Pre-Market Earnings Report for October 12, 2012 : WFC, JPM, INFY, WBS, DRH, IGTE

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The following companies are expected to report earnings prior to market open on 10/12/2012. Visit our Earnings Calendar for a full list of expected earnings releases.

Wells Fargo & Company ( WFC ) is reporting for the quarter ending September 30, 2012. The bank company's consensus earnings per share forecast from the 24 analysts that follow the stock is $0.87. This value represents a 20.83% increase compared to the same quarter last year. In the past year WFC has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WFC is 10.58 vs. an industry ratio of 12.00.

J P Morgan Chase & Co ( JPM ) is reporting for the quarter ending September 30, 2012. The bank company's consensus earnings per share forecast from the 24 analysts that follow the stock is $1.21. This value represents a 18.63% increase compared to the same quarter last year. JPM missed the consensus earnings per share in the 4th calendar quarter by -2.17%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for JPM is 8.81 vs. an industry ratio of 12.00.

Infosys Limited ( INFY ) is reporting for the quarter ending September 30, 2012. The information technology services company's consensus earnings per share forecast from the 12 analysts that follow the stock is $0.74. This value represents a 2.78% increase compared to the same quarter last year. In the past year INFY has met analyst expectations three times and beat the expectations the other quarter. The "days to cover" for this stock exceeds 11 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for INFY is 15.47 vs. an industry ratio of 10.20, implying that they will have a higher earnings growth than their competitors in the same industry.

Webster Financial Corporation ( WBS ) is reporting for the quarter ending September 30, 2012. The bank (northeast) company's consensus earnings per share forecast from the 15 analysts that follow the stock is $0.46. This value represents a 2.22% increase compared to the same quarter last year. In the past year WBS has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WBS is 13.01 vs. an industry ratio of 14.30.

Diamondrock Hospitality Company ( DRH ) is reporting for the quarter ending September 30, 2012. The reit company's consensus earnings per share forecast from the 13 analysts that follow the stock is $0.19. This value represents a 18.75% increase compared to the same quarter last year. DRH missed the consensus earnings per share in the 4th calendar quarter by -7.69%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for DRH is 12.45 vs. an industry ratio of 14.60.

iGATE Corporation ( IGTE ) is reporting for the quarter ending September 30, 2012. The computer services company's consensus earnings per share forecast from the 5 analysts that follow the stock is $0.34. This value represents a 142.86% increase compared to the same quarter last year. The last two quarters IGTE had negative earnings surprises; the latest report they missed by -40.74%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for IGTE is 13.03 vs. an industry ratio of 37.00.



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

Referenced Stocks: DRH , IGTE , INFY , JPM , WBS , WFC

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