Zacks Earnings Preview: Adobe Systems, Best Buy, FedEx, Kroger, and Oracle – Press Releases
Charles Rotblut (September 14th, 2009) Writes:
For Immediate Release
Chicago, IL – August 31, 2009 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Adobe Systems (ADBE), Best Buy (BBY), and FedEx (FDX). To see more earnings analysis, visit http://at.zacks.com/?id=3207.
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This Week's Events
This week brings the initial batch of third-quarter results. Seven early reporters from the S&P 500 - all of whom have quarters ending in August - will report: Adobe Systems (ADBE), Best Buy (BBY), Discover Financial Services (DFS), FedEx (FDX), Kroger (KR), Oracle (ORCL) and Pall (PLL). In total, we will see results from 20 companies.So how will the third-quarter look? The Zacks Consensus Estimate calls for S&P 500 earnings of $13.50 per share, a 15.4%
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