Pre-Market Earnings Report for August 24, 2012 : MSG, SOL, SYSW

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The following companies are expected to report earnings prior to market open on 08/24/2012. Visit our Earnings Calendar for a full list of expected earnings releases.

The Madison Square Garden Company ( MSG ) is reporting for the quarter ending June 30, 2012. The leisure (recreational) company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.22. This value represents a 100.00% increase compared to the same quarter last year. MSG missed the consensus earnings per share in the 2nd calendar quarter by -8.33%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for MSG is 33.04 vs. an industry ratio of 21.70, implying that they will have a higher earnings growth than their competitors in the same industry.

Renesola Ltd. ( SOL ) is reporting for the quarter ending June 30, 2012. The solar company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.30. This value represents a -700.00% decrease compared to the same quarter last year. The last two quarters SOL had negative earnings surprises; the latest report they missed by -56.67%. The "days to cover" for this stock exceeds 15 days. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SOL is -1.44 vs. an industry ratio of -9.70, implying that they will have a higher earnings growth than their competitors in the same industry.

SYSWIN Inc. ( SYSW ) is reporting for the quarter ending June 30, 2012. The real estate company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.03. This value represents a -175.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2012 Price to Earnings ratio for SYSW is 15.30 vs. an industry ratio of 10.60, implying that they will have a higher earnings growth than their competitors in the same industry.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Earnings

Referenced Stocks: MSG , SOL , SYSW

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