Investing

Top Earnings Previews For The Week Ahead (CIM, HUM, ADM, COH, DRYS, DUK, OPEN, PFE, SIRI, AWK, CLX, CMCSA, DNDN, GRMN, WFR, TSLA, ZIP, AIG, CVS, DF, FSLR, KFT, LNKD, PCLN, LUV, PG)

We have another very busy earnings week ahead for the second quarter reporting season.  Some are DJIA components and some are sector-movers or market-movers.  We are tracking earnings and giving previews for the following: Chimera Investment Corporation (NYSE: CIM), Humana Inc. (NYSE: HUM), Archer-Daniels-Midland Company (NYSE: ADM), Coach, Inc. (NYSE: COH), DryShips Inc. (NASDAQ: DRYS), Duke Energy Corporation (NYSE: DUK), OpenTable, Inc. (NASDAQ: OPEN), Pfizer, Inc. (NYSE: PFE), Sirius XM Radio Inc. (NASDAQ: SIRI), American Water Works Company, Inc. (NYSE: AWK), Clorox Company (NYSE: CLX), Comcast Corporation (NASDAQ: CMCSA), Dendreon Corporation (NASDAQ: DNDN), Garmin Ltd. (NASDAQ: GRMN), MEMC Electronic Materials, Inc. (NYSE: WFR), Tesla Motors, Inc. (NASDAQ: TSLA),  Zipcar, Inc. (NASDAQ: ZIP), American International Group, Inc. (NYSE: AIG), CVS Caremark Corporation (NYSE: CVS), Dean Foods Company (NYSE: DF), First Solar, Inc. (NASDAQ: FSLR), Kraft Foods Inc. (NYSE: KFT), LinkedIn Corporation (NYSE: LNKD), Priceline.com Incorporated (NASDAQ: PCLN), Southwest Airlines Co. (NYSE: LUV), and Procter & Gamble Company (The) (NYSE: PG).

We have given previews using Thomson Reuters Consensus data, shown price ranges, trading ranges, shown a Thomson Reuters analyst consensus price target, and added in color on most companies.

MONDAY

Chimera Investment Corporation (NYSE: CIM) has estimates of $0.15 EPS and $175.58 million in revenues; next quarter estimates are $0.14 EPS and $173.62 million in revenues.  Shares are trading around $3.09, the 52-week trading range is $2.62 to $4.36 and the consensus price target from analysts is $4.18.  Chimera is not going to be a market mover, but it will highlight some of the issues facing the leveraged MBS REIT players.  Will it be able to maintain what was recently tallied up as being nearly 17% on an annualized basis.  Per its REIT status, Chimera is required to distribute at least 90% of its REIT taxable income to shareholders.

Humana Inc. (NYSE: HUM) has estimates of $2.06 EPS and $9.32 billion in revenues; next quarter estimates are $1.97 EPS and $9.21 billion in revenues.  Shares are trading around $74.38, the 52-week trading range is $45.36 to $84.32 and the consensus price target from analysts is $88.22. Humana will follow three other healthcare insurers in earnings, and so far it is UnitedHealth which has hit highs and is so far winning the race this earnings season.

TUESDAY

Archer-Daniels-Midland Company (NYSE: ADM) has estimates of $0.85 EPS and $20.43 billion in revenues; next quarter estimates are $0.76 EPS and $18.33 billion in revenues.  Shares are trading around $30.74, the 52-week trading range is $26.50 to $38.02 and the consensus price target from analysts is $38.71. The saga continues for ADM.  With a $20 billion market cap this would still have to run 50% to challenge the old agriculture and energy highs seen in 2008.

Coach, Inc. (NYSE: COH) has estimates of $0.65 EPS and $1.01 billion in revenues; next quarter estimates are $0.69 EPS and $1.00 billion in revenues.  Shares are trading around $64.50, the 52-week trading range is $35.06 to $69.20 and the consensus price target from analysts is $67.52. Coach is one company that investors will use as a proxy for luxury or at least “above the middle of the pack” when it comes to previewing retail earnings that are about two weeks or three weeks out.  The purse and apparel accessories giant is actually worth a whopping $19 billion in market cap now.  Coach’s guidance could signal the trend of things to come in the higher-end and above the middle retail segment.

DryShips Inc. (NASDAQ: DRYS) has estimates of $0.18 EPS and $270.74 million in revenues; next quarter estimates are $0.21 EPS and $320.2 million in revenues.  Shares are trading around $3.75, the 52-week trading range is $3.56 to $6.44 and the consensus price target from analysts is $6.25. DryShips does not run the market and it does not even really influence other shippers.  The Greek aspect cannot be helping matters, but it is now in the midst of an acquisition after having been a serial capital raising company.  The concerns actually have this one close to 52-week lows and it is not unusual to see massive volume spikes when DryShips has news.