Sunday, November 18, 2012

Big earnings on Monday: Agilent, Lowe’s

Krispy Kreme and Urban Outfitters also on tap

Portfolio Relevance
By Sue Chang, MarketWatch
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Monday’s session are Agilent Technologies Inc., Lowe’s Companies Inc., and Krispy Kreme Doughnuts Inc. JACK -0.28%
Agilent A +0.17% is expected to report fourth-quarter earnings of 75 cents a share, according to a consensus survey by FactSet.

U.S. week ahead: fiscal cliff watch

In a holiday-shortened week, investors will watch for progress in Washington in averting $600 billion in automatic spending cuts and tax hikes slated to begin on Jan. 1 Photo: AP
“Agilent Technologies reports fiscal 4Q12 earnings on Monday after market close, in what is widely expected to be another macro-challenged quarter, although more focus is now on FY13 guidance, which will be given for the first time,” Tycho Peterson, an analyst at J.P. Morgan, said in a note. “Like many investors, we have been frustrated by the stock’s performance for most of this year, although we believe this can mainly be attributed to continued negative estimate revisions, for which we see an end in the near future.”
Lowe’s LOW +1.84% is forecast to announce third-quarter earnings of 35 cents a share.
KKD 7.23+0.35+5.09%
Krispy Kreme Doughnuts Inc.
Krispy Kreme KKD +5.09% is projected to report third-quarter earnings of 4 cents a share.
“We expect more of a steady, initiative-building quarter (coffee program) and do not anticipate results swaying us from our belief that shares of KKD offer an attractive opportunity to participate in the resurrection of the presence of KKD in the U.S. and growth internationally,” said Conrad Lyon, an analyst at B. Riley & Co., in a report.
Urban Outfitters Inc. URBN +0.66% is likely to post third-quarter earnings of 41 cents a share.
Jack In The Box Inc. JACK -0.28% is expected to report fourth-quarter earnings of 36 cents a share.
Tyson Foods Inc. TSN +0.72% is likely to report fourth-quarter earnings of 47 cents a share. 

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