Archive for July, 2009

Wall Street’s expectations for Blue Nile went up considerably after last quarter’s better than expected earnings results. However, our checks show that while traffic is up slightly from last quarter, it continues to show weak y/y comparisons.

Looking ahead to fiscal 2010, we feel that Wall Street’s earnings estimates are too conservative.

We are looking for Procter & Gamble to continue to trend among Dow stocks of delivering better than expected results this quarter.

Kraft should post better than expected second quarter results despite continued market share losses.

We are expecting solid second quarter results out of Chevron driven primarily by significantly higher oil prices in the quarter.

The decline in consumer spending has significantly impacted their theme park segment, while a weak advertising environment has impacted their media segment.

New Dow component Travelers has continued to gain market share despite the current economic recession.

The rising price of oil along with better than expected quarterly results out of Occidental Petroleum and Noble Corp all point to a stronger than expected quarter for Exxon.

The second quarter earnings season has started out with the first twelve Dow stocks all reporting better than expected earnings results. We expect that Verizon will also follow that pattern and beat analyst expectations.

So now all eyes are focused on the twelve Dow stocks that report earnings this week. Should we expect more strong results or are these stocks going to deliver earnings misses that will sink the market? Here are exclusive earnings previews of these Dow stocks second quarter results: