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Pre-Market Earnings Report for July 9, 2013 : WWW, HITK, PENX

By: NASDAQ.com News
Posted: 7/8/2013 4:00:00 PM
Referenced Stocks: HITK;PENX;WWW

The following companies are expected to report earnings prior to market open on 07/09/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Wolverine World Wide, Inc. ( WWW ) is reporting for the quarter ending June 30, 2013. The shoes & retail apparel company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.34. This value represents a 17.07% decrease compared to the same quarter last year. WWW missed the consensus earnings per share in the 2nd calendar quarter of 2012 by -6.82%. The "days to cover" for this stock exceeds 15 days. Zacks Investment Research reports that the 2013 Price to Earnings ratio for WWW is 20.73 vs. an industry ratio of 18.60, implying that they will have a higher earnings growth than their competitors in the same industry.

Hi-Tech Pharmacal Co., Inc. ( HITK ) is reporting for the quarter ending April 30, 2013. The medical company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.68. This value represents a 6.85% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for HITK is 14.94 vs. an industry ratio of 14.10, implying that they will have a higher earnings growth than their competitors in the same industry.

Penford Corporation ( PENX ) is reporting for the quarter ending May 31, 2013. The chemical company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.32. This value represents a 313.33% increase compared to the same quarter last year. Zacks Investment Research reports that the 2013 Price to Earnings ratio for PENX is 16.18 vs. an industry ratio of 16.60.