3 Technology Stars Trading Heavily Before Earnings

Netflix, Inc. (NASDAQ:NFLX) will unveil its latest earnings on Monday, October 24, 2011. The average estimate of analysts is for net income of 96 cents per share, a rise of 37.1% 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 $1.09. Between one and three months ago, the average estimate moved down. It also has dropped from 99 cents during the last month. Analysts are projecting profit to rise by 51.7% versus last year to $4.49.

Last quarter, the company reported profit of $1.26 per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. Analysts are projecting a rise of 46.6% in revenue from the year-earlier quarter to $811.1 million.

Competitors to Watch: Amazon.com Inc. (NASDAQ:AMZN), Dish Networks (NASDAQ:DISH), Best Buy (NYSE:BBY), Comcast (NASDAQ:CMCSA), AOL (NYSE:AOL), Time Warner (NYSE:TWX), Time Warner Cable (NYSE:TWC), DirecTV (NASDAQ:DTV), TiVo (NASDAQ:TIVO), Echostar (NASDAQ:SATS), Coinstar, Inc. (NASDAQ:CSTR), Apple Inc. (NASDAQ:AAPL) and IMAX (NASDAQ:IMAX).

Texas Instruments, Inc. (NYSE:TXN) will unveil its latest earnings on Monday, October 24, 2011. The average estimate of analysts is for net income of 57 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 down from 64 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 57 cents during the last month. For the year, analysts are projecting profit of $2.25 per share, a decline of 9.6% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported net income of 56 cents per share against a mean estimate of profit of 53 cents per share. In the first quarter, it missed forecasts by 3 cents. Analysts are projecting a decline of 11% in revenue from the year-earlier quarter to $3.33 billion.

Competitors to Watch: National Semicond. Corp. (NYSE:NSM), Analog Devices, Inc. (NYSE:ADI), Intersil Corporation (NASDAQ:ISIL), Linear Technology Corp. (NASDAQ:LLTC), ON Semiconductor Corp. (NASDAQ:ONNN), Intel Corporation (NASDAQ:INTC), STMicroelectronics N.V. (NYSE:STM), Maxim Integrated Products Inc. (NASDAQ:MXIM), Broadcom Corporation (NASDAQ:BRCM), and Marvell Tech. Group Ltd. (NASDAQ:MRVL).

Veeco Instruments, Inc. (NASDAQ:VECO) will unveil its latest earnings on Monday, October 24, 2011. The average estimate of analysts is for profit of $1.14 per share, a decline of 18% 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 $1.36. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.14 during the last month. For the year, analysts are projecting net income of $4.69 per share, a rise of 6.1% from last year.

Last quarter, the company beat estimates by one cent, coming in at profit of $1.35 a share versus the estimate of net income of $1.34 a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $252.6 million in revenue this quarter, a decline of 8.8% from the year ago quarter. Analysts are forecasting total revenue of $1.01 billion for the year, a rise of 8.2% from last year’s revenue of $933.2 million.

Competitors to Watch: Applied Materials, Inc. (NASDAQ:AMAT), Aixtron AG (NASDAQ:AIXG), CVD Equipment Corporation (NASDAQ:CVV), Cree, Inc. (NASDAQ:CREE), Intevac, Inc. (NASDAQ:IVAC), Amtech Systems, Inc. (NASDAQ:ASYS), Zygo Corporation (NASDAQ:ZIGO), Canon Inc. (NYSE:CAJ), MEMC Electronic Materials, Inc. (NYSE:WFR), and Novellus Systems, Inc. (NASDAQ:NVLS).