3 Stocks Generating Trader Interest Ahead of Earnings

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Diamond Foods, Inc. (NASDAQ:DMND) has not yet released its earnings date. The average estimate of analysts is for net income of 72 cents per share, a rise of 10.8% 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 79 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 73 cents during the last month. Analysts are projecting profit to rise by 12.3% versus last year to $2.93.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting profit of 52 cents per share against a mean estimate of net income of 44 cents per share. Analysts are projecting a rise of 9% in revenue from the year-earlier quarter to $275.3 million.

Competitors to Watch: Kraft Foods Inc. (NYSE:KFT), General Mills (NYSE:GIS), Pepsico Inc (NYSE:PEP), Kellogg Company (NYSE:K), Ralcorp Holdings Inc. (NYSE:RAH), The Procter & Gamble Co. (NYSE:PG), Inventure Foods, Inc. (NASDAQ:SNAK), The Hershey Company (NYSE:HSY).

SAIC, Inc. (NYSE:SAI) will unveil its latest earnings on Tuesday, December 6, 2011. The average estimate of analysts is for profit of 34 cents per share, a decline of 17.1% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $1.36 per share, a decline of 9.9% from last year.

Last quarter, the company missed estimates by 3 cents, coming in at profit of 32 cents per share versus a mean estimate of net income of 35 cents per share. In the first quarter, the company beat estimates by 3 cents. On average, analysts predict $2.75 billion in revenue this quarter, a decline of 4.2% from the year ago quarter. Analysts are forecasting total revenue of $10.73 billion for the year, a decline of 3.5% from last year’s revenue of $11.12 billion.

Competitors to Watch: OSI Systems, Inc. (NASDAQ:OSIS), General Dynamics Corp. (NYSE:GD), L-3 Communications Hldgs., Inc. (NYSE:LLL), Intl. Business Machines Corp. (NYSE:IBM), American Science & Engineering, Inc. (NASDAQ:ASEI), Northrop Grumman Corp. (NYSE:NOC), Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS), Lockheed Martin Corp. (NYSE:LMT), Computer Sciences Corp. (NYSE:CSC), and Booz Allen Hamilton Holding Corp. (NYSE:BAH).

Casey’s General Stores, Inc. (NASDAQ:CASY) will unveil its latest earnings on Tuesday, December 6, 2011. The average estimate of analysts is for profit of 97 cents per share, a rise of 19.8% 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 94 cents. Between one and three months ago, the average estimate moved up. It has risen from 96 cents during the last month. For the year, analysts are projecting net income of $3.11 per share, a rise of 17.8% from last year.

The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported profit of $1.03 per share against a mean estimate of $1.05. Two quarters ago, it beat expectations by 10 cents with net income of 60 cents. On average, analysts predict $1.85 billion in revenue this quarter, a rise of 37% from the year ago quarter. Analysts are forecasting total revenue of $7.29 billion for the year, a rise of 29.3% from last year’s revenue of $5.64 billion.

Competitors to Watch: The Pantry, Inc. (NASDAQ:PTRY), Susser Holdings Corp. (NASDAQ:SUSS), The Kroger Co. (NYSE:KR), Weis Markets, Inc. (NYSE:WMK), AMCON Distributing Co. (AMEX:DIT), Ingles Markets, Inc. (NASDAQ:IMKTA), Winn-Dixie Stores, Inc. (NASDAQ:WINN), Wal-Mart (NYSE:WMT), Target (NYSE:TGT) and Whole Foods Market, Inc. (NASDAQ:WFM).

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