Investing

Top Earnings Previews For Wednesday (AKAM, CSCO, CSC, ENB, GRPN, IM, ICE, LVLT, MCO, NWSA, PNG, PAA, PRU, RL, RAI, S, TWX, VICL, V, WFM)

Enbridge Inc. (NYSE: ENB) has estimates of $0.40 EPS.  Shares just hit a new 52-week high on Tuesday.

Groupon Inc. (NASDAQ: GRPN) has estimates of $0.03 EPS and $475.15 million in revenues.  Groupon will have its first earnings as a public company.  Needless to say, you can imagine just how high some of the comments are going to be about annualized valuations here.

Ingram Micro Inc. (NYSE: IM) has estimates of $0.56 EPS and $9.71 billion in revenues.  Has anyone asked why Ingram pays no dividend despite what would otherwise be a low valuation?

IntercontinentalExchange Inc. (NYSE: ICE) has estimates of $1.69 EPS and $325.93 million in revenues. Does the failed NYSE-Deutsche exchange merger matter here?

Level 3 Communications Inc. (NASDAQ: LVLT) has estimates of -$1.06 EPS and $1.63 billion in revenues.  Level 3 is still trying to sell itself as a EBITDA story and is expected to lose money for the periods ahead as well.

Moody’s Corporation (NYSE: MCO) has estimates of $0.48 EPS and $567.33 million in revenues.  The ratings agency is up almost 50% from a year low and the stock is within 10% of a year high as well.

News Corp. (NASDAQ: NWSA) has estimates of $0.34 EPS and $8.94 billion in revenues.

PAA Natural Gas Storage L.P. (NYSE: PNG) has estimates of $0.24 EPS and $41.64 million in revenues.

Plains All American Pipeline L.P. (NYSE: PAA) has estimates of $1.50 EPS and $9.2 billion in revenues.

Prudential Financial Inc. (NYSE: PRU) has estimates of $1.76 EPS and $10.2 billion in revenues.

Ralph Lauren Corporation (NYSE: RL) has estimates of $1.67 EPS and $1.75 billion in revenues.

Reynolds American Inc. (NYSE: RAI) has estimates of $0.69 EPS and $2.12 billion in revenues.

Sprint Nextel Corporation (NYSE: S) has estimates of -$0.37 EPS and $8.689 billion in revenues. We have more details here with more preview and secondary and tertiary information.

Time Warner Inc. (NYSE: TWX) has estimates of $0.87 EPS and $8.07 billion in revenues.

Vical Inc. (NASDAQ: VICL) has estimates of -$0.12 EPS.  We are not caring about the earnings but about its cancer trials and any new word on that front along with its cash burn rate.

Visa Inc. (NYSE: V) has estimates of $1.45 EPS and $2.47 billion in revenues. Shares are within 1 percent of a 52-week high.  Visa still out-yields in its dividend of only 0.8% against rival Mastercard even after the rival doubled its payout today.

Whole Foods Market Inc. (NASDAQ: WFM) has estimates of $0.60 EPS and $3.38 billion in revenues.  The grocery chain is more like a luxury brand than a grocer per its stock valuation (33.5-times forward 2012 earnings estimates). With shares close to $76.00, the 52-week range is $52.52 to $78.29.

JON C. OGG