Zacks Earnings Preview: Lowe's, Krispy Kreme, Campbell Soup, Best Buy and Dell - Press Releases

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For Immediate Release

 

Chicago, IL - May 21, 2012 - Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Lowe's Co. ( LOW ), Krispy Kreme ( KKD ), Campbell Soup ( CPB ), Best Buy ( BBY ) and Dell ( DELL ).

 

To see more earnings analysis, visit http://at.zacks.com/?id=3207 .

 

Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567 .

 

Earnings Season Quieting Down

It will be a relatively quiet week on the earnings front, as there are only a few reports left before we close the books on the first quarter earnings season. This turned out to be a positive reporting season, with the growth rate, surprises and percentage of beats coming ahead of pre-season expectations.

We will get reports from about 100 companies this week, including 17 companies in the S&P 500, which will take the complete tally of S&P 500 results to 495 by the end of the week.  

The economic calendar this week is on the light side as well, which means that headlines from Europe will likely continue to drive market activity on a day-to-day basis. We will get reports on New and Existing Home Sales, Durable Goods and the regular weekly Jobless Claims.

Monday - 5/21

  • There is nothing significant on the economic calendar today.
  • The key earnings release is from Lowe's Co. ( LOW ) in the morning. We will also have results from Krispy Kreme ( KKD ) and Campbell Soup ( CPB ) in the morning.


Tuesday - 5/22

  • We will get the April Existing Home sales data after the markets open, with expectations for sales increasing to 4.6 million annualized pace from March's 4.48 million pace.  
  • On the earnings front, Best Buy ( BBY ) will report in the morning, while Dell ( DELL ) will report after the markets close.

 

Sheraz Mian is the Director of Research for Zacks.com.

 

 

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank Stocks have generated an average annual return of +28%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained +43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have significantly underperformed the S&P 500 (+3% versus +10%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

 

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Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

 

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

 

Contact: Sheraz Mian
Company: Zacks.com
Phone: 312-265-9211
Email: pr@zacks.com

Visit: www.Zacks.com


 
BEST BUY (BBY): Free Stock Analysis Report
 
CAMPBELL SOUP (CPB): Free Stock Analysis Report
 
DELL INC (DELL): Free Stock Analysis Report
 
KRISPY KREME (KKD): Free Stock Analysis Report
 
LOWES COS (LOW): Free Stock Analysis Report
 
To read this article on Zacks.com click here.



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: Investing , Stocks

Referenced Stocks: BBY , CPB , DELL , KKD , LOW

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