Earnings Preview: 3D Systems, Aetna, Anheuser-Busch, AMED, ADM, BP

More earnings report are expected Tuesday morning before opening bell. We’re expected to hear the latest quarterly results from 3D Systems Corporation (NYSE:DDD), Aetna Inc. (NYSE:AET), Amedisys Inc (NASDAQ:AMED), Anheuser-Busch InBev NV (NYSE:BUD), Archer Daniels Midland Company (NYSE:ADM) and BP plc (NYSE:BP)

Earnings Preview: 3D Systems, Aetna, Anheuser-Busch, AMED, ADM, BP

3D Systems Corporation (NYSE:DDD) is expected to report 21 cents per share in earnings on revenue of $102 million. The company reported positive earnings surprises in the first and third quarters of last year. Its revenues have been growing steadily over the last five quarters.

As of the moment of this writing, shares of 3D Systems Corporation (NYSE:DDD) were up more than 3.5 percent.

Analysts are looking for Aetna Inc. (NYSE:AET) to report earnings of $1.38 per share on revenue of $9.6 billion. Over the past year, the company’s earnings results have been mixed, with some positive surprises and some negative surprises.

In recent weeks, analyst estimates of Aetna Inc. (NYSE:AET) have fallen slightly. They were $1.43 three months ago, according to Forbes. Then they fell to $1.40 before decreasing again to $1.38 per share.

Amedisys Inc (NASDAQ:AMED) is expected to report earnings per share of 18 cents on revenue of $358 million. The company’s last three quarterly earnings have been positive surprises. However, expectations for the company’s first-quarter revenue this year are lower than the company’s first-quarter result last year.

CRT Capital analysts slashed their price target for Amedisys Inc (NASDAQ:AMED) in half, cutting it from $8 to $4 per share Thursday morning. Late last week, the company pre-announced its first-quarter results, missing consensus entirely. The preannouncement indicated that the company expected first-quarter revenue of $339 million and net income of between 8 and 10 cents per diluted share. The company said they included legal costs linked with governmental investigations.

Analysts predict that Anheuser-Busch InBev NV (NYSE:BUD) will report earnings per share of 89 cents on revenues of $9.5 billion. The company’s last two earnings reports have been negative surprises, while the two reports prior to those were positive surprises. The company’s revenue has been roughly in line with consensus over the last four quarters.

The beer maker spun off SeaWorld Entertainment Inc (NYSE:SEAS) earlier this month through its own initial public offering, which started out strong.

Archer Daniels Midland Company (NYSE:ADM) is expected to report full-year earnings of $2.48 per share on full-year revenue of $90.6 billion. The Wall Street Journal reported today that the company is closed to completing the third-largest food deal in Australia after GrainCorp Ltd. (ASX:GNC) accepted its improved takeover bid. The company has been trying to diversify as much of its business is focused in the U.S. Shares of Archer Daniels Midland Company (NYSE:ADM) rose almost 2 percent in trading on Monday.

BP plc (NYSE:BP) is expected to report earnings of $1.10 per share on revenue of $93.6 billion. The previous two earnings reports have been positive surprises, while the two reports before those were negative surprises. Its revenue has been close to consensus in each of the last four quarters.

The oil giant has been struggling to deal with fallout from the Deep Horizon oil spill. New York City filed a suit against the company last week in what’s just the latest round of legal troubles in connection with the spill. Nonetheless, the company is still planning to buy back $8 billion worth of its shares after the completion of its 50 percent stake in TNK-BP, which it sold to Rosneft NK OAO (MSX:ROSN).

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About the Author

Michelle Jones
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses. Michelle has been with ValueWalk since 2012 and is now our editor-in-chief. Email her at Mjones@valuewalk.com.

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