Earnings Roundup: 8 Super Hot Stocks to Analyze After Earnings

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Top Dow (NYSE:DIA) and S&P 500 (NYSE:SPY) stocks announced earnings this week. Here’s your Cheat Sheet to their announcements and business outlooks:

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JPMorgan Chase & Co. (NYSE:JPM) reported its results for the third quarter. Net income for JPMorgan Chase & Co. fell to $4.3 billion ($1.02 per share) vs. $4.42 billion ($1.01 per share) a year earlier. This is a decline of 2.7% from the year earlier quarter. Revenue was $24.4 billion last quarter. JPM beat the mean analyst estimate of 93 cents per share. It beat the average revenue estimate of $23.73 billion.

Jamie Dimon, Chairman and Chief Executive Officer, commented: “The Firm reported third-quarter net income of $4.3 billion, representing a 13% return on tangible common equity1. It is notable that these results included several significant items(*), including a $542 million pretax loss in Private Equity, $1.0 billion pretax of additional litigation expense in Corporate and a $1.9billion pretax DVA gain. The DVA gain reflects an adjustment for the widening of the Firm’s credit spreads which could reverse in future periods and does not relate to the underlying operations of the company. All things considered, we believe the Firm’s returns were reasonable given the current environment.”

Competitors to Watch: Bank of America Corp. (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), Citigroup Inc. (NYSE:C), Goldman Sachs Group, Inc. (NYSE:GS), Deutsche Bank AG (NYSE:DB), Morgan Stanley (NYSE:MS), U.S. Bancorp (NYSE:USB), SunTrust Banks, Inc. (NYSE:STI), UBS AG (NYSE:UBS), and KeyCorp (NYSE:KEY).

Investor Insight: JPM Earnings Are This Ugly Without Accounting Tricks.

Safeway Inc. (NYSE:SWY) reported net income above Wall Street’s expectations for the third quarter. Net income for Safeway Inc. rose to $130.2 million (38 cents per share) vs. $122.8 million (33 cents per share) in the same quarter a year earlier. This marks a rise of 6% from the year earlier quarter. Revenue rose 7.1% to $10.06 billion from the year earlier quarter.SWY beat the mean analyst estimate of 35 cents per share. It beat the average revenue estimate of $9.84 billion.

“Our sales momentum continued to build in the third quarter, and our costs were well controlled,” said Steve Burd, Chairman, President and CEO. “At the same time, we continued to innovate throughout the business to meet our customers’ needs and build their loyalty. Our just for U digital marketing platform and our proprietary Open Nature line of 100% natural foods are good examples of these efforts.”

Competitors to Watch: The Kroger Co. (NYSE:KR), Whole Foods Market, Inc. (NASDAQ:WFM), SUPERVALU INC. (NYSE:SVU), Winn-Dixie Stores, Inc. (NASDAQ:WINN), The Fresh Market Inc (NASDAQ:TFM), Arden Group, Inc. (NASDAQ:ARDNA), The Great Atlantic & Pacific Tea Co. (GAPTQ), Ingles Markets, Inc. (NASDAQ:IMKTA), Ruddick Corporation (NYSE:RDK), and Weis Markets, Inc. (NYSE:WMK).

Google Inc. (NASDAQ:GOOG) reported net income above Wall Street’s expectations for the third quarter. Net income for Google Inc. rose to $2.73 billion ($8.33 per share) vs. $2.17 billion ($6.72 per share) in the same quarter a year earlier. This marks a rise of 25.9% from the year earlier quarter. Revenue rose 33.4% to $9.72 billion from the year earlier quarter. GOOGreported adjusted net income of $9.72 per share. By that measure, the company beat the mean estimate of $7.59 per share. It beat the average revenue estimate of $7.19 billion.

“We had a great quarter,” said Larry Page, CEO of Google. “Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion. Google+ is now open to everyone and we just passed the 40 million user mark. People are flocking into Google+ at an incredible rate and we are just getting started!”

Competitors to Watch: Microsoft Corporation (NASDAQ:MSFT), Yahoo! Inc. (NASDAQ:YHOO), Baidu.com, Inc. (NASDAQ:BIDU), Apple Inc. (NASDAQ:AAPL), AOL, Inc. (NYSE:AOL), Amazon.com, Inc. (NASDAQ:AMZN), Adobe Systems Incorporated (NASDAQ:ADBE), Demand Media Inc (NYSE:DMD), IAC/InterActiveCorp (NASDAQ:IACI), and Answers Corporation (NASDAQ:ANSW).

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Fairchild Semiconductor Corporation (NYSE:FCS) reported its results for the third quarter. Net income for the semiconductor company remained steady at $35.8 million (28 cents per diluted share) from the same quarter a year ago. Revenue fell 2.7% to $403.2 million from the year earlier quarter. FCS reported adjusted net income of 34 cents per share. By that measure, the company beat the mean estimate of 32 cents per share. Analysts were expecting revenue of $404.2 million.

“We delivered double-digit sales growth for our mobile analog products during the quarter,” said Mark Thompson, Fairchild’s president and CEO. “MCCC sales were flat from the prior quarter which reflects this increase in mobile demand offset by weaker sales into the computing and consumer end markets. PCIA sales were down 10 percent sequentially due to customers in the consumer, appliance and solar sectors reducing inventories in addition to the normal seasonal weakness for industrial and automotive markets in the second half.”

Competitors to Watch: ON Semiconductor Corp. (NASDAQ:ONNN), National Semicond. Corp. (NYSE:NSM), Texas Instruments Inc. (NYSE:TXN), Intersil Corporation (NASDAQ:ISIL), Diodes Incorporated (NASDAQ:DIOD), Intel Corp (NASDAQ:INTC), STMicroelectronics N.V. (NYSE:STM), Infineon Tech. AG (IFNNY), Microsemi Corporation (NASDAQ:MSCC), Maxim Integrated Products Inc. (NASDAQ:MXIM), and Analog Devices, Inc. (NYSE:ADI).

Alcoa Inc. (NYSE:AA) reported higher profit for the third quarter as revenue showed growth. Net income for the aluminum company rose to $172 million (15 cents per share) vs. $61 million (6 cents per share) in the same quarter a year earlier. This is a more than twofold rise from the year earlier quarter. Revenue rose 21.4% to $6.42 billion from the year earlier quarter.

“Aluminum prices fell in the third quarter, but most markets continued to grow,” said Alcoa Chairman and CEO Klaus Kleinfeld. “With the exception of Europe, we saw growth in our end markets, though at a slower rate than in the first half, as confidence in the global recovery faded.”

Competitors to Watch: Aluminum Corp. of China Ltd. (NYSE:ACH),  Kaiser Aluminum Corp. (NASDAQ:KALU), Alumina Limited (NYSE:AWC), Noranda Aluminum Holding Corp. (NYSE:NOR), Century Aluminum Company (NASDAQ:CENX), AK Steel Holding Corp. (NYSE:AKS), Nucor Corporation (NYSE:NUE), United States Steel Corp. (NYSE:X), Arcelor Mittal (NYSE:MT) and POSCO (NYSE:PKX).

PepsiCo Inc. (NYSE:PEP) reported its results for the third quarter. Net income for PepsiCo Inc. rose to $2 billion ($1.25 per share) vs. $1.92 billion ($1.19 per share) in the same quarter a year earlier. This marks a rise of 4.1% from the year earlier quarter. Revenue rose 13.3% to $17.58 billion from the year earlier quarter.

“We’re focused on growing our business by providing consumers around the globe with great tasting products they love at a good value, and we believe this quarter’s performance is a good indication that our efforts are working,” said PepsiCo Chairman and CEO Indra Nooyi. “We had strong revenue growth across our product portfolio and across our key geographic markets. We were able to achieve pricing to partially offset commodity cost inflation and at the same time stimulate consumer demand for our products.”

Competitors to Watch: The Coca-Cola Company (NYSE:KO), Dr Pepper Snapple Group Inc. (NYSE:DPS), Coca-Cola Enterprises Inc. (NYSE:CCE), Hansen Natural Corporation (NASDAQ:HANS), Reed’s, Inc. (NASDAQ:REED), Cott Corporation (NYSE:COT), National Beverage Corp. (NASDAQ:FIZZ), Jones Soda Co. (NYSE:USA) (NASDAQ:JSDA), Celsius Holdings, Inc. (NASDAQ:CELH), and Fomento Economico Mexicano SAB (NYSE:FMX).

Progressive Corporation (NYSE:PGR) reported its results for the second quarter. Net income for the property and casualty insurance company fell to $150.7 million (24 cents per share) vs. $261.6 million (40 cents per share) a year earlier. This is a decline of 42% from the year earlier quarter.

Competitors to Watch: Safety Insurance Group, Inc. (NASDAQ:SAFT), The Allstate Corporation (NYSE:ALL), First Acceptance Corp. (NYSE:FAC), 21st Century Holding Co. (NASDAQ:TCHC), Tower Group, Inc. (NASDAQ:TWGP), Mercury General Corp. (NYSE:MCY), White Mountains Insurance Group, Ltd. (NYSE:WTM), Horace Mann Educators Corp. (NYSE:HMN), Infinity Property and Casualty Corp. (NASDAQ:IPCC), and Gainsco, Inc. (AMEX:GAN).

ADTRAN, Inc. (NASDAQ:ADTN) reported its results for the third quarter. Net income for ADTRAN, Inc. rose to $36.2 million (56 cents per share) vs. $32.1 million (50 cents per share) in the same quarter a year earlier. This marks a rise of 12.9% from the year earlier quarter. Revenue rose 17.9% to $192.2 million from the year earlier quarter.

ADTRAN Chief Executive Officer Tom Stanton stated, “Our Company’s strong performance in the quarter included record revenue performances by our three main product areas, Broadband Access, Internetworking and Optical Access. Our Broadband Access category grew a stellar 93% over the third quarter of 2010. Our Internetworking category also showed a strong performance by growing 44%, and our Optical Access category grew 20%. These results allowed the company to achieve its sixth consecutive all-time record revenue quarter. With nearly 80% of our revenues coming from these high growth areas, we feel the Company is well positioned for the future.”

Competitors to Watch: Calix, Inc. (NYSE:CALX), Cisco Systems, Inc. (NASDAQ:CSCO), Tellabs, Inc. (NASDAQ:TLAB), Alcatel-Lucent (NYSE:ALU), Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), Sycamore Networks, Inc. (NASDAQ:SCMR), Juniper Networks, Inc. (NYSE:JNPR), Ciena Corporation (NASDAQ:CIEN), Extreme Networks, Inc (NASDAQ:EXTR), and Westell Technologies Inc. (NASDAQ:WSTL).

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