VF Corp (NYSE:VFC), WisdomTree Investments, Inc. (NASDAQ:WETF), Aon PLC (NYSE:AON), Nomura Holdings, Inc. (NYSE:NMR), Lazard Ltd (NYSE:LAZ) are scheduled to release their quarterly earnings results on Friday, April 26, 2013.
Wall Street analysts have positive conviction that VF Corp (NYSE:VFC) will report strong earnings results for the first quarter of fiscal 2013. The company is expected to post $2.17 earnings per share, higher than its $1.94 per share profit in the same period last year. Its revenue for the quarter is estimated to increase by 3.3% from $2.56 billion last year to $2.64 billion.
For the full fiscal 2013, the company is expected to achieve a profit of around $10.80 and $11.57 billion revenue. VF Corp (NYSE:VFC) recorded profit increases over the past three consecutive quarters. Majority of analysts recommended a buy rating for the shares of the company. The stock hit its 52-week high on Tuesday at $175 per share.
Zacks Equity Research projected that the company will beat consensus estimates citing its aggressive approach for international business expansion particularly in Asia Pacific. The research firm added that its policy to acquire businesses that provide strategic opportunity and selling businesses with lower potential helps drive its growth and profitability.
WisdomTree Investments, Inc. (NASDAQ:WETF) operates exchange-traded fund sponsors and asset managers. The company offers ETFs in equities, currency, fixed-income, and alternative asset classes. It licenses its indexes to third parties for proprietary products, and offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
Analysts expect the WisdomTree Investments, Inc. (NASDAQ:WETF) to report solid financial performance for the first quarter this year due to strong net inflows over the past three quarters and its assets under management (AUM) increased significantly to $18.3 billion last year from $12.2 billion in 2011. At present, the company has $27.3 billion AUM.
Analysts expect the company to report $0.06 earnings per share and $29.08 million revenue for the first quarter. For the fiscal 2013, the consensus estimate is $0.37 a share and $143.4 million revenue. During the previous quarter, the company posted $0.04 earnings per share, and $23.6 million revenue.
Aon PLC (NYSE:AON) is expected to deliver a profit of $1.11 per share this first quarter, higher than its $0.98 earnings per during the same period a year ago. The consensus estimate of analysts for its revenue is around $2.87 billion, up from its previous $2.84 billion revenue in the first quarter last year.
For the fiscal 2013, Analysts projected that the company will achieve $4.72 earnings per share and $11.69 billion revenue. The company experienced an average growth rate of 1.9 percent year-over-year over the previous four quarters. During the fourth quarter of 2012, its revenue increased by 3.9 percent.
For the full year 2013, the company is expected to achieve 1.7 trillion yen and by 2014, analysts estimated Nomura Holdings’ revenue will decline to 1.6 trillion yen. In 2012, the company booked 1.9 trillion yen, 33.7 percent higher than its revenue of 1.4 trillion yen in 2011. Nomura Holdings, Inc. (NYSE:NMR) is expected to deliver 532 billion yen revenue for its fourth quarter earnings result for the current fiscal year based on the consensus estimate of 5 analysts polled by Bloomberg. The estimate is higher than its 482 billion yen revenue recorded in the same period in 2012. During the third quarter this year, the company posted 389.1 billion yen.
Lazard Ltd (NYSE:LAZ) is projected to report a profit of $0.32 per share for the first quarter of the current fiscal year compared with $0.33 earnings per share in the same period last year. During the previous fourth quarter in 2012, the company posted earnings of $0.61 per share.
Analysts estimated its first quarter revenue at around $456 million, lower than its $499 million revenue posted in the same quarter in 2012. During the previous quarter, Lazard generated $574 million revenue. For the fiscal 2013, the consensus estimate of analysts for the company is around $1.95 earnings per share and $2 billion revenue.