4 Consumer Staples Stocks Heating Up With Activity Before Earnings

CVS Caremark Corp (NYSE:CVS) will unveil its latest earnings on Wednesday, May 2, 2012. The average analyst estimate is for net income of 63 cents per share, a rise of 10.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 60 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 63 cents during the last month. Analysts are projecting profit to rise by 16.8% versus last year to $3.27.

Last quarter, the company saw profit of 89 cents per share versus a mean estimate of net income of 89 cents per share. This comes after two consecutive quarters of exceeding expectations. On average, analysts predict $30.31 billion in revenue this quarter, a rise of 17.1% from the year-ago quarter. Analysts are forecasting total revenue of $121.03 billion for the year, a rise of 13% from last year’s revenue of $107.1 billion.

The Clorox Company (NYSE:CLX) will unveil its latest earnings on Wednesday, May 2, 2012. The average analyst estimate is for profit of $1.04 per share, a decline of 1% from the company’s actual earnings for the year-ago quarter. 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 has been unchanged at $1.04 during the last month. Analysts are projecting profit to rise by 1.7% compared to last year’s $4.09.

Last quarter, the company beat estimates by 13 cents, coming in at net income of 82 cents a share versus the estimate of profit of 69 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 3.8% in revenue from the year-earlier quarter to $1.35 billion.

Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) will unveil its latest earnings on Wednesday, May 2, 2012. The average estimate of analysts is for profit of 64 cents per share, a rise of 33.3% 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 74 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 64 cents during the last month. Analysts are projecting profit to rise by 62.2% compared to last year’s $2.66.

The company topped estimates last quarter after missing forecasts the quarter prior. In the first quarter, it reported net income of 60 cents per share against a mean estimate of profit of 36 cents per share. In the fourth quarter of the last fiscal year, it missed forecasts by one cent. Analysts predict a rise of 50% in revenue from the year-earlier quarter to $971.7 million.

Whole Foods Market, Inc. (NASDAQ:WFM) will unveil its latest earnings on Wednesday, May 2, 2012. The average analyst estimate is for net income of 59 cents per share, a rise of 15.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 58 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 21.2% compared to last year’s $2.34.

Last quarter, the company beat estimates by 5 cents, coming in at profit of 65 cents a share versus the estimate of net income of 60 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $2.67 billion in revenue this quarter, a rise of 13.6% from the year-ago quarter. Analysts are forecasting total revenue of $11.63 billion for the year, a rise of 15% from last year’s revenue of $10.11 billion.