NEW YORK ( TheStreet) - Yum! Brands ( YUM), Marriott International ( MAR) and Wolverine World Wide ( WWW) are among the nine stocks reporting quarterly earnings during the next week.
These nine stocks spread across diverse sectors have analyst-estimated upside potential of 21% to 66% with average buy ratings of 58% while average hold ratings of 36%. Among these nine stocks, RPM International ( RPM) and Yum! Brands have high dividend yields of 4.4% and 3.0%, respectively. These nine stocks are arranged based on earnings release date. 9. K12 ( LRN), a technology-based education company, offers curriculum and educational services designed to facilitate individualized learning for students in kindergarten through 12th grade. The company will announce its fourth-quarter results on Oct. 3. For the company's fourth quarter, net loss is narrowed down to $0.48 million from $1.33 million in the same quarter a year ago, as per analysts polled by Bloomberg. Earnings per share are seen at breakeven as compared to a loss of 4 cents per share earlier. Sales for the quarter are seen increasing by 39% to $123 million from $88.3 million in fourth quarter of 2010. Operating profit is seen at $0.32 million as compared to an operating loss of $1.88 million. Of the nine analysts covering the stock, 67% recommend a buy, while 22% suggest a hold. Analysts polled by Bloomberg expect the stock to gain an average 34.2% to $35.67 in value from current levels.
Investors considering a purchase of K12 Inc stock, but cautious about paying the going market price of $10.64/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June put at the $7.50 strike, which has a bid at the time of this writing of 25 cents.