Seeking Alpha
Profile| Send Message| ()  

<< Return to Part 1

Next week is a busy earnings season and this is a continuation of my previous article of earnings previews. In this article I cover the second set of 12 stocks that are reporting earnings results next week. Use this list as a potential starting point for your analysis.

Cree, Inc. (CREE): Cree, Inc. develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. It focuses its expertise in SiC and GaN on light emitting diode (LED) products. It also develops power and radio frequency (RF) products.

Cree, Inc. has a market cap of $3.30 billion and will report its third-quarter earnings results on April 17, 2012, after market close. The third-quarter revenue is expected to be $300.56 million when compared with $219.17 million for the same quarter last year. Earnings per share for the third quarter are expected to be 21 cents a share from 27 cents a share in the year-ago period. Cree, Inc. is currently trading around $28.44 with a 52-week range of $20.25 to $46.37.

Intel Corporation (INTC): Intel Corporation designs and manufactures integrated digital technology platforms. A platform consists of a microprocessor and chipset. It sells these platforms primarily to original equipment manufacturers (OEMs), original design manufacturers (ODMs), and industrial and communications equipment manufacturers in the computing and communications industries.

Intel has a market cap of $138.69 billion and will report its first-quarter earnings results on April 17, 2012, after market close. The first-quarter revenue is expected to be $12.82 billion when compared with $12.85 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 50 cents a share from 56 cents a share in the year-ago period. Intel is currently trading around $27.76 with a 52-week range of $19.16 to $28.45.

Yahoo Inc. (YHOO): Yahoo Inc. is a digital media company. Through the company's technology and insights, Yahoo delivers digital content and experiences, across devices and globally. The company provides online properties and services (Yahoo Properties) to users, as well as a range of marketing services designed to reach and connect with those users on Yahoo and through a distribution network of third-party entities (Affiliates).

Yahoo has a market cap of $18.33 billion and will report its first-quarter earnings results on April 17, 2012, after market close. The first-quarter revenue is expected to be $1.06 billion when compared with $1.06 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 17 cents a share from 17 cents a share in the year-ago period. Yahoo is currently trading around $15.10 with a 52-week range of $11.09 to $18.84.

Intuitive Surgical, Inc. (ISRG): Intuitive Surgical, Inc. designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories. A da Vinci Surgical System consists of a surgeon's console, a patient-side cart and a vision system.

Intuitive Surgical, Inc. has a market cap of $21.36 billion and will report its first-quarter earnings results on April 17, 2012, after market close. The first-quarter revenue is expected to be $463.79 million when compared with $388.10 million for the same quarter last year. Earnings per share for the first quarter are expected to be $3.14 a share from $2.59 a share in the year-ago period. Intuitive Surgical, Inc. is currently trading around $539.07 with a 52-week range of $320.00 to $550.47.

Seagate Technology PLC (STX): Seagate Technology plc designs, manufactures, markets and sells hard disk drives. Seagate produces a range of disk drive products addressing enterprise applications, where its products are designed for enterprise servers, mainframes and workstations; client computer applications, where its products are designed for desktop and notebook computers, and client non-computer applications, where its products are designed for a range of end-user devices, such as digital video recorders (DVRs), personal data backup systems, portable external storage systems and digital media systems.

Seagate Technology PLC has a market cap of $11.90 billion and will report its third-quarter earnings results on April 17, 2012, after market close. The third-quarter revenues is expected to be $4.37 billion when compared with $2.70 billion for the same quarter last year. Earnings per share for the third quarter are expected to be $2.09 a share from 25 cents a share in the year-ago period. Seagate Technology PLC is currently trading around $26.51 with a 52-week range of $9.05 to $28.63.

United Rentals, Inc. (URI): United Rentals, Inc. is principally a holding company. The company primarily conducts its operations through its wholly owned subsidiary, United Rentals (North America), Inc., and its subsidiaries. The company is an equipment rental company. It operates in two segments: general rentals and trench safety, power and HVAC.

United Rentals, Inc. has a market cap of $2.61 billion and will report its first-quarter earnings results on April 17, 2012, after market close. The first-quarter revenue is expected to be $607.45 million when compared with $523.00 million for the same quarter last year. Earnings per share for the first quarter are expected to be 5 cents a share from a loss of 32 cents a share in the year-ago period. United Rentals, Inc. is currently trading around $41.50 with a 52-week range of $12.81 to $45.08.

Abbott Laboratories (ABT): Abbott Laboratories is engaged in the discovery, development, manufacture, and sale of a range of healthcare products. Abbott operates in five segments: Proprietary Pharmaceutical Products, Established Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products.

Abbott Laboratories has a market cap of $95.87 billion and will report its first-quarter earnings results on April 18, 2012, before the market opens. The first-quarter revenue is expected to be $9.35 billion when compared with $9.04 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 99 cents a share from 91 cents a share in the year-ago period. Abbott Laboratories is currently trading around $60.97 with a 52-week range of $46.29 to $62.57.

Halliburton Company (HAL): Halliburton is an oilfield services company. The company is a provider of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It serves national, and independent oil and natural gas companies worldwide and operates in two segments: Completion and Production segment and Drilling and Evaluation segment.

Halliburton has a market cap of $29.89 billion and will report its first-quarter earnings results on April 18, 2012, before market open. The first-quarter revenue is expected to be $6.80 billion when compared with $5.28 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 86 cents a share from 61 cents a share in the year-ago period. Halliburton is currently trading around $32.38 with a 52-week range of $27.21 to $57.77.

St. Jude Medical, Inc. (STJ): St. Jude Medical, Inc. develops, manufactures and distributes cardiovascular medical devices for the global cardiac rhythm management, cardiology and cardiac surgery and atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain. St. Jude operates in four segments: Cardiac Rhythm Management (CRM), Cardiovascular (CV), Atrial Fibrillation (AF) and Neuromodulation (NMD).

St. Jude Medical, Inc. has a market cap of $12.47 billion and will report its first-quarter earnings results on April 18, 2012, before the market opens. The first-quarter revenue is expected to be $1.38 billion when compared with $1.38 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 83 cents a share from 80 cents a share in the year-ago period. St. Jude Medical, Inc. is currently trading around $38.91 with a 52-week range of $32.13 to $54.18.

Textron Inc. (TXT): Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide. It operates in five segments: Cessna, Bell, Textron Systems and Industrial, which represent its manufacturing businesses, and Finance, which represents its finance business.

Textron has a market cap of $7.56 billion and will report its first-quarter earnings results on April 18, 2012, before the market open. The first-quarter revenue is expected to be $2.68 billion when compared with $2.48 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 37 cents from 10 cents a share in the year-ago period. Textron Inc. is currently trading around $27.01 with a 52-week range of $14.66 to $29.18.

BlackRock, Inc. (BLK): BlackRock is an independent investment management firm. The company provides a range of investment and risk management services. The company serves its clients as a fiduciary, and derives all of its revenue from client business. It invests in capital markets globally.

BlackRock, Inc. has a market cap of $36.34 billion and will report its first-quarter earnings results on April 18, 2012, before the market open. The first-quarter revenue is expected to be $2.20 billion when compared with $2.28 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $2.97 a share from $2.96 a share in the year-ago period. BlackRock, Inc. is currently trading around $202.74 with a 52-week range of $137.00 to $209.37.

American Express Company (AXP): American Express is a global service company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses worldwide. The company operates in four segments: U.S. Card Services, International Card Services, Global Commercial Services and Global Network & Merchant Services.

American Express Company has a market cap of $68.70 billion and will report its first-quarter earnings results on April 18, 2012, after the market close. The first-quarter revenue is expected to be $7.57 billion when compared with $7.03 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $1 a share from 97 cents a share in the year-ago period. American Express Company is currently trading around $57.16 with a 52-week range of $41.30 to $59.26.

Sources: Some data sourced from Google Finance and Yahoo Finance.

Disclaimer: I am not a registered investment advisor and do not provide specific investment advice. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock you should do your own research and reach your own conclusion. It is up to the investors to make the correct decision after necessary research.

Continue to Part 3 >>

Source: 12 Notable Earnings To Watch In The Third Week Of April 2012 (Part 2)