3 Stocks in Earnings Watch Focus Ahead of Releases

Kelly Services, Inc. (NASDAQ:KELYA) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 43 cents per share, a rise of 10.3% 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 45 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 43 cents during the last month. For the year, analysts are projecting profit of $1.61 per share, a rise of 87.2% from last year.

Last quarter, the company beat estimates by 10 cents, coming in at net income of 52 cents a share versus the estimate of profit of 42 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.41 billion in revenue this quarter, a rise of 6% from the year ago quarter. Analysts are forecasting total revenue of $5.56 billion for the year, a rise of 12.3% from last year’s revenue of $4.95 billion.

Competitors to Watch: SFN Group Inc (NYSE:SFN), Barrett Business Services, Inc. (NASDAQ:BBSI), Robert Half Intl. Inc. (NYSE:RHI), Kforce Inc. (NASDAQ:KFRC), TrueBlue, Inc. (NYSE:TBI), ManpowerGroup (NYSE:MAN), Volt Information Sciences, Inc. (NYSE:VOL), and On Assignment, Inc. (NASDAQ:ASGN).

Ryder System, Inc. (NYSE:R) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 97 cents per share, a rise of 49.2% 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 96 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 57.2% versus last year to $3.49.

Last quarter, the company beat estimates by 7 cents, coming in at profit of $1.09 a share versus the estimate of net income of $1.02 a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.54 billion in revenue this quarter, a rise of 17.6% from the year ago quarter. Analysts are forecasting total revenue of $6.05 billion for the year, a rise of 17.7% from last year’s revenue of $5.14 billion.

Competitors to Watch: Pacer International, Inc. (NASDAQ:PACR), J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Northgate plc (NYSE:NTG), Hub Group, Inc. (NASDAQ:HUBG), Avis Budget Group Inc. (NYSE:CAR) and AMERCO (NASDAQ:UHAL).

Stericycle, Inc. (NASDAQ:SRCL) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for profit of 74 cents per share, a rise of 7.2% 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 was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 11.9% versus last year to $2.82.

The company topped forecasts last quarter after being in line with estimates the quarter prior. In the third quarter, it reported net income of 71 cents per share versus a mean estimate of 70 cents. Two quarters ago, it reported profit of 69 cents per share. Analysts are projecting a rise of 12.6% in revenue from the year-earlier quarter to $443 million.

Competitors to Watch: Waste Management, Inc. (NYSE:WM), Republic Services, Inc. (NYSE:RSG), Sharps Compliance Corp. (NASDAQ:SMED), Environmental Waste Intl. Inc. (NYSE:EWS), The TEG Group PLC (NYSE:TEG).

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