Yahoo! and Coach Shares Watched By Investors Before Earnings

Yahoo!, Inc. (NASDAQ:YHOO) will unveil its latest earnings on Tuesday, January 24, 2012. The average estimate of analysts is for profit of 24 cents per share, a decline of 7.7% 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 23 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 24 cents during the last month. Analysts are projecting profit to rise by 9.6% versus last year to 80 cents.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting net income of 21 cents per share against a mean estimate of profit of 17 cents per share. Analysts are projecting a decline of 1.7% in revenue from the year-earlier quarter to $1.19 billion.

Competitors to Watch: Google Inc. (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), AOL, Inc. (NYSE:AOL), IAC/InterActiveCorp (NASDAQ:IACI), Rediff.com India Ltd. (NASDAQ:REDF), Sohu.com Inc. (NASDAQ:SOHU), Baidu.com, Inc. (NASDAQ:BIDU), InfoSpace, Inc. (NASDAQ:INSP), Intl. Business Machines Corp. (NYSE:IBM), and Demand Media Inc (NYSE:DMD).

Coach, Inc. (NYSE:COH) will unveil its latest earnings on Tuesday, January 24, 2012. The average estimate of analysts is for net income of $1.15 per share, a rise of 15% 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 $1.15 during the last month. Analysts are projecting profit to rise by 18.2% versus last year to $3.45.

Last quarter, the company beat estimates by 3 cents, coming in at profit of 73 cents a share versus the estimate of net income of 70 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 13.5% in revenue from the year-earlier quarter to $1.43 billion.

Competitors to Watch: Frederick’s of Hollywood Group Inc. (AMEX:FOH), Vera Bradley, Inc. (NASDAQ:VRA), Tiffany & Co. (NYSE:TIF), Fossil, Inc. (NASDAQ:FOSL), Piquadro S.p.A. (NYSE:PQ), Liz Claiborne, Inc. (NYSE:LIZ), Guess?, Inc. (NYSE:GES), Polo Ralph Lauren Corp. (NYSE:RL), Wet Seal (NASDAQ:WTSLA), and Limited Brands (NYSE:LTD).