (NASDAQ:ANAT), AEGON N.V. (NYSE:AEG), MetLife, Inc. (NYSE:MET), Atlantic American Corp. (NASDAQ:AAME), Torchmark Corporation (NYSE:TMK), StanCorp Financial Group, Inc. (NYSE:SFG), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), JP Morgan (NYSE:JPM), Citigroup (NYSE:C), Prudential Financial, Inc. (NYSE:PRU), and Lincoln National Corp. (NYSE:LNC).

MasterCard, Inc. (NYSE:MA) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for profit of $3.91 per share, a rise of 23.7% 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 $3.92. Between one and three months ago, the average estimate moved up. It has dropped from $3.96 during the last month. Analysts are projecting profit to rise by 32.2% versus last year to $18.58.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 82 cents, reporting net income of $5.63 per share against a mean estimate of profit of $4.81 per share. On average, analysts predict $1.73 billion in revenue this quarter, a rise of 20.1% from the year ago quarter. Analysts are forecasting total revenue of $6.71 billion for the year, a rise of 21.1% from last year’s revenue of $5.54 billion.

Competitors to Watch: Visa Inc. (NYSE:V), American Express Company (NYSE:AXP), Discover Financial Services (NYSE:DFS), Fidelity National Information Services (NYSE:FIS), JP Morgan Chase (NYSE:JPM), Green Dot Corporation (NYSE:GDOT), Global Payments Inc. (NYSE:GPN), Wright Express Corporation (NYSE:WXS), Net one UEPS Tech., Inc. (NASDAQ:UEPS), FleetCor Tech., Inc. (NYSE:FLT), and Euronet Worldwide, Inc. (NASDAQ:EEFT).

Principal Financial Group Inc. (NYSE:PFG) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 75 cents per share, a rise of 13.6% 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 73 cents. Between one and three months ago, the average estimate moved up. It has risen from 74 cents during the last month. For the year, analysts are projecting profit of $2.81 per share, a rise of 2.2% from last year.

The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the third quarter, it reported net income of 61 cents per share versus a mean estimate of 71 cents. Two quarters ago, it reported profit of 73 cents per share. Analysts are projecting a decline of 0.5% in revenue from the year-earlier quarter to $2.1 billion.

Competitors to Watch: Unum Group (NYSE:UNM), AFLAC Incorporated (NYSE:AFL), American Independence Corp. (NASDAQ:AMIC), CIGNA Corporation (NYSE:CI), WellPoint, Inc. (NYSE:WLP), Universal American Corp. (NYSE:UAM), Humana Inc. (NYSE:HUM), HealthMarkets, Inc. (NYSE:UCI) and Triple-S Management Corp. (NYSE:GTS).

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