Earnings Preview for Dec 29 – Jan 2 – Earnings Preview
Source: http://www.zacks.com/commentary/9587/Earnings+Preview+for+Dec+29+-+Jan+2+-+Earnings+PreviewPosted on Thursday, December 25th, 2008 | In Stocks to Watch
The NYSE and the Nasdaq will close at 4 p.m. on both Dec 31 and Jan 2.
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Only 3 companies are scheduled to report earnings: Cal-Maine Foods, Inc. (CALM), OnStream Media Corporation (ONSM) and Rick’s Cabaret International, Inc. (RICK). All of them will report on Monday, Dec 29.
A sign of the times, 1 brokerage analyst recently cut his fiscal fourth-quarter estimates, and fiscal 2009 earnings estimates, on RICK. The consensus earnings estimate calls for the operator of gentleman’s clubs to have earned just 23 cents last quarter, 2 cents below the average forecast of a month ago.
Weekly crude inventories and initial jobless claims will be released on Wednesday, Dec 31. No other economic data is scheduled for release.
Expect volume to be below average throughout the week.
Have a happy New Year.
Charles Rotblut, CFA is the senior market analyst for Zacks.com. He can be reached at crotblut@zacks.com.
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Earnings Calendar
Here is a list of companies that we have confirmed will report during the week of Dec 29 – Jan 21. Prices are as of Wednesday’s, Dec 24, market close.
| Company | Ticker | Zacks Consensus Estimate | Year Ago Actual | Last Qtr Surprise | Report Date | Report Time | Price |
| Cal-Maine Foods | CALM | $1.26 | $1.69 | N/A | 12/29/2008 | BTO | $29.74 |
| Onstream Media | ONSM | ($0.03) | ($0.04) | (33.3%) | 12/29/2008 | AMC | $0.26 |
| Ricks Cabaret | RICK | $0.23 | $0.19 | -32.26% | 12/29/2008 | AMC | $4.93 |
BMO = Before The Market Open, AMC = After Market Close
1Some of the companies listed in the earnings calendar may not be in the Zacks Rank universe.
“ONSM” Free Stock Analysis: Buy? Sell? Hold?
“RICK” Free Stock Analysis: Buy? Sell? Hold?
“CALM” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by Charles Rotblut
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 About Charles Rotblut (http://www.zacks.com/)
Charles Rotblut is the Vice President of Web Content for Zacks Investment Research and the Senior Market Analyst for Zacks.com. He oversees the editorial staff, manages the market-beating Focus List, Timely Buys and Top 10 portfolios, and plays an instrumental role in the development of new products. In addition, Mr. Rotblut is spearheading the development of investment education products, including the recently released Zacks Method for Trading. Mr. Rotblut is a Chartered Financial Analyst (CFA). He has analyzed publicly traded and privately held companies. His experience includes working for INVESTools (an investment education company), Curian Capital (a money management firm) and McClure, Schumacher & Associates (a business valuation firm). Mr. Rotblut holds a journalism degree from the University of Kansas. |
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