Active Pre-Earnings Stock Movers: PerkinElmer, Cummins and Lear Corp.

PerkinElmer, Inc. (NYSE:PKI) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 51 cents per share, a rise of 15.9% 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 52 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 51 cents during the last month. Analysts are projecting profit to rise by 26.3% versus last year to $1.68.

Last quarter, the company beat estimates by 2 cents, coming in at profit of 41 cents a share versus the estimate of net income of 39 cents a share. It marked the fourth straight quarter of beating estimates. nalysts are projecting a rise of 14.3% in revenue from the year-earlier quarter to $537.1 million.

Competitors to Watch: Thermo Fisher Scientific Inc. (NYSE:TMO), Waters Corporation (NYSE:WAT), Beckman Coulter, Inc. (NYSE:BEC), Bruker Corporation (NASDAQ:BRKR), Harvard Bioscience, Inc. (NASDAQ:HBIO), Agilent Technologies Inc. (NYSE:A), Caliper Life Sciences Inc. (NASDAQ:CALP), Becton, Dickinson and Co. (NYSE:BDX), Bio-Rad Laboratories, Inc. (NYSE:BIO), and Sequenom, Inc. (NASDAQ:SQNM).

Cummins, Inc. (NYSE:CMI) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of $2.23 per share, a rise of 21.2% 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 $2.29. Between one and three months ago, the average estimate moved down. It has risen from $2.21 during the last month. For the year, analysts are projecting profit of $8.71 per share, a rise of 68.5% from last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported net income of $2.20 per share versus a mean estimate of profit of $2.25 per share. In the second quarter, the company beat estimates by 40 cents. On average, analysts predict $4.71 billion in revenue this quarter, a rise of 13.8% from the year ago quarter. Analysts are forecasting total revenue of $17.87 billion for the year, a rise of 35.1% from last year’s revenue of $13.23 billion.

Competitors to Watch: Caterpillar Inc. (NYSE:CAT), Brunswick Corporation (NYSE:BC), Navistar Intl. Corp. (NYSE:NAV), Briggs & Stratton Corp. (NYSE:BGG), China Yuchai Intl. Ltd. (NYSE:CYD), PACCAR Inc (NASDAQ:PCAR), BorgWarner Inc. (NYSE:BWA), REGAL-BELOIT CORPORATION (NYSE:RBC), and Generac Holdings Inc. (NYSE:GNRC).

Lear Corporation (NYSE:LEA) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of $1.18 per share, a decline of 0.8% 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 $1.31. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.18 during the last month. Analysts are projecting profit to rise by 19.3% versus last year to $5.26.

Last quarter, the company missed estimates by 6 cents, coming in at profit of $1.08 per share versus a mean estimate of net income of $1.14 per share. In the second quarter, the company beat estimates by 27 cents. Analysts are projecting a rise of 9.5% in revenue from the year-earlier quarter to $3.46 billion.

Competitors to Watch: Johnson Controls, Inc. (NYSE:JCI), Visteon Corporation (NYSE:VC), Gentex Corporation (NASDAQ:GNTX), General Electric (NYSE:GE), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com