9 Companies to Consider That Are Reporting Earnings on Tuesday, Part II

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 |  Includes: AGNC, AKS, EA, GILD, JNPR, NBR, QRVO, WU, X
by: Robert Weinstein

This is Part II of earnings being reported on Tuesday. There are quite a few market moving stocks reporting earnings. It is not hard to tell that we are right in the middle of earnings season. Due to the quantity of companies reporting I am focusing on the highest volume traded stocks.

Juniper Networks Inc (NYSE:JNPR) is a $16.67 billion market cap company. Juniper Networks, Inc. (Juniper Networks) designs, develops, and sells products and services that together provide its customers with network infrastructure that creates responsive and trusted environments for accelerating the deployment of services and applications over a single network.

The company reported (basic) $0.24 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 2.18. The next reporting quarter estimated mean earnings are $0.27 per share. Analyst estimates range between $0.25 and $0.28 per share.

The current trailing twelve months (ttm) P/E ratio is 28.688 and the forward P/E ratio is 19.54. The falling P/E ratio is the result of future earnings increasing relative to the current price and suggests bullishness in the company by analysts. The stock has a price to book ratio (ttm) of 3.01. The price to sales ratio is 4.86.

In the last month the stock has moved in price 1.62%, with a one year change of 1.91%. Comparing to the S&P500 price change, Juniper Networks Inc's performance is 4.64% vs. the S&P 500 from a month ago, and the one year difference is 6.84% vs. S&P 500 price change.

The annual growth rate of revenue is 23.44%. The last fiscal year had accounts receivable to sales percentage of 0.1458% compared to the same period a year earlier of 0.1383%.
Juniper Networks Inc has rising revenue year-over-year of $4.09 billion for 2010 vs. $3.32 billion for 2009. The bottom line has rising earnings year-over-year of $618.40 million for 2010 vs. $117.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $767.58 million for 2010 vs. $310.70 million for 2009. The chart just broke the downward trendline on the daily and the weekly charts. This is a very positive technical indication that the stock has likely bottomed out. While the daily is under the 200 day moving average, the weekly is still above the moving average. I would be on the lookout for an earnings beat and a change in trend direction from negative to positive. What is especially interesting, is that the stock broke the trendline on a day that the overall market traded lower. The next area of resistance is near the 33.50 range.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.32 0.32 0 0.00%
Dec-10 0.37 0.39 0.02 6.64%
Sep-10 0.32 0.32 0 0.00%
Jun-10 0.29 0.3 0.01 4.38%
Mar-10 0.26 0.27 0.01 5.51%
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United States Steel Corp (NYSE:X) is a $6.44 billion market cap integrated steel producer of flat-rolled and tubular products with major production operations in North America and Europe. U. S. Steel has annual raw steel production capability of 31.7 million net tons (tons) (24.3 million tons in North America and 7.4 million tons in Europe).

The company reported (basic) $0.6 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 0.94. The next reporting quarter estimated mean earnings are $1.26 per share. Analyst estimates range between $0.8 and $1.62 per share.

The forward P/E ratio is 8.58. The stock has a price to book ratio (ttm) of 2.18. The price to sales ratio is 0.48.

In the last month the stock has moved in price 7.15%, with a one year change of -4.09%. Comparing to the S&P500 price change, United States Steel Corp's performance is 1.05% vs. the S&P 500 from a month ago, and the one year difference is -22.01% vs. S&P 500 price change.

The annual growth rate of revenue is 57.26%. The last fiscal year had accounts receivable to sales percentage of 0.1206% compared to the same period a year earlier of 0.1482%. For the trailing twelve months investors received $0.2 in dividends for a yield of 0.45%.


United States Steel Corp has rising revenue year-over-year of $17.37 billion for 2010 vs. $11.05 billion for 2009. The bottom line has rising earnings year-over-year of $-482.00 million for 2010 vs. $-1,401.00 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $-111.00 million for 2010 vs. $-1,684.00 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 -0.36 -1.16 -0.8 NA%
Dec-10 -1.11 -1.22 -0.11 NA%
Sep-10 0.22 -1.2 -1.42 -634.76%
Jun-10 0.63 0.45 -0.18 -28.42%
Mar-10 -1.39 -0.73 0.66 NA%
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Electronic Arts Inc. (ERTS) is a $7.93 billion market cap company. Electronic Arts Inc. develops, markets, publishes and distributes game software and content that can be played by consumers on a variety of video game machines and electronic devices.

The company reported (basic) $0.45 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 1.48.

The forward P/E ratio is 32.34. The stock has a price to book ratio (ttm) of 2.51. The price to sales ratio is 1.8.

In the last month the stock has moved in price -9.62%, with a one year change of -12.95%. Comparing to the S&P 500 price change, Electronic Arts Inc.'s performance is 8.15% vs. the S&P 500 from a month ago, and the one year difference is 11.16% vs. S&P 500 price change.

The annual growth rate of revenue is -1.78%. The last fiscal year had accounts receivable to sales percentage of 0.0933% compared to the same period a year earlier of 0.0564%.
Electronic Arts Inc. has falling revenue year-over-year of $3.59 billion for 2010 vs. $3.65 billion for 2009. The bottom line has rising earnings year-over-year of $-276.00 million for 2010 vs. $-677.00 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $-312.00 million for 2010 vs. $-686.00 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.22 0.25 0.03 15.31%
Dec-10 0.56 0.59 0.03 4.55%
Sep-10 -0.1 0.1 0.2 NA%
Jun-10 -0.35 -0.24 0.11 NA%
Mar-10 0.05 0.07 0.02 35.4%
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AK Steel Holding Corp (NYSE:AKS) is a $1.74 billion market cap producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).

The company reported (basic) $0.08 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 1.13. The next reporting quarter estimated mean earnings are $0.5 per share. Analyst estimates range between $0.45 and $0.59 per share.

The forward P/E ratio is 9.09. The stock has a price to book ratio (ttm) of 2.8. The price to sales ratio is 0.3.

In the last month the stock has moved in price 11.18%, with a one year change of 5.89%. Comparing to the S&P500 price change, AK Steel Holding Corp's performance is 4.85% vs. the S&P 500 from a month ago, and the one year difference is -13.9% vs. S&P 500 price change.

The annual growth rate of revenue is 46.4%. The last fiscal year had accounts receivable to sales percentage of 0.0809% compared to the same period a year earlier of 0.1136%. For the trailing twelve months investors received $0.2 in dividends for a yield of 1.27%.


AK Steel Holding Corp has rising revenue year-over-year of $5.97 billion for 2010 vs. $4.08 billion for 2009. The bottom line has falling earnings year-over-year of $-128.90 million for 2010 vs. $-74.60 million for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $-133.90 million for 2010 vs. $-70.10 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 -0.01 0.08 0.09 NA%
Dec-10 -0.62 -0.49 0.13 NA%
Sep-10 -0.38 -0.54 -0.16 NA%
Jun-10 0.07 0.24 0.17 266.41%
Mar-10 0.25 0.25 0 0.00%
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Gilead Sciences Inc (NASDAQ:GILD) is a $34.01 billion market cap bio-pharmaceutical company. The company focuses on the development and commercialization of human therapeutics for life threatening diseases. The company has operations in North America, Europe and Asia Pacific.
The company reported (basic) $0.82 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 1.83. The next reporting quarter estimated mean earnings are $0.96 per share. Analyst estimates range between $0.92 and $1.01 per share.

The current trailing twelve months (ttm) P/E ratio is 13.503 and the forward P/E ratio is 10.03. The falling P/E ratio is the result of future earnings increasing relative to the current price and suggests bullishness in the company by analysts. The stock has a price to book ratio (ttm) of 5.4. The price to sales ratio is 3.98.

In the last month the stock has moved in price 22.99%, with a one year change of 28.6%. Comparing to the S&P500 price change, Gilead Sciences Inc's performance is 1.69% vs. the S&P 500 from a month ago, and the one year difference is 1.99% vs. S&P 500 price change.

The annual growth rate of revenue is 13.38%. The last fiscal year had accounts receivable to sales percentage of 0.204% compared to the same period a year earlier of 0.1982%.
Gilead Sciences Inc has rising revenue year-over-year of $7.95 billion for 2010 vs. $7.01 billion for 2009. The bottom line has rising earnings year-over-year of $2.90 billion for 2010 vs. $2.64 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $3.96 billion for 2010 vs. $3.53 billion for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.97 0.87 -0.1 -10.7%
Dec-10 0.94 0.95 0.01 0.77%
Sep-10 0.87 0.9 0.03 3.12%
Jun-10 0.87 0.85 -0.02 -1.98%
Mar-10 0.97 0.99 0.02 2.13%
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Nabors Industries Ltd (NYSE:NBR) is a $7.92 billion market cap land drilling contractor and a land well-servicing and workover contractor in the United States and Canada. As of December 31, 2010, the company marketed approximately 550 land drilling rigs for oil and gas land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia and Africa.
The company reported (basic) $0.29 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 1.14. The next reporting quarter estimated mean earnings are $0.25 per share. Analyst estimates range between $0.22 and $0.29 per share.

The current trailing twelve months (ttm) P/E ratio is 55.14 and the forward P/E ratio is 11.25. The falling P/E ratio is the result of future earnings increasing relative to the current price and suggests bullishness in the company by analysts. The stock has a price to book ratio (ttm) of 1.28. The price to sales ratio is 1.63.

In the last month the stock has moved in price 19.66%, with a one year change of 52.32%. Comparing to the S&P 500 price change, Nabors Industries Ltd's performance is 12.84% vs. the S&P 500 from a month ago, and the one year difference is 23.86% vs. S&P 500 price change.

The annual growth rate of revenue is 13.34%. The last fiscal year had accounts receivable to sales percentage of 0.2675% compared to the same period a year earlier of 0.1966%.
Nabors Industries Ltd has rising revenue year-over-year of $4.17 billion for 2010 vs. $3.68 billion for 2009. The bottom line has rising earnings year-over-year of $94.70 million for 2010 vs. $-85.55 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $361.25 million for 2010 vs. $246.36 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.34 0.29 -0.05 -14.38%
Dec-10 0.37 0.44 0.07 18.5%
Sep-10 0.23 0.29 0.06 26.25%
Jun-10 0.18 0.19 0.01 5.97%
Mar-10 0.20 0.14 -0.06 -31.03%
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American Capital Agency Corp (NASDAQ:AGNC) is a $5.11 billion market cap real estate investment trust (REIT), which invests in residential mortgage pass-through securities and collateralized mortgage obligations on a leveraged basis.

The company reported (basic) $1.48 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 1.12. The next reporting quarter estimated mean earnings are $1.34 per share. Analyst estimates range between $1.24 and $1.47 per share.

The current trailing twelve months (ttm) P/E ratio is 4.099 and the forward P/E ratio is 6.36. A rising P/E ratio is usually not what we want to see for an investment. The stock has a price to book ratio (ttm) of 0.67.

In the last month the stock has moved in price --%, with a one year change of --%. Comparing to the S&P500 price change, American Capital Agency Corp's performance is 0.9% vs. the S&P 500 from a month ago, and the one year difference is 1.16% vs. S&P 500 price change.

The annual growth rate of revenue is 0%. For the trailing twelve months investors received $5.6 in dividends for a yield of 18.87%.


American Capital Agency Corp has falling revenue year-over-year of $0.00 million for 2010 vs. $0.00 million for 2009. The bottom line has rising earnings year-over-year of $288.12 million for 2010 vs. $118.61 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $-18.81 million for 2010 vs. $-11.15 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 1.36 1.48 0.12 8.76%
Dec-10 2.18 2.5 0.32 14.79%
Sep-10 1.22 1.69 0.47 37.97%
Jun-10 1.10 1.23 0.13 11.91%
Mar-10 1.04 0.79 -0.25 -24.21%
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Western Union Co (NYSE:WU) is a $12.25 billion market cap company. The Western Union Company (Western Union) is engaged in money movement and payment services. Western Union services are available through a global network of more than 445,000 agent locations in more than 200 countries and territories, with approximately 85% of those locations outside of the United States.

The company reported (basic) $0.32 per share in earnings for the quarter ending March 31, 2011. The Quick Ratio is 0.68. The next reporting quarter estimated mean earnings are $0.37 per share. Analyst estimates range between $0.35 and $0.39 per share.

The current trailing twelve months (ttm) P/E ratio is 13.935 and the forward P/E ratio is 11.39. The falling P/E ratio is the result of future earnings increasing relative to the current price and suggests bullishness in the company by analysts. The stock has a price to book ratio (ttm) of 21.32. The price to sales ratio is 2.39.

In the last month the stock has moved in price 0.73%, with a one year change of 20.76%. Comparing to the S&P500 price change, Western Union Co's performance is -5.01% vs. the S&P 500 from a month ago, and the one year difference is -1.81% vs. S&P 500 price change.

The annual growth rate of revenue is 2.15%. For the trailing twelve months investors received $0.25 in dividends for a yield of 1.65%. The stock chart looks weak and very little growth is being priced into the share price. I would not expect much one way or the other, absent a total outlier of a report.


Western Union Co has rising revenue year-over-year of $5.19 billion for 2010 vs. $5.08 billion for 2009. The bottom line has rising earnings year-over-year of $909.90 million for 2010 vs. $848.80 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $1.30 billion for 2010 vs. $1.28 billion for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.34 0.35 0.01 2.94%
Dec-10 0.35 0.38 0.03 8.7%
Sep-10 0.35 0.37 0.02 7.12%
Jun-10 0.32 0.36 0.04 13.03%
Mar-10 0.30 0.3 0 0.00%
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RF Micro Devices, Inc. (RFMD) is a $1.8 billion market cap company. RF Micro Devices, Inc. is engaged in the design and manufacture of radio frequency (RF) components and compound semiconductor technologies.

The company reported (basic) $0.09 per share in earnings for the quarter ending April 2, 2011. The Quick Ratio is 3.34. The next reporting quarter estimated mean earnings are $0.05 per share. Analyst estimates range between $0.04 and $0.06 per share.

The current trailing twelve months (ttm) P/E ratio is 14.75 and the forward P/E ratio is 12.98. The stock has a price to book ratio (ttm) of 2.65. The price to sales ratio is 1.7. While the stock price has come off recent lows, it is still under the 200 day moving average. It would appear that a retest of the moving average may be in order soon. On the weekly chart the 200 week moving average has basically flat-lined near $4.40 a share.

In the last month the stock has moved in price -9.89%, with a one year change of -10.99%. Comparing to the S&P500 price change, Rf Micro Devices Inc's performance is 3.02% vs. the S&P 500 from a month ago, and the one year difference is 3.69% vs. S&P 500 price change.

The annual growth rate of revenue is 7.5%. The last fiscal year had accounts receivable to sales percentage of 0.1242% compared to the same period a year earlier of 0.1462%.
Rf Micro Devices Inc has rising revenue year-over-year of $1.05 billion for 2010 vs. $978.39 million for 2009. The bottom line has rising earnings year-over-year of $124.56 million for 2010 vs. $71.02 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $139.52 million for 2010 vs. $106.41 million for 2009.

Here is a look at reported earnings (some one time items are often excluded in reported EPS) compared to the mean estimate. Dollar differences are rounded to the nearest penny and percentage differences are rounded based on rounded dollar differences.

Fiscal Quarter Ending Month-YR Estimate Actual Difference Difference %
Mar-11 0.08 0.08 0 0.00%
Dec-10 0.18 0.19 0.01 3.66%
Sep-10 0.16 0.19 0.03 16%
Jun-10 0.15 0.16 0.01 6.67%
Mar-10 0.12 0.16 0.04 38.65%
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.