Pre-Market Earnings Report for August 7, 2013 : TWX, DUK, EOG, VRX, MMC, DVN, MPEL, AME, RL, HFC, CG, IEP

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The following companies are expected to report earnings prior to market open on 08/07/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Time Warner Inc. ( TWX ) is reporting for the quarter ending June 30, 2013. The media company's consensus earnings per share forecast from the 17 analysts that follow the stock is $0.75. This value represents a 27.12% increase compared to the same quarter last year. In the past year TWX has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 9.33%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for TWX is 17.52 vs. an industry ratio of 15.60, implying that they will have a higher earnings growth than their competitors in the same industry.

Duke Energy Corporation ( DUK ) is reporting for the quarter ending June 30, 2013. The electric power utilities company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.93. This value represents a 8.82% decrease compared to the same quarter last year. DUK missed the consensus earnings per share in the 1st calendar quarter of 2013 by -1.92%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DUK is 16.44 vs. an industry ratio of 13.70, implying that they will have a higher earnings growth than their competitors in the same industry.

EOG Resources, Inc. ( EOG ) is reporting for the quarter ending June 30, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 24 analysts that follow the stock is $1.76. This value represents a 51.72% increase compared to the same quarter last year. In the past year EOG has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 59.29%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for EOG is 21.90 vs. an industry ratio of 1.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Valeant Pharmaceuticals International, Inc. ( VRX ) is reporting for the quarter ending June 30, 2013. The drug company's consensus earnings per share forecast from the 8 analysts that follow the stock is $1.28. This value represents a 25.49% increase compared to the same quarter last year. VRX missed the consensus earnings per share in the 4th calendar quarter of 2012 by -4%. The days to cover, as reported in the 7/15/2013 short interest update, increased 135.03% from previous report on 6/28/2013. Zacks Investment Research reports that the 2013 Price to Earnings ratio for VRX is 16.42 vs. an industry ratio of -4.30, implying that they will have a higher earnings growth than their competitors in the same industry.

Marsh & McLennan Companies, Inc. ( MMC ) is reporting for the quarter ending June 30, 2013. The insurance brokers company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.68. This value represents a 15.25% increase compared to the same quarter last year. In the past year MMC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MMC is 17.30 vs. an industry ratio of 23.70.

Devon Energy Corporation ( DVN ) is reporting for the quarter ending June 30, 2013. The oil (us exp & production) company's consensus earnings per share forecast from the 20 analysts that follow the stock is $0.94. This value represents a 70.91% increase compared to the same quarter last year. DVN missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -32.1%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for DVN is 14.55 vs. an industry ratio of 1.00, implying that they will have a higher earnings growth than their competitors in the same industry.

Melco Crown Entertainment Limited ( MPEL ) is reporting for the quarter ending June 30, 2013. The gaming company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.27. This value represents a 68.75% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for MPEL is 24.83 vs. an industry ratio of -12.50, implying that they will have a higher earnings growth than their competitors in the same industry.

AMTEK, Inc. ( AME ) is reporting for the quarter ending June 30, 2013. The electrical test equipment company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.52. This value represents a 10.64% increase compared to the same quarter last year. In the past year AME has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 3.92%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for AME is 22.55 vs. an industry ratio of 22.60.

Ralph Lauren Corporation ( RL ) is reporting for the quarter ending June 30, 2013. The textile company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.93. This value represents a 4.93% decrease compared to the same quarter last year. In the past year RL has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.46%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for RL is 21.67 vs. an industry ratio of 17.70, implying that they will have a higher earnings growth than their competitors in the same industry.

HollyFrontier Corporation ( HFC ) is reporting for the quarter ending June 30, 2013. The oil refining company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.40. This value represents a 41.42% decrease compared to the same quarter last year. The last two quarters HFC had negative earnings surprises; the latest report they missed by -7.91%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HFC is 8.29 vs. an industry ratio of 13.70.

The Carlyle Group L.P. ( CG ) is reporting for the quarter ending June 30, 2013. The finance/investment management company's consensus earnings per share forecast from the 8 analysts that follow the stock is $0.59. This value represents a 251.28% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for CG is 9.37 vs. an industry ratio of 21.20.

Icahn Enterprises L.P. ( IEP ) is reporting for the quarter ending June 30, 2013. The diversified operations company's consensus earnings per share forecast from the 1 analyst that follows the stock is $1.58. This value represents a 30.09% decrease compared to the same quarter last year. IEP missed the consensus earnings per share in the 1st calendar quarter of 2013 by -30.94%. The days to cover, as reported in the 7/15/2013 short interest update, increased 165.61% from previous report on 6/28/2013. Zacks Investment Research reports that the 2013 Price to Earnings ratio for IEP is 8.85 vs. an industry ratio of 16.00.



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


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