Earnings on Tuesday include Pfizer, Eli Lilly, Us Steel, Allstate, and Nathan's Famous. Here's what to expect from those reports.
Tuesday will see earnings reports come in from across the economic spectrum. Firms from the pharmaceutical industry will be highlighted on the day with Pfizer Inc. (NYSE:PFE) and Eli Lilly & Co. (NYSE:LLY) reporting early. Other reporters include The Allstate Corporation (NYSE:ALL), Nathan’s Famous, Inc. (NASDAQ:NATH), and United States Steel Corporation (NYSE:X).
Pfizer Inc. (NYSE:PFE): The pharmaceuticals giant is expected to post its earnings report before the market opens tomorrow. Analysts are looking for earnings of 44 cents per share for the last three months of 2012, on revenues totaling $14.4 billion. Those numbers are lower compared to the same quarter last year. Earnings for the entire year are also expected to be down.
In the same quarter of 2011, the company earned 50 cents per share on revenues of $16.7 billion. For 2011, the company earned $2.31 per share, compared to expected 2012 earnings of $2.17. Revenues for 2012 is expected to come in at $58.4 billion, compared to last year’s $67.4 billion.
The factors that have most impacted Pfizer Inc.’s (NYSE:PFE) bottom line mostly relate to currency fluctuations and the loss of patents on some of its big earners. As with any pharmaceutical company, the most important indicator going forward are the pipeline products and their performance in clinical trials. In the past year, Pfizer shares have increased by more than 25%.
Eli Lilly & Co. (NYSE:LLY): Early on Tuesday, Eli Lilly & Co. will announce its fourth quarter earnings for 2012. Estimates from analysts point to a earnings of 79 cents per share on revenues of $5.4 billion for the last three months of the year. In the same period last year, the company recorded earnings of 87 cents per share, on revenues of $6 billion.
For 2012, the company is expected to record total earnings of $3.34 per share, on revenues of $22.5 billion. In 2011, Eli Lilly & Co. (NYSE:LLY) took in revenues of $24.3 billion, and turned that into earnings per share of $4.41.
Last year, shares in Eli Lilly & Co. increased by more than 33%. For the year so far, shares in the firm have gone up by more than 7%. Like Pfizer Inc. (NYSE:PFE), investors and analysts are increasingly optimistic about the future of Eli Lilly & Co.
The Allstate Corporation (NYSE:ALL): One of the largest insurance companies in the United States, The Allstate Company will release its earnings on Tuesday. Analysts are looking for a loss of 2 cents per share form the company, and revenues of $6.7 billion.
In the last three months of 2011, the company earned $1.48 per shares on revenues of $6.6 billion. For 2012, analysts expect The Allstate Corporation (NYSE:ALL) to post earnings of $3.72 per share on total revenues of $26.8 billion. In 2011, the company earned $1.32 per share, on revenues of $25.9 billion.
The firm’s shares jumped by almost 50% in the last twelve months, and almost 9% in the opening weeks of 2013. The company is expected to perform well in 2013 as the insurance business recovers, and financial institutions continue to get back to business as usual.
Nathan’s Famous, Inc. (NASDAQ:NATH): One of the hottest stocks on the market last year, Nathan’s Famous will release its earnings before the market opens on Tuesday. the firm’s shares skyrocketed in the last twelve months, increasing by more than 100%. In the opening weeks of 2013, the company’s shares have increased by more than 23%. The company has a market capitalization of just over $180 million, and a P/E of 27.
Analysts are expecting the company to announce earnings of 33 cents per share for the last three months of 2012. In the same period last year, the company earned 23 cents per share. Nathan’s Famous, Inc. (NASDAQ:NATH) is one of the fastest growing companies reporting in the coming weeks, and will certainly be one to watch on Tuesday.
United States Steel Corporation (NYSE:X): A bellwether report for heavy industry, United States Steel Corporation is expected to report its earnings before the market opens on Tuesday. Analysts are looking for a loss of 75 cents per shares for the company, on quarterly revenues of $4.3 billion.
In the same period of 2011, the company lost $1.14 per share and brought in revenues of $4.8 billion. It’s been a tough year for United States Steel Corporation (NYSE:X), revenues have declined for the last two quarters, and earnings have been difficult to predict. Shares for the company have fallen by more than 20% in the twelve months.
The opening weeks of 2013 have seen little movement in anticipation of the company’s quarterly earnings report. The firm’s stock is down a fraction for the year, but there has been no profound movement, investors may be waiting for the full report to come through on Tuesday before making their mind sup on the company.
As with other industrials, demand from China will be one of the most important metrics revealed in the coming earnings.