Earnings Preview: Cisco Systems Inc (CSCO), Sprint Corporation (S), Applied Materials Inc (AMAT), CVS Caremark Corporation (CVS), PepsiCo Inc (PEP)

 @moranzhang
on February 07 2014 5:06 AM
Sprint
People talk on their cell phones as passers-by walk past a Sprint store in New York, October 15, 2012. REUTERS/Keith Bedford

More earnings announcements will hit the tape next week.

Of the 296 companies in the S&P 500 (INDEXSP:.INX) that have reported fourth-quarter 2013 operating EPS, 198 have topped analysts’ estimates and 63 have missed, according to S&P Capital IQ. This has resulted in a beat rate of 67 percent.

Wall Street analysts expect earnings for the S&P 500 to increase 7.5 percent year-over-year, versus the initial estimate of 5.7 percent. “The optimism generated by fourth-quarter results that look as if they will exceed initial estimates by nearly two percentage points is offset, however, by the erosion seen in 2014 estimates,” Sam Stovall, S&P Capital IQ's chief equity strategist, said in a Feb. 5 note.

Capital IQ consensus now estimates project an 8.5 percent increase in full-year results, versus the more than 10 percent increase projected initially.

We ran a screen and produced a list of 33 notable companies set to report their earnings between Feb. 10 and Feb. 13. We've 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:

Masco Corp. (NYSE:MAS) manufactures, distributes and installs home improvement and building products. The company has a market capitalization of $7.46 billion. It is expected to report FY 2013 fourth-quarter EPS of 16 cents on revenue of $1.99 billion, compared with a loss of 25 cents a share on revenue of $1.89 billion in the year-ago period. Masco Corporation is trading at around $20.95 a share. Over the past 12 months, the stock has gained 14.0 percent.

Nuance Communications Inc. (NASDAQ:NUAN) is a provider of voice and language solutions for businesses and consumers globally. The company has a market capitalization of $4.84 billion. It is expected to report a loss of 18 cents a share in the first quarter of fiscal year 2014 on revenue of $485.15 million, compared with a loss of 7 cents a share on revenue of $492.42 million in the year-ago period. Nuance Communications Inc. is trading at around $15.36 a share. Over the past 12 months, the stock has lost 37.6 percent.

Pioneer Natural Resources (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the U.S. and South Africa. The company has a market capitalization of $24.57 billion. It is expected to report FY 2013 fourth-quarter EPS of 79 cents on revenue of $908.89 million, compared with a profit of 22 cents a share on revenue of $818.69 million in the year-ago period. Pioneer Natural Resources is trading at around $176.64 a share. Over the past 12 months, the stock has gained 56.2 percent.

Tuesday Before Markets Open, or BMO:

CVS Caremark Corp. (NYSE:CVS) is a pharmacy health care provider in the U.S. The company has a market capitalization of $79.22 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.05 on revenue of $32.67 billion, compared with a profit of 90 cents per share on revenue of $31.39 billion in the year-ago period. CVS Caremark is trading at around $65.80 per share. Over the past 12 months, the stock has gained 28.4 percent.

Dean Foods Co. (NYSE:DF) is a food and beverage company with a market capitalization of $1.43 billion. It is expected to report a loss of 9 cents a share on revenue of $2.27 billion in the fourth quarter of fiscal year 2013, compared with a profit of 40 cents a share on revenue of $3.42 billion in the year-ago period. Dean Foods is trading at around $15.22 per share. Over the last 12 months, the stock has lost 59.8 percent.

Entergy Corp. (NYSE:ETR) is an integrated energy company engaged in electric-power production and retail electric-distribution operations. The company has a market cap of $11.27 billion. It is expected to report FY 2013 fourth-quarter EPS of 98 cents on revenue of $2.49 billion, compared with a profit of $1.66 per share on revenue of $2.44 billion in the year-ago period. Entergy is trading at around $63.23 per share. Over the past 12 months, the stock has lost 2.7 percent.

Marsh & McLennan Cos. Inc. (NYSE:MMC) provides advice and solutions in the areas of risk, strategy, and human capital. The company has a market cap of $24.39 billion. It is expected to report FY 2013 fourth-quarter EPS of 57 cents on revenue of $3.13 billion, compared with a profit of 47 cents a share on revenue of $3.00 billion in the year-ago period. Marsh & McLennan Companies Inc. is trading at around $44.45 a share. Over the past 12 months, the stock has gained 20.7 percent.

Mosaic Co. (NYSE:MOS) is a producer and marketer of combined concentrated phosphate and potash crop nutrients for the global agriculture industry. The company has a market cap of $19.67 billion. It is expected to report FY 2013 fourth-quarter EPS of 44 cents on revenue of $1.87 billion, compared with a profit of $1.47 a share on revenue of $2.54 billion in the year-ago period. Mosaic Co. is trading at around $46.15 a share. Over the past 12 months, the stock has lost 24.6 percent.

PG&E Corp. (NYSE:PCG) is the investor-owned utility that provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield almost to the Oregon border. The company has a market cap of $18.51 billion. It's expected to report FY 2013 fourth-quarter EPS of 28 cents on revenue of $3.90 billion, compared with a loss of 3 cents per share on revenue of $3.83 billion in the year-ago period. PG&E is trading at around $41.34 per share. Over the past 12 months, the stock has lost 2.9 percent.

Sprint Corp. (NYSE:S) is a communications company offering a range of wireless and wireline communications products and services. The company has a market cap of $33.42 billion. It's expected to report a loss of 33 cents per share in the fourth quarter of fiscal year 2013 on revenue of $8.98 billion. Sprint Corporation is trading at around $7.88 per share. Since Softbank took control of the third-largest U.S. wireless carrier in July 2013, the stock has gained 42.3 percent.

Tuesday AMC:

Tripadvisor Inc (NASDAQ:TRIP) is an online travel research company that enables users to plan and have a trip. The company has a market cap of $11.99 billion. It is expected to report FY 2013 fourth-quarter EPS of 13 cents on revenue of $205.47 million, compared with a profit of 23 cents a share on revenue of $169.39 million in the year-ago period. Tripadvisor is trading at around $76.90 a share. Over the past 12 months, the stock has gained 63.8 percent.

The Western Union Co. (NYSE:WU) is engaged in money movement and payment services. The company has a market cap of $8.48 billion. It's expected to report FY 2013 fourth-quarter EPS of 32 cents on revenue of $1.43 billion, compared with a profit of 40 cents per share on revenue of $1.43 billion in the year-ago period. The Western Union Company is trading at around $15.35 per share. Over the past year, the stock has gained 3.8 percent.

Wednesday BMO:

Deere & Company (NYSE:DE) is most commonly known by the name John Deere, is an American corporation based in Moline, Ill., and one of the largest manufacturers of agricultural machinery in the world. The company has a market capitalization of $31.90 billion. It is expected to report FY 2014 first-quarter EPS of $1.55 on revenue of $6.68 billion, compared with EPS of $1.65 on revenue of $6.79 billion in the year-ago period. Deere & Company is trading at around $85.70 per share. Over the past 12 months, the stock has lost 7.6 percent.

Lorillard Inc. (NYSE:LO) is the manufacturer of cigarettes in the U.S. The company has a market capitalization of $17.76 billion. It is expected to report FY 2013 fourth-quarter EPS of 87 cents on revenue of $1.31 billion, compared with a profit of 80 cents a share on revenue of $1.21 billion in the year-ago period. Lorillard is trading at around $48.23 a share. Over the past 12 months, the stock has gained 21.4 percent.

Wednesday AMC:

Applied Materials, Inc. (NASDAQ:AMAT) provides manufacturing equipment, services and software to the global semiconductor, flat panel display, solar photovoltaic and related industries. The company has a market capitalization of $20.58 billion. It is expected to report FY 2014 first-quarter EPS of 21 cents on revenue of $2.13 billion, compared with a profit of 3 cents a share on revenue of $1.57 billion in the year-ago period. Applied Materials is trading at around $17.07 a share. Over the past 12 months, the stock has gained 27.5 percent.

CBS Corp. (NYSE:CBS) is a mass media company. CBS Corp. has a market capitalization of $36.10 billion. It is expected to report FY 2013 fourth-quarter EPS of 75 cents on revenue of $3.82 billion, compared with a profit of 60 cents a share on revenue of $3.70 billion in the year-ago period. CBS is trading at around $60.15 a share. Over the past 12 months, the stock has gained 43.3 percent.

CenturyLink, Inc. (NYSE:CTL) provides a range of communications services. The company has a market capitalization of $16.60 billion. It is expected to report FY 2013 fourth-quarter EPS of 75 cents on revenue of $3.82 billion, compared with a profit of 60 cents per share on revenue of $3.70 billion in the year-ago period. CenturyLink is trading at around $28.09 per share. Over the past 12 months, the stock has lost 31.2 percent.

Cisco Systems Inc. (NASDAQ:CSCO) designs, manufactures and sells Internet protocol-based networking and other products related to the communications and information technology industry and provide services associated with these products and their use. The company has a market capitalization of $119.76 billion. It is expected to report FY 2014 second-quarter EPS of 37 cents on revenue of $11.03 billion, compared with EPS of 59 cents on revenue of $12.10 billion in the year-ago period. Cisco Systems Inc. is trading at around $22.39 per share. Over the past 12 months, the stock has gained 5.7 percent.

DDR Corp. (NYSE:DDR) is a self-administered and self-managed real estate investment trust. The company has a market capitalization of $5.44 billion. It is expected to report FY 2013 fourth-quarter EPS of 5 cents on revenue of $250.40 million, compared with a loss of 2 cents a share on revenue of $210.87 million in the year-ago period. DDR Corp is trading at around $15.15 per share. Over the past 12 months, the stock has lost 9.8 percent.

Fidelity National Financial Inc. (NYSE:FNF) provides title insurance, mortgage services, and diversified services. The company has a market cap of $7.09 billion. It is expected to report FY 2013 fourth-quarter EPS of 38 cents on revenue of $1.91 billion, compared with a profit of 66 cents per share on revenue of $2.24 billion in the year-ago period. Fidelity National Financial is trading at around $30.83 per share. So far this year, the stock has gained 19.4 percent.

MetLife Inc. (NYSE:MET) is a provider of insurance, annuities and employee benefit programs. The company has a market cap of $53.96 billion. It's expected to report FY 2013 fourth-quarter EPS of $1.12 on revenue of $17.43 billion, compared with a profit of 9 cents per share on revenue of $17.33 billion in the year-ago period. MetLife is trading at around $48.10 per share. Over the past 12 months, the stock has gained 28.1 percent.

Mondelez International Inc. (NASDAQ:MDLZ), formerly Kraft Foods Inc., is a maker of chocolate, biscuits, gum, candy, coffee and powdered beverages. The company has a market capitalization of $57.05 billion. It is expected to report FY 2013 fourth-quarter EPS of 43 cents on revenue of $9.58 billion, compared with a profit of 30 cents a share on revenue of $9.48 billion in the year-ago period. Mondelez International Inc is trading at around $32.61 a share. Over the past 12 months, the stock has gained 16.1 percent.

NetApp Inc. (NASDAQ:NTAP) is a provider of storage systems and data management solutions for information technology infrastructures. The company has a market capitalization of $14.30 billion. It is expected to report FY 2014 third-quarter EPS of 53 cents on revenue of $1.63 billion, compared with a profit of 43 cents a share on revenue of $1.63 billion in the year-ago period. NetApp is trading at around $41.98 a share. Over the past 12 months, the stock has gained 16.2 percent.

NVIDIA Corp. (NASDAQ:NVDA) is engaged in creating the graphics chips used in personal computers. The company has a market capitalization of $8.91 billion. It is expected to report FY 2014 fourth-quarter EPS of 18 cents on revenue of $1.05 billion, compared with a profit of 28 cents a share on revenue of $1.11 billion in the year-ago period. NVIDIA is trading at around $15.65 a share. Over the past 12 months, the stock has gained 26.9 percent.

Whole Foods Market Inc. (NASDAQ:WFM) is a natural and organic-foods supermarket firm. The company has a market cap of $20.07 billion. It is expected to report FY 2014 first-quarter EPS of 44 cents on revenue of $4.29 billion, compared with a profit of 39 cents a share on revenue of $3.86 billion in the year-ago period. Whole Foods Market is trading at around $53.91 a share. Over the past 12 months, the stock has gained 15.4 percent.

SunPower Corp. (NASDAQ:SPWR) designs and manufactures high-efficiency crystalline silicon photovoltaic cells, roof tiles and solar panels based on a silicon all-back-contact solar cell invented at Stanford University. The company has a market cap of $4.91 billion. It is expected to report FY 2013 fourth-quarter EPS of 10 cents on revenue of $707.93 million, compared with a loss of $1.22 a share on revenue of $784.58 million in the year-ago period. SunPower Corp. is trading at around $30.06 a share. Over the past 12 months, the stock has gained 258.54 percent.

Thursday BMO:

Avon Products, Inc. (NYSE:AVP) is a manufacturer and marketer of beauty and related products. The company has a market capitalization of $6.30 billion. It is expected to report FY 2013 fourth-quarter EPS of 19 cents on revenue of $2.75 billion, compared with a loss of 37 cents a share on revenue of $3.00 billion in the year-ago period. Avon Products is trading at around $14.53 a share. Over the past 12 months, the stock has lost 16.3 percent.

Nielsen Hldg NV (NYSE:NLSN) is a global information and measurement company. The company has a market capitalization of $16.46 billion. It's expected to report FY 2013 fourth-quarter EPS of 27 cents on revenue of $77.11 million, compared with a profit of 44 cents per share on revenue of $65.03 million in the year-ago period. Nielsen is trading at around $43.47 per share. Over the past 12 months, the stock has gained 34.7 percent.

PepsiCo, Inc. (NYSE:PEP) is a global food and beverage company. The company has a market capitalization of $121.68 billion. It is expected to report FY 2013 fourth-quarter EPS of $1.03 on revenue of $20.16 billion, compared with a profit of $1.06 a share on revenue of $19.95 billion in the year-ago period. PepsiCo is trading at around $79.37 a share. Over the past 12 months, the stock has gained 9.0 percent.

The Goodyear Tire & Rubber Co. (NYSE:GT) is a manufacturer of tires. The company has a market capitalization of $5.78 billion. It is expected to report FY 2013 fourth-quarter EPS of 62 cents on revenue of $4.95 billion, compared with a profit of 0 cent a share on revenue of $5.05 billion in the year-ago period. Goodyear is trading at around $23.36 a share. Over the past 12 months, the stock has gained 72.2 percent.

Thursday AMC:

Agilent Technologies Inc. (NYSE:A) is a measurement company providing bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The company has a market capitalization of $19.29 billion. It is expected to report FY 2014 first-quarter EPS of 56 cents on revenue of $1.69 billion, compared with EPS of 51 cents on revenue of $1.68 billion in the year-ago period. Agilent Technologies Inc. is trading at around $58.16 per share. Over the past 12 months, the stock has gained 29.1 percent.

Cliffs Natural Resources Inc. (NYSE:CLF) is an international mining and natural resources company. The company has a market capitalization of $3.17 billion. It is expected to report FY 2013 fourth-quarter EPS of 82 cents on revenue of $1.46 billion, compared with a loss of $11.36 a share on revenue of $1.54 billion in the year-ago period. Cliffs Natural Resources is trading at around $20.71 a share. Over the past 12 months, the stock has lost 44.5 percent.

Kraft Foods Group Inc. (NASDAQ:KRFT) is a food company. The company has a market capitalization of $30.77 billion. It is expected to report FY 2013 fourth-quarter EPS of 642 cents on revenue of $4.63 billion, compared with a profit of 15 cents a share on revenue of $4.49 billion in the year-ago period. Kraft Foods Group is trading at around $51.60 a share. Over the past 12 months, the stock has gained 9.8 percent.

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