4 Spotlight Stocks Building Anxiety Ahead of Earnings

Advanced Micro (NYSE:AMD) will unveil its latest earnings on Thursday, July 19, 2012. The average analyst estimate is for net income of 7 cents per share, a decline of 22.2% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 12 cents. Between one and three months ago, the average estimate moved up. It has dropped from 14 cents during the last month. For the year, analysts are projecting profit of 60 cents per share, a rise of 20% from last year.

Last quarter, the company beat estimates by 3 cents, coming in at net income of 12 cents a share versus the estimate of profit of 9 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.41 billion in revenue this quarter, a decline of 10.2% from the year-ago quarter. Analysts are forecasting total revenue of $6.12 billion for the year, a decline of 6.8% from last year’s revenue of $6.57 billion.

SanDisk (NASDAQ:SNDK) will unveil its latest earnings on Thursday, July 19, 2012. The average analyst estimate is for net income of 19 cents per share, a decline of 81.4% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 78 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 19 cents during the last month. For the year, analysts are projecting profit of $1.70 per share, a decline of 61% from last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the first quarter, the company reported net income of 56 cents per share versus a mean estimate of profit of 61 cents per share. In the fourth quarter of the last fiscal year, the company beat estimates by one cent. On average, analysts predict $1.01 billion in revenue this quarter, a decline of 26.3% from the year-ago quarter. Analysts are forecasting total revenue of $4.96 billion for the year, a decline of 12.4% from last year’s revenue of $5.66 billion.

Microsoft (NASDAQ:MSFT) will unveil its latest earnings on Thursday, July 19, 2012. The average analyst estimate is for net income of 63 cents per share, a decline of 8.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 65 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 63 cents during the last month. Analysts are projecting profit to rise by 1.5% versus last year to $2.69.

The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 60 cents per share against a mean estimate of net income of 57 cents, and the quarter before, the company exceeded forecasts by 2 cents with profit of 78 cents versus a mean estimate of net income of 76 cents. Analysts are projecting a rise of 4.4% in revenue from the year-earlier quarter to $18.14 billion.

NCR Corporation (NYSE:NCR) will unveil its latest earnings on Thursday, July 19, 2012. The average estimate of analysts is for profit of 59 cents per share, a rise of 28.3% 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 was unchanged. It has risen during the last month. For the year, analysts are projecting net income of $2.47 per share, a rise of 28.6% from last year.

Last quarter, the company saw profit of 47 cents per share versus a mean estimate of net income of 47 cents per share. This comes after two consecutive quarters of exceeding expectations. Analysts predict a rise of 11.5% in revenue from the year-earlier quarter to $1.46 billion.