SanDisk and Xerox Shares See Higher Trading Activity As Earnings Approach

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SanDisk Corp (NASDAQ:SNDK) will unveil its latest earnings on Wednesday, January 25, 2012. The average estimate of analysts is for net income of $1.23 per share, a rise of 5.1% 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 $1.13. Between one and three months ago, the average estimate moved up. It has dropped from $1.24 during the last month. For the year, analysts are projecting profit of $4.47 per share, a rise of 2.8% from last year.

Last quarter, the company beat estimates by 12 cents, coming in at net income of $1.14 a share versus the estimate of profit of $1.02 a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $1.57 billion in revenue this quarter, a rise of 18% from the year ago quarter. Analysts are forecasting total revenue of $5.66 billion for the year, a rise of 17.2% from last year’s revenue of $4.83 billion.

Competitors to Watch: Western Digital Corp. (NYSE:WDC), STEC, Inc. (NASDAQ:STEC), OCZ Technology Group Inc. (NASDAQ:OCZ), Micron Technology, Inc. (NASDAQ:MU), EMC Corporation (NYSE:EMC), Seagate Technology PLC (NASDAQ:STX), Imation Corp. (NYSE:IMN), Quantum Corporation (NYSE:QTM), Hutchinson Technology Inc. (NASDAQ:HTCH), and Apple Inc. (NASDAQ:AAPL).

Xerox Corp (NYSE:XRX) will unveil its latest earnings on Wednesday, January 25, 2012. The average estimate of analysts is for net income of 32 cents per share, a rise of 10.3% 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 14.9% versus last year to $1.08.

Last quarter, the company beat estimates by one cent, coming in at profit of 26 cents a share versus the estimate of net income of 25 cents a share. It marked the fourth straight quarter of beating estimates. On average, analysts predict $6.07 billion in revenue this quarter, a rise of 1.5% from the year ago quarter. Analysts are forecasting total revenue of $22.76 billion for the year, a rise of 5.2% from last year’s revenue of $21.63 billion.

Competitors to Watch: Canon Inc. (NYSE:CAJ), Pitney Bowes (NYSE:PBI), Staples (NASDAQ:SPLS), Office Depot (NYSE:ODP), OfficeMax (NYSE:OMX), Dell (NASDAQ:DELL), FedEx (NYSE:FDX), IBM (NYSE:IBM), Canon Inc. (NYSE:CAJ), Pitney Bowes Inc. (NYSE:PBI), Chyron Corporation (NASDAQ:CHYR), X-Rite, Incorporated (NASDAQ:XRIT), Hewlett-Packard Company (NYSE:HPQ), and Eastman Kodak Company (NYSE:EK).

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