Zacks Earnings Preview: Citigroup, Johnson & Johnson, Goldman Sachs, Intel and Yahoo - Press Releases
April 16 2012 - 4:30AM
Zacks
For Immediate Release
Chicago, IL – April 16, 2012 – Zacks.com releases the list of
companies likely to issue earnings surprises. This week’s list
includes Citigroup ( C), Johnson &
Johnson ( JNJ), Goldman Sachs (
GS), Intel (INTC) and
Yahoo (YHOO). 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.
The Thick of Q1 Earnings Season
We are jumping right into the thick of the first quarter
reporting cycle this week, with more than 250 companies coming out
with results, including 89 companies from the S&P 500.
We will have representation from the who’s who of the corporate
world, with a number of bellwether players on tap to come out with
results. By the end of the week, we will have results from a good
enough sample to judge this earnings season.
While earnings will remain the primary focus during the week, we
have a number of market-moving economic releases on deck as well.
We will get a sense of the consumer economy though the monthly
Retail Sales numbers, while the Industrial Production report will
give us a good read on the manufacturing sector. Regional
manufacturing surveys from the New York and Philly Feds will
provide a preview of the manufacturing ISM index. We also have a
fair amount of housing data on tap, particularly Housing Starts and
Existing Home sales.
Monday
- We will get the March Retail Sales numbers and earnings results
from Citigroup ( C) before the markets open.
The Empire State manufacturing survey comes out after the markets
open.
- For Retail Sales, the expectations are for a 0.4% gain
following February’s strong 1.1% gain. Excluding autos, retail
sales are expected to have increased 0.6% vs. the 0.9% increase in
February.
Tuesday
- We will get earnings reports from Johnson &
Johnson ( JNJ) and Goldman
Sachs ( GS) before the open, in addition to the March
Housing Starts numbers. The Industrial Production data comes out a
little later, while Intel (INTC) and
Yahoo (YHOO) report results after the
close.
- Housing Starts have been bouncing around the 700,000 level for
a while and that’s where the expectation is. Industrial Production
is expected to have increased by 0.5% in March after the flat
reading in February.
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
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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
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Contact: Sheraz Mian
Company: Zacks.com
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Email: pr@zacks.com
Visit: www.Zacks.com
CITIGROUP INC (C): Free Stock Analysis Report
GOLDMAN SACHS (GS): Free Stock Analysis Report
INTEL CORP (INTC): Free Stock Analysis Report
JOHNSON & JOHNS (JNJ): Free Stock Analysis Report
YAHOO! INC (YHOO): Free Stock Analysis Report
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