3 Stocks Investors Traders are Watching Ahead of Earnings

CBS Corp (NYSE:CBS) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for net income of 53 cents per share, a rise of 15.2% 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 68.7% versus last year to $1.89.

Last quarter, the company beat estimates by 4 cents, coming in at profit of 50 cents a share versus the estimate of net income of 46 cents a share. It marked the fourth straight quarter of beating estimates. Analysts predict a rise of 0.3% in revenue from the year-earlier quarter to $3.91 billion.

Competitors to Watch: Tiffany & Co. (NYSE:TIF), Liz Claiborne, Inc. (NYSE:LIZ), Guess?, Inc. (NYSE:GES), and Polo Ralph Lauren Corp. (NYSE:RL).

Abercrombie & Fitch Co. (NYSE:ANF) will unveil its latest earnings on Wednesday, February 15, 2012. The average analyst estimate is for net income of $1.12 per share, a decline of 18.8% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.75. Between one and three months ago, the average estimate moved down. It also has dropped from $1.58 during the last month. Analysts are projecting profit to rise by 15.1% compared to last year’s $2.36.

The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported profit of 57 cents per share versus a mean estimate of net income of 73 cents per share. In the second quarter, the company beat estimates by 6 cents. Analysts are projecting a rise of 16.5% in revenue from the year-earlier quarter to $1.34 billion.

Competitors to Watch: Urban Outfitters, Inc. (NASDAQ:URBN), American Eagle Outfitters (NYSE:AEO), The Buckle, Inc. (NYSE:BKE), Aeropostale, Inc. (NYSE:ARO), The Gap Inc. (NYSE:GPS), Pacific Sunwear of California, Inc. (NASDAQ:PSUN), dELiA*s, Inc. (NASDAQ:DLIA), Zumiez Inc. (NASDAQ:ZUMZ), The Wet Seal, Inc. (NASDAQ:WTSLA), and The Walking Co. Hldgs., Inc. (WALK).

Tesla Motors Inc. (NASDAQ:TSLA) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for a loss of 69 cents per share, a wider loss from the year-earlier quarter net loss of 55 cents. During the past three months, the average estimate has moved down from a loss of 68 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month.

Last quarter, the company came in at net loss of 63 cents per share against a mean estimate of a loss of 66 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 5 cents. Analysts predict a rise of 6% in revenue from the year-earlier quarter to $38.5 million.

Competitors to Watch: Toyota Motor Corp. (NYSE:TM), HONDA MOTOR CO., LTD. (NYSE:HMC), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), Tata Motors Limited (NYSE:TTM), Spartan Motors, Inc. (NASDAQ:SPAR), and Federal Signal Corporation (NYSE:FSS).

 

 

 

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