4 Stocks Traders Are Evaluating Before Earnings

Hawaiian Electric Industries, Inc. (NYSE:HE) will unveil its latest earnings on Tuesday, May 8, 2012. The average analyst estimate is for profit of 36 cents per share, a rise of 20% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 37 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 36 cents during the last month. Analysts are projecting profit to rise by 13.9% compared to last year’s $1.64.

The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by 7 cents in the third quarter of the last fiscal year, the company fell in line with expectations by reporting net income of 36 cents per share last quarter. Analysts are projecting a rise of 7.4% in revenue from the year-earlier quarter to $763.6 million.

Hecla Mining Co. (NYSE:HL) will unveil its latest earnings on Tuesday, May 8, 2012. The average estimate of analysts is for net income of 6 cents per share, a decline of 60% 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 9 cents. Between one and three months ago, the average estimate moved down. It has risen from 5 cents during the last month. Analysts are projecting profit to rise by 31.8% versus last year to 30 cents.

The company showed profit of 6 cents per share versus a mean estimate of net income of last quarter. This marks the fourth month of falling short of estimates. Analysts predict a decline of 37.6% in revenue from the year-earlier quarter to $85.1 million.

Quicksilver Resources, Inc. (NYSE:KWK) will unveil its latest earnings on Tuesday, May 8, 2012. The average analyst estimate is for a loss of 4 cents per share, a spike from profit of 2 cents in the year-ago quarter. During the past three months, the average estimate has moved down from a loss of 3 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 4 cents during the last month. Analysts are projecting net loss of 8 cents per share versus net income of 12 cents last year.

The company has missed estimates in the last two quarters. In the fourth quarter of the last fiscal year, it missed the mark by 2 cents as a result of reporting 0 cents against an estimate of profit of 2 cents per share. In the third quarter of the last fiscal year, the company fell short of forecasts by 2 cents. On average, analysts predict $186.6 million in revenue this quarter, a decline of 12.1% from the year-ago quarter. Analysts are forecasting total revenue of $798.5 million for the year, a decline of 14.7% from last year’s revenue of $936 million.

URS Corp (NYSE:URS) will unveil its latest earnings on Tuesday, May 8, 2012. The average estimate of analysts is for net income of $1.05 per share, a rise of 32.9% 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 93 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.05 during the last month. Analysts are projecting profit to rise by 13.6% versus last year to $4.01.

Last quarter, the company fell short of estimates by 9 cents, coming in at profit of 89 cents a share versus the estimate of net income of 98 cents a share. It was the fourth straight quarter of missing estimates. Analysts are projecting a rise of 4.7% in revenue from the year-earlier quarter to $2.43 billion.