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Six Must-Follow Earnings for Aug. 7

NEW YORK ( TheStreet) -- Many companies plan to report earnings Tuesday, but the following six stand out.

Sirius XM Radio (SIRI - Get Report) is a stock I follow closely and have written many articles about. I also track the gaming industry in general, and MGM Resorts (MGM - Get Report) is a main focus.

DIS Revenue Growth Chart DIS Revenue Growth data by YCharts

Walt Disney (DIS - Get Report)

Who They Are: This well-known entertainment company was founded in 1923. Its stock trades an average of 10.1 million shares per day, and the company has a market cap of $87.8 billion.

52-Week Low: $28.19

52-Week High: $50.54

Book Value: $20.93

Price-to-Book Ratio: 2.24

Strong third-quarter earnings growth is expected by Wall Street after the market closes on Tuesday, Aug. 7. The consensus is for earnings of 93 cents a share, a gain of 15 cents (16.1%) from 78 cents during the corresponding quarter last year.

Seventeen of the 25 analysts covering the company give the mouse a buy recommendation.

The chart looks fantastic with all the major moving averages in a textbook bull trend. A big miss would spell an ugly drop, but this mouse has proven time and time again he knows how to get the cheese.

The trailing 12-month price-to-earnings ratio is 17.9, the mean fiscal-year estimate price-to-earnings ratio is 16.5, based on estimated EPS of $3.02 this year. Shareholders receive 60 cents annually in dividend payments. The yield based on the stock's recent price is 1.2%.

Over the last five years, the dividend has grown an average of 8.2% per year.

Shares have been slowly but steadily climbing in the last 30 days. Shares are now 2.2% higher than last month.

Disney last reported earnings on May 8, 2012, and the closing price that day was $44.30. Shares are up about 10% since then.

In the 2011 fiscal year (which ended Oct. 1, 2011), Disney reported earnings of $4.81 billion, up from $3.96 in the previous fiscal year. Revenue in the 2011 fiscal year was $40.89 billion, up from $38.06 billion in fiscal-year 2010.

Currently, shorts as a percentage of float are 2.9%, according to Yahoo! Finance. That's small and not a big concern.
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CVS $101.25 -1.40%
DIS $104.03 -1.19%
MGM $21.35 -2.60%
SIRI $3.92 -1.51%
VVUS $1.68 -3.20%


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