While we expect that Pep Boys has benefitted from GM and Chrysler closing hundreds of dealerships across the country, their stock price appears to have risen too high too fast.
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.
The decline in consumer spending has significantly impacted their theme park segment, while a weak advertising environment has impacted their media segment.
We are anticipating another disappointing quarter from Boeing as the global economic recession continues to impact the company’s commercial aircraft segment.
Based on our analysis, we at EarningsPreviews.com are expecting FDX to report disappointing results that fail to meet Wall Street’s consensus expectations.
We are anticipating further deceleration in Garmin’s top line sales, but believe there is a possibility for an earnings beat on better than anticipated costing cutting.
