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Companies and Brands

Earnings Previews For Friday (BEAM, CLX, EL, SPG, TSN)

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By Jon C. Ogg Updated Published
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We have noted that this week should be the climax of the companies reporting earnings which have a calendar or quarterly year-end in December.  Still, some reports are still coming this week and next week and we have a few earnings that investors and speculators will want to watch out for on Friday.

We are tracking and previewing earnings reports due in shares of Beam Inc. (NYSE: BEAM); Clorox Co. (NYSE: CLX); Estee Lauder Companies (NYSE: EL); Simon Property Group Inc. (NYSE: SPG); and Tyson Foods Inc. (NYSE: TSN).  We have included estimates from Thomson Reuters and added color in on each.

Beam Inc. (NYSE: BEAM) is set to report Friday morning and estimates are $0.67 EPS and $653.36 million in sales.  This one has been a bit difficult for many investors to predict since the reorganization last year but shares have recovered some 15% since October.

Clorox Co. (NYSE: CLX) is due to report and estimates are $0.69 EPS and $1.2 billion in sales.  For just how relevant this one is, it is not even 10% of the size of P&G when it comes to revenues. This one remains expensive in valuation and its dividend yield is about 3.3%.

Estee Lauder Companies (NYSE: EL) is still close to a 52-week high, so investors need to watch closely here.  Estimates are $1.01 EPS and $2.75 billion in sales. That is a lot of beauty products. Unfortunately, this one has a dividend yield of less than 1%.

Simon Property Group Inc. (NYSE: SPG) Is expected to report $1.90 EPS on $1.16 billion in sales.  Keep in mind that REITs are FFO rather than EPS.  The stock trades at a premium to peers for its premium shopping mall properties.  The dividend yield here is only about 2.6% and shares hit a new year and all-time high on Thursday.

Tyson Foods Inc. (NYSE: TSN) is expected to report $0.34 EPS on $8.3 billion in sales.  Next quarter  estimates are $0.45 EPS and $8.5 billion in sales.  At $18.60, its 52-week range is $15.60 to $21.06 and its dividend yield does not even hit 1% currently.

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JON C. OGG

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Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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