Zacks Earnings Preview: Mastercard, Napster, TECO Energy and The Walt Disney Company.CHICAGO -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Mastercard (NYSE NYSE See: New York Stock Exchange : MA), Napster (Nasdaq: NAPS NAPS Network Access Points NAPS National Association of Personnel Services NAPS Not A Pretty Sight NAPS Naval Academy Preparatory School NAPS North American Precis Syndicate NAPS North American Power Symposium NAPS New Abstracts and Papers in Sleep ), TECO Energy TECO Energy, Inc. (NYSE: TE) is an S&P 500 electrical power company located in Tampa, Florida. "TECO" is short for "Tampa Electric Co." Environmental record (NYSE: TE) and The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Company (NYSE: DIS (Data Instrumentation Systems) See DST. Dis god of nether world; identified with Pluto. [Rom. Myth.: Leach, 315] See : Underworld ). To see more earnings analysis, visit http://at.zacks.com/?id=3207. Earnings Preview is written by Charles Rotblut, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , Senior Market Analyst for Zacks.com. More than 470 companies are confirmed to report earnings this week. About 60 belong to the S&P 500. Economic releases will be limited to the ISM's services index (Monday), December consumer credit (Wednesday) and weekly initial jobless claims Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. This report tracks how many people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. (Thursday). Companies That Could Surprise During the Week of Feb 5 - 9 Mastercard (NYSE: MA) has a limited history as a publicly-traded company, but has topped expectations the two times it has reported. Ahead of the company's fourth-quarter report, one brokerage analyst is expecting another positive surprise: the Most Recent Consensus calls for profits of 20 cents. The consensus estimate is more conservative at 14 cents. Mastercard will report on Friday, Feb 9, before the start of trading. Napster (Nasdaq: NAPS) recently raised its fiscal third-quarter revenue estimate to "more than $28 million" citing the addition of 48,000 subscribers and the positive impact of Napster Japan. The company had previously guided for revenues to exceed $27 million. Brokerage analysts still expect NAPS to post losses into fiscal 2008, but the magnitude of the expected losses is falling. The consensus estimate calls for the company to have generated a loss of 30 cents in its fiscal-third quarter, a one-cent improvement over the forecast of a month ago. The Most Recent Consensus is more bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish in calling for a loss of 28 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . NAPS has topped earnings estimates for seven consecutive quarters. Napster will report on Thursday, Feb 8, after the close of trading. The Most Recent Consensus estimate on TECO Energy (NYSE: TE) calls for the company to have earned 25 cents per share during its fourth quarter. This average of the brokerage estimates made within the last 30 days is notable because it is six cents higher then the current consensus estimate of 19 cents, which is the average all brokerage estimates made within the last 120 days. TE has topped forecasts for five consecutive quarters. Investors should note, however, that the average magnitude of surprises has been 3.5 cents, however. TECO Energy will report on Tuesday, Feb 6, before the start of trading. The Walt Disney Company (NYSE: DIS) has delivered 14 positive earnings surprises in a row. Three brokerage analysts have raised their fourth-quarter profit forecasts within the past 30 days, suggesting the mouse could have more magic left. The current consensus estimate calls for profits of 39 cents, two cents above the forecast of a month ago, and the Most Recent Consensus calls for profits of 41 cents per share. Disney will report on Wednesday, Feb 7, after the close of trading. Want to turn earnings surprises into quick profits? Learn how by visiting http://at.zacks.com/?id=3206. (a)The Zacks Rank is assigned to companies with earnings estimates made available by brokerage analysts. The Zacks' database contains earnings estimates for approximately 4400 companies. About the Zacks Rank Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of +31.8%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 143.6% annually (+4.8% vs. +11.8%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively. Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform Outperform An analyst recommendation meaning a stock is expected to do slightly better than the market return. Notes: Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy. the market. Subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; this free newsletter today by visiting http://at.zacks.com/?id=107. About Zacks Zacks.com is a property of Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. , Inc., which was formed in 1978 by Leonard Zacks. 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The S&P 500 includes the reinvestment of all dividends, no transaction costs Transaction Costs Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it). , and represents the gross returns before management fees. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual to buy or sell any security. |
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