The Good, the Bad, and the Ugly of Earnings Season

Be prepared: this earnings season is no joke

   

Earnings season is upon us and you can bet that it is going to spur some big swings in the market. To prepare for this, let’s preview some of the biggest earnings announcements coming at us over the next few trading days. I’ll provide what the analyst community’s expectations are for each stock plus my take on whether the upcoming earnings announcement is a buying opportunity.

The Good

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
CMG Chipotle 17-Oct 17% 22% Strong Buy
OSTK Overstock.com 21-Oct 18% 200% Strong Buy
SWY Safeway 10-Oct -15% 0% Strong Buy
YHOO Yahoo! 15-Oct 0% 6% Strong Buy
ADTN Adtran 9-Oct 7% 47% Buy
AXP American Express 16-Oct 5% 12% Buy
BAC Bank of America 16-Oct 8% 1800% Buy
ETFC E*TRADE Financial 14-Oct -15% 260% Buy
JNJ Johnson & Johnson 15-Oct 2% 6% Buy
SNDK Sandisk 16-Oct 23% 173% Buy
SVU SUPERVALU 17-Oct -52% 900% Buy
UNH UnitedHealth Group 17-Oct 13% 1% Buy
URI United Rentals 16-Oct 8% 19% Buy
WYNN Wynn Resorts 21-Oct 4% 8% Buy

The Bad

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
BK Bank of New York 16-Oct 3% -5% Hold
C Citigroup 15-Oct 35% 0% Hold
EBAY eBay 16-Oct 15% 15% Hold
GS Goldman Sachs Group 17-Oct -11% -13% Hold
MAT Mattel 16-Oct 5% 8% Hold
SHW Sherwin-Wlliams 25-Oct 7% 17% Hold
VFC VF Corp 21-Oct 6% 7% Hold
WFC Wells Fargo 11-Oct -1% 10% Hold

The Ugly

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
ABT Abbott Laboratories 16-Oct -44% 24% Sell
GOOG Google 17-Oct 31% 15% Sell
INTC Intel 15-Oct 0% -7% Sell
KMI Kinder Morgan 16-Oct 30% 74% Sell
KO The Coca-Cola 15-Oct 2% 6% Sell
USB U.S. Bancorp 16-Oct -4% 3% Sell
YUM Yum! Brands 8-Oct -1% -6% Sell
PM Philip Morris 17-Oct 1% 4% Strong Sell

Article printed from InvestorPlace Media, http://investorplace.com/2013/10/be-prepared-this-earnings-season-is-no-joke-yhoo-bk-shw-goog-intc/.

©2014 InvestorPlace Media, LLC

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