4 Big-Name Earnings Reports to Watch This Week

Last week, there were several notable earnings releases. These earnings included Coca-Cola, which reported lower earnings, CVS Health, which posted better-than-expected profits,  Walt Disney, which beat estimates,  and Occidental Petroleum, which reported a wider loss than expected.

This week, earnings season continues with a few major companies on our Top 100 Dividend Stocks list.

Cisco Systems, Inc.
Cisco will release its quarterly results after the closing bell on Wednesday, February 15. The technology company is expected to report earnings of $0.50 per share. This would be below Cisco’s report of $0.53, a year ago. Shares of Cisco have increased more than 25% in the last twelve months. The company has been restructuring to change its business model. Although this is expected to to help the company in the long-run, Cisco expects to see declines over the next couple quarters.
The company’s dividend yield is about 3.30% and it has been increasing annually since 2011.
Quarter Ended Actual EPS Results Analyst Estimates
October 2016 0.55 0.54
July 2016 0.58 0.55
April 2016 0.50 0.50
January 2016 0.53 0.44
PepsiCo, Inc.
PepsiCo will report its quarterly earnings before the opening bell on Wednesday, February 15. The consumer packaged goods company is expected to report earnings of $1.16 per share, which would be higher than last year’s EPS of $1.06. Shares of Pepsi are up about 8% in the last year. Even over the last five years, PepsiCo has demonstrated solid performance (+66%), outperforming its biggest competitor, Coca-Cola (NYSE: KO), which increased only 20% in the same time period.
The company’s dividend history is pretty impressive, too. It offers a dividend yield of about 2.9% and has been consecutively raising its dividend every year since 1973. It is likely that the company will announce another increase in May.
Quarter Ended Actual EPS Results Analyst Estimates
September 2016 1.40 1.32
July 2016 1.35 1.30
March 2016 0.89 0.81
January 2016 1.06 1.06

 

Consolidated Edison, Inc.
Con Edison will release its quarterly results after the closing bell on Thursday, February 16. The utility company is expected to report earnings of $0.65 per share, which would be above last year’s results of $0.61 per share. The stock is up about 6% in the last year. The company, which operates primarily in the New York City area, has reported a healthy amount of cash, which is relief for dividend investors.
The company has been raising its dividend for over 40 years (since 1975). It currently offers a dividend yield of approximately 3.7%.
Quarter Ended Actual EPS Results Analyst Estimates
September 2016 1.50 1.49
June 2016 0.77 0.73
March 2016 1.18 1.22
December 2015 0.61 0.55
Deere & Company
Deere & Company will report quarterly results before the opening bell on Friday, February 17. Deere is expected to report earnings of $0.51 per share, compared to EPS of $0.80 in the same period last year. In the last twelve months, the stock has increased 40%.  The stock rallied since the election, as President Trump plans to use the company’s services for the administrations infrastructure plans.
Currently, Deere offers a dividend yield of about 2.2%. It has maintained its dividend payout since 2014.
Quarter Ended Actual EPS Results Analyst Estimates
October 2016 0.90 0.36
July 2016 1.55 0.95
April 2016 1.56 1.46
January 2016 0.80 0.71

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