KMP, FRX and SLM Shares in Trading Spotlight Prior to Earnings

Kinder Morgan Energy Partners L.P (NYSE:KMP) will unveil its latest earnings on Wednesday, January 18, 2012. The average estimate of analysts is for profit of 61 cents per share, a rise of 32.6% 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 67 cents. Between one and three months ago, the average estimate moved down. It has risen from 59 cents during the last month. Analysts are projecting profit to rise by 21.8% versus last year to $1.79.

The company showed net income of 44 cents per share versus a mean estimate of profit of last quarter. This marks the fourth month of falling short of estimates. Analysts are projecting a rise of 23.3% in revenue from the year-earlier quarter to $2.38 billion.

Competitors to Watch: Kinder Morgan Inc (NYSE:KMI), Copano Energy, L.L.C. (NASDAQ:CPNO), Enterprise Products Partners L.P. (NYSE:EPD), MarkWest Energy Partners, L.P. (NYSE:MWE), El Paso Pipeline Partners, L.P. (NYSE:EPB), El Paso Corporation (NYSE:EP), Enterprise GP Hldgs. L.P. (EPE), Energy Transfer Partners, L.P. (NYSE:ETP), Duncan Energy Partners L.P. (NYSE:DEP), and Magellan Midstream Partners, L.P. (NYSE:MMP).

Forest Laboratories, Inc. (NYSE:FRX) will unveil its latest earnings on Tuesday, January 17, 2012. The average estimate of analysts is for net income of $1 per share, a decline of 25.4% 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 17.5% versus last year to $3.64.

The company missed estimates last quarter after beating forecasts in the prior two. In the second quarter, the company reported profit of 91 cents per share versus a mean estimate of net income of 99 cents per share. In the first quarter, the company beat estimates by 8 cents. On average, analysts predict $1.18 billion in revenue this quarter, a rise of 4.4% from the year ago quarter. Analysts are forecasting total revenue of $4.5 billion for the year, a rise of 1.8% from last year’s revenue of $4.42 billion.

Competitors to Watch: Johnson & Johnson (NYSE:JNJ), AstraZeneca plc (NYSE:AZN), Lannett Company, Inc. (AMEX:LCI), Watson Pharmaceuticals, Inc. (NYSE:WPI), Mylan Inc. (NASDAQ:MYL), Pfizer Inc. (NYSE:PFE), Abbott Laboratories (NYSE:ABT), Impax Laboratories, Inc. (NASDAQ:IPXL), Par Pharmaceutical Companies, Inc. (NYSE:PRX), and Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ).

SLM Corp (NYSE:SLM) will unveil its latest earnings on Wednesday, January 18, 2012. The average estimate of analysts is for net income of 51 cents per share, a decline of 32% 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 50 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 51 cents during the last month. For the year, analysts are projecting profit of $1.83 per share, a decline of 4.7% from last year.

The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net income of 36 cents per share versus a mean estimate of profit of 36 cents per share. In the second quarter, the company beat estimates by 6 cents. Analysts are projecting a decline of 17.6% in revenue from the year-earlier quarter to $706 million.

Competitors to Watch: Nelnet, Inc. (NYSE:NNI), The Student Loan Corp. (NYSE:STU), Discover Financial Services (NYSE:DFS), American Express Company (NYSE:AXP), The First Marblehead Corp. (NYSE:FMD), Federal National Mortgage Association (FNMA), QC Holdings, Inc. (NASDAQ:QCCO), Advance America, Cash Advance Centers (NYSE:AEA), World Acceptance Corp. (NASDAQ:WRLD), and Federal Home Loan Mortgage Corp (FMCC).