Posts Tagged ‘earnings preview’

Citigroup’s large exposure to the consumer credit markets (in particular their mortgage and credit card businesses) will likely lead to further losses in the foreseeable future.

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.

We believe that Expedia continues to face a myriad of challenges including the current economic recession, a highly competitive environment and declining consumer spending.

Wall Street has reduced their expectations for 2009 in the wake of lower oil prices, but we feel that they may still be too optimistic.

Higher gold prices and cost structure improvements could lead to a modest quarterly earnings beat for Barrick Gold.

We expect that P&G has set the guidance bar low enough that they should be able to exceed expectations despite the tough economic headwinds.

Although the company is notoriously unhelpful in providing performance guidance, we expect that Exxon Mobil’s conservative business approach will allow it to deliver better than expected first quarter results.

Based on our analysis, we are expecting EHTH to report better than expected results that exceed Wall Street’s consensus expectations.

We believe that the cost cutting measures that Pfizer has undertaken could produce better than expected first quarter earnings.

While some customers are clearly scaling back on their advertising spend due to the current economic environment, we still expect the company to post over 40% annual growth.