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Next week is a busy time for earnings, with many quarterly releases scheduled and lots of stocks to watch. However, my focus is on 28 of them that have earnings due in the next week.

In this article I will focus on the first set of 10 stocks, providing earnings previews to consider in anticipation of their earnings reports. The remaining names are discussed in Part 2 and Part 3 of this series. Use this list as a potential starting point for your analysis.

Groupon (NASDAQ:GRPN): May 14, 2012

Groupon is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. Each day the company emails its subscribers discounted offers for goods and services that are targeted by location and personal preferences.

Groupon has a market cap of $6.36 billion and will report its first-quarter earnings results on May 14, 2012, after market close. The first-quarter revenues are expected to be $530.82 million and earnings per share for the first quarter are expected to be 1 cent a share. Groupon is currently trading around $9.97 with a 52-week range of $9.82 to $31.14. The stock has -51.67% price performance for the year 2012.

Home Depot (NYSE:HD): May 15, 2012

Home Depot, together with its subsidiaries, operates as a home improvement retailer. The company stores sell building materials and home improvement and lawn and garden products to do-it-yourself, do-it-for-me, and professional customers.

Home Depot has a market cap of $79.23 billion and will report its first-quarter earnings results on May 15, 2012, before market open. The first-quarter revenues are expected to be $17.77 billion when compared to $16.82 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 64 cents a share, up from 50 cents a share in the year-ago period. Home Depot is currently trading around $51.96 with a 52-week range of $28.13 to $52.88. The stock has 23.6% price performance for the year 2012.

Saks Inc. (NYSE:SKS): May 15, 2012

Saks is a department store retailer. The company, together with its subsidiaries, is engaged in the operation of Saks Fifth Avenue stores and Saks Fifth Avenue e-commerce operations (Saks Direct), as well as Saks Fifth Avenue Off 5th.

Saks has a market cap of $1.71 billion and will report its first-quarter earnings results on May 15, 2012, before market open. The first-quarter revenues are expected to be $766.32 million when compared to $726.00 million for the same quarter last year. Earnings per share for the first quarter are expected to be 19 cents a share, up from 17 cents a share in the year-ago period. Saks is currently trading around $10.78 with a 52-week range of $7.67 to $12.14. The stock has 10.56% price performance for the year 2012.

TJX Companies (NYSE:TJX): May 15, 2012

TJX Companies is an off-price apparel and home fashions retailer in the U.S. and worldwide. The company operates in four business segments. It has two segments in the U.S., Marmaxx (T.J. Maxx and Marshalls) and HomeGoods; one in Canada, TJX Canada (Winners, Marshalls and HomeSense); and one in Europe, TJX Europe (T.K. Maxx and HomeSense).

TJX Companies has a market cap of $30.96 billion and will report its first-quarter earnings results on May 15, 2012, before market open. The first-quarter revenues are expected to be $5.75 billion when compared to $5.22 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 54 cents a share, up from 39 cents a share in the year-ago period. The stock is currently trading around $41.74 with a 52-week range of $24.60 to $42.76. The stock has 29.31% price performance for the year 2012.

Sina Corp. (NASDAQ:SINA): May 15, 2012

Sina Corp. is an online media company and MVAS provider in the People's Republic of China and the global Chinese communities. The company provides services through five business lines, including Sina.com (online news and content), Sina Mobile, Sina Community (web 2.0, and social networking-based services and games), Sina.net (search and enterprise services), and Sina e-commerce (online shopping).

Sina has a market cap of $3.757 billion and will report its first-quarter earnings results on May 15, 2012, before market open. The first-quarter revenues are expected to be $102.56 million when compared to $95.52 million for the same quarter last year. Earnings per share for the first quarter are expected to be loss of 23 cents a share, from 25 cents a share in the year-ago period. Sina is currently trading around $56.9 with a 52-week range of $46.86 to $128.17. The stock has 9.42% price performance for the year 2012.

J.C. Penney (NYSE:JCP): May 15, 2012

J. C. Penney, through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the U.S. and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings.

J.C. Penney has a market cap of $7.348 billion and will report its first-quarter earnings results on May 15, 2012, after market close. The first-quarter revenues are expected to be $3.51 billion when compared to $3.94 billion for the same quarter last year. Earnings per share for the first quarter are expected to be loss of 8 cents a share, from 30 cents a share in the year-ago period. J.C. Penney is currently trading around $33.66 with a 52-week range of $23.44 to $43.18. The stock has -4.24% price performance for the year 2012.

Target (NYSE:TGT): May 16, 2012

Target operates general merchandise stores in three segments: U.S. Retail, U.S. Credit Card, and Canadian.

Target has a market cap of $36.84 billion and will report its first-quarter earnings results on May 16, 2012, before market open. The first-quarter revenues are expected to be $16.83 billion when compared to $15.94 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $1.01 a share, up from 99 cents a share in the year-ago period. Target is currently trading around $55.65 with a 52-week range of $45.28 to $58.95. The stock has 8.65% price performance for the year 2012.

Deere & Company (NYSE:DE): May 16, 2012

Deere & Company, together with its subsidiaries (John Deere), operates in three business segments: agriculture and turf, construction, and forestry and credit.

Deere & Company has a market cap of $32.423 billion and will report its first-quarter earnings results on May 16, 2012, before market open. The first-quarter revenues are expected to be $9.69 billion when compared to $8.33 billion for the same quarter last year. Earnings per share for the first quarter are expected to be $2.53 a share, up from $2.12 a share in the year-ago period. Deere & Company is currently trading around $80.69 with a 52-week range of $59.92 to $94.61. The stock has 4.32% price performance for the year 2012.

Staples (NASDAQ:SPLS): May 16, 2012

Staples is an office products company and it operates in three business segments: North American Delivery, North American Retail, and International Operations.

Staples has a market cap of $10.314 billion and will report its first-quarter earnings results on May 16, 2012, before market open. The first-quarter revenues are expected to be $6.19 billion when compared to $6.17 billion for the same quarter last year. Earnings per share for the first quarter are expected to be 30 cents a share, up from 28 cents a share in the year-ago period. Staples is currently trading around $14.86 with a 52-week range of $11.94 to $21.38. The stock has 6.98% price performance for the year 2012.

Abercrombie & Fitch (NYSE:ANF): May 16, 2012

Abercrombie & Fitch, through its subsidiaries, is a specialty retailer of casual apparel for men, women, and kids.

Abercrombie & Fitch has a market cap of $4.280 billion and will report its first-quarter earnings results on May 16, 2012, before market open. The first-quarter revenues are expected to be $950.54 million when compared to $836.67 million for the same quarter last year. Earnings per share for the first quarter are expected to be 2 cents a share, down from 27 cents a share in the year-ago period. Abercrombie & Fitch is currently trading around $50.52 with a 52-week range of $40.25 to $78.25. The stock has 3.44% price performance for the year 2012.

Sources: Some of the data is taken from Google Finance, Yahoo Finance, and investor sites.

Continue to Part 2 >>

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 investors to make the correct decision after necessary research.

Source: Notable Stocks To Watch For Next Week Ahead Of Earnings, Part 1