By Moran Zhang - Fourth-quarter 2013 earnings reporting season is at its peak.
So far, 367 companies have reported fourth-quarter earnings results, with 242 of these having beaten analysts’ estimates, 86 having missed, and 39 on target, according to S&P Capital IQ.
Analysts expect fourth-quarter earnings per share for the S&P 500 (INDEXSP:.INX) to increase 7.6 percent year-over-year, with EPS of $28.35.
“Guidance for the first quarter of 2014 was provided by 82 companies. Of those, 56 were negative, 25 positive and one in-line,” Sam Stovall, S&P Capital IQ's chief equity strategist, said in a Feb. 14 note. “This produces a negative-to-positive ratio of 2.2, which is lower than the 15-year average.”
We ran a screen and produced a list of 24 notable companies set to report their earnings Feb. 17-21. We have highlighted their expected reporting dates and times, along with analysts’ earnings-per-share (fully reported) and revenue estimates from Reuters, as well as the stocks' trailing 12-month performances.
Tuesday Before Markets Open, or BMO:
Medtronic Inc. (NYSE:MDT) is engaged in medical technology. The company has a market capitalization of $56.22 billion. It is expected to report FY 2014 third-quarter EPS of 91 cents on revenue of $4.15 billion, compared with EPS of 97 cents on revenue of $4.03 billion in the year-ago period. Medtronic Inc. is trading at around $56.29 per share. Over the past 12 months, the stock has gained 19.8 percent.
NiSource Inc. (NYSE:NI) is an energy holding company. The company has a market capitalization of $10.88 billion. It is expected to report FY 2013 fourth-quarter EPS of 46 cents on revenue of $1.53 billion, compared with a profit of 44 cents a share on revenue of $1.40 billion in the year-ago period. NiSource is trading at around $34.74 a share. Over the past 12 months, the stock has gained 27.9 percent.
The Coca-Cola Co. (NYSE:KO) is a beverage company. The company has a market cap of $170.63 billion. It's expected to report an FY 2013 fourth-quarter EPS of 46 cents on revenue of $11.31 billion, compared with a profit of 41 cents a share on revenue of $11.47 billion in the year-ago period. Coca-Cola is trading at around $38.65 a share. Over the past 12 months, the stock has gained 3.9 percent.
Duke Energy Corp. (NYSE:DUK) is an energy company with a market capitalization of $50.27 billion. It is expected to report FY 2013 fourth-quarter EPS of 95 cents on revenue of $6.32 billion, compared with a profit of 62 cents a share on revenue of $5.70 billion in the year-ago period. Duke Energy is trading at around $71.33 a share. Over the past 12 months, the stock has gained 3.4 percent.
Tuesday After Markets Close, or AMC:
Analog Devices Inc. (NASDAQ:ADI) is engaged in the design, manufacture and marketing of a range of analog, mixed-signal and digital signal processing integrated circuits. The company has a market capitalization of $15.87 billion. It is expected to report FY 2014 first-quarter EPS of 48 cents on revenue of $628.87 million, compared with EPS of 42 cents on revenue of $622.13 million in the year-ago period. Analog Devices Inc. is trading at around $50.65 per share. Over the past 12 months, the stock has gained 9.5 percent.
Wednesday BMO:
Devon Energy Corp. (NYSE:DVN) is an independent energy company with a market capitalization of $25.00 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.10 on revenue of $2.69 billion, compared with a loss of 89 cents a share on revenue of $2.58 billion in the year-ago period. Devon Energy is trading at around $61.58 a share. Over the past 12 months, the stock has gained 0.1 percent.
Hecla Mining Co. (NYSE:HL) is engaged in discovering, acquiring, developing, producing and marketing silver, gold, lead and zinc. The company has a market cap of $1.13 billion. It is expected to report FY 2013 fourth-quarter EPS of 1 cent on revenue of $121.28 million, compared with EPS of 0 cent on revenue of $81.10 million in the year-ago period. Hecla Mining is trading at around $3.32 a share. Over the past 12 months the stock has lost 38.5 percent.
Host Hotels and Resorts Inc. (NYSE:HST) operates as a self-managed and self-administered REIT. The company has a market cap of $13.85 billion. It is expected to report FY 2013 fourth-quarter EPS of 11 cents on revenue of $1.30 million, compared with a profit of 2 cents a share on revenue of $1.75 billion in the year-ago period. Host Hotels and Resorts Inc. is trading at around $18.71 per share. Over the past 12 months, the stock has gained 9.1 percent.
MGM Resorts International (NYSE:MGM) is a hospitality company with a market capitalization of $12.52 billion. It is expected to report a loss of 1 cent per share in the fourth quarter of 2013 on revenue of $2.46 billion, compared with a loss of $2.50 per share on revenue of $2.30 billion in the year-ago period. MGM Resorts International is trading at around $25.49 per share. Over the past 12 months, the stock has gained 91.5 percent.
Wednesday AMC:
Marriott International Inc. (NASDAQ:MAR) is a diversified hospitality company. The company has a market cap of $14.99 billion. It is expected to report FY 2013 fourth-quarter EPS of 50 cents on revenue of $3.31 billion, compared with a profit of 56 cents a share on revenue of $3.76 billion in the year-ago period. Marriott International Inc. is trading at around $50.06 per share. Over the past 12 months, the stock has gained 21.6 percent.
Safeway Inc. (NYSE:SWY) is a food and drug retailer in North America. The company has a market cap of $8.13 billion. It is expected to report FY 2013 fourth-quarter EPS of 52 cents on revenue of $11.45 billion, compared with a profit of $1.02 a share on revenue of $11.67 billion in the year-ago period. Safeway Inc. is trading at around $32.97 per share. Over the past 12 months, the stock has gained 58.8 percent.
Thursday BMO:
Denbury Resources Inc. (NYSE:DNR) is an independent oil and natural gas company. The company has a market capitalization of $5.98 billion. It is expected to report FY 2013 fourth-quarter EPS of 33 cents on revenue of $617.37 million, compared with a profit of 30 cents a share on revenue of $609.20 million in the year-ago period. Denbury Resources is trading at around $16.31 a share. Over the past 12 months, the stock has lost 13.3 percent.
DIRECTV (NASDAQ:DTV) is a provider of digital-television entertainment in the U.S. and Latin America. The company has a market cap of $37.54 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.29 on revenue of $8.48 billion, compared with a profit of $1.55 a share on revenue of $8.05 billion in the year-ago period. DirecTV is trading at around $71.91 a share. Over the past 12 months, the stock has gained 39.2 percent.
Ultra Petroleum Corp. (NYSE:UPL) is an independent oil and gas company engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The company has a market cap of $3.64 billion. It is expected to report FY 2013 fourth-quarter EPS of 38 cents on revenue of $228.46 million, compared with a loss of $3.09 a share on revenue of $217.19 million in the year-ago period. Ultra Petroleum Corp. is trading at around $23.82 a share. Over the past 12 months, the stock has gained 36.8 percent.
Walter Energy Inc. (NYSE:WLT) is a producer and exporter of metallurgical coals for the global steel industry. The company has a market cap of $689.01 million. It is expected to report a loss of 82 cents a share on revenue of $477.44 million in the fourth quarter of fiscal year 2013, compared with a loss of $1.13 a share on revenue of $478.78 million in the year-ago period. Walter Energy Inc. is trading at around $11.00 a share. Over the past 12 months, the stock has lost 70.5 percent.
Wal-Mart Stores Inc. (NYSE:WMT) operates retail stores in various formats around globally. The company has a market capitalization of $243.85 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.37 on revenue of $130.55 billion, compared with a profit of $1.67 per share on revenue of $127.92 billion in the year-ago period. Wal-Mart Stores Inc. is trading at around $75.35 per share. Over the past 12 months, the stock has gained 5.6 percent.
Thursday AMC:
Cabot Oil & Gas Corp. (NYSE:COG) is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The company has a market capitalization of $16.43 billion. It is expected to report FY 2013 fourth-quarter EPS of 17 cents on revenue of $475.78 million, compared with a profit of 10 cents per share on revenue of $369.88 million in the year-ago period. Cabot Oil & Gas Corp. is trading at around $39.10 per share. Over the past 12 months, the stock has gained 40.4 percent.
Express Scripts Holding Co. (NASDAQ:ESRX) provides a range of pharmacy benefit management services in North America. The company has a market capitalization of $61.19 billion. It is expected to report FY 2013 fourth-quarter EPS of 73 cents on revenue of $25.37 billion, compared with a profit of 61 cents per share on revenue of $27.41 billion in the year-ago period. Express Scripts is trading at around $76.48 per share. In the past 12 months, the stock has gained 38.0 percent.
Groupon Inc. (NASDAQ:GRPN) is a local online-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. The company has a market cap of $7.13 billion. It is expected to report a loss of 1 cent a share in the fourth quarter of fiscal year 2013 on revenue of $719.52 million, compared with a loss of 12 cents a share on revenue of $638.30 million in the year-ago period. Groupon is trading at around $10.68 a share. Over the past 12 months, the stock has gained 91.6 percent.
Hewlett-Packard Co. (NYSE:HPQ) is an American multinational information technology corporation. The company has a market capitalization of $56.86 billion. It is expected to report FY 2014 first-quarter EPS of 66 cents on revenue of $27.17 billion, compared with a profit of 63 cents a share on revenue of $28.36 billion in the year-ago period. Hewlett-Packard Company is trading at around $29.79 per share. Over the past 12 months, the stock has gained 75.1 percent.
Intuit Inc. (NASDAQ:INTU) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions. The company has a market capitalization of $20.08 billion. It is expected to report FY 2014 second-quarter EPS of 3 cents a share on revenue of $850.05 million, compared with a profit of 23 cents a share on revenue of $968.00 million in the year-ago period. Intuit Inc. is trading at around $70.54 per share. Over the past 12 months, the stock has gained 14.7 percent.
Marvell Technology Group Ltd. (NASDAQ:MRVL) is a fabless semiconductor provider of application-specific standard products. The company has a market capitalization of $7.48 billion. It is expected to report FY 2014 fourth-quarter EPS of 16 cents on revenue of $901.13 million, compared with EPS of 9 cents on revenue of $775.29 million in the year-ago period. Marvell Technology Group Ltd. is trading at around $15.21 per share. Over the past 12 months, the stock has gained 61.9 percent.
Newmont Mining Corp. (NYSE:NEM) is primarily a gold producer. The company has a market capitalization of $11.69 billion. It is expected to report FY 2013 fourth-quarter EPS of 18 cents on revenue of $2.19 billion, compared with EPS of $1.36 on revenue of $2.48 billion in the year-ago period. Newmont Mining Corp is trading at around $23.46 per share. Over the past 12 months, the stock has lost 47.7 percent.
Nordstrom Inc. (NYSE:JWN) is a fashion specialty retailer. The company has a market capitalization of $11.32 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.34 on revenue of $3.72 billion, compared with a profit of $1.40 per share on revenue of $3.70 billion in the year-ago period. Nordstrom is trading at around $58.53 per share. Over the past 12 months, the stock has gained 6.0 percent.
Friday BMO:
Dish Network Corp. (NASDAQ:DISH) is a pay-television (TV) provider. The company has a market cap of $26.64 billion. It is expected to report FY 2013 fourth-quarter EPS of 40 cents on revenue of $3.59 billion, compared with EPS of 46 cents on revenue of $3.59 billion in the year-ago period. Dish Network is trading at around $58.21 a share. Over the past 12 months, the stock has gained 56.2 percent.