We are getting into the last of the normalized quarterly earnings reports and into the first waves of the companies with off-normal quarter-ends. Tuesday is going to be another busy day with many earnings. The earnings previews are for the following: Annaly Capital Management Inc. (NYSE: NLY); Bp Plc (NYSE: BP); Buffalo Wild Wings Inc. (NASDAQ: BWLD); Cerner Corporation (NASDAQ: CERN); Church & Dwight Co. (NYSE: CHD); Coca-Cola Co. (NYSE: KO); Emerson Electric Co. (NYSE: EMR); Hartford Financial Services Group Inc. (NYSE: HIG); Jive Software Inc. (NASDAQ: JIVE); NETGEAR Inc. (NASDAQ: NTGR); OpenTable Inc. (NASDAQ: OPEN); Panera Bread Co. (NASDAQ: PNRA); Synchronoss Technologies, Inc. (NASDAQ: SNCR); Toyota Motor Corporation (NYSE: TM); and The Walt Disney Co. (NYSE: DIS).
We have compiled previews using Thomson Reuters consensus data and have added color on each if applicable.
Annaly Capital Management Inc. (NYSE: NLY) is going to be closely watched by the dividend investors because of that 13% implied dividend yield. The mortgage REIT is expected to report $0.56 per share.
Bp Plc (NYSE: BP) has recovered handily from the 2010 Deepwater Horizon disaster. This is an ADR so its earnings will be converted from U.K. Pounds… The estimate is $1.57 per share and the stock is up well over 50% from when its shares sold off so much in 2010. Keep in mind that this was a $60 stock before the Gulf of Mexico disaster.
Buffalo Wild Wings Inc. (NASDAQ: BWLD) is not so hot after the Super Bowl and we are six weeks from the next mega-event in sports. Estimates are $0.67 EPS and $210.25 million. This one remains expensive at almost 22-times full 2012 earnings expectations and it is only about $2.00 shy of a 52-week and all-time high.
Cerner Corporation (NASDAQ: CERN) is expected to report $0.53 EPS and $586.86 million in sales. At $63.20, the 52-week trading range for the healthcare information technology and support company is $53.93 to $74.39.
Church & Dwight Co. (NYSE: CHD) is expected to report $0.51 EPS and $694.32 million. At $45.50, the 52-week range is $33.83 to $47.00. This consumer products company remains at a large valuation premium to its larger consumer products rivals and it also has a much lower dividend yield.