It's time for another earnings preview for the week ahead. Though the very heaviest period of earnings season is now behind us, there are still a lot of major companies to report that could move the markets in a big way.
Tuesday February 12th
- Applied Materials (Nasdaq:AMAT) AMAT has been a serial disappointer of late on the earnings front, but it has a growing solar business that may excite investors.
- Sanofi-Aventis (NYSE:SNY) SNY is the major French pharma company that
has recently hit a new 52 week low among growth worries. - XTO Energy (NYSE:XTO) XTO is one of the largest natural gas companies in the world. XTO has recently traded higher in the last couple of weeks as investors gain confidence that natural gas prices will rise in the near future.
Wednesday Feb 13th
- Agrium (NYSE:AGU) AGU will report Wednesday morning before the opening bell. The expectations are very high here as agriculture has continued to boom in the last few months.
- Baidu.com (Nasdaq:BIDU) BIDU has proven to be one of the most volatile stocks on the Nasdaq, and of late it has been very weak. It will report after the bell on Wednesday.
- Genzyme (Nasdaq:GENZ) Genzyme has been a very steady grower over the past few quarters and will look to boost its stock price, which has already outperformed most in the biotech industry of late.
- Vulcan Materials (NYSE:VMC) Estimates for the current quarter and year for VMC have been coming down rapidly as cost and demand concerns overwhelm the company.
- DirectTV (NYSE:DTV) DTV is expected to bring in 29 cents per share on Wednesday. The stock has traded in a tight range of late.
Thursday Feb. 14th
- Encana (NYSE:ECA) Another major natural gas player, ECA is expected to report $1.31 when it reports Thursday.
- Manulife (NYSE:MFC) Manulife is a Canadian-based financial services company that has a major business in both Canada and Asia. It will report Thursday morning.
- Visteon Corporation (NYSE:VC) This troubled auto parts company is expected to continue to rack up the losses when it reports Thursday morning.
Friday Feb. 15th
- Abercrombie and Fitch (NYSE:ANF) This leading teen retailer has been the best in its space at weathering the slowdowns in the past, so will it be able to do that again in the current environment?
- Diana Shipping (NYSE:DSX) The drybulk shippers were one of the hottest growth stories in 2007, but 2008 hasn't started very kindly for them. DSX will report Friday before the bell.
The upcoming week will be one that is fairly light on economic data, so these earnings reports will take on an increased amount of importance in the market this week.
Comment Preview