Rockwell Automation and MeadWestvaco Attract Trader Attention Earnings Nears
Rockwell Automation Inc. (NYSE:ROK) will unveil its latest earnings on Wednesday, January 25, 2012. The average estimate of analysts is for profit of $1.21 per share, a rise of 16.3% 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 $1.17. Between one and three months ago, the average estimate moved up. It has risen from $1.19 during the last month. For the year, analysts are projecting net income of $5.29 per share, a rise of 10.4% from last year.
Last quarter, the company beat estimates by 17 cents, coming in at profit of $1.39 a share versus the estimate of net income of $1.22 a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 10.2% in revenue from the year-earlier quarter to $1.51 billion.
Competitors to Watch: Microsoft Corporation (NASDAQ:MSFT), AMETEK, Inc. (NYSE:AME), Parker-Hannifin Corp. (NYSE:PH), Honeywell Intl. Inc. (NYSE:HON), Perceptron, Inc. (NASDAQ:PRCP), Aspen Technology, Inc. (NASDAQ:AZPN), Emerson Electric Co. (NYSE:EMR), Baldwin Technology Co. (AMEX:BLD), Hollysys Automation Tech. Ltd (NASDAQ:HOLI), and Newport Corporation (NASDAQ:NEWP).
MeadWestvaco Corp. (NYSE:MWV) will unveil its latest earnings on Wednesday, January 25, 2012. The average estimate of analysts is for net income of 32 cents per share, a decline of 22% 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 40 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 35 cents during the last month. Analysts are projecting profit to rise by 29.9% versus last year to $2.
Last quarter, the company topped estimates by 0 cents, coming in at profit of 70 cents per share against a mean estimate of net income of 65 cents. The company fell in line with estimates in the second quarter. On average, analysts predict $1.48 billion in revenue this quarter, a decline of 1.3% from the year ago quarter. Analysts are forecasting total revenue of $6.04 billion for the year, a rise of 6.2% from last year’s revenue of $5.69 billion.
Competitors to Watch: Smurfit-Stone Container Corp. (NYSE:SSCC), Rock-Tenn Company (NYSE:RKT), Packaging Corp. of America (NYSE:PKG), MOD-PAC CORP. (NASDAQ:MPAC), Graphic Packaging Holding Co. (NYSE:GPK), International Paper Co. (NYSE:IP), KapStone Paper and Packaging Corp. (NYSE:KS), Clearwater Paper Corp (NYSE:CLW), Temple-Inland, Inc. (NYSE:TIN), and Celulose Irani SA (RANI3).