Unusual Suspects Earnings Preview: Key Stocks to Watch This Week
The Unusual Suspects are back this week, with Alcoa, Inc. kicking off earnings season on Monday. This week's earnings list also includes Bank of America Corporation, General Electric Co., Google Inc., Intel Corporation, and JP Morgan Chase & Co. Other notable stocks with news and events to watch include Accenture plc, Boston Scientific Corporation, Cell Therapeutics, Inc., Clean Energy Fuels Corp., Lululemon Athletica, Palm, Inc., T.Rowe Price Group, Inc., and US Airways Group, Inc. Additionally, Market Vectors Poland ETF and Central European Distribution Corporation are being monitored due to the recent Polish presidential plane crash.
Key Takeaways:
- Alcoa, Inc. is expected to report $0.11 EPS on $5.19 billion in revenue, with guidance for $0.24 EPS in the next quarter and $0.77 EPS for fiscal 2010. The company's 52-week range is $8.10 to $17.60.
- Bank of America Corporation is expected to report $0.09 EPS this quarter and $0.17 EPS next quarter. The company's 52-week range is $7.00 to $19.10.
- Accenture plc's stock price increased by 2.2% on Friday, reaching $42.83, amidst rumors of re-endorsing Tiger Woods.
- Accenture plc is not typically a rumor-mill stock, but its recent price movement suggests a possible connection to the Tiger Woods scandal.
- Thomson Reuters estimates and valuation metrics are provided for all covered stocks, including forward earnings and 52-week ranges.
Statistics:
- Alcoa, Inc. is expected to report $0.11 EPS on $5.19 billion in revenue.
- Bank of America Corporation is expected to report $0.09 EPS this quarter and $0.17 EPS next quarter.
- Accenture plc's stock price increased by 2.2% on Friday, reaching $42.83.
- The 52-week ranges for the covered stocks are:
+ Alcoa, Inc.: $8.10 to $17.60
+ Bank of America Corporation: $7.00 to $19.10
+ Accenture plc: $26.33 to $43.89
Sources:
- "Unusual Suspects Earnings Preview: Key Stocks to Watch This Week", Euclid Infotech Pvt. Ltd., Syndigate.info, an Albawaba.com company.