Earnings Expectations for the Week of April 30 (CMCSA, GM, KFT, V)

Apple AAPL and Amazon.com AMZN may have posted stellar results, but earnings season rolls on. Here is a quick day-by-day rundown of what analysts are expecting from some of this week's most prominent earnings reports. Monday Anadarko Petroleum APC and Watson Pharmaceuticals WPI are expected to offer up year-over-year earnings growth. But EPS from Humana HUM and NYSE Euronext NYX are forecast to be lower than a year ago. Tuesday Archer Daniels Midland ADM is expected to report a $0.59 per share profit for its fiscal third quarter. Note that the EPS estimate has fallen from $0.66 per share some 60 days ago, and also that ADM missed estimates by nearly 33% in the second quarter. Analysts predict revenues for the third quarter will have grown 6.5% from a year ago to $21.4 billion. New York-based mass media company CBS's CBS first-quarter profit is expected to come to $0.44 per share, with revenues totaling $3.8 billion. That would be up from $0.29 per share and $3.5 billion a year ago. CBS has not fallen short of consensus EPS estimates in the past six quarters. Analysts expect Pfizer PFE, which is hit a multiyear high on Friday, to post EPS and revenue declines on Tuesday. The consensus forecast has earnings down 6.7% year over year to $0.56 per share and sales 6.2% lower to $15.5 billion. Analysts so far expect second-quarter results to about the same, but they have underestimated Pfizer's EPS in the past eight quarters. Other companies forecast to post higher per-share earnings on Tuesday include Automatic Data Processing ADP and Motorola Mobility MMI. Analyst anticipate Sirius XM Radio SIRI will post EPS about the same as a year ago, but Avon Products AVP, Broadcom BRCM and Chesapeake Energy CHK are expected to report a year-over-year decline in EPS. Wednesday First-quarter earnings from Comcast CMCSA are expected to have risen 19.0% year over year to $0.42 per share. The U.S.'s largest cable operator is expected to say that its revenue for the quarter totaled $14.4 billion. That also would be 19.0% higher than in the same quarter a year ago. But Philadelphia-based company has only topped consensus EPS estimates in two of the past four quarters. CVS Caremark CVS is expected to report first-quarter earnings of $0.63 per share and revenues of $30.3 billion. That would be up from $0.57 per share and $25.9 billion in the same quarter of last year. CVS has not fallen short of consensus EPS expectations in the past six quarters. From Purchase, N.Y.-based MasterCard MA, analysts are looking for earnings that are 18.9% higher than a year ago to $5.29 per share. And first-quarter revenues are expected to be up 15.1% to $1.7 billion. MasterCard, shares of which hit a multiyear high Friday, has offered upside surprises in the past six quarters. Time Warner TWX is forecast to post first-quarter EPS of $0.64 and revenues of $6.8 billion. That would be up from $0.58 per share and $6.7 billion a year ago. The New York-based company has seen net income rise in three straight quarters, as well as four-straight revenue increases. The consensus forecast for Visa V, which also reached a multiyear high on Friday, calls for EPS that are 18.0% higher year over year to $1.50. And fiscal second-quarter revenues are anticipated to have grown 10.4% to $2.5 billion. Analysts regularly underestimate Visa's EPS -- by four cents per share in the first quarter. Analysts are looking for earnings growth from Allstate ALL, Devon Energy DVN, IAC/InterActiveCorp IACI, IntercontinentalExchange ICE, Pioneer Natural Resources PXD, Prudential Financial PRU and Whole Foods Market WFM as well. EPS from Marathon Oil MRO and Clorox CLX are forecast to be about the same as a year ago, but Hartford Financial Services HIG is expected to post an earnings decline. And analysts are looking for net losses from Martha Stewart Living Omnimedia MSO and Sunoco SUN. Thursday From American International Group AIG, analysts anticipate per-share earnings that are 17.7% per share lower than a year ago to $1.07. But that is up from the $0.85 per share estimate 60 days ago. And analysts expect first-quarter revenues to be 2.1% higher to $8.8 billion. AIG is also trading near its 52-week high. First-quarter earnings from General Motors GM are anticipated to come to $0.85 per share, which is a dime lower than a year ago. But that EPS estimate has risen by four cents over the past 60 days. The Detroit-based automaker's revenue is predicted to total $37.5 billion, or 3.7% higher than in the same quarter a year ago. Back in the fourth quarter, GM missed EPS estimates by two cents per share, ending a four-quarter streak of earnings beats. The consensus forecast for Kraft Foods KFT has EPS coming to $0.56 on $13.0 billion in sales. That would be up from $0.52 per share and $12.6 billion in the same quarter of last year. The Oreo-maker, which also reached a 52-week high on Friday, has not fallen short of analysts' earnings estimates in the past four quarters. Look for Cardinal Health CAH and Viacom VIAB to post earnings growth on Thursday as well. Sara Lee's SLE EPS are forecast to be essentially flat year-over-year. Friday Washington Post's WPO first-quarter profit is expected to come to $2.99 per share, or 23.9% lower year over year. Revenue is anticipated to have fallen 6.6% to $993.3 million. Note that the media and education company posted better-than-expected EPS in the past three quarters. Aon AON is expect to post earnings growth as well Friday, but earnings declines are forecast for Duke Energy DUK and Estee Lauder EL.
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