Business

Earnings Preview: Wyndham, Wellpoint, Whirlpool, Virgin Media

Investors are looking up to more big earnings reports before opening bell on Wednesday. Wyndham Worldwide Corporation (NYSE:WYN), WellPoint, Inc. (NYSE:WLP), Whirlpool Corporation (NYSE:WHR), Virgin Media Inc. (NASDAQ:VMED) and Waste Management, Inc. (NYSE:WM) are all scheduled to report.

Earnings Preview: Wyndham, Wellpoint, Whirlpool, Virgin Media

Wyndham Worldwide Corporation (NYSE:WYN) is expected to report first-quarter earnings of 67 cents per share on revenue of $1.1 billion, according to a consensus of analysts polled by Bloomberg. The company surprised on the positive side in the previous quarter and also in the same quarter a year ago. It came in in-line with revenue expectations for both prior quarters.

Analysts are expecting WellPoint, Inc. (NYSE:WLP) to report earnings per share of $2.37 on $17.9 billion in revenue. The company surprised to the positive for earnings in the first and last quarters of 2012. Its revenue over the last four quarters has been either in-line with consensus or just below.

WellPoint, Inc. (NYSE:WLP) made our “Stocks to Watch” list in February after it surprisingly appointed Joseph R. Swedish as its new CEO. Although he came from the healthcare industry, he never headed up a public company. He replaced interim CEO John Cannon last month.

Whirlpool Corporation (NYSE:WHR) is expected to report earnings of $1.96 per share on revenue of $4.4 billion, according to a consensus of analysts polled by Bloomberg. The company posted a more than 25 percent positive surprise in earnings during the same quarter a year ago. Revenue for the first quarter of last year was in-line with expectations.

Analysts are predicting Virgin Media Inc. (NASDAQ:VMED) to report earnings of 14 cents per share on revenue of $1.1 billion. The company has reported revenues of $1 billion in the five consecutive quarters previously. During the same quarter a year ago, Virgin Media’s earnings were a negative surprise of almost 90 percent—just 2 cents, compared to the consensus of 16 cents.

Liberty Global Inc. (NASDAQ:LBTYA) (NASDAQ:LBTYB) proposed a buyout of Virgin Media Inc. (NASDAQ:VMED) earlier this year.

Consensus for Waste Management, Inc. (NYSE:WM) indicates expectations of 41 cents earnings per share on $3.4 billion in revenue. The company’s revenue hasn’t changed much over the previous five quarters. It posted revenues of between $3.3 and $3.5 billion in each of the five quarters back to the last quarter of 2011. The company missed consensus by 10 percent in earnings during the first quarter of 2012.

Like Us On Facebook - For Business And General News: ValueWalk - For Tech And Science News: ValueWalk Tech - For Tech Insights, Technical Questions and Queries: Follow Our COO, Sheeraz Raza.