Earnings season is well under way now and we wanted to offer previews for the biggest impact stocks which have earnings on Thursday and Friday. The remaining most important earnings we are tracking will be from Advanced Micro Devices, Inc. (NYSE: AMD), Ford Motor Co. (NYSE: F), F5 Networks, Inc. (NASDAQ: FFIV), UnitedHealth Group Inc. (NYSE: UNH), Union Pacific Corporation (NYSE: UNP), Google Inc. (NASDAQ: GOOG), Air Products and Chemicals Inc. (NYSE: APD), Airgas, Inc. (NYSE: ARG), Bank of America Corporation (NYSE: BAC), General Electric Co. (NYSE: GE), and Schlumberger Ltd. (NYSE: SLB). We have added updated all consensus estimates and share price action that we have seen, and we have added in extra color if appropriate.
Advanced Micro Devices, Inc. (NYSE: AMD) is due to report after the close of trading on Thursday and we’ll get to likely find out a lot more about Dirk Meyer’s sudden “amicable and mutual departure” from the company. Thomson Reuters has estimates of $0.11 EPS and $1.63 billion in revenues, and next quarter estimates are $$0.07 EPS and $1.54 billion in revenues. Even with shares under $8.00, shares were under $6.00 back in September and shares were under $7.50 as recently as the start of December. After the CEO departure, it is safe to assume that the whispers and unofficial estimates have been lowered rather than raised.
Ford Motor Co. (NYSE: F) is due Thursday morning as the poster-child of the turnaround in the U.S. auto sector. It is safe to assume that Alan Mulally will be in his normal great mood. Thomson Reuters has estimates of $0.48 EPS and $30.57 billion in revenues. What is interesting is that investors have lightened up on Wednesday as Ford is down close to 4% and back just under $18.00. Analysts have a median price target of about $20.00 and it is going to take stellar earnings and guidance to appease some concerns over how much shares should have run up.
F5 Networks, Inc. (NASDAQ: FFIV) was one we had expected Thursday but it reported earnings after the close on Wednesday and let’s just say that the drop in the after-hours on mixed guidance is awful due to it being such a high-flying stock with gains of about 200% over the last year. Its $11.1 billion market cap and index-adds will have F5 and its network optimization technology under a larger focus now. Thomson Reuters had estimates of $0.83 EPS and $270.34 million in revenues.