Page 1
Page 1
Started By
Message
locked post

Earnings and Reports for Week of 7/12/09

Posted on 7/12/09 at 2:54 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/12/09 at 2:54 pm
This is the first week of real earnings reports, so I thought I would start those threads again. I'm just going to outline the major ones this time, basically financials, tech, and the bellwethers.

Earnings:

Tuesday:
GS: Avg rev @ $10.12B (there's a lot of divergence in this number, with a high of $12B and a low of $6B); Op EPS @ 3.48.
JNJ: Avg rev @ $15B; Op EPS @ 1.11.

Wednesday:
AMR: Avg rev @ $4.9B; Op EPS @ -1.28.

Thursday:
GOOG: Avg rev @ $4.35B; Op EPS @ 5.06.
IBM: Avg rev @ $23.58B; Op EPS @ 2.02.
JPM: Avg rev @ $25.87B; Op EPS @ 0.04. As with GS, the rev number varies a lot, between 23 and 27, and EPS somewhere between -0.23 and 0.27.

Friday:
BAC: Avg rev @ $32.54B; Op EPS @ 0.25. Again, as with the other money-center financials, the rev number is wide, somewhere between $27B and $35B, and Op EPS between -0.11 and 0.70. Their revenue is getting a big jack upwards from the sale of their holdings in CCB.
BBT : Avg rev @ $2B; Op EPS @ 0.21. Not much divergence in the revenue projections, but a lot in the EPS projections, somewhere between 0.06 and 0.38.
C: Avg rev @ $22.4B; Op EPS @ -0.31. Same thing applies here, rev somewhere between $19.5B and $25.5B; EPS between -0.76 and -0.03.
GE: Avg rev @ $42.16B; Op EPS @ 0.23. Not as much, but still a lot of rev divergence, between $39B and $45B, with EPS between 0.16 and 0.27.
MI also reports.

Econ:

Tuesday:
PPI (0.1% core), Retail Sales (0.5%, no idea how they're expecting that number), May Business Inventories (-1.0%)

Wednesday:
CPI (0.1% core), Empire Manu (-5 from -9), CapU (67.9% from 68.3%), IP (-0.6% from -1.1%)

Thursday:
Jobless Claims (no estimate yet), Philly Fed (-5 from -2)

Friday:
Permits and Starts
Posted by threesheets
Member since Oct 2007
423 posts
Posted on 7/12/09 at 3:36 pm to
GOOG should be an interesting one to watch in the coming months.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/12/09 at 3:43 pm to
I'm interested to see if Bing can sustain its early momentum and cut into their earnings at all.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
45835 posts
Posted on 7/12/09 at 3:44 pm to
quote:

Friday:
Permits and Starts


And you forgot, Failures!

Posted by MileHigh
Most likely a mile high
Member since Jan 2004
7920 posts
Posted on 7/12/09 at 4:43 pm to
Its a huge week. Let's see if the green shoots spread to other sectors.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/12/09 at 5:17 pm to
There will definitely be green shoots to be found.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 7/14/09 at 11:27 am to
Core PPI came in way hot at 0.5% (0.1% expected). June retail ex auto came in at 0.3% (0.5% expected), although every leading report had it down as much at around -0.5%, but I haven't looked at the report yet, so those reports might have understated the absence of the WalMart data. Business inventories dropped -1.0% (-0.8% expected).

GS blew everything away with an EPS of $4.93 and overall revenue of $13.76B, eclipsing even the highest revenue estimate nearly $2B. JNJ put up 15.2B in Revenue and an EPS of 1.15, more or less in line with expectations.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram