Posts Tagged ‘third’

Amazon.com is poised to report another quarter of stellar growth despite the difficult retail environment.

For the first time in several quarters, we expect to see eBay post y/y revenue growth.

We anticipated another quarter of ugly y/y sales declines, but better than expected earnings results largely driven by cost-cutting initiatives.

There is increasing evidence that the online advertising market is beginning to recover which should help lift Yahoo’s third quarter performance.

While Bank of America’s stock has experienced a furious rally since dropping below $3 in March, the stock hasn’t move much at all over the last two months as investors wait to see further signs of improvement.

After easily exceeding Wall Street’s consensus estimates the last two quarters, we expect Citigroup to only marginally exceed the Street’s expectations this quarter.

Business is picking up nicely for Intel and this will likely be the last quarter they will have to report y/y sales declines.

The continued recovery in aluminum prices should help Alcoa deliver stronger than expected results to kick off the third quarter earnings season.

We agree with the consensus opinion that last quarter was likely the low point for Ciena. However, our third quarter expectations are slightly above the Street’s consensus as we believe improving customer demand will lead to a sequential improvement over last quarter’s results.

Investors have flocked to ADC Telecom in 2009 as the stock is a great play on both the mobile internet revolution as well as a recovery in China.