However, this is earnings season, so there are plenty of companies
reporting next week. Unfortunately, it's not just the seven stocks that
I singled out that are going the wrong way on the bottom line next week.
Here are seven more market bellwethers that are forecast to post lower earnings than they did a year ago:
|
Company
|
Latest Quarter EPS (Estimated)
|
Year-Ago Quarter EPS
|
|
Repsol YPF (NYSE: REP)
|
$0.41
|
$0.82
|
|
Agilent (NYSE: A)
|
$0.24
|
$0.62
|
|
J.C. Penney (NYSE: JCP)
|
$0.11
|
$0.55
|
|
Urban Outfitters (Nasdaq: URBN)
|
$0.34
|
$0.35
|
|
Trex (NYSE: TWP)
|
$0.15
|
$0.44
|
|
Cinemark (NYSE: CNK)
|
$0.16
|
$0.19
|
|
Teekay (NYSE: TK)
|
($0.71)
|
$1.29
|
Source: Yahoo! Finance.
These are some pretty heavy hitters targeted to take a step back
next week. Shoppers apparently aren't flocking back to J.C. Penney and
Urban Outfitters just yet. Cinemark is stumbling, even though business
appears to be hopping at the local multiplex. Financing is tight, but
if the economy were turning the corner, one would expect more people to
be hitting up Trex to build new patio decks.
There is bound to be plenty of good news, too, but keep an eye on
these market-moving stocks. Along with the other stocks I'm worrying
about, there are way too many opportunities for heartbreak next week.
© 2009 UCLICK, L.L.C.
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