Earnings Preview: Cisco Systems Inc. (CSCO), Wal-Mart Stores Inc. (WMT), Deere & Company (DE)
Second-quarter earnings reports will continue to make headlines next week, but the flow will slow from a flood to a trickle.
Of the 441 companies in the S&P 500 that reported quarterly results so far, 72 percent have topped analysts’ profit expectations and 55 percent have exceeded revenue projections, data compiled by Bloomberg showed.
We ran a screen and produced a list of 12 notable companies set to report their earnings Aug. 12-16. We have highlighted their expected reporting dates and times, along with analysts’ earnings-per-share (fully reported) and revenue estimates from Reuters, as well as the stocks’ year-to-date performances.
Monday Before Markets Open, or BMO:
SYSCO Corporation (NYSE:SYY) is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company has a market capitalization of $20.84 billion. It is expected to report FY 2013 fourth-quarter EPS of 55 cents on revenue of $11.63 billion, compared with EPS of 53 cents on revenue of $11.05 billion in the year-ago period. SYSCO Corporation is trading at around $35.09 per share. So far this year, the stock has gained 10.9 percent.
Tuesday After Markets Close, or AMC:
JDS Uniphase Corp. (NASDAQ:JDSU) is a provider of communications testing and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators and network equipment manufacturers. The company has a market capitalization of $3.38 billion. It is expected to report a loss of 4 cents per share on revenue of $430.64 million in the fourth quarter of fiscal year 2013, compared with a loss of $1.00 per share on revenue of $439.30 million in the year-ago period. JDS Uniphase Corp. is trading at around $14.31 per share. So far this year, the stock has gained 5.9 percent.
Wednesday BMO:
Deere & Company (NYSE:DE) is most commonly known by the name John Deere, is an American corporation based in Moline, Ill., and one of the largest manufacturers of agricultural machinery in the world. The company has a market capitalization of $31.62 billion. It is expected to report FY 2013 third-quarter EPS of $2.15 on revenue of $9.16 billion, compared with EPS of $1.98 on revenue of $8.93 billion in the year-ago period. Deere & Company is trading at around $81.47 per share. So far this year, the stock has lost 5.6 percent.
Wednesday AMC:
Agilent Technologies Inc. (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The company has a market capitalization of $15.89 billion. It is expected to report FY 2013 third-quarter EPS of 50 cents on revenue of $1.64 billion, compared with EPS of 69 cents on revenue of $1.72 billion in the year-ago period. Agilent Technologies Inc. is trading at around $46.08 per share. So far this year, the stock has gained 12.5 percent.
Cisco Systems Inc. (NASDAQ:CSCO) designs, manufactures, and sells Internet protocol-based networking and other products related to the communications and information technology industry and provide services associated with these products and their use. The company has a market capitalization of $139.95 billion. It is expected to report FY 2013 fourth-quarter EPS of 44 cents on revenue of $12.40 billion, compared with EPS of 36 cents on revenue of $11.69 billion in the year-ago period. Cisco Systems Inc. is trading at around $26.20 per share. So far this year, the stock has gained 33.3 percent.
NetApp Inc. (NASDAQ:NTAP) is a provider of storage systems and data management solutions for information technology infrastructures. The company has a market capitalization of $15.00 billion. It is expected to report FY 2014 first-quarter EPS of 22 cents on revenue of $1.53 billion, compared with EPS of 17 cents on revenue of $1.45 billion in the year-ago period. NetApp Inc. is trading at around $41.54 per share. So far this year, the stock has gained 23.9 percent.
Thursday BMO:
Estee Lauder Companies Inc. (NYSE:EL) is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The company has a market capitalization of $26.17 billion. It is expected to report FY 2013 fourth-quarter EPS of 21 cents on revenue of $2.41 billion, compared with EPS of 26 cents on revenue of $2.25 billion in the year-ago period. Estee Lauder Companies Inc. is trading at around $67.47 per share. So far this year, the stock has gained 12.7 percent.
Kohl's Corporation (NYSE:KSS) operates family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares. The company has a market capitalization of $11.55 billion. It is expected to report FY 2013 second-quarter EPS of $1.06 on revenue of $4.31 billion, compared with EPS of $1.00 on revenue of $4.21 billion in the year-ago period. Kohl's Corporation is trading at around $52.05 per share. So far this year, the stock has gained 21.0 percent.
Wal-Mart Stores Inc. (NYSE:WMT) operates retail stores in various formats around globally. The company has a market capitalization of $258.59 billion. It is expected to report FY 2014 second-quarter EPS of $1.25 on revenue of $118.74 billion, compared with EPS of $1.18 on revenue of $114.30 billion in the year-ago period. Wal-Mart Stores Inc. is trading at around $78.04 per share. So far this year, the stock has gained 14.4 percent.
Perrigo Company (NYSE:PRGO) is a global healthcare supplier that develops, manufactures and distributes over-the-counter and generic prescription pharmaceuticals, infant formulas, nutritional products and active pharmaceutical ingredients. The company has a market capitalization of $12.02 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.37 on revenue of $999.08 million, compared with EPS of $1.14 on revenue of $831.77 million in the year-ago period. Perrigo Company is trading at around $127.93 per share. So far this year, the stock has gained 22.9 percent.
Thursday AMC:
Applied Materials Inc. (NASDAQ:AMAT) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic and related industries. The company has a market capitalization of $19.44 billion. It is expected to report FY 2013 third-quarter EPS of 18 cents on revenue of $2.06 billion, compared with EPS of 17 cents on revenue of $2.34 billion in the year-ago period. Applied Materials Inc. is trading at around $16.17 per share. So far this year, the stock has gained 41.4 percent.
Nordstrom Inc. (NYSE:JW) is a fashion specialty retailer. The company has a market capitalization of $11.67 billion. It is expected to report FY 2013 second-quarter EPS of 88 cents on revenue of $3.30 billion, compared with EPS of 75 cents on revenue of $3.01 billion in the year-ago period. Nordstrom Inc. is trading at around $59.86 per share. So far this year, the stock has gained 11.9 percent.
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