Investing

This Week's Top Earnings on Deck (AZO, TECD, DNDN, JOE, COST, SPLS, GPRE, BIG, KR, MRVL, SLW)

Earnings season may be winding down but there are still sector-moving companies due to report earnings this week.  We will be watching earnings for AutoZone Inc. (NYSE: AZO), Tech Data Corporation (NASDAQ: TECD), Dendreon Corporation (NASDAQ: DNDN), St. Joe Company (NYSE: JOE), Costco Wholesale Corporation (NASDAQ: COST), Staples, Inc. (NASDAQ: SPLS), Big Lots Inc. (NYSE: BIG), The Kroger Company (NYSE: KR), Marvell Technology Group, Ltd. (NASDAQ: MRVL), and Silver Wheaton Corp. (NYSE: SLW).

By time and date, we have included earnings estimates from Thomson Reuters, added in color on each, and have shown some general price and value data if applicable.

AutoZone Inc. (NYSE: AZO) reports Tuesday morning and Thomson Reuters has estimates for the auto-parts supplier of $3.05 EPS and $1.63 billion in revenue; estimates for the current quarter are $4.85 EPS and $1.91 billion in revenues.  With shares trading around $256.00, the 52-week trading range is $162.57 to $276.00.

Tech Data Corporation (NASDAQ: TECD) will offer some keen insight on the warehousing of and the delivery trends of the world’s technology purchases.  Thomson Reuters has estimates of $1.43 EPS and $6.87 billion in revenues.  With shares around $50.00, its 52-week trading range is $34.82 to $51.37.

Dendreon Corporation (NASDAQ: DNDN) reports after the close on Tuesday.  Our take is that investors will be looking for guidance over real results as there are still small numbers generated so far due to what is a minimal production scale of Provenge.  Prior 2011 guidance was promised to be very back-end loaded and that poses risks if there are any delays as it ramps up capacity. Another outstanding issue is the reimbursement rates and the use of on-label versus off-label use.  Thomson Reuters has estimates of -$0.49 EPS and $24.68 million in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of -$0.59 EPS and $29.44 in revenues.  With shares around $33.70, its 52-week range is $25.78 to $57.67 and it closed out 2010 at $34.92.

St. Joe Company (NYSE: JOE) is due after the close on Tuesday and it has canceled its conference call now that the CEO just stepped down and the company has brought back in Bruce Berkowitz and three new directors in an activist investor raid. Thomson Reuters has estimates of -$0.09 EPS and $24.3 million in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of -$0.06 EPS and $25.45 in revenues. With shares around $27.80, its 52-week range is $17.04 to $37.44 and it closed out 2010 at $21.85.

Costco Wholesale Corporation (NASDAQ: COST) is due with its earnings Wednesday morning and we have a positive bias after seeing Target, Wal-Mart and others this last week.  Just watch out for what is a premium valuation.  Thomson Reuters has estimates of $0.78 EPS and $20.52 billion in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of $0.75 EPS and $19.37 in revenues.  With shares around $74.50, its 52-week range is $53.41 to $75.48 and it closed out 2010 at $72.01.