Facebook, Netflix and 3 Stocks Set to Report Earnings Now

Netflix (NASDAQ:NFLX) will unveil its latest earnings on Tuesday, October 23, 2012. The average estimate of analysts is for profit of 5 cents per share, a decline of 95.7% 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 11 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 5 cents during the last month. Analysts are projecting a loss of one cent per share versus net income of $4.26 last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 7 cents, reporting profit of 11 cents per share against a mean estimate of net income of 4 cents per share. On average, analysts predict $905.1 million in revenue this quarter, a rise of 10.1% from the year-ago quarter. Analysts are forecasting total revenue of $3.61 billion for the year, a rise of 12.8% from last year’s revenue of $3.2 billion.

VMware (NYSE:VMW) will unveil its latest earnings on Tuesday, October 23, 2012. The average analyst estimate is for net income of 43 cents per share, a rise of 38.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 46 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 43 cents during the last month. Analysts are projecting profit to rise by 26% compared to last year’s $1.94.

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Last quarter, the company reported profit of 50 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. Analysts predict a rise of 20% in revenue from the year-earlier quarter to $1.13 billion.

Facebook Inc. – Class A (NASDAQ:FB) will unveil its latest earnings on Tuesday, October 23, 2012.

The company is looking to beat estimates after falling short of forecasts last quarter. Last quarter, it reported net loss of 8 cents per share against a consensus estimate of net income of 9 cents per share.

Broadcom (NASDAQ:BRCM) will unveil its latest earnings on Tuesday, October 23, 2012. The average estimate of analysts is for net income of 56 cents per share, a rise of 16.7% 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 54 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 56 cents during the last month. Analysts are projecting profit to rise by 9.8% compared to last year’s $2.02.

The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked profit of 52 cents per share versus a mean estimate of net income of 43 cents per share. On average, analysts predict $2.09 billion in revenue this quarter, a rise of 6.6% from the year-ago quarter. Analysts are forecasting total revenue of $8 billion for the year, a rise of 8.3% from last year’s revenue of $7.39 billion.

Juniper Networks (NYSE:JNPR) will unveil its latest earnings on Tuesday, October 23, 2012. The average analyst estimate is for profit of 10 cents per share, a decline of 47.4% 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 10 cents during the last month. Analysts are projecting profit to rise by 49.4% compared to last year’s 44 cents.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported net income of 11 cents per share against a mean estimate of profit of 8 cents per share. In the first quarter, it missed forecasts by one cent. Analysts predict a decline of 4.5% in revenue from the year-earlier quarter to $1.06 billion.

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