5 Key Stock Earnings Releases on the Horizon

American International Group, Inc. (NYSE:AIG) will unveil its latest earnings on Thursday, May 3, 2012. The average analyst estimate is for net income of $1.02 per share, a decline of 21.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 63 cents. Between one and three months ago, the average estimate moved up. It has risen from 65 cents during the last month. For the year, analysts are projecting profit of $2.95 per share, a rise of more than twofold from last year.

Last quarter, the company topped expectations by 21 cents, coming in at net income of 82 cents per share versus a mean estimate of profit of 61 cents per share. This followed two straight quarters of missing estimates. Analysts predict a rise of 2.2% in revenue from the year-earlier quarter to $8.84 billion.

General Motors Company (NYSE:GM) will unveil its latest earnings on Thursday, May 3, 2012. The average estimate of analysts is for profit of 84 cents per share, a decline of 11.6% 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 88 cents. Between one and three months ago, the average estimate moved down. It has risen from 83 cents during the last month. For the year, analysts are projecting net income of $3.86 per share, a decline of 0.5% from last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported profit of 39 cents per share versus a mean estimate of net income of 42 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 4 cents. Analysts predict a rise of 3.7% in revenue from the year-earlier quarter to $37.54 billion.

Hyatt Hotels Corporation (NYSE:H) will unveil its latest earnings on Thursday, May 3, 2012. The average analyst estimate is for net income of 9 cents per share, a rise of 28.6% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 13 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 9 cents during the last month. For the year, analysts are projecting profit of 72 cents per share, a decline of 10% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 18 cents, reporting net income of 31 cents per share against a mean estimate of profit of 13 cents per share. Analysts predict a rise of 10.3% in revenue from the year-earlier quarter to $964.8 million.

MGM Resorts International (NYSE:MGM) will unveil its latest earnings on Thursday, May 3, 2012. Last quarter, the company missed estimates by 3 cents, coming in at a loss of 21 cents per share versus a mean estimate of net loss of 18 cents per share. In the third quarter of the last fiscal year, the company beat estimates by one cent.

On average, analysts predict $2.26 billion in revenue this quarter, a rise of 50.7% from the year-ago quarter. Analysts are forecasting total revenue of $9.38 billion for the year, a rise of 19.5% from last year’s revenue of $7.85 billion. Analysts are optimistic about this stock, with 15 analysts rating it as a buy, none rating it as a sell and six rating it as a hold.

Steven Madden, Ltd.  (NASDAQ:SHOO) will unveil its latest earnings on Thursday, May 3, 2012. he average analyst estimate is for profit of 50 cents per share, a rise of 19% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 52 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 50 cents during the last month. Analysts are projecting profit to rise by 18.7% versus last year to $2.67.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting net income of 55 cents per share against a mean estimate of profit of 54 cents per share. On average, analysts predict $249.9 million in revenue this quarter, a rise of 50.8% from the year-ago quarter. Analysts are forecasting total revenue of $1.19 billion for the year, a rise of 22.9% from last year’s revenue of $968.5 million.