By Moran Zhang - As we move toward the final weeks of earnings announcements for this season, results will become more concentrated in the retail sector.
With 89 percent of fourth quarter earnings reported, the story is still the same old one, “slow growth, slower sales growth, record high margins, as two-thirds beat estimates,” S&P Capital IQ senior index analyst Howard Silverblatt said in a note to clients.
However, the takeaway is that the first quarter of 2013 set a new earnings record, with the second quarter beating the first (to set another record), and the third quarter beating the second (to set yet another record), and the fourth quarter is now beating the third, potentially resulting in a perfect set of record quarters, Silverblatt pointed out.
Estimates for 2014 are running 12 percent higher, with the initial 2015 14 percent higher. “Earnings are supporting the market, as higher margins are supporting earnings, but we need sales growth,” Silverblatt said.
We ran a screen and produced a list of 41 notable companies set to report their earnings Feb. 24-28. 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.
Monday After Markets Close, or AMC:
EOG Resources Inc. (NYSE:EOG) is one of the largest independent oil and natural gas companies in the U.S. The company has a market capitalization of $48.31 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.92 on revenue of $3.63 billion, compared with a loss of $1.88 a share on revenue of $3.01 billion in the year-ago period. EOG Resources is trading at around $176.96 a share. Over the past 12 months, the stock has gained 37.0 percent.
Frontier Communications Corp. (NASDAQ:FTR) is a communications company providing services primarily to rural areas and small and medium-size towns and cities in the U.S. The company has a market cap of $4.68 billion. It is expected to report FY 2013 fourth-quarter EPS of 6 cents on revenue of $1.18 billion, compared with a profit of 2 cents a share on revenue of $1.23 billion in the year-ago period. Frontier Communications Corp. is trading at around $4.68 a share. Over the past 12 months, the stock has gained 14.3 percent.
SolarCity Corp. (NASDAQ:SCTY) is engaged in the design, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. The company has a market cap of $6.15 billion. It is expected to report a loss of 51 cents a share in the fourth quarter of fiscal year 2013 on revenue of $43.07 million, compared with a loss of 54 cents a share on revenue of $25.27 million in the year-ago period. SolarCity Corp. is trading at around $74.00 a share. Over the past 12 months, the stock has gained 316.4 percent.
Tuesday Before Markets Open, or BMO:
FirstEnergy Corp. (NYSE: FE) is a diversified energy company. The company has a market capitalization of $13.28 billion. It is expected to report FY 2013 fourth- quarter EPS of 68 cents on revenue of $4.28 billion, compared with a loss of 35 cents per share on revenue of $3.50 billion in the year-ago period. FirstEnergy is trading at around $31.75 per share. Over the past 12 months, the stock has lost 21.7 percent.
The Home Depot Inc. (NYSE:HD) is a home improvement retailer. The company has a market capitalization of $109.74 billion. It is expected to report FY 2013 fourth-quarter EPS of 72 cents on revenue of $17.99 billion, compared with EPS of 68 cents on revenue of $18.25 billion in the year-ago period. The Home Depot Inc. is trading at around $77.93 per share. Over the past 12 months, the stock has gained 15.42 percent.
Macy's, Inc. (NYSE:M) is a retail organization. The company has a market capitalization of $19.68 billion. It is expected to report FY 2013 fourth-quarter EPS of $2.10 on revenue of $9.27 billion, compared with EPS of $1.83 on revenue of $9.35 billion in the year-ago period. Macy's Inc. is trading at around $53.40 per share. Over the past 12 months, the stock has gained 36.5 percent.
Office Depot Inc. (NYSE:ODP) is a global supplier of office products and services. The company has a market cap of $2.71 billion. It is expected to report FY 2013 fourth-quarter EPS of 4 cents on revenue of $4.09 billion, compared with a loss of 6 cents a share on revenue of $2.62 billion in the year-ago period. Office Depot is trading at around $5.11 a share. Over the past 12 months, the stock has gained 11.3 percent.
T-Mobile US Inc. (NYSE:TMUS) is an U.S. wireless networks operator. The company has a market cap of $25.06 billion. It is expected to report a loss of 16 cents a share in the fourth quarter of fiscal year 2013 on revenue of $6.96 billion, compared with a profit of 18 cents a share on revenue of $1.28 billion in the year-aog period. T-Mobile US Inc. is trading at around $31.29 a share. Over the past 12 months, the stock has gained 89.4 percent.
Toll Brothers Inc. (NYSE:TOL) designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities. The company has a market capitalization of $6.71 billion. It is expected to report FY 2014 first-quarter EPS of 19 cents on revenue of $643.92 million, compared with EPS of 3 cents on revenue of $424.60 million in the year-ago period. Toll Brothers Inc. is trading at around $37.79 per share. Over the past 12 months, the stock has gained 1.9 percent.
American Tower Corp (NYSE:AMT) is a wireless and broadcast communications infrastructure company that owns, operates and develops communications sites. The company has a market capitalization of $32.83 billion. It is expected to report FY 2013 fourth-quarter EPS of 48 cents on revenue of $920.18 million, compared with a profit of 34 cents a share on revenue of $768.37 million in the year-ago period. American Tower is trading at around $83.20 a share. Over the past 12 months, the stock has gained 38.6 percent.
Tuesday AMC:
Avago Technologies Ltd. (NASDAQ:AVGO) is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V based products. The company has a market capitalization of $14.44 billion. It is expected to report FY 2014 first-quarter EPS of 58 cents on revenue of $705.29 million, compared with a profit of 50 cents a share on revenue of $576.00 million in the year-ago period. Avago Technologies Ltd is trading at around $58.01 a share. Over the past 12 months, the stock has gained 63.3 percent.
Forest Oil Corp. (NYSE:FST) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in North America. The company has a market cap of $379.34 million. It is expected to report FY 2013 fourth-quarter EPS of 4 cents on revenue of $96.31 million, compared with a loss of $2.48 a share on revenue of $154.93 million in the year-ago period. Forest Oil Corporation is trading at around $3.18 a share. Over the past 12 months, the stock has lost 50.1 percent.
Newfield Exploration Co. (NYSE:NFX) is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company has a market cap of $3.53 billion. It is expected to report FY 2013 fourth-quarter EPS of 43 cents on revenue of $584.36 million, compared with a loss of $10.39 a share on revenue of $646.00 million in the year-ago period. Newfield Exploration Co. is trading at around $25.95 a share. Over the past 12 months, the stock has lost 4.8 percent.
Oasis Petroleum Inc. (NYSE:OAS) is an exploration and production company. The company has a market cap of $4.36 billion. It is expected to report FY 2013 fourth-quarter EPS of 63 cents on revenue of $338.12 million, compared with a profit of 46 cents a share on revenue of $214.33 million in the year-ago period. Oasis Petroleum Inc. is trading at around $43.30. Over the past 12 months, the stock has gained 14.0 percent.
Wednesday BMO:
The AES Corp. (NYSE:AES) is a global power company. The company has a market cap of $10.86 billion. It is expected to report FY 2013 fourth-quarter EPS of 31 cents on revenue of $5.45 billion, compared with a profit of 31 cents per share on revenue of $4.64 billion in the year-ago period. AES is trading at around $14.63 per share. Over the past 12 months, the stock has gained 28.7 percent.
Cablevision Systems Corp. (NYSE:CVC) operates as a telecommunications and media company. The company has a market capitalization of $4.33 billion. It is expected to report FY 2013 fourth-quarter EPS of 8 cents on revenue of $1.57 billion, compared with a profit of 45 cents per share on revenue of $1.66 billion in the year-ago period. Cablevision Systems is trading at around $16.17 per share. Over the past 12 months, the stock has gained 6.0 percent.
CenterPoint Energy Inc. (NYSE:CNP) is a public utility holding company. The company has a market cap of $10.45 billion. It is expected to report FY 2013 fourth-quarter EPS of 27 cents on revenue of $1.36 billion, compared with a profit of 31 cents a share on revenue of $2.14 billion in the year-ago period. CenterPoint Energy is trading at around $24.38 a share. Over the past 12 months, the stock has gained 18.9 percent.
Chesapeake Energy Corp. (NYSE:CHK) is a natural gas and oil exploration and production company. The company has a market cap of $17.64 billion. It is expected to report FY 2013 fourth-quarter EPS of 37 cents on revenue of $4.68 billion, compared with a profit of 39 cents a share on revenue of $3.54 billion in the year-ago period. Chesapeake Energy Corporation is trading at around $26.50 a share. Over the past 12 months, the stock has gained 30.5 percent.
Dollar Tree Inc. (NASDAQ:DLTR) is an operator of discount variety stores offering merchandise at the fixed price. The company has a market capitalization of $10.90 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.06 on revenue of $2.29 billion, compared with EPS of $1.01 on revenue of $2.25 billion in the year-ago period. Dollar Tree Inc. is trading at around $52.40 per share. Over the past 12 months, the stock has gained 29.7 percent.
Lowe's Companies Inc. (NYSE:LOW) is a home improvement retailer. The company has a market capitalization of $49.05 billion. It is expected to report FY 2013 fourth-quarter EPS of 31 cents on revenue of $11.78 billion, compared with EPS of 26 cents on revenue of $11.05 billion in the year-ago period. Lowe's Companies Inc. is trading at around $46.88 per share. Over the past 12 months, the stock has gained 19.1 percent.
Starwood Property Trust, Inc. (NYSE:STWD) is a holding company and conducts its business through its subsidiaries. The company has a market capitalization of $4.74 billion. It is expected to report FY 2013 fourth-quarter EPS of 48 cents on revenue of $170.72 million, compared with EPS of 42 cents on revenue of $74.72 million in the year-ago period. Starwood Property Trust Inc. is trading at around $24.28 per share. Over the past 12 months, the stock has lost 8.7 percent.
Target Corp. (NYSE:TGT) is an American retailing company. The company has a market capitalization of $36.21 billion. It is expected to report FY 2013 fourth-quarter EPS of 84 cents on revenue of $21.49 billion, compared with EPS of $1.47 on revenue of $22.73 billion in the year-ago period. Target Corporation is trading at around $57.26 per share. Over the past 12 months, the stock has lost 7.4 percent.
The TJX Companies Inc. (NYSE:TJX) is an off-price retailer of apparel and home fashions. The company has a market cap of $42.79 billion. It is expected to report FY 2014 fourth-quarter EPS of 83 cents on revenue of $7.86 billion, compared with a profit of 82 cents a share on revenue of $7.72 billion in the year-ago period. TJX is trading at around $60.16 a share. Over the past 12 months, the stock has gained 33.3 percent.
Wednesday AMC:
Autodesk Inc. (NASDAQ:ADSK) designs software and services company. The company has a market capitalization of $12.36 billion. It is expected to report FY 2014 fourth-quarter EPS of 13 cents on revenue of $571.01 million, compared with EPS of 32 cents on revenue of $606.90 billion in the year-ago period. Autodesk Inc. is trading at around $54.80 per share. Over the past 12 months, the stock has gained 40.6 percent.
J.C. Penney Company, Inc. (NYSE:JCP) is a chain of American mid-range department stores. The company has a market capitalization of $1.86 billion. It is expected to report a loss of 88 cents per share in the fourth quarter of fiscal year 2013 on revenue of $3.88 billion, compared with a loss of $2.51 per share on revenue of $3.88 billion in the year-ago period. J.C. Penney is trading at around $6.11 per share. Over the past 12 months, the stock has lost 68.9 percent.
L Brands Inc. (NYSE:LB), formerly Limited Brands Inc., operates in the specialty retail business. The company has a market capitalization of $15.60 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.66 on revenue of $3.89 billion, compared with EPS of $1.39 on revenue of $3.86 billion in the year-ago period. L Brands Inc. is trading at around $53.72 per share. Over the past 12 months, the stock has gained 20.4 percent.
TiVo Inc. (NASDAQ:TIVO) is a developer and provider of software and technology that enables the search, navigation, and access of content across sources, including linear television, on-demand television, and broadband video. The company has a market capitalization of $1.57 billion. It is expected to report FY 2014 fourth-quarter EPS of 5 cents on revenue of $84.28 million, compared with a loss of 13 cents a share on revenue of $65.73 million in the year-ago period. TiVo Inc. is trading at around $12.84 a share. Over the past 12 months, the stock has lost 3.4 percent.
Thursday BMO:
Hilton Worldwide Holdings Inc. (NYSE:HLT) is a hospitality company. The company has a market capitalization of $21.45 billion. It is expected to report FY 2013 fourth-quarter EPS of 17 cents on revenue of $2.47 billion. Hilton Worldwide Holdings Inc. is trading at around $21.78 a share. That’s 8.9 percent above its IPO price of $20.00 a share.
Kohl's Corp. (NYSE:KSS) operates family-oriented department stores that sell apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows, and housewares. The company has a market capitalization of $11.00 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.57 on revenue of $6.10 billion, compared with EPS of $1.66 on revenue of $6.34 billion in the year-ago period. Kohl's Corporation is trading at around $51.40 per share. Over the past 12 months, the stock has gained 10.5 percent.
Sears Holdings Corp. (NASDAQ:SHLD) is an American multinational corporation headquartered in Hoffman Estates, Ill. The company was founded in 2005 by the merger of Sears and Kmart. The company has a market capitalization of $4.36 billion. It is expected to report a loss of $1.56 a share on revenue of $10.52 billion in the fourth quarter of fiscal year 2013, compared with a loss of $4.61 a share on revenue of $12.26 billion in the year-ago period. Sears Holdings Corp is trading at around $40.99 per share. Over the past 12 months, the stock has lost 15.5 percent.
Best Buy Co. Inc. (NYSE:BBY) is a multinational retailer of consumer electronics, computing and mobile-phone products, entertainment products, appliances, and related services. The company has a market cap of $8.65 billion. It is expected to report FY 2014 fourth-quarter EPS of $1.08 on revenue of $14.66 billion, compared with a loss of $1.21 a share on revenue of $14.95 billion in the year-ago period. Best Buy is trading at around $24.89 a share. Over the past 12 months, the stock has gained 44.3 percent.
The Wendy's Co. (NASDAQ:WEN) is a quick-service hamburger company. The company has a market cap of $3.81 billion. It is expected to report FY 2013 fourth-quarter EPS of 6 cents on revenue of $600.64 million, compared with a profit of 7 cents a share on revenue of $629.88 million in the year-ago period. Wendy's is trading at around $9.68 a share. Over the past 12 months, the stock has gained 79.4 percent.
Thursday AMC:
The Gap Inc. (NYSE:GPS) is a global specialty apparel company. The company has a market cap of $19.00 billion. It is expected to report FY 2013 fourth-quarter EPS of 66 cents on revenue of $4.60 billion, compared with a profit of 73 cents a share on revenue of $4.73 billion in the year-ago period. The Gap is trading at around $42.31 a share. Over the past 12 months, the stock has gained 29.6 percent.
Kodiak Oil & Gas Corp. (NYSE:KOG) is an independent energy company focused on the exploration, exploitation, acquisition, and production of crude oil and natural gas in the U.S. The company has a market cap of $3.16 billion. It is expected to report FY 2013 fourth-quarter EPS of 19 cents on revenue of $269.81 million, compared with a profit of 12 cent a share on revenue of $130.85 million in the year-ago period. Kodiak Oil & Gas is trading at around $11.86 a share. Over the past 12 months, the stock has gained 27.9 percent.
Ross Stores Inc. (NASDAQ:ROST) operates two brands of off-price retail apparel and home fashion stores. The company has a market capitalization of $14.66 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.02 on revenue of $2.75 billion, compared with EPS of $1.07 on revenue of $2.76 billion in the year-ago period. Ross Stores Inc. is trading at around $68.21 per share. Over the past 12 months, the stock has gained 13.9 percent.
Salesforce.com Inc. (NYSE:CRM) is a provider of enterprise cloud computing and social enterprise solutions. The company has a market capitalization of $38.26 billion. It is expected to report a loss of 23 cents a share on revenue of $1.13 billion for the fourth quarter of fiscal year 2014, compared with a loss of 4 cents a share on revenue of $834.68 million in the year-ago period. Salesforce.com Inc. is trading at around $63.46 a share. Over the past 12 months, the stock has gained 45.1 percent.
SandRidge Energy Inc. (NYSE:SD) is an independent oil and natural gas company. The company has a market cap of $3.25 billion. It is expected to report FY 2013 fourth-quarter EPS of 0 cent on revenue of $453.38 million, compared with a loss of 63 cents a share on revenue of $1.34 billion in the year-ago period. SandRidge Energy Inc. is trading at around $6.61 a share. Over the past 12 months, the stock has gained 10.2 percent.
Southwestern Energy Co. (NYSE:SWN) is an independent energy company engaged in natural gas and oil exploration, development and production. The company has a market capitalization of $15.25 billion. It is expected to report FY 2013 fourth-quarter EPS of 53 cents on revenue of $865.54 million, compared with a loss of $1.02 a share on revenue of $773.00 million in the year-ago period. Southwestern Energy is trading at around $43.40 a share. Over the past 12 months, the stock has gained 30.3 percent.
Friday BMO:
3D Systems Corp. (NYSE:DDD) is a provider of three-dimensional content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers. The company has a market cap of $7.94 billion. It's expected to report FY 2013 fourth-quarter EPS of 19 cents on revenue of $155.06 million, compared with a profit of 13 cents per share on revenue of $101.57 million in the year-ago period. 3D Systems Corp. is trading at around $77.41 per share. Over the past 12 months, the stock has gained 92.6 percent.
Liberty Interactive Corp. (NASDAQ:LINTA) is primarily engaged in the video and on-line commerce industries. The company has a market capitalization of $14.76 billion. It is expected to report FY 2013 fourth-quarter EPS of 45 cents on revenue of $3.18 billion, compared with a profit of 33 cents per share on revenue of $3.14 billion in the year-ago period. Liberty Interactive is trading at around $29.00 per share. Over the past 12 months, the stock has gained 33.8 percent.
NRG Energy Inc. (NYSE:NRG) is an integrated wholesale power generation and retail electricity company. The company has a market capitalization of $9.22 billion. It is expected to report FY 2013 fourth-quarter EPS of 58 cents on revenue of $2.75 billion, compared with a profit of $2.06 per share on revenue of $2.06 billion in the year-ago period. NRG Energy is trading at around $28.51 per share. Over the past 12 months, the stock has gained 16.3 percent.