Earnings Preview For Next Week (June 4 - June 8, 2012)

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 |  Includes: DG, FCEL, HOV, JASO, SJM, ULTA, XIDEQ
by: Vytautas Drumelis

Below is the list of companies that are reporting earnings next week. I will follow up later on some of these companies in more detail.

Monday, June 4, 2012

Dollar General Corporation (NYSE:DG) operates as a discount retailer primarily in the southern, southwestern, midwestern, and eastern United States. The company is reporting Q1 2012 earnings on June 4, after the market closes. The consensus estimate for EPS is $0.60, up from $0.48 a year ago. Revenue estimated to be $3.82B, up from $3.45B a year ago. The median analyst target price is $54.

On March 22, 2012, the company was upgraded from Neutral to Buy at MKM Partners.

Tuesday, June 5, 2012

JA Solar Holdings Co., Ltd. (NASDAQ:JASO), through its subsidiaries, engages in the design, development, manufacture, and sale of photovoltaic solar cells and solar products, which convert sunlight into electricity in the People's Republic of China. The company is reporting Q1 2012 earnings on June 5, before the market opens. The consensus EPS estimate is ($0.15) loss, down from $0.41 EPS a year ago. Revenue estimated to be $234.62M, down from $556.38M a year ago. The median analyst target price is $1.80.

On May 1, 2012, the company was downgraded from Buy to Hold at Needham.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) operates as a beauty retailer that provides prestige, mass, and salon products; and salon services in the United States. The company is reporting Q1 2012 earnings on June 5, after the market closes. The consensus EPS estimate is $0.53, up from $0.37 EPS a year ago. Revenue estimated to be $473.86M, up from $386.01M a year ago. The median analyst target price is $102.50.

Wednesday, June 6, 2012

FuelCell Energy, Inc. (NASDAQ:FCEL), together with its subsidiaries, engages in the development, production, and sale of high temperature fuel cells for clean electric power generation. The company is reporting Q2 2012 earnings on June 6, before the market opens. The consensus EPS estimate is ($0.05) loss, up from ($0.10) loss a year ago. Revenue estimated to be $33.54M, up from $28.61M a year ago. The median analyst target price is $2.50.

On March 12, 2012, the company was upgraded from Accumulate to Buy at Ardour Capital.

Hovnanian Enterprises, Inc. (NYSE:HOV) designs, constructs, markets, and sells residential homes in the United States. It constructs single-family attached and detached homes, attached townhomes and condominiums, and urban infill and active adult homes. The company is reporting Q2 2012 earnings on June 6, before the market opens. The consensus EPS estimate is ($0.32) loss, up from ($0.69) loss a year ago. Revenue estimated to be $299M, up from $255M a year ago. The median analyst target price is $1.50.

On May 11, 2012, the company was upgraded from Hold to Strong Buy at UBS.

Thursday, June 7, 2012

The J. M. Smucker Company (NYSE:SJM) engages in manufacturing and marketing branded food products in the United States, Canada, and internationally. The company is reporting Q4 2012 earnings on June 7, before the market opens. The consensus EPS estimate is $0.99, down from $1.00 a year ago. Revenue estimated to be $1.35B, up from $1.19B a year ago. The median analyst target price is $84.

On February 7, 2012, KeyBanc Capital Mkts initiated a Buy rating on the company.

Friday, June 8, 2012

Exide Technologies (XIDE) engages in the production and sale of lead-acid batteries for transportation and industrial applications. The company is reporting Q4 2012 earnings on June 8, before the market opens. The consensus EPS estimate is $0.08, up from ($0.18) loss a year ago. Revenue estimated to be $750M, down from $775M a year ago. The median analyst target price is $4.13.

Source: Yahoo Finance, Google Finance, CNBC.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.