Lennar and 2 Key Stocks Hitting Trading Screens Before Earnings

Earnings season is slowly heating up. These three top stocks are set to report tomorrow. They are a nice glimpse into both the housing and discount retailer markets.

Lennar Corp (NYSE:LEN) will unveil its latest earnings on Wednesday, January 11, 2012.  The average estimate of analysts is for profit of 18 cents per share, a rise of 5.9% 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 19 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 18 cents during the last month. Analysts are projecting profit to rise by 0% versus last year to 51 cents.

Last quarter, the company met expectations by reporting net income of 11 cents per share last quarter. In the previous second quarter, the company beat estimates by 3 cents. On average, analysts predict $914 million in revenue this quarter, a rise of 6.3% from the year ago quarter. Analysts are forecasting total revenue of $3.06 billion for the year, a decline of 0.3% from last year’s revenue of $3.07 billion.

Competitors to Watch: PulteGroup, Inc. (NYSE:PHM), KB Home (NYSE:KBH), D.R. Horton, Inc. (NYSE:DHI), Standard Pacific Corp. (NYSE:SPF), Meritage Homes Corporation (NYSE:MTH), Toll Brothers, Inc. (NYSE:TOL), M.D.C. Holdings, Inc. (NYSE:MDC), Orleans Homebuilders (OHBIQ), The Ryland Group, Inc. (NYSE:RYL), and Comstock Homebuilding Companies, Inc. (NASDAQ:CHCI).

SUPERVALU INC. (NYSE:SVU) will unveil its latest earnings on Wednesday, January 11, 2012. The average estimate of analysts is for net income of 24 cents per share, no change 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 26 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 25 cents during the last month. Analysts are projecting profit to rise by 10.8% versus last year to $1.24.

Last quarter, the company reported profit of 28 cents per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters.On average, analysts predict $8.42 billion in revenue this quarter, a decline of 2.9% from the year ago quarter. Analysts are forecasting total revenue of $36.5 billion for the year, a decline of 2.7% from last year’s revenue of $37.53 billion.

Competitors to Watch: Safeway Inc. (NYSE:SWY), The Kroger Co. (NYSE:KR), Whole Foods Market, Inc. (NASDAQ:WFM), Winn-Dixie Stores, Inc. (NASDAQ:WINN), Ingles Markets, Inc. (NASDAQ:IMKTA), Nash-Finch Company (NASDAQ:NAFC), AMCON Distributing Co. (AMEX:DIT), Spartan Stores, Inc. (NASDAQ:SPTN), Wal-Mart (NYSE:WMT), Target (NYSE:TGT) and Weis Markets, Inc. (NYSE:WMK).

99 Cents Only Stores (NYSE:NDN) will unveil its latest earnings on Wednesday, January 11, 2012. The average estimate of analysts is for profit of 41 cents per share, a rise of 7.9% 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 40 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 41 cents during the last month. For the year, analysts are projecting net income of $1.15 per share, a rise of 11.7% from last year.

The company showed profit of 21 cents per share versus a mean estimate of net income of last quarter. This marks the fourth month of falling short of estimates. Analysts are projecting a rise of 7.6% in revenue from the year-earlier quarter to $393.1 million.

Competitors to Watch: Dollar General Corp. (NYSE:DG), Family Dollar Stores, Inc. (NYSE:FDO), Dollar Tree, Inc. (NASDAQ:DLTR), Big Lots, Inc. (NYSE:BIG), Target Corporation (NYSE:TGT), Fred’s, Inc. (NASDAQ:FRED), Costco Wholesale Corp. (NASDAQ:COST), Wal-Mart Stores, Inc. (NYSE:WMT), Gordmans Stores, Inc. (NASDAQ:GMAN).