Sector Stock Earnings Preview Spotlight: Airline, Tobacco, Telecom, Fast Food

Southwest Airlines Co. (NYSE:LUV) will unveil its latest earnings on Thursday, April 19, 2012. The average analyst estimate is for a loss of 5 cents per share, a spike from net income of 3 cents in the year-ago quarter. During the past three months, the average estimate has moved down from 20 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of one cent during the last month. Analysts are projecting profit to rise by 58.1% versus last year to 68 cents.

The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with profit of 9 cents per share against the mean estimate of 7 cents. In the prior quarter, the company reported net income of 15 cents. On average, analysts predict $4.01 billion in revenue this quarter, a rise of 29.4% from the year-ago quarter. Analysts are forecasting total revenue of $17.49 billion for the year, a rise of 11.7% from last year’s revenue of $15.66 billion.

Philip Morris International (NYSE:PM) will unveil its latest earnings on Thursday, April 19, 2012. The average estimate of analysts is for profit of $1.19 per share, a rise of 12.3% 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 $1.14. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.19 during the last month. Analysts are projecting profit to rise by 8.6% versus last year to $5.30.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting net income of $1.10 per share against a mean estimate of profit of $1.08 per share. On average, analysts predict $7.27 billion in revenue this quarter, a rise of 7.1% from the year-ago quarter. Analysts are forecasting total revenue of $32.08 billion for the year, a rise of 3.2% from last year’s revenue of $31.1 billion.

Verizon Communications, Inc. (NYSE:VZ) will unveil its latest earnings on Thursday, April 19, 2012. The average estimate of analysts is for profit of 57 cents per share, a rise of 11.8% 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 60 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 58 cents during the last month. Analysts are projecting profit to rise by 14.9% versus last year to $2.47.

Last quarter, the company fell short of estimates by 0 cents, coming in at net income of 52 cents per share against a mean estimate of profit of 53 cents. The company fell in line with expectations in the third quarter of the last fiscal year. On average, analysts predict $28.19 billion in revenue this quarter, a rise of 4.4% from the year-ago quarter. Analysts are forecasting total revenue of $115.07 billion for the year, a rise of 3.8% from last year’s revenue of $110.88 billion.

Chipotle Mexican Grill, Inc. (NYSE:CMG) will unveil its latest earnings on Thursday, April 19, 2012. The average analyst estimate is for net income of $1.92 per share, a rise of 31.5% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from $1.89. Between one and three months ago, the average estimate moved up. It has risen from $1.91 during the last month. For the year, analysts are projecting profit of $8.74 per share, a rise of 29.3% from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the fourth quarter of the last fiscal year, it reported net income of $1.81 per share against a mean estimate of $1.83. Two quarters ago, it beat expectations by 5 cents with profit of $1.90. Analysts are projecting a rise of 23.8% in revenue from the year-earlier quarter to $630.6 million.

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