Investors Await 5 Consumer Stock Earnings Releases Approaching

Kraft Foods Inc (NYSE:KFT) will unveil its latest earnings on Thursday, May 3, 2012. The average estimate of analysts is for profit of 56 cents per share, a rise of 7.7% from the company’s actual earnings for the same quarter a year ago. 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 10% compared to last year’s $2.52.

he company met estimates last quarter after beating the forecasts in the prior two. In the fourth quarter of the last fiscal year, the company reported net income of 57 cents per share versus a mean estimate of profit of 57 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 2 cents. Analysts predict a rise of 3.7% in revenue from the year-earlier quarter to $13.04 billion.

Cablevision Systems Corporation (NYSE:CVC) will unveil its latest earnings on Thursday, May 3, 2012. The average estimate of analysts is for net income of 20 cents per share, a decline of 47.4% 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 27 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 20 cents during the last month. Analysts are projecting profit to rise by 12.6% compared to last year’s 90 cents.

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 profit of 29 cents per share versus a mean estimate of net income of 25 cents per share. In the third quarter of the last fiscal year, the company missed estimates by 15 cents. On average, analysts predict $1.67 billion in revenue this quarter, a decline of 13% from the year-ago quarter. Analysts are forecasting total revenue of $6.78 billion for the year, a rise of 1.2% from last year’s revenue of $6.7 billion.

The Hain Celestial Group, Inc. (NASDAQ:HAIN) will unveil its latest earnings on Thursday, May 3, 2012. The average analyst estimate is for profit of 50 cents per share, a rise of 38.9% 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 27.4% versus last year to $1.72.

Last quarter, the company beat estimates by 3 cents, coming in at net income of 52 cents a share versus the estimate of profit of 49 cents a share. It marked the fourth straight quarter of beating estimates. Analysts predict a rise of 40.6% in revenue from the year-earlier quarter to $405.5 million.

Corinthian Colleges, Inc. (NASDAQ:COCO) will unveil its latest earnings on Thursday, May 3, 2012. The average estimate of analysts is for net income of 17 cents per share, a decline of 19% 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 13 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 17 cents during the last month. Analysts are projecting profit to rise by 17.9% compared to last year’s 32 cents.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported profit of 4 cents per share against a mean estimate of net income of one cent per share. In the first quarter, it missed forecasts by 2 cents. Analysts are projecting a decline of 6.3% in revenue from the year-earlier quarter to $433.3 million.

Sara Lee Corp. (NYSE:SLE) will unveil its latest earnings on Thursday, May 3, 2012. he average analyst estimate is for profit of 25 cents per share, a rise of 4.2% 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 moved down. It has risen from 24 cents during the last month. For the year, analysts are projecting net income of 93 cents per share, a rise of 19.2% from last year.

The company is looking to make a streak of three quarters of beating estimates. Last quarter, it beat expectations by reporting profit of 27 cents per share, and the previous quarter, it had net income of 18 cents. n average, analysts predict $1.95 billion in revenue this quarter, a decline of 12.2% from the year-ago quarter. Analysts are forecasting total revenue of $8.08 billion for the year, a decline of 6.9% from last year’s revenue of $8.68 billion.