Earnings Preview: Dow Chemical, Harley Davidson, Exxon Mobil, KKR

Earnings Preview: Dow Chemical, Harley Davidson, Exxon Mobil, KKR
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Its earnings season and Thursday will witness some of the big and popular companies from different sectors to report their earnings. The expectations from some of those companies, Diamond Offshore Drilling Inc (NYSE:DO), The Dow Chemical Company (NYSE:DOW), Harley-Davidson, Inc. (NYSE:HOG), Exxon Mobil Corporation (NYSE:XOM) and KKR & Co. L.P. (NYSE:KKR), are discussed below:

Earnings Preview: Dow Chemical, Harley Davidson, Exxon Mobil, KKR

Diamond Offshore Drilling Inc (NYSE:DO), the analysts are positive towards the company’s outlook for the first quarter of 2013. The earnings are estimated to be at $1.16 per share. The revenue for the first quarter is projected to be $713.64 million. However, analysts are more positive on the next quarter performance of the company rather than this quarter.

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The analysts are expecting the company to post a profit of $1.24, an increase from $1.17, for the next quarter. As for this year, the analysts are expecting the profit to come in at $4.46.

The Dow Chemical Company (NYSE:DOW) is estimated to report earnings of $0.62 per share. The revenues are estimated at $14.88 billion. For the next quarter, the outlook according to the analysts is neutral. The analysts are expecting profit to come in at $0.7 from over the past month. The profit for full fiscal is projected at $2.34.

Dow Chemical (NYSE:DOW)’s has beat analyst estimates 2 times in the past four quarters.

Harley-Davidson, Inc. (NYSE:HOG) is expected to earn 99 cents per share for the current quarter. According to the consensus estimates there will be an increase of 33.8 percent over the previous year’s 74 cents a share.

The analysts are estimating that sales will increase by 14.7 percent to $1.46 billion from $1.27 billion in the corresponding quarter of last year. There could be, however, negative impact on the sales of rough weather conditions.

The company is looking forward to ship total motorcycles in the range of 71,000 to 76,000 for the first quarter of fiscal 2013, an increase of around 10 percent. For the full year, it is estimated that Harley Davidson (NYSE:HOG) will garner sales in the range of 259,000 to 264,000 motorcycles, an increase of 4.5 percent to 6.5 percent from the last fiscal.

Exxon Mobil Corporation (NYSE:XOM), the analysts are bullish as they expect the earnings per share to increase from $1.98 per share to the current estimate of $2.04 per share. The analysts have increased the projections 2 percent from the corresponding quarter of the previous year in which the earnings came in at $2 per share.

The revenue is expected to decline 3.4 percent year over year to $119.83 billion for the quarter. For full fiscal, the revenue is estimated at $440.92 billion. Exxon Mobil (NYSE:XOM) has been posting profits for the past 8 straight quarters. The company has managed to grow at 9 percent on an average in the last four quarters. The company earned maximum revenue in the second quarter in fiscal 2012 with an up shot of 49 percent.

There has been, however, a decline in revenues from past two quarters. For the last quarter of 2012, the revenue for the company came in at $115.17 billion, decline of 2.2 percent from the fourth quarter of 2011.

KKR & Co. L.P. (NYSE:KKR), for the first quarter and for 2013, is expected to post net income at 87 cents/$2.53 from 76 cents/$2.41. The KKR private Equity investment is expected to be in the range of 6-7 percent in the first quarter. For 2014, the analysts have estimated the earnings to come in at $2.39 per share.

The analysts are bullish on stock pertaining to its momentum of AUM growth along with an increase in distributions to the limited partnership. There is increased momentum of growth, margin expansion, and ultimately smoother fundraising, deal flow, and realization trajectories.

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Aman is MBA (Finance) with an experience on both Marketing and Finance side. He has worked as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, reviewing tech gadgets, playing PC games and cricket. - Email him at amanjain@wordpress-785388-2679526.cloudwaysapps.com
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