This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

9 Earnings to Watch Friday

6. ITT (ITT - Get Report), a global engineering and manufacturing organization, designs, manufactures and sales a range of engineered products. The products are used in three markets - global defense and security, water and fluids management, and motion and flow control. It has its operations in 60 countries, and sales presence in more than 125 countries. The company will announce its first quarter results on April 29.

For the first quarter of 2011, net income is estimated at $175 million on sales of $2,639.3 million, as compared to $156 million recorded on $2,636 million sales for the same period in 2010, as per analysts polled by Bloomberg. Earnings per share are forecast at 93 cents for the quarter, as compared to 84 cents registered in 2010 first quarter. Meanwhile, return on assets is seen coming in at 5.9% as compared to 5.6% in the year ago period. Also, dividend per share is seen increasing by 6% for the same period.

Of the 20 analysts covering the stock, 30% recommend a buy, while 60% rate a hold. Analysts polled by Bloomberg expect the stock to gain an average 9.2% to $64.7 from current levels over the next 12 months.

5 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
QRE $0.00 0.00%
CAT $85.33 0.86%
CVX $109.70 -0.15%
CSUN $2.03 1.00%
ITT $40.30 -0.25%


DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs