More major companies will report their earnings Friday before opening bell: ImmunoGen, Inc. (NASDAQ:IMGN), Honda Motor Co Ltd (NYSE:HMC), National Presto Industries Inc. (NYSE:NPK), Simon Property Group, Inc. (NYSE:SPG), D.R. Horton, Inc. (NYSE:DHI) and Burger King Worldwide Inc (NYSE:BKW).
ImmunoGen, Inc. (NASDAQ:IMGN) is expected to report a loss of 14 cents per share on $13.4 million in revenue according to a consensus of analysts polled by Bloomberg. The company’s earnings have surprised to the negative consistently over the last five quarters, while its revenue has been close to the expectations of analysts.
Analysts are predicting that Honda Motor Co Ltd (NYSE:HMC) will report revenue of 2.9 trillion yen in its upcoming earnings report. The company said it expects sales in the U.S. this month to rise compared to the same month a year ago. It said demand from individuals has been strong this month, especially for some models like the Honda Civic, the Honda Acura and the Honda Accord. Earlier this year, Honda Motor Co Ltd (NYSE:HMC) announced that its Civic received a Top Safety Pick Plus designation.
National Presto Industries Inc. (NYSE:NPK) is expected to report quarterly revenue of $111 million. The company’s revenue over the last five quarters has been close to Bloomberg’s consensus in each of them.
It was announced earlier this year that National Presto Industries Inc. (NYSE:NPK) was awarded a $64.5 million contract with the U.S. government for the production of ammunition. The contract with the U.S. Army is part of an early deal from 2010 that was set to last five years.
Expectations for Simon Property Group, Inc. (NYSE:SPG) are earnings of 76 cents per share on revenue of $1.2 billion. The company’s earnings have been hard to predict over the last five quarters, as the company came out above consensus in one quarter, below consensus in three other quarters and in line with consensus in the other quarter. The company’s revenue however, has been fairly consistent, ranging from $1.1 to $1.3 billion in each of the last five quarters.
D.R. Horton, Inc. (NYSE:DHI) is expected to report earnings of 19 cents per share on revenue of $1.3 billion. The company posted significant positive earnings surprises in three of the last five quarters, including the first quarter of last year. Its revenue has been close to consensus in each of the last five quarters.
Within the last three months, consensus for the company’s next quarterly report has risen. Analysts are looking for a 50 percent increase in earnings and a 30 percent increase in revenue over the same quarter a year ago. D.R. Horton, Inc. (NYSE:DHI)’s net income has risen over the last three quarters. In the most recently completed quarter, its net income jumped more than two-fold from the same quarter a year ago.
Burger King Worldwide Inc (NYSE:BKW) is expected to report first-quarter earnings of 17 cents and full-year earnings of 80 cents at the end of the year. The company’s earnings have been significant positive surprises in each of the last four quarters.
It was announced earlier this month that Burger King’s CEO would leave the company and go to H.J. Heinz Company (NYSE:HNZ) after its acquisition is completed.
