3 Stock Earnings Release to Watch This Week

SPX Corp (NYSE:SPW) will unveil its latest earnings on Thursday, February 16, 2012. The average analyst estimate is for profit of $1.76 per share, a rise of 55.8% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.81. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 20.7% compared to last year’s $4.37.

The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of $1.21 per share against the mean estimate of $1.09. In the prior quarter, the company reported profit of 91 cents. Analysts are projecting a rise of 14.4% in revenue from the year-earlier quarter to $1.51 billion.

Competitors to Watch: Dover Corporation (NYSE:DOV), IDEX Corporation (NYSE:IEX), General Electric Company (NYSE:GE), Flowserve Corporation (NYSE:FLS), Dynasil Corp. of America (NASDAQ:DYSL), Kennametal Inc. (NYSE:KMT), Hardinge Inc. (NASDAQ:HDNG), Rofin-Sinar Technologies (NASDAQ:RSTI), Emerson Electric Co. (NYSE:EMR).

Builders FirstSource, Inc. (NASDAQ:BLDR) will unveil its latest earnings on Thursday, February 16, 2012. The average estimate of analysts is for a loss of 12 cents per share, a narrower loss from the year-earlier quarter net loss of 15 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net loss of 7 cents per share versus a mean estimate of a loss of 7 cents per share. In the second quarter, the company beat estimates by 3 cents. Analysts predict a rise of 20.4% in revenue from the year-earlier quarter to $177.1 million.

Competitors to Watch: The Home Depot, Inc. (NYSE:HD), Lowe’s Companies, Inc. (NYSE:LOW), Lumber Liquidators Hldgs., Inc. (NYSE:LL), BlueLinx Holdings Inc. (NYSE:BXC), Tractor Supply Company (NASDAQ:TSCO).

Waste Management, Inc. (NYSE:WM) will unveil its latest earnings on Thursday, February 16, 2012. The average analyst estimate is for net income of 61 cents per share, a rise of 1.7% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 1.4% compared to last year’s $2.11.

Last quarter, the company topped expectations by 2 cents, coming in at profit of 63 cents per share versus a mean estimate of net income of 61 cents per share. This followed two straight quarters of missing estimates. Analysts predict a rise of 5% in revenue from the year-earlier quarter to $3.35 billion.

Competitors to Watch: Republic Services, Inc. (NYSE:RSG), Waste Connections, Inc. (NYSE:WCN), Stericycle, Inc. (NASDAQ:SRCL), WCA Waste Corporation (NASDAQ:WCAA), Casella Waste Systems Inc. (NASDAQ:CWST), Perma-Fix Environmental Services, Inc. (NASDAQ:PESI), Clean Harbors, Inc. (NYSE:CLH), Veolia Environnement (NYSE:VE), US Ecology Inc. (NASDAQ:ECOL), and Avalon Holdings Corp. (AMEX:AWX).

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