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Pre-Market Earnings Report for January 11, 2013 : WFC, NTIC

Posted
1/10/2013 4:00:00 PM
By: NASDAQ.com News
Referenced Stocks:NTIC;WFC

The following companies are expected to report earnings prior to market open on 01/11/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Wells Fargo & Company ( WFC ) is reporting for the quarter ending December 31, 2012. The bank company's consensus earnings per share forecast from the 26 analysts that follow the stock is $0.88. This value represents a 20.55% increase compared to the same quarter last year. In the past year WFC has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 1.15%. Zacks Investment Research reports that the 2012 Price to Earnings ratio for WFC is 10.39 vs. an industry ratio of 11.00.

Northern Technologies International Corporation ( NTIC ) is reporting for the quarter ending November 30, 2012. The chemical company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.16. This value represents a -27.27% decrease compared to the same quarter last year. The last two quarters NTIC had negative earnings surprises; the latest report they missed by -52.38%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for NTIC is 12.19 vs. an industry ratio of 14.20.