Investing

11 Major Earnings Previews For Wednesday (AET, ALL, AOL, BMC, CMO, CMG, GMCR, JDSU, LVS, NDAQ, QCOM)

Earnings season is still going strong and Wednesday will have many big earnings reports to watch.  These are not the only earnings reports coming from big companies, but these are the ones we will be watching closely: Aetna Inc. (NYSE: AET); The Allstate Corporation (NYSE: ALL); AOL Inc. (NYSE: AOL); BMC Software Inc. (NASDAQ: BMC); Capstead Mortgage Corp. (NYSE: CMO); Chipotle Mexican Grill Inc. (NYSE: CMG); Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR); JDS Uniphase Corporation (NASDAQ: JDSU); Las Vegas Sands Corporation (NYSE: LVS); NASDAQ OMX Group Inc. (NASDAQ: NDAQ); and QUALCOMM Inc. (NASDAQ: QCOM).

We have provided estimates from Thomson Reuters on each and offered commentary and guidance on some of these companies.  More detailed previews will be available Tuesday morning for the reports due after the closing bell:

Aetna Inc. (NYSE: AET) estimates are $0.98 EPS and $8.49 billion.  Watch the medical loss ratio here as it seems to be in quarters past that insurance outfits have been making more money than they were supposed to be making once the new healthcare laws go into effect.  With shares around $44, the year high is $46.01.

The Allstate Corporation (NYSE: ALL) will prove if it has everyone in good hands or not.  Thomson Reuters has estimates of $0.97 EPS.  With shares around $29, its 52-week range is $22.27 to $34.40.

AOL Inc. (NYSE: AOL) has now seen shares bounce 60% off of the bottom and that is despite the recent news that Facebook is taking much of the new advertising market share.  Estimates are $0.16 EPS per Thomson Reuters data but we just saw $0.28 noted in a Dow Jones preview yesterday.  That being said, we are staying out of this one.

BMC Software Inc. (NASDAQ: BMC) is expected to post $0.82 EPS on almost $556 million in sales.

Capstead Mortgage Corp. (NYSE: CMO) is not a market moving stock, but investors who are into the world of high-yielding mortgage REITs will be watching.  The estimate is $0.41 EPS (actually FFO) and the next dividend will be likely dependent upon that report.  Its dividend yield screens north of 13% today.

Chipotle Mexican Grill Inc. (NYSE: CMG) is a cult stock if there every was one and now its valuation is close to $11.5 billion and the stock is within 2% of its all-time high. Thomson Reuters has a consensus of $1.83 EPS and $591.1 million in sales.  For 2012, the estimates are $8.68 EPS and 2.7 billion in revenues.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is another huge cult stock down on its luck from recent highs.  The stock is still down by more than half.  Thomson Reuters has estimate at $0.36 EPS and $1.06 billion in sales.

JDS Uniphase Corporation (NASDAQ: JDSU) still has a huge shareholder base that got buried in the first big tech bubble.  At $12.75, the 52-week range is $8.59 to $29.12.  Thomson Reuters has a consensus of $0.10 EPS and $390.9 million.

Las Vegas Sands Corporation (NYSE: LVS) is also within striking distance of a near-term high as shares are currently around $49.00 against a 52-week range of $36.05 to $50.68.  The consensus estimates from Thomson Reuters are $0.57 EPS and $2.46 billion in sales. 

NASDAQ OMX Group Inc. (NASDAQ: NDAQ) is a value stock when it comes to the exchanges and it is not supposedly trying to do any crazy merger right now.  At $25.00 the 52-week range is $20.32 to $29.71.  The consensus estimate is $0.62 EPS and $417.8 million. 

QUALCOMM Inc. (NASDAQ: QCOM)is within striking distance of its yearly high as shares are around $58.80 and the 52-week range is $45.98 to $59.84.  Thomson Reuters has estimates of $0.90 EPS on $4.57 billion in revenues. Next quarter estimates are $0.89 EPS and $4.49 billion in sales.  Keep in mind that if it rallies much more than the current $98.8 billion market cap will be $100 billion.


JON C. OGG

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