While a few notable companies released their earnings last week, this week saw the season step it up with a number of eagerly awaited companies reporting each day since Monday. Next week will see more of the same but not before a number of companies bring their earnings to the table and conference calls to finish the week. The following companies will report tomorrow for better or worse.


PPG Industries, Inc. (PPG) Earnings Estimates

PPG Industries, Inc. (NYSE:PPG) operates as a coatings and specialty products company. The company’s Performance Coatings segment offers coatings products for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; supplies sealants, coatings, technical cleaners and transparencies for commercial, military, regional jet and general aviation aircraft and transparent armor for military land vehicles; and coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, rail cars, and shipping containers. And that’s just one segment of their work. Essentially, if it needs a coating, PPG Industries can supply it.

Analysts are expecting PPG Industries, Inc. (NYSE:PPG) to come in with earnings of $2.34 per share, 1% less than a year ago when it reported earnings of $2.36 per share. For the fiscal year, analysts are expecting earnings of $7.91 per share. Revenue is projected to be $4.09 billion for the quarter, 3% above the year-earlier total of $3.96 billion. For the year, revenue is projected to come in at $15.12 billion.

The company has been profitable for eight consecutive quarters, but is expected to dip when the company reports tomorrow. Over the last four quarters, revenue has fallen an average of 3% year-over-year. The biggest drop came in the most recent quarter, when revenue fell 16% from the year-earlier quarter.

Safeway, Inc. (SWY)

As of the end of 2012, Safeway Inc. (NYSE:SWY), a Pleasanton, California grocery store operator, was up to 1,638 stores. Additionally, they offer an online grocery store presence along with Von’s. Their own-name brands include Safeway, O Organics, Eating Right, Open Nature, Bright Green, Safeway SELECT, Signature Café, Rancher?s Reserve, Primo Taglio, Waterfront BISTRO, Debi Lilly, Lucerne, Refreshe, the Snack Artist, Mom-to-Mom, and Pantry Essentials.

Analysts are projecting earnings of $0.50 per share which would match its year-over-year quarter numbers. For the fiscal year, analysts are expecting earnings of $2.33 per share.

Revenue is projected to be 1 percent above the year-earlier total of $10.39 billion at $10.45 billion for the quarter. For the year, revenue is expected to come in at $44.87 billion up 1.5 percent from the year earlier when it reported revenue of $44.21 billion.

Skyworks Solutions Inc. (SWKS)

Skyworks Solutions Inc (NASDAQ:SWKS), together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Skyworks Solutions is largely believed to be one of very few semiconductor makers that will survive an implosion of an industry that requires their products. Skyworks introduced a breakthrough RF switching technology that enables early adopters to implement Carrier Aggregation solutions. Skyworks’ devices support standardized inputs to popular industry chipsets and address both transmit and receive switching paths. With the limited availability in the wireless spectrum, the technology offered by Skyworks is critical for carriers to fully utilize their allocated spectrum.

Skyworks Solutions Inc (NASDAQ:SWKS) is expected to post earnings per share at $0.53 compared to year-over-year quarter of $0.49. EPS for the year is expected to reach $2.16 compared to just $1.90 a year prior.

Revenue is expected to reach $435.41 million, up nearly 12 percent to the year-over-year quarter, and come in at $1.79 billion for the year. Respectively those numbers were $389.04 million and $1.57 billion. Neither earnings nor revenue projections have moved in the last 9o days and the Street has a consistent Buy or Outperform rating on Skyworks.

Stryker Corporation (SYK)

Stryker Corporation (NYSE:SYK), a medical technology company, provides reconstructive, medical and surgical, and neurotechnology and spinal products for doctors, hospitals, and other healthcare facilities. Given the aging of the population and the demand for knee and hip replacements, Stryker Stock is set to be in good shape for some time.

Analysts project a profit of $1.03 a share, a rise from $0.98 per share a year ago. Analysts are projecting earnings of $4.29 per share for the fiscal year compared to $4.07 the fiscal year prior.

Revenue is projected to rise beyond the year-earlier total of $2.11 billion by 4%, finishing at $2.19 billion for the quarter. For the year, revenue is expected to come in at $8.96 billion compared to $8.66 billion the year prior for a gain of 3.5 percent.

The majority of analysts (54%) calling for these revenue and earnings numbers rate Stryker Corporation (NYSE:SYK) as a Buy. This compares favorably to the analyst ratings of its nearest 10 competitors, which average 44% buys.

Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company reported record June sales, up 24% from its previous high recently and confidence is riding high.

Analysts are expecting TSM to report earnings for the quarter of $0.32 up $0.27 from the year-over-year quarter. Earnings for the year are expected to be up to $1.23 per share from $1.08 a year ago.

The revenue numbers look fantastic for the chip maker. Revenue is expected to rise 20% for the quarter to $5.19 billion compared to $4.33 in the equivalent quarter. For the year, analysts are looking for Taiwan Semiconductor to produce sales of $20.53 billion up 20% from last year’s sales of $17.12 billion.