3 Stocks Poised for Earnings Volatility This Week

Halliburton Company (NYSE:HAL) will unveil its latest earnings on Wednesday, April 18, 2012.  The average estimate of analysts is for net income of 86 cents per share, a rise of 41% 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 97 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 88 cents during the last month. Analysts are projecting profit to rise by 12.5% versus last year to $3.78.

Last quarter, the company beat estimates by one cent, coming in at profit of $1 a share versus the estimate of net income of 99 cents a share. It marked the fourth straight quarter of beating estimates. Analysts predict a rise of 28.6% in revenue from the year-earlier quarter to $6.79 billion.

Noble Corp (NYSE:NE) will unveil its latest earnings on Wednesday, April 18, 2012. The average estimate of analysts is for net income of 42 cents per share, a rise of more than twofold 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 89 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 45 cents during the last month. For the year, analysts are projecting profit of $2.88 per share, a rise of more than twofold from last year.

Last quarter, the company fell short of estimates by one cent, coming in at net income of 50 cents a share versus the estimate of profit of 51 cents a share. It was the fourth straight quarter of missing estimates. On average, analysts predict $813.8 million in revenue this quarter, a rise of 40.6% from the year-ago quarter. Analysts are forecasting total revenue of $3.73 billion for the year, a rise of 38.1% from last year’s revenue of $2.7 billion.

The Coca-Cola Company (NYSE:KO) will unveil its latest earnings on Tuesday, April 17, 2012. The average analyst estimate is for net income of 88 cents per share, a rise of 2.3% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 92 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 88 cents during the last month. Analysts are projecting profit to rise by 6% compared to last year’s $4.07.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked profit of 79 cents per share versus a mean estimate of net income of 77 cents per share. On average, analysts predict $10.82 billion in revenue this quarter, a rise of 2.7% from the year-ago quarter. Analysts are forecasting total revenue of $48.13 billion for the year, a rise of 3.4% from last year’s revenue of $46.55 billion.