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

7 Earnings Reports to Watch Next Week

1. HJ Heinz (HNZ), a manufacturer of ketchup and other food products, will announce second-quarter fiscal year 2012 results on Nov. 18.

For the second quarter of fiscal year 2012, dividend per share is seen coming in at 48 cents as compared to 45 cents paid in the second quarter of fiscal year 2011. Currently, the company has a dividend yield of 3.4%.

For the second quarter of fiscal year 2012, net income is seen at $259.3 million, or 80 cents a share, vs. $251.4 million, or 78 cents a share, recorded in the year-ago quarter. Also, for the same period, net sales are seen growing to $2.91 billion from $2.61 billion. Operating profit is at $417.17 million from $416.8 million earlier. Cash flow per share is pegged at $1.06 for the quarter as compared to 51 cents in the first quarter of fiscal year 2011.

Of the 20 analysts covering the stock, 50% recommend a buy and 45% suggest a hold. On an average, analysts polled by Bloomberg expect the stock to gain almost 4.7% to $55.64 from current levels over the next 12 months.

>>To see these stocks in action, visit the 7 Earnings Stocks to Watch portfolio on Stockpickr.

8 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
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!
SYM TRADE IT LAST %CHG
HNZ $72.49 0.00%
DELL $0.00 0.00%
HAYN $45.35 0.00%
HP $74.42 0.00%
IOC $50.60 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs