4 Hot Earnings Previews: Apple, Yahoo, Wells Fargo, and Bank of America

Four big companies will release much-anticipated earnings reports tomorrow. Take a look at Wall St. Cheat Sheet’s earnings expectations for these hot stocks:

Apple (NASDAQ:AAPL): The average estimate of analysts is for profit of $5.72 per share, a rise of 63% 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 $5.27. Between one and three months ago, the average estimate moved up, and has risen from $5.63 during the last month. For the year, analysts are projecting net income of $24.87 per share, a rise of 64.2% from last year. Click Here for the Full Preview of Apple’s Earnings.

Wells Fargo (NYSE:WFC): The average estimate of analysts is for net income of 69 cents per share, a rise of 25.5% 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 moved down, but has risen from 68 cents during the last month. For the year, analysts are projecting profit of $2.77 per share, a rise of 22.6% from last year. Click Here for the Full Preview of Wells Fargo’s Earnings.

Bank of America (NYSE:BAC): The average estimate of analysts is for a loss of 91 cents per share, a swing from net income of 27 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 31 cents. Between one and three months ago, the average estimate moved down and dropped from 28 cents during the last month. For the year, analysts are projecting net loss of 16 cents per share, a swing from profit of 86 cents last year. Click Here for the Full Preview of Bank of America’s Earnings.

Yahoo! Inc. (NASDAQ:YHOO): The average estimate of analysts is for net income of 18 cents per share, a rise of 12.5% 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 17 cents. For the year, analysts are projecting profit of 79 cents per share, a rise of 8.2% from last year. Click Here for the Full Preview of Yahoo’s Earnings.

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