Earnings Expectations For The Week Of May 5: Disney, Pfizer, Tesla And More

Highlights on the earnings front this week include scheduled quarterly reports from Disney, Keurig Green Mountain, Pfizer and Whole Foods Market, which are expected to post year-over-year earnings gains.

Analysts expect Tesla Motors to say its earnings declined, and for Groupon and SolarCity to offer up net losses for the most recent quarter.

Here is a brief look at what analysts expect from these and some of the week's other most prominent earnings results.

See also: Benzinga Weekly Preview: Earnings Season Continues, Albeit A Tad Slower

Disney

Analysts expect this entertainment giant to post earnings of $0.95 per share for its most recent fiscal quarter. That would be up from $0.79 a year ago. And Walt Disney DIS revenues for the second quarter are estimated to total $11.23 billion, which would be up from $10.55 billion a year ago.

Note that earnings per share (EPS) exceeded consensus estimates in the previous quarter by 13 percent. And the consensus EPS estimate has remained unchanged over the past 60 days. So far EPS and revenues for the current quarter are expected to be higher sequentially and year over year. Disney is scheduled to share its results Tuesday after the markets close.

Groupon

The forecast for online local marketplace provider Groupon GRPN calls for a net loss of $0.03 per share and for revenue to total $738.40 million for its first quarter. In the year-ago period, it posted a profit of $0.03 per share and sales came to $601.40 million. Note that it topped EPS estimates by a penny or two in the previous two quarters.

So far, the consensus expectations have Groupon swinging back to a profit in the current quarter, and for full-year EPS to be the same as a year ago. Revenues are predicted to be more than 22 percent higher in both the current quarter and the full year. The company is scheduled to share its results Tuesday after the closing bell.

Keurig Green Mountain

Coffee and coffee maker company Keurig Green Mountain GMCR is forecast to report earnings of $0.95 per share in Wednesday afternoon's report. That would be up from the $0.93 per share in the year-ago period. Note that analysts underestimated its per-share earnings in the previous four quarters.

The company also is expected to say that revenues came to $1.05 billion in the fiscal second quarter, which would be a gain of more than four percent relative to a year ago. So far, revenue for the current quarter is expected to be flat sequentially but more than eight percent higher year over year.

Pfizer

In its report early Monday, the maker of ChapStick and Viagra is expected to say that EPS rose from $0.51 in the year-ago quarter to $0.55 for the three months that ended in March. Per-share earnings exceeded consensus expectations by more than seven percent in the previous period.

However, Pfizer's PFE revenues for the first quarter are predicted to have fallen more than 10 percent to $12.09 billion. And thus far revenue for the current quarter and full year are expected to have retreated more than three percent in each period.

SolarCity

The first-quarter forecast for maker of solar energy systems and products SolarCity SCTY calls for a net loss of $0.74 per share, on $53.39 million in revenue, in Wednesday's report. That would compare to a net loss of $0.37 and revenue of $29.99 million in the same period of the previous year.

Note that 60 days ago the consensus estimate called for a net loss of only $0.50 per share. But the company has posted smaller-than-expected net losses in the past two quarters. Despite expected strong revenue growth, analysts also see deeper net losses for the current quarter and the full year.

See also: Doug Kass On Bubbles, Forecasting, Social Media And More

Tesla

When it shares its results late Wednesday, the maker of luxury electric vehicles is expected to say its profit for the first quarter slipped by two cents per share from a year ago to $0.10. And that consensus estimate is down in the past 60 days from $0.13 a share.

However, the forecast calls for quarterly revenues from Tesla Motors TSLA of $699.10 million, which would be up more than 24 percent year on year. Analysts thus far are looking for a more than 48 percent gain in revenue for the current quarter, as well as more than 47 percent higher than a year ago for the full year.

Whole Foods

Analysts expect this Austin, Texas-based supermarket operator to post earnings of $0.41 per share for its most recent quarter. That would be up from $0.38 a year ago. And revenues for the quarter are estimated to total $3.34 billion, which would be more than 10 percent higher year over year.

Note that earnings per share fell short of consensus estimates in the previous quarter by two cents, ending a streak of at least three quarters of beats. So far EPS and sales for the current quarter are expected to be higher sequentially and year over year. Whole Foods WFM steps into the earnings spotlight Tuesday after the closing bell.

And Others

Analysts also foresee earnings growth this week from Allergan, Anadarko Petroleum, AOL, CBS, Devon Energy, DirecTV, Duke Energy, EOG Resources, Frontier Communications, Marathon Oil, NVIDIA, Occidental Petroleum, Office Depot, Ralph Lauren, Siemens, Tyson Foods and Wendy's.

Avis Budget Group, Mondelez International and Pepco Holdings will post EPS the same as a year ago, if the analysts are correct.

Activision Blizzard, AIG, Anheuser-Busch, Barclays, Dish Network, Electronic Arts, First Solar, Mosaic, Silver Wheaton, Toyota, Twenty-First Century Fox and Windstream Holdings are expected to show a year-over-year decline in their per-share earnings.

The forecasts call for net losses from Alcatel-Lucent, FireEye and Dendreon in their reports this week.

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