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

8 Earnings Stocks to Watch

NEW YORK ( TheStreet) - Freeport-McMoRan Copper & Gold (FCX - Get Report), Nucor (NUE - Get Report) and McDonald's (MCD - Get Report) are among the eight stocks reporting quarterly earnings during the next week.

According to analysts, these eight stocks spread across diverse sectors range in upside potential from 4% to 52% with an average of 53% of analysts offering buy ratings and an average of 43% issuing hold ratings. Among these eight stocks, Steel Dynamics (STLD - Get Report) and Freeport-McMoRan Copper & Gold have high dividend yields of 3.1% and 4.3%, respectively.

These eight stocks are arranged based on earnings release date.

8. Steel Dynamics (STLD - Get Report) operates in three segments -- steel operations, metals recycling and ferrous resources operations and steel fabrication operations. The company will announce its third quarter results on Oct. 17.

For 2011 third quarter, net income is estimated to come in at $48.58 million on sales of $1.97 billion, as compared to a net income of $18.74 million recorded on sales of $1.58 billion sales for the same period in 2010, as per analysts polled by Bloomberg. Earnings per share are forecast at 21 cents for the quarter, compared to nine cents registered in 2010 third quarter. Gross margin for the same period is seen coming in at 11.66% as compared to 8.10%.

Recently, the company declared its regular quarterly cash dividend of 10 cents per common share which is payable on Oct. 14. Currently, the company has a dividend yield of 3.1%. For the third quarter of 2011, dividend per share is estimated to be at 10 cents as compared to eight cents in the year-ago quarter.

Of the 16 analysts covering the stock, 63% 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 50.8% to $16.92 from current levels over the next 12 months.
1 of 8

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CMG $480.57 0.00%
DPZ $109.50 0.00%
FCX $5.53 0.00%
MCD $117.93 0.00%
NUE $40.03 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs