Investors Watch 3 Stocks as Earnings Approach

Fluor Corporation (NYSE:FLR) will unveil its latest earnings on Wednesday, February 22, 2012. The average estimate of analysts is for net income of 82 cents per share, a rise of 26.2% 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. Analysts are projecting profit to rise by 68.2% compared to last year’s $3.33.

The company missed estimates last quarter after beating forecasts in the prior two. In the third quarter, the company reported profit of 78 cents per share versus a mean estimate of net income of 85 cents per share. In the second quarter, the company beat estimates by 13 cents. Analysts are projecting a rise of 20.9% in revenue from the year-earlier quarter to $6.37 billion.

Competitors to Watch: Jacobs Engineering Group Inc. (NYSE:JEC), URS Corporation (NYSE:URS), KBR, Inc. (NYSE:KBR), The Shaw Group Inc. (NYSE:SHAW), Tutor Perini Corporation (NYSE:TPC), Quanta Services, Inc. (NYSE:PWR), Granite Construction Inc. (NYSE:GVA), EMCOR Group, Inc. (NYSE:EME), Michael Baker Corporation (AMEX:BKR), and Babcock & Wilcox Co (NYSE:BWC).

Flowserve Corp (NYSE:FLS) will unveil its latest earnings on Wednesday, February 22, 2012. The average analyst estimate is for profit of $2.26 per share, a rise of 13% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $2.28. Between one and three months ago, the average estimate moved down. It has risen from $2.25 during the last month. For the year, analysts are projecting net income of $7.67 per share, a rise of 9.9% from last year.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 6 cents, reporting profit of $1.92 per share against a mean estimate of net income of $1.86 per share. On average, analysts predict $1.25 billion in revenue this quarter, a rise of 9.6% from the year-ago quarter. Analysts are forecasting total revenue of $4.5 billion for the year, a rise of 11.7% from last year’s revenue of $4.03 billion.

Competitors to Watch: Sauer-Danfoss Inc. (NYSE:SHS), IDEX Corporation (NYSE:IEX), Colfax Corporation (NYSE:CFX).

R.R. Donnelley & Sons Company (NASDAQ:RRD) will unveil its latest earnings on Wednesday, February 22, 2012. The average estimate of analysts is for profit of 44 cents per share, a decline of 13.7% 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 49 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 3.4% compared to last year’s $1.82.

Last quarter, the company met expectations by reporting net income of 51 cents per share last quarter. In the previous second quarter, the company beat estimates by one cent. Analysts predict a rise of 2.6% in revenue from the year-earlier quarter to $2.78 billion.

Competitors to Watch: Consolidated Graphics, Inc. (NYSE:CGX), InnerWorkings, Inc. (NASDAQ:INWK), Cenveo, Inc. (NYSE:CVO), VistaPrint NV (NASDAQ:VPRT), Multi-Color Corporation (NASDAQ:LABL), Deluxe Corporation (NYSE:DLX), Ennis, Inc. (NYSE:EBF), Courier Corporation (NASDAQ:CRRC), Champion Industries, Inc. (NASDAQ:CHMP), Centro Grafico Cegrafico SA (AMEX:CGR), Office Depot (NYSE:ODP), OfficeMax (NYSE:OMX), Staples (NASDAQ:SPLS) and FedEx Kinko’s (NYSE:FDX).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com