This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Stocks to Watch: Wal-Mart, HP, Tesla

Stocks in this article: TSLAWMTHPQBACHKSWY

NEW YORK -- Wal-Mart Stores (WMT), the world's biggest retailer, is expected by analysts Thursday to post fourth-quarter earnings of $1.57 a share on revenue of $128.85 billion.

Analysts expect Wal-Mart's namesake U.S. business to post a same-store sales increase of 1.4% in the quarter.

Last year, Wal-Mart earned $1.45 a share on net sales of $122.47 billion.

Federal Reserve, Wal-Mart Fear the Same Thing


Personal computer and printer maker Hewlett-Packard (HPQ) is forecast to have earned 71 cents a share in its fiscal first quarter on revenue of $27.79 billion.

HP is expected to issue its earnings report after the stock market closes Thursday.

HP earned $1.5 billion, or 73 cents a share, on revenue of $30.4 billion in the year-earlier quarter. Excluding accounting charges, earnings were 92 cents a share last year.


Tesla Motors' (TSLA) fourth-quarter earnings were mixed, with revenue beating Wall Street estimates but losses coming in wider than expected.

Tesla reported a fourth-quarter non-GAAP loss of 65 cents a share on revenue of $306 million. Analysts were looking for a loss of 53 cents a share on revenue of $298.2 million.

"During the quarter, we delivered approximately 2,400 Model S vehicles. We delivered the remaining North American Signature Series cars and shipped exclusively cars with the 85 kWh battery pack. We also saw strong demand for options such as the Performance version and Tech Package. Finally, we sold most of our remaining Roadsters during the quarter," CEO Elon Musk wrote in a letter to shareholders.

In the first quarter, Tesla said it expects to be "slightly positive net income, on a non-GAAP basis. We also expect to be near breakeven on cash flow from operations."

Tesla Shares Slip on Wider-Than-Expected Loss


Boeing (BA) is expected to launch on Friday a formal plan to get its grounded Dreamliner back into service, The Wall Street Journal reported, citing people familiar with the details.

Senior Boeing executives are scheduled to meet with Federal Aviation Administration officials in Washington to discuss the proposed 10-point package, emphasizing changes to the plane's lithium-ion batteries, the people told the newspaper.


Chesapeake Energy (CHK), the second-largest U.S. producer of natural gas, is expected by analysts Thursday to post fourth-quarter earnings of 14 cents a share, down from year-earlier profit of 58 cents a share.

A Tale of 2 Energy Companies


Wall Street expects Safeway (SWY), the grocery store chain, to report fourth-quarter earnings of 76 cents a share on revenue of $13.7 billion.


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Copyright 2013 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,805.41 +127.51 0.76%
S&P 500 1,964.58 +13.76 0.71%
NASDAQ 4,483.7150 +30.9230 0.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs