Financial Sector Spotlight: 4 Companies Reporting Earnings Soon

Hartford Financial Services (NYSE:HIG) will unveil its latest earnings on Wednesday, May 2, 2012. The average analyst estimate is for profit of 92 cents per share, a decline of 20.7% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 86 cents. Between one and three months ago, the average estimate moved up. It has risen from 91 cents during the last month. Analysts are projecting profit to rise by 76.8% compared to last year’s $3.43.

The company beat estimates last quarter after falling short in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 69 cents per share versus a mean estimate of profit of 59 cents per share. In the third quarter of the last fiscal year, the company missed estimates by 18 cents.

IntercontinentalExchange, Inc. (NYSE:ICE) will unveil its latest earnings on Wednesday, May 2, 2012. The average estimate of analysts is for net income of $2.02 per share, a rise of 14.1% 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 $1.91. Between one and three months ago, the average estimate moved up. It has dropped from $2.03 during the last month. For the year, analysts are projecting profit of $8.04 per share, a rise of 13.6% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting net income of $1.76 per share against a mean estimate of profit of $1.68 per share.  Analysts predict a rise of 8.2% in revenue from the year-earlier quarter to $361.7 million.

Kimco Realty Corp (NYSE:KIM) will unveil its latest earnings on Wednesday, May 2, 2012. The average analyst estimate is for net income of 30 cents per share, no change from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 3.3% versus last year to $1.24.

The company has met estimates the last three quarters. Last quarter, the company reported profit of 30 cents per share to fall in step with the mean estimate. Analysts are projecting a rise of 1.9% in revenue from the year-earlier quarter to $228.2 million.

Prudential Financial, Inc(NYSE:PRU) will unveil its latest earnings on Wednesday, May 2, 2012. The average estimate of analysts is for net income of $1.70 per share, a rise of 0.6% 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 $1.66. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 10.8% versus last year to $7.10.

Last quarter, the company came in at profit of $1.97 per share against a mean estimate of net income of $1.76 per share, beating estimates after missing them in the previous quarter. In the third quarter of the last fiscal year, it missed forecasts by 49 cents. Analysts predict a rise of 13.9% in revenue from the year-earlier quarter to $10.48 billion.