9 Stocks Reporting Earnings Next Week

NEW YORK ( TheStreet) -- FactSet Research Systems ( FDS), Quiksilver ( ZQK), and Rentech ( RTK) are among nine stocks reporting quarterly earnings next week.

Based on the average 12-month price targets of Wall Street analysts, these stocks could gain between 4% and 90% in the coming year.

We present the stocks in order of earnings release date.

9. FactSet Research Systems ( FDS), supplies global economic and financial data to financial professionals. Its databases combine multiple suppliers into a single online source of information and analytics, including fundamental data. FactSet will announce first-quarter fiscal 2012 results on Dec. 13.

Net income for the quarter is estimated at $46.13 million, or $1.00 per share, compared with $40.18 million, or 85 cents per share, in the same quarter prior fiscal, according to the analyst consensus from Bloomberg. Sales are seen at $197 million, an increase of 14% from $173.29 million recorded in the earlier-year period.

Operating profit for the quarter is seen increasing by 12% to $66.80 million from $59.43 million in the same quarter a year before. Currently, the company has a dividend yield of 1.1%.

Of the nine analysts covering the stock, four recommend a buy and the rest suggest a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain an average 5.4% to $98.25 from current levels over the next 12 months.

8. The Pantry ( PTRY) operates convenience stores in the southeastern U.S., offering a variety of merchandise and gasoline. The company will announce fourth-quarter fiscal 2011 results on Dec. 13.

Net income for the quarter is estimated at $23.60 million, or 59 cents per share, compared with $11.33 million, or 50 cents per share, in the corresponding quarter last fiscal year, according to analysts polled by Bloomberg. Sales are seen at $2.18 billion, an increase of 11% from $1.95 billion recorded in the same quarter last year.

EBITDA, or earnings before interest, depreciation, taxes, depreciation and amortization, is seen rising 13% to $74.5 million from $66.2 million in the same quarter last year.

Of the six analysts covering the stock, three rate it a buy. Analysts polled by Bloomberg expect the stock to gain an average of 56.8%, to $19.00, from current levels over the next 12 months.

7. Rentech ( RTK) develops patented processes for the conversion of carbon-bearing gases, liquids and solids into liquid hydrocarbon products. Rentech will announce fourth-quarter fiscal 2011 results on Dec. 14.

The company's net loss for the quarter is likely to narrow to $7.2 million, or 2 cents per share, compared with a net loss of $9.12 million, or 4 cents per share, in the corresponding quarter of the previous fiscal year, according to analysts polled by Bloomberg. Sales are seen at $37.2 million.

The company's operating loss for the quarter is pegged at $2.2 million, vs. an operating loss of $7.13 million in same quarter last year. For fiscal 2011, book value per share is seen increasing to 22 cents from 17 cents in fiscal year 2010.

Over the next 12 months, analysts polled by Bloomberg expect the stock to gain an average of 89.9%, to $3.00, from current levels.

6. Pier 1 Imports ( PIR) engages in the retailing of home furnishings, gifts and related items. Its stores are located in the U.S., Puerto Rico, Canada, U.K. and Mexico. PIR will announce third-quarter fiscal 2012 results on Dec. 15.

Net income for the quarter is estimated at $21.89 million, or 20 cents per share, compared to $21.00 million, or 18 cents per share, in the same quarter prior fiscal, according to analysts polled by Bloomberg. Sales are seen at $379.38 million, an increase of 7% from $353.76 million recorded in the third quarter of fiscal 2011.

Operating profit for the period is seen growing 54% to $33.61 million. Gross margin is seen expanding to 42.76% from 40.73% earlier. Return on equity during the quarter rose to 28.30% from 24.92% earlier, while return on assets increased to 15.40% from 11.79%. The company saw an increase in cash flow per share to $1.84 from 23 cents.

Of the 10 analysts covering the stock, 70% recommend a buy and 20% rate a hold. Analysts polled by Bloomberg expect the stock to gain an average 13.2% to $15.00 from current levels over the next 12 months.

5. Scholastic ( SCHL), a global children's publishing, education and media company, also produces and distributes educational materials for use in school and at home. SCHL will announce second-quarter fiscal 2012 results on Dec. 15.

Net income is estimated at $76.2 million. Earnings per share for the quarter are seen at $2.33, vs. $2.19 in same quarter last fiscal, according to analysts polled by Bloomberg. Sales are seen increasing 1% to $685 million from $675.7 million in last year's second quarter.

Operating profit is seen increasing 2% to $132 million. Gross margin is seen expanding to 56.80% during the quarter from 56.16% in the corresponding quarter prior fiscal. SCHL is trading at a dividend yield of 1.4%, currently.

Of the four analysts covering the stock, three recommend a buy. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain almost 41.6% to $37.00 from current levels over the next 12 months.

4. Stewart Enterprises ( STEI) owns and operates funeral homes and cemeteries in multiple states and Puerto Rico. It offers a wide range of funeral and cemetery merchandise and services and cemetery property. Stewart will announce fourth-quarter fiscal 2011 results on Dec. 15.

For the quarter, net income is seen at $8.47 million, or 9 cents per share, compared to $8.40 million, or 9 cents per share in the year-ago quarter. Sales are likely to increase by 2% to $127.75 million from $125.30 million in the same quarter prior year.

Gross margin is likely to expand 19.47% from 19.14% in the year-ago period. Dividend per share is estimated to increase to 4 cents from 3 cents in the year-ago quarter. The company has a dividend yield of 2.1%, currently. Dividend per share is seen at 4 cents for the quarter as compared to 3 cents earlier.

Of the six analysts covering the stock, 83% recommend a buy. Analysts polled by Bloomberg expect the stock to gain almost 46.7% to $8.70 from current levels over the next 12 months.

3. Herman Miller ( MLHR) makes office furniture and services. It markets its products to companies, organizations and individuals. The company will announce second-quarter fiscal 2012 results on Dec. 15.

Net income for the quarter is estimated at $23.97 million, or 41 cents per share, compared to $19.26 million, or 29 cents per share, in the same quarter prior fiscal year, according to analysts polled by Bloomberg. Sales are seen increasing 10% to $452.67 million from the prior-year quarter.

Operating profit is seen increasing 20% to $40.20 million, while EBITDA is expected to rise 17% to $50.75 million. Gross margin is likely to expand to 33.53% from 32.95% earlier. Return on assets for the quarter is seen rising to 11.10% from 5.48% in the prior fiscal year's quarter.

Of the four analysts covering the stock, three recommend a buy. There are no sell ratings on the stock. Analysts polled by Bloomberg expect the stock to gain almost 55.2% to $31.00 from current levels over the next 12 months.

2. Quiksilver ( ZQK), an outdoor sports apparel and equipment maker, will announce fourth-quarter fiscal 2011 results on Dec. 15.

For the quarter, the company expects net income of $13.20 million, or 7 cents per share, compared to $10.44 million, or 6 cents per share, recorded in the third quarter of fiscal 2011, according to analysts polled by Bloomberg. Sales are seen increasing by 7% year-over-year to $528.67 million from the year-ago quarter.

For the quarter, EBITDA is seen increasing by 7% to $60.52 million from the year-earlier quarter, while operating profit is seen increasing 4% to $44.52 million. Cash flow per share is expected at 26 cents from 4 cents earlier. Return on equity for fiscal year is seen swinging to positive 1.08% from negative 1.82% earlier.

Net income for fiscal year 2011 is projected at $36.15 million as compared to $7.94 million in fiscal year 2010. Sales are seen increasing by 5% to $1.9 billion.

Of the 11 analysts covering the stock, 55% recommend a buy and the rest suggest a hold. There are no sell ratings on the stock. On average, analysts polled by Bloomberg expect the stock to gain almost 63.9% to $5.00 from current levels over the next 12 months.

1. General Mills ( GIS) is a worldwide seller and manufacturer of packaged foods for retail consumers and the foodservice and commercial baking industries. GIS will announce second-quarter fiscal 2012 results on Dec. 16.

For the quarter, the company expects net income of $526.73 million, according to analysts polled by Bloomberg. Earnings per share are forecast at 79 cents for the quarter, compared to 76 cents in second quarter fiscal 2011. Sales are seen rising 13% to $4.6 billion.

For the quarter, gross operating profit is seen rising 2% to $836.75 million. EBITDA for the same period is expected at $956.3 million, from $942.8 million earlier. Cash flow per share is seen increasing 60% to $1.05 from 65 cents earlier. Dividend per share for the quarter is pegged at 44 cents, compared to 28 cents in year-ago quarter and 31 cents in the prior quarter. GIS is trading at a dividend yield of 2.8%.

Of the 21 analysts covering the stock, 57% recommend a buy and 33% suggest a hold. On average, analysts polled by Bloomberg expect the stock to gain almost 3.9% to $41.81 from current levels over the next 12 months.