Eaton and Ball Corp Stocks Active Prior to Earnings Releases

Eaton Corp (NYSE:ETN) will unveil its latest earnings on Thursday, January 26, 2012. The average estimate of analysts is for profit of $1.11 per share, a rise of 30.6% 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 $1.10. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.11 during the last month. For the year, analysts are projecting net income of $4 per share, a rise of 42.3% from last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported profit of $1.07 per share versus a mean estimate of net income of $1.09 per share. In the second quarter, the company beat estimates by 2 cents. Analysts are projecting a rise of 13.7% in revenue from the year-earlier quarter to $4.16 billion.

Competitors to Watch: Parker-Hannifin Corp. (NYSE:PH), Magnetek, Inc. (NYSE:MAG), Tech/Ops Sevcon, Inc. (NASDAQ:TO), United Technologies Corp. (NYSE:UTX), General Electric Company (NYSE:GE), Sauer-Danfoss Inc. (NYSE:SHS), Dover Corporation (NYSE:DOV), Thomas & Betts Corporation (NYSE:TNB), Roper Industries, Inc. (NYSE:ROP), and Crane Co. (NYSE:CR).

Ball Corp (NYSE:BLL) will unveil its latest earnings on Thursday, January 26, 2012. The average estimate of analysts is for net income of 53 cents per share, a rise of 12.8% 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 54 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 53 cents during the last month. For the year, analysts are projecting profit of $2.78 per share, a rise of 18.8% from last year.

Last quarter, the company came in at net income of 81 cents per share against a mean estimate of profit of 78 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by one cent. Analysts are projecting a rise of 3.5% in revenue from the year-earlier quarter to $2.07 billion.

Competitors to Watch: Crown Holdings, Inc. (NYSE:CCK), Silgan Holdings Inc. (NASDAQ:SLGN), Bway Holding Company (BWY), and Dominguez y Cia., S.A. (NYSE:DOM).

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