3 Tech Stocks Reporting Earnings This Week

NVIDIA Corporation (NASDAQ:NVDA) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for net income of 19 cents per share, a decline of 17.4% 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 26 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. For the year, analysts are projecting profit of 95 cents per share, a rise of 46.2% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 29 cents per share against a mean estimate of profit of 26 cents per share. Analysts are projecting a rise of 7.2% in revenue from the year-earlier quarter to $950.4 million.

Competitors to Watch: Advanced Micro Devices, Inc. (NYSE:AMD), Intel Corporation (NASDAQ:INTC), Texas Instruments Inc. (NYSE:TXN), Broadcom Corporation (NASDAQ:BRCM), QUALCOMM, Inc. (NASDAQ:QCOM), Microsoft Corporation (NASDAQ:MSFT), Silicon Image, Inc. (NASDAQ:SIMG), Pixelworks, Inc. (NASDAQ:PXLW), Marvell Tech. Group Ltd. (NASDAQ:MRVL), and ARM Holdings plc (NASDAQ:ARMH).

CenturyLink, Inc. (NYSE:CTL) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for net income of 61 cents per share, a decline of 19.7% 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 58 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 61 cents during the last month. Analysts are projecting profit to rise by 20.9% versus last year to $2.68.

Last quarter, the company saw profit of 34 cents per share versus a mean estimate of net income of 34 cents per share. This comes after two consecutive quarters of exceeding expectations. On average, analysts predict $4.62 billion in revenue this quarter, a rise of more than twofold from the year-ago quarter. Analysts are forecasting total revenue of $18.68 billion for the year, a rise of more than twofold from last year’s revenue of $7.04 billion.

Competitors to Watch: AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Sprint Nextel Corporation (NYSE:S), PAETEC Holding Corp. (NASDAQ:PAET), Cbeyond, Inc. (NASDAQ:CBEY), Telephone & Data Systems, Inc. (NYSE:TDS), tw telecom inc. (NASDAQ:TWTC), and IDT Corporation (NYSE:IDT).

Vonage Holdings Corp. (NYSE:VG) will unveil its latest earnings on Wednesday, February 15, 2012. The average estimate of analysts is for net income of 10 cents per share, a rise of 42.9% 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. For the year, analysts are projecting profit of 39 cents per share, a rise of 85.7% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting net income of 10 cents per share against a mean estimate of profit of 8 cents per share. Analysts are projecting a rise of 0.2% in revenue from the year-earlier quarter to $218 million.

Competitors to Watch:  IDT Corporation (NYSE:IDT), Microsoft (NASDAQ:MSFT), Sprint (NYSE:S), 8×8, Inc. (NASDAQ:EGHT), Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), CenturyLink, Inc. (NYSE:CTL), Consolidated Communications Hldgs. Inc (NASDAQ:CNSL), Warwick Valley Telephone Co. (NASDAQ:WWVY), Cbeyond, Inc. (NASDAQ:CBEY), and BCE Inc. (NYSE:BCE).

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