Pandora Media Inc. (NYSE: P) reports after the close on Tuesday and investors are still trying to get a better grasp on its business model as far as how it will make money. The company surprised before. Estimates are -$0.02 EPS on just over $83 million in sales and the market value is $2.2 billion.
WEDNESDAY, MARCH 7
American Eagle Outfitters Inc. (NYSE: AEO) has estimates of $0.35 EPS and $1.05 billion in sales. With where its stock is around $14.50, this looks fairly valued so it will likely take good news or bad news to move the stock.
Children’s Place Retail Stores Inc. (NASDAQ: PLCE) has estimates of $0.91 EPS on just over $478.1 million in sales.
H&R Block Inc. (NYSE: HRB) is expected to report $0.05 EPS and $700 million sales, but next quarter is the tax-season money quarter. Next quarter targets are $2.24 EPS on $2.11 billion in sales. To emphasize how much the tax season matters, the entire fiscal year-end of April 2012 is expected to be $3.01 billion.
Hovnanian Enterprises Inc. (NYSE: HOV) is expected to report -$0.47 EPS and $287.66 million in sales.
THURSDAY, MARCH 8
A123 Systems Inc. (NASDAQ: AONE) failed to rally on Tuesday’s construction news. Estimates are -$0.51 EPS on almost $48.5 million in revenues. Shares are well under $2.00 now.
Altera Corporation (NASDAQ: ALTR) is a ‘business update’ rather than a formal earnings release. Estimates are $0.37 EPS and $426.8 million in sales.
Anheuser Busch Inbev SA (NYSE: BUD) has estimates of $0.91 EPS and $9.9 billion in sales. We would remind investors that this is now translated from Euros now that this is not a U.S.-based company.
Renren Inc. (NYSE: RENN) is still down and out from its 2011 IPO but it is still very actively traded as a Facebook knock-off in China. Renren is expected to report earnings of $0.02 EPS and almost $32.3 million in sales. Next quarter estimates are -$0.04 EPS on almost $30.9 million in sales.
Smithfield Foods Inc. (NYSE: SFD) is expected to report earnings of $0.66 EPS and $3.5 billion in sales.
Williams Sonoma Inc. (NYSE: WSM) is expected to report earnings of $1.13 EPS and $1.25 billion in sales. Shares are down almost 15% from the 52-week high and the shares are still close to the consensus price target of $39.57.
Keep in mind on any of these companies that dates and estimates can change without notice.
JON C. OGG
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