After disappointing Wall Street the last three quarters, we are now expecting Alcoa to post a second quarter loss that will be slightly better than the current consensus estimates.
The Red Lobster and Olive Garden brands continue to remain popular with casual diners despite lower-cost alternatives that are often available to consumers.
Based on our analysis, we at EarningsPreviews.com are expecting FDX to report disappointing results that fail to meet Wall Street’s consensus expectations.
While analysts estimates have been creeping up as we see more evidence of improvements in the economy, we still believe there is an opportunity for Best Buy to deliver a strong beat this quarter.
While economic conditions have not improved significantly over the last three months, we believe that the rate of decline will moderate from last quarter’s 23% y/y decline in revenues.
