Reuters - Video

Edition: US | UK | IN | CN | JP

Finance Videos

StarMine: U.S. earnings season to start with a whimper

Thursday, April 05, 2012 - 01:55

April 5 - Find out which two key S&P 500 players will disappoint at the start of the earnings season, according to exclusive StarMine data.

▲ Hide Transcript

View Transcript

If we started first quarter earnings season and already there is a sense of Lynn Thomson Reuters analyst Ron martz is here to explain why. And I know you've been combing through all of ours was the start mine data are we didn't have any -- I'll -- companies of the S&P 500 are expected to report the week starting April ninth uncle as the first one of the gate we're gonna -- Google and JPMorgan. But none of these are expect to post any positive surprises so does that that the tone for earnings season after the growth -- S&P 500 is about 3%. And the majority of the strength it's coming from apple and this is the weakest growth rate we've seen since the third quarter of 2009. To blame is the slower growth and and emerging market heads and you're up. -- favorable exchange rates higher energy costs. And what's Smart is that companies won't be able to cut -- cost to lift up the bottom line -- that doesn't sound so good does that mean we might see some essence yes the biggest misses coming from all co they're expected to miss by a penny so we'll see a lot. A sixth sense is that a five and a highly rated analyst does believe that the EPS could be just as low as a loss. A twelve cents uncle as currently hurting because of weak aluminum prices and slower growth. They also have the weakness. Price momentum amongst its peers. But on the bright side the stock is underpriced and should be about five dollars more I expect the investment opportunity there any others. Yes Supervalu they've been experiencing weak traffic and their four reports same store sales. There also expected to miss by a penny so looking EPS of 34 cents a that a 35. According to -- highly rated analysts the EPS could be -- weakest in six cents. On the flip side the stock is also under prize and should be treating three times higher and where it is today after -- nice talking cute things. -- -- up there this is writers.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

StarMine: U.S. earnings season to start with a whimper

Thursday, April 05, 2012 - 01:55