Be Prepared. This Earnings Season Is No Joke.

Earnings season is upon us and you can bet that it is going to spur some big swings in the market. To prepare for this, let’s preview some of the biggest earnings announcements coming at us over the next few trading days. I’ll provide what the analyst community’s expectations are for each stock plus my take on whether the upcoming earnings announcement is a buying opportunity.

The Good

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
CMG Chipotle Mexican Grill 17-Oct 17% 22% Strong Buy
OSTK Overstock.com Inc. 21-Oct 18% 200% Strong Buy
SWY Safeway Inc. 10-Oct -15% 0% Strong Buy
YHOO Yahoo! Inc. 15-Oct 0% 6% Strong Buy
ADTN Adtran Inc. 9-Oct 7% 47% Buy
AXP American Express Co. 16-Oct 5% 12% Buy
BAC Bank of America Corp. 16-Oct 8% 1800% Buy
ETFC E*TRADE Financial Corp. 14-Oct -15% 260% Buy
JNJ Johnson & Johnson 15-Oct 2% 6% Buy
SNDK Sandisk Corp. 16-Oct 23% 173% Buy
SVU SUPERVALU Inc. 17-Oct -52% 900% Buy
UNH UnitedHealth Group Inc. 17-Oct 13% 1% Buy
URI United Rentals Inc. 16-Oct 8% 19% Buy
WYNN Wynn Resorts Ltd. 21-Oct 4% 8% Buy

The Bad

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
BK Bank of New York Mellon 16-Oct 3% -5% Hold
C Citigroup Inc. 15-Oct 35% 0% Hold
EBAY eBay Inc. 16-Oct 15% 15% Hold
GS Goldman Sachs Group Inc. 17-Oct -11% -13% Hold
MAT Mattel Inc. 16-Oct 5% 8% Hold
SHW Sherwin-Wlliams Co. 25-Oct 7% 17% Hold
VFC VF Corp. 21-Oct 6% 7% Hold
WFC Wells Fargo & Co. 11-Oct -1% 10% Hold

The Ugly

Ticker Company Earnings Date Forecast Sales Forecast Earnings My Take
ABT Abbott Laboratories 16-Oct -44% 24% Sell
GOOG Google Inc. 17-Oct 31% 15% Sell
INTC Intel Corp. 15-Oct 0% -7% Sell
KMI Kinder Morgan Inc. 16-Oct 30% 74% Sell
KO The Coca-Cola Co. 15-Oct 2% 6% Sell
USB U.S. Bancorp 16-Oct -4% 3% Sell
YUM Yum! Brands Inc. 8-Oct -1% -6% Sell
PM Philip Morris International 17-Oct 1% 4% Strong Sell

Sincerely,

Louis Navellier

Louis Navellier

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