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Earnings Preview for Oct 5 – 9 – Earnings Preview
Charles Rotblut (October 2nd, 2009) Writes:
Third-quarter earnings season officially starts on Wednesday afternoon with Alcoa's (AA) report. The aluminum maker is expected to announce revenues of $4.5 billion and a loss of 11 cents per share. The results will look awful compared to last year because the commodity bubble peaked in Q308.
Joining AA will be 6 other S&P 500 members: Costco (COST), Family Dollar (FDO), Marriott (MAR), Monsanto (MON), Pepsi Bottling (PBG), PepsiCo (PEP) and Yum! Brands (YUM). We have confirmed scheduled reports from a total of 24 companies.
Economic data will largely take a backseat to the earnings news. There is comparatively little on the calendar, with the most newsworthy release being the September ISM services index. The weekly energy and mortgage applications reports could still influence trading, however.
Monday: September ISM services survey Wednesday: August consumer credit, September treasury budget, weekly crude inventories, weekly mortgage
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brokerage analyst, cent;, Chairman, costco, Denver, Department of the Treasury, Donald L. Kohn, Dow 30, Family Dollar, Federal Reserve System, Investing Lessons, Kansas City Federal Reserve Bank, Marriott, Monsanto, Natural Gas, Oklahoma City, Pepsi Bottling, PepsiCo, president, Sp 500, Stocks to Watch, Thomas Hoenig;, USD, Vice Chairman, weekly energy, weekly mortgage applications, Yum Brands, Zacks Market Commentaries
brokerage analyst, cent;, Chairman, costco, Denver, Department of the Treasury, Donald L. Kohn, Dow 30, Family Dollar, Federal Reserve System, Investing Lessons, Kansas City Federal Reserve Bank, Marriott, Monsanto, Natural Gas, Oklahoma City, Pepsi Bottling, PepsiCo, president, Sp 500, Stocks to Watch, Thomas Hoenig;, USD, Vice Chairman, weekly energy, weekly mortgage applications, Yum Brands, Zacks Market Commentaries
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