3 Stocks Building Investor and Trader Interest Ahead of Earnings Releases

Halliburton Company (NYSE:HAL) will unveil its latest earnings on Monday, January 23, 2012. The average estimate of analysts is for net income of 99 cents per share, a rise of 45.6% 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 $1. Between one and three months ago, the average estimate moved down. It has been unchanged at 99 cents during the last month. Analysts are projecting profit to rise by 62.1% versus last year to $3.34.

Last quarter, the company beat estimates by 2 cents, coming in at profit of 94 cents a share versus the estimate of net income of 92 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 32% in revenue from the year-earlier quarter to $6.81 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).

Woodward Inc. (NASDAQ:WWD) will unveil its latest earnings on Monday, January 23, 2012. The average estimate of analysts is for profit of 45 cents per share, a rise of 40.6% 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 47 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 45 cents during the last month. For the year, analysts are projecting net income of $2.29 per share, a rise of 21.2% from last year.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked profit of 60 cents per share versus a mean estimate of net income of 54 cents per share. On average, analysts predict $424.9 million in revenue this quarter, a rise of 16.4% from the year ago quarter. Analysts are forecasting total revenue of $1.92 billion for the year, a rise of 12.3% from last year’s revenue of $1.71 billion.

Competitors to Watch: Parker-Hannifin Corp. (NYSE:PH), General Electric Company (NYSE:GE), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON), Broadwind Energy Inc. (NASDAQ:BWEN), Ocean Power Tech., Inc. (NASDAQ:OPTT), Capstone Turbine Corp. (NASDAQ:CPST), Goodrich Corporation (NYSE:GR), Generac Holdings Inc. (NYSE:GNRC).

CSX Corp (NYSE:CSX) will unveil its latest earnings on Monday, January 23, 2012. The average estimate of analysts is for profit of 44 cents per share, a rise of 15.8% 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 46 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 44 cents during the last month. For the year, analysts are projecting net income of $1.68 per share, a decline of 58.6% from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the third quarter, it reported profit of 43 cents per share against a mean estimate of 44 cents. Two quarters ago, it beat expectations by 2 cents with net income of 46 cents. On average, analysts predict $2.99 billion in revenue this quarter, a rise of 6% from the year ago quarter. Analysts are forecasting total revenue of $11.78 billion for the year, a rise of 10.7% from last year’s revenue of $10.64 billion.

Competitors to Watch: Norfolk Southern Corp. (NYSE:NSC), Union Pacific Corporation (NYSE:UNP), Kansas City Southern (NYSE:KSU), Genesee & Wyoming Inc. (NYSE:GWR), Providence & Worcester Railroad Co. (NASDAQ:PWX), Burlington Northern Santa Fe, LLC (BNI), Canadian National Railway (NYSE:CNI), Canadian Pacific Railway Ltd. (NYSE:CP), and Pioneer Railcorp (PRRR).