This Day On The Street
Continue to site
ADVERTISEMENT
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 Reports to Watch Next Week

8. Wolverine World Wide (WWW - Get Report) is a designer, manufacturer and marketer of a range of casual shoes, performance outdoor footwear and apparel, industrial work shoes, boots and apparel, and uniform shoes and boots. The company will announce its third-quarter results on Oct. 3.

Net income is estimated to come in at $36.76 million on sales of $358.2 million, as compared to a net income of $34.14 million recorded on sales of $320.4 million sales for the same period in 2010, as per analysts polled by Bloomberg. Earnings per share are forecast at 75 cents for the quarter, compared to 70 cents in the prior-year period. Return on equity is estimated to increase by 7% to 20.90% from 19.48% earlier.

In mid-July, the company declared a quarterly cash dividend of 12 cents per common share which is payable on November 1, 2011. Currently, the company has a dividend yield of 1.3%.

Of the 13 analysts covering the stock, 38% recommend a buy, while the remaining rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 24.3% to $43.75 from current levels over the next 12 months.

2 of 9

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
Submit an article to us!
SYM TRADE IT LAST %CHG
COST $144.50 -0.86%
HELE $87.50 -0.40%
MASC $12.74 0.08%
MAR $78.18 -2.90%
LRN $14.76 -7.80%

Markets

DOW 17,928.20 -142.20 -0.79%
S&P 500 2,089.46 -25.03 -1.18%
NASDAQ 4,939.3270 -77.6020 -1.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs