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Tuesday promises to be another busy day for many investors. We expect to see earnings on many stocks; the following in particular caught my eye. These are the biggest ones offering the most liquid markets to profit from. If you own these names or looking to buy before the release you may want to think about protecting from the downside in case of a miss through options. Just as important, if you are considering writing options due to the "unusual" premium, know that the price may have a very fast and far move after each company reports. I am including some of the key numbers that I believe should be looked at before investing into earnings.

Sirius XM Radio Inc. (NASDAQ:SIRI) is a $8.37 billion market cap company that trades an average of 71.94 million shares per day. The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.

Industry: Broadcasting & Cable TV
Recent Price: $2.09
52 Week High: $2.44
52 Week Low: $0.95
Book Value: $0.08

I remain negative on SIRI, and believe that time decay will happen quicker than the stock will be able to continue to move higher. I have written several articles about SIRI. You can read them HERE, HERE, HERE and HERE. While my level of short term bearishness with Sirius has waned, I believe longer term Sirius will have difficulty maintaining a satellite content delivery system due to competitive cost pressures. Sirius was recently added to the NASDAQ 100 index, and yet the price of the stock would not suggest a price over $2.50 is in the cards anytime soon.


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The company reported (basic) $0.02 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.98. During earnings season, Beta generally will increase. A Beta of 1 moves up and down with the market at an equal pace (equal amount of "volatility" as the overall market). Companies with a Beta of less than 1 have a history of relative price stability. Companies with a Beta over 1 have a history of relatively larger price swings compared to the overall market. At $2.09, the price is currently above the 200 day moving average of 1.78, and below the 60 day moving average of 2.16. The Quick Ratio is 0.41(generally the higher the better). The next reporting quarter estimated mean earnings are $0.01 per share.


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The chart looks somewhat positive with the 200 day moving average trending higher, while at the same time the stock just broke down through the trendline support. Monday should be a very interesting day in price direction as investors position for the earnings release. Ford (NYSE:F) and General Motors (NYSE:GM) are in the dog house, suggesting SIRI will not light up the exchange with fireworks of glory either. The price to sales ratio is 3.7.

The current trailing 12 months (ttm) P/E ratio is 208 and the forward P/E ratio is 34.67. The stock has a price to book ratio (ttm) of 50.17. The price to sales ratio is 3.7.

In the last month, the stock has moved in price 1.19%, in the last quarter, it has returned 11.24%, with a one year change of 107.84%. Comparing to the S&P 500 price change, the price performance is 1.38% vs. the S&P 500 from a month ago, 31.45% vs. the S&P 500 from six months ago, and the year to date difference is 25.34% vs. the S&P 500 price change.


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The annual growth rate of revenue is 13.93%. The last fiscal year had accounts receivable to sales percentage of 0.0432% compared to the same period a year earlier of 0.0459%.

The company has rising revenue year-over-year of $2.82 billion for 2010 vs. $2.47 billion for 2009. The bottom line has rising earnings year-over-year of $43.06 million for 2010 vs. $-538.23 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $465.41 million for 2010 vs. $228.33 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. There are so many shares that rounding to the nearest penny makes it difficult to see very well under the hood.

Fiscal Quarter Ending Month-Year Estimate Actual Difference Difference %
Mar-11 0.00 0.02 0.02 NA%
Dec-10 0.00 0.02 0.02 NA%
Sep-10 0.00 0 0 NA%
Jun-10 0.00 -0.01 -0.01 NA%
Mar-10 0.00 0 0 NA%

Pfizer Inc. (NYSE:PFE) is a $152.49 billion market cap company that trades an average of 41.52 million shares per day. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Industry: Major Drugs
Recent Price: $19.37
52 Week High: $21.45
52 Week Low: $14.88
Book Value: $11.40


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The company reported (basic) $0.28 per share in earnings for the quarter ending April 3, 2011. The stock trades at a Beta of 0.72. At $19.37, the price is currently above the 200 day moving average of 19.11, and below the 60 day moving average of 20.45. The Quick Ratio is 1.82. The next reporting quarter estimated mean earnings are $0.59 per share. Analyst estimates range between $0.54 and $0.65 per share.


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The current trailing 12 months (ttm) P/E ratio is 18.26 and the forward P/E ratio is 8.49. The stock has a price to book ratio (ttm) of 1.61. The price to sales ratio is 2.08.

The last fiscal year had accounts receivable to sales percentage of 0.2155% compared to the same period a year earlier of 0.2928%. For the trailing 12 months, investors received $0.75 in dividends for a yield of 4.15%.

The company has rising revenue year-over-year of $67.81 billion for 2010 vs. $50.01 billion for 2009. The bottom line has falling earnings year-over-year of $8.26 billion for 2010 vs. $8.64 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $9.42 billion for 2010 vs. $10.83 billion for 2009.

The annual growth rate of revenue is 35.59%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.59 0.6 0.01 2.02%
Dec-10 0.46 0.47 0.01 2.73%
Sep-10 0.51 0.54 0.03 5.78%
Jun-10 0.52 0.62 0.1 18.59%
Mar-10 0.53 0.6 0.07 13.06%

Marathon Oil Corporation (NYSE:MRO) is a $22.43 billion market cap company that trades an average of 9.68 million shares per day. Marathon Oil Corporation was founded in 1887 and is based in Houston, Texas.

Industry: Oil & Gas - Integrated
Recent Price: $31.20
52 Week High: $34.97
52 Week Low: $18.24
Book Value: $34.70


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The company reported (basic) $1.4 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.17. At $31.20, the price is currently below the 200 day moving average of 43.63, and below the 60 day moving average of 45.26. The Quick Ratio is 0.93. The next reporting quarter estimated mean earnings are $0.99 per share. Analyst estimates range between $0.74 and $1.32 per share. The company has a history of beating expectations, including some big beats in the last year. The stock is currently in the dog house after imploding about a month ago. An earnings beat on Tuesday would go a long way towards rebuilding the share price.


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The current trailing 12 months (ttm) P/E ratio is 7.13 and the forward P/E ratio is 7.21. The stock has a price to book ratio (ttm) of 1.11. The price to sales ratio is 0.36.

The last fiscal year had accounts receivable to sales percentage of 0.0811% compared to the same period a year earlier of 0.0867%. For the trailing 12 months, investors received $0.99 in dividends for a yield of 3.17%.

The company has rising revenue year-over-year of $73.62 billion for 2010 vs. $53.96 billion for 2009. The bottom line has rising earnings year-over-year of $2.57 billion for 2010 vs. $1.46 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $5.32 billion for 2010 vs. $3.59 billion for 2009.

The annual growth rate of revenue is 36.45%.


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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-Year Estimate Actual Difference Difference %
Mar-11 1.42 1.65 0.23 16.57%
Dec-10 0.96 1.09 0.13 13.47%
Sep-10 0.95 1 0.05 5.16%
Jun-10 0.82 1.11 0.29 36.08%
Mar-10 0.19 0.44 0.25 127.63%

Duke Energy Corporation (NYSE:DUK) is a $24.97 billion market cap company that trades an average of 8.91 million shares per day. Duke Energy Corporation was founded in 1916 and is headquartered in Charlotte, North Carolina.

Industry: Electric Utilities
Recent Price: $18.65
52 Week High: $19.50
52 Week Low: $16.76
Book Value: $17.08


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The company reported (basic) $0.38 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.45. At $18.65, the price is currently above the 200 day moving average of 18.21, and below the 60 day moving average of 18.80. The Quick Ratio is 1.26. The next reporting quarter estimated mean earnings are $0.30 per share. Analyst estimates range between $0.26 and $0.33 per share. I believe the bar has been set low for Duke and expect to see a beat of at least 10% higher than the mean. After the recent dip in price it may be a good time to look further into Duke for an investment.


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The current trailing 12 months (ttm) P/E ratio is 17.9 and the forward P/E ratio is 13.3. The stock has a price to book ratio (ttm) of 1.04. The price to sales ratio is 1.65.

The last fiscal year had accounts receivable to sales percentage of 0.1511% compared to the same period a year earlier of 0.1368%. For the trailing 12 months, investors received $0.97 in dividends for a yield of 5.33%.

The company has rising revenue year-over-year of $14.27 billion for 2010 vs. $12.73 billion for 2009. The bottom line has rising earnings year-over-year of $1.32 billion for 2010 vs. $1.08 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $2.46 billion for 2010 vs. $2.25 billion for 2009.

The annual growth rate of revenue is 12.1%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.35 0.39 0.04 11.81%
Dec-10 0.23 0.21 -0.02 -9.56%
Sep-10 0.42 0.51 0.09 20.94%
Jun-10 0.28 0.34 0.06 20.7%
Mar-10 0.32 0.36 0.04 13.17%

CBS Corporation (NYSE:CBS) is a $18.8 billion market cap company that trades an average of 8.49 million shares per day. The company was founded in 1986 and is headquartered in New York, New York.

Industry: Broadcasting & Cable TV
Recent Price: $27.93
52 Week High: $29.68
52 Week Low: $13.01
Book Value: $14.51


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The company reported (basic) $0.3 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.19. At $27.93, the price is currently above the 200 day moving average of 22.63, and above the 60 day moving average of 27.28. The Quick Ratio is 1.15. The next reporting quarter estimated mean earnings are $0.45 per share. Analyst estimates range between $0.4 and $0.5 per share.


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The current trailing 12 months (ttm) P/E ratio is 20.39 and the forward P/E ratio is 13.24. The stock has a price to book ratio (ttm) of 1.35. The price to sales ratio is 0.94.

The last fiscal year had accounts receivable to sales percentage of 0.231% compared to the same period a year earlier of 0.2228%. For the trailing 12 months, investors received $0.2 in dividends for a yield of 1.42%.

The company has rising revenue year-over-year of $14.06 billion for 2010 vs. $13.01 billion for 2009. The bottom line has rising earnings year-over-year of $724.20 million for 2010 vs. $226.50 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $1.82 billion for 2010 vs. $1.01 billion for 2009.

The annual growth rate of revenue is 8.03%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.19 0.29 0.1 50.81%
Dec-10 0.43 0.46 0.03 5.8%
Sep-10 0.31 0.35 0.04 11.82%
Jun-10 0.21 0.25 0.04 17.37%
Mar-10 0.05 0.05 0 0.00%

Tenet Healthcare Corporation (NYSE:THC) is a $3.12 billion market cap company that trades an average of 7.65 million shares per day. The company was founded in 1967 and is headquartered in Dallas, Texas with additional offices in Santa Ana, California; Coral Springs, Florida; and Philadelphia, Pennsylvania.

Industry: Healthcare Facilities
Recent Price: $5.65
52 Week High: $7.70
52 Week Low: $3.92
Book Value: $3.77


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The company reported (basic) $0.15 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 2.29. At $5.65, the price is currently below the 200 day moving average of 6.19, and below the 60 day moving average of 6.24. The Quick Ratio is 1.25. The next reporting quarter estimated mean earnings are $0.09 per share. Analyst estimates range between $0.07 and $0.12 per share.


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The current trailing 12 months (ttm) P/E ratio is 2.84 and the forward P/E ratio is 11.4. The stock has a price to book ratio (ttm) of 2.12. The price to sales ratio is 0.41.

The last fiscal year had accounts receivable to sales percentage of 0.1266% compared to the same period a year earlier of 0.1323%.

The company has rising revenue year-over-year of $9.21 billion for 2010 vs. $9.01 billion for 2009. The bottom line has rising earnings year-over-year of $1.12 billion for 2010 vs. $181.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $634.00 million for 2010 vs. $538.00 million for 2009.

The annual growth rate of revenue is 2.12%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.14 0.16 0.02 18.52%
Dec-10 0.08 0.1 0.02 28.21%
Sep-10 0.04 -0.01 -0.05 NA%
Jun-10 0.06 0.07 0.01 14.94%
Mar-10 0.07 0.16 0.09 120.69%

Archer Daniels Midland Company (NYSE:ADM) is a $19.78 billion market cap company that trades an average of 5.92 million shares per day. Archer Daniels Midland Company was founded in 1898 and is based in Decatur, Illinois. I remain bullish with ADM. Here is a link to an article I wrote that included ADM.

Industry: Food Processing
Recent Price: $30.81
52 Week High: $38.02
52 Week Low: $26.50
Book Value: $26.10


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The company reported (basic) $0.91 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 0.28. At $30.81, the price is currently below the 200 day moving average of 32.78, and below the 60 day moving average of 31.05. The Quick Ratio is 1.23. The next reporting quarter estimated mean earnings are $0.84 per share. Analyst estimates range between $0.74 and $1 per share.


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The current trailing 12 months (ttm) P/E ratio is 9.48 and the forward P/E ratio is 9.17. The stock has a price to book ratio (ttm) of 1.14. The price to sales ratio is 0.27.

The last fiscal year had accounts receivable to sales percentage of 0.0993% compared to the same period a year earlier of 0.1056%. For the trailing 12 months, investors received $0.58 in dividends for a yield of 2.06%.

The company has falling revenue year-over-year of $61.68 billion for 2010 vs. $69.21 billion for 2009. The bottom line has rising earnings year-over-year of $1.93 billion for 2010 vs. $1.68 billion for 2009. The company's earnings before income and taxes are falling with an EBIT year-over-year of $2.45 billion for 2010 vs. $2.68 billion for 2009.

The annual growth rate of revenue is -10.87%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.86 0.86 0 0.00%
Dec-10 0.78 1.06 0.28 36.63%
Sep-10 0.75 0.73 -0.02 -2.01%
Jun-10 0.52 0.69 0.17 33.75%
Mar-10 0.72 0.65 -0.07 -9.27%

Emerson Electric Co. (NYSE:EMR) is a $37.91 billion market cap company that trades an average of 5.64 million shares per day. The company was founded in 1890 and is headquartered in St. Louis, Missouri.

Industry: Scientific & Technical Instr.
Recent Price: $49.01
52 Week High: $62.24
52 Week Low: $44.87
Book Value: $14.15


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The company reported (basic) $0.74 per share in earnings for the quarter ending March 31, 2011. The stock trades at a Beta of 1.20. At $49.01, the price is currently below the 200 day moving average of 56.59, and below the 60 day moving average of 54.11. The Quick Ratio is 1.07. The next reporting quarter estimated mean earnings are $0.9 per share. Analyst estimates range between $0.88 and $0.94 per share.


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The current trailing 12 months (ttm) P/E ratio is 21.3 and the forward P/E ratio is 12.79. The stock has a price to book ratio (ttm) of 4.1. The price to sales ratio is 1.91.

The last fiscal year had accounts receivable to sales percentage of 0.1896% compared to the same period a year earlier of 0.1802%. For the trailing 12 months, investors received $1.32 in dividends for a yield of 2.74%.

The company has rising revenue year-over-year of $21.04 billion for 2010 vs. $20.10 billion for 2009. The bottom line has rising earnings year-over-year of $2.16 billion for 2010 vs. $1.72 billion for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $3.14 billion for 2010 vs. $2.67 billion for 2009.

The annual growth rate of revenue is 4.66%.


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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-Year Estimate Actual Difference Difference %
Mar-11 0.74 0.73 -0.01 -1.84%
Dec-10 0.65 0.63 -0.02 -3.24%
Sep-10 0.78 0.81 0.03 4.01%
Jun-10 0.68 0.78 0.1 15.42%
Mar-10 0.55 0.54 -0.01 -1.12%

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest. I also often include some that are not "confirmed" but are "Proposed" for the same day. The numbers are only as good as the sources. Many of the ADRs that are relatively new provide a special challenge that can be very time consuming to figure out the "best" number. Chinese ADRs that are new seem to be especially prone to conflicts with Reuters, EDGAR Online, and other sources.

Continue to Part II >>

Source: Companies to Consider That Are Reporting Earnings on Tuesday Part I