2 Financial Stocks Actively Trading Ahead of Earnings Reports

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

Ameriprise Financial, Inc. (NYSE:AMP) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for net income of $1.36 per share, a rise of 12.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.38. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.36 during the last month. Analysts are projecting profit to rise by 13% versus last year to $5.05.

The company is looking to top analyst estimates this quarter after trailing for the two previous quarters. Last quarter, it missed estimates by reporting profit of $1.04 per share against an estimate of net income of $1.22 per share. The quarter before that, it missed expectations by 2 cents. On average, analysts predict $2.53 billion in revenue this quarter, a decline of 3.8% from the year ago quarter. Analysts are forecasting total revenue of $10.2 billion for the year, a rise of 6.5% from last year’s revenue of $9.58 billion.

Competitors to Watch: Financial Engines Inc (NASDAQ:FNGN), Oppenheimer Hldgs. Inc. (NYSE:OPY), Raymond James Financial, Inc. (NYSE:RJF), LPL Investment Hldgs. Inc. (NASDAQ:LPLA), Principal Financial Group, Inc. (NYSE:PFG), Stifel Financial Corp. (NYSE:SF), Prudential Financial, Inc. (NYSE:PRU), MetLife, Inc. (NYSE:MET), Bank of America Corp. (NYSE:BAC), and TD Ameritrade Holding Corp. (NASDAQ:AMTD).

Franklin Resources, Inc. (NYSE:BEN) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for net income of $2.10 per share, a decline of 5.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $2.05. Between one and three months ago, the average estimate moved up. It has dropped from $2.16 during the last month. For the year, analysts are projecting profit of $8.55 per share, a decline of 0.8% from last year.

Last quarter, the company missed estimates by 11 cents, coming in at net income of $1.88 per share versus a mean estimate of profit of $1.99 per share. In the third quarter of the last fiscal year, the company beat estimates by 10 cents. Analysts are projecting no change in revenue from the year-earlier quarter to $1.7 billion.

Competitors to Watch: Federated Investors, Inc. (NYSE:FII), Cohen & Steers, Inc. (NYSE:CNS), Calamos Asset Management, Inc (NASDAQ:CLMS), U.S. Global Investors, Inc. (NASDAQ:GROW), Waddell & Reed Financial, Inc. (NYSE:WDR), T. Rowe Price Group, Inc. (NASDAQ:TROW), Janus Capital Group Inc. (NYSE:JNS), Virtus Investment Partners, Inc. (NASDAQ:VRTS), BlackRock, Inc. (NYSE:BLK), and Ameriprise Financial, Inc. (NYSE:AMP).

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: