Thursday, April 25, 2013 is a big day for quarterly earnings as Unilever plc (ADR) (NYSE:UL), Safeway Inc. (NYSE:SWY), Revlon Inc (NYSE:REV), Rayonier Inc. (NYSE:RYN) and Raytheon Company (NYSE:RTN) are scheduled to announce their first quarter results. Let’s see what analysts expect from each of them.

earnings Preview

Unilever plc (ADR) (NYSE:UL)

The British FMCG giant is expected to report 12.48 billion pounds in revenues with underlying sales growth of 5.6 percent. Shore Capital expects Unilever plc (ADR) (NYSE:UL)’s volume growth to be 4 percent, compared to the consensus of 3.4 percent. The company has also increased prices of some of the key products in many countries that will help boost profits. Analysts believe that continued strong sales in emerging markets will easily offset the slow trend in North America and Europe. For the full-year, analysts expect the company to earn $2.31 per share on $65.96 billion revenues.

Safeway Inc. (NYSE:SWY)

The food and drug retailer is expected to earn 35 cents a share on revenues of $10.15 billion. Analysts believe that the “Just for U” loyalty program will prove a positive catalyst once again. Safeway had earned 30 cents a share on revenue of $10 billion in the same period last year. Most of the analysts have rated the company a Strong Buy.

Revlon Inc (NYSE:REV)

The New York-based cosmetics giant doesn’t have much coverage from analysts which indicates a pessimistic expectation. A survey conducted by Piper Jaffray found that Revlon is the favorite brand of just 2 percent of people. According to Reuters, analysts expect 43 cents in earnings on revenues of $376 million for the quarter.

Rayonier Inc. (NYSE:RYN)

The real estate investment trust is expected to earn 61 cents per share on revenues of $377.92 million. The company’s current P/E ratio is 26.36. For the full year, analysts expect Rayonier Inc. (NYSE:RYN) to earn $2.17 per share. Analysts have a mixed view on the stock. Bank of America increased its price target from $61 to $63, but RBC Capital lowered the price target from $55 to $54, maintaining a sector perform rating.

Raytheon Company (NYSE:RTN)

Analysts have low expectations from Raytheon Company (NYSE:RTN) this time. Wall Street consensus estimates the company’s first quarter earnings to decline from $1.46 in Q1 2012 to $1.28 a share in Q1 2013. Revenues are also expected to fall 4 percent YoY to $5.7 billion from $5.94 billion in the same quarter last year. Raytheon Company (NYSE:RTN)’s revenues have been declining for the straight four quarters. Profits have also dipped in the past two quarters.