Earnings Preview: Cardinal Health, CommonWealth, Dynergy, Estee Lauder

Thursday morning before opening bell, more earnings reports are due. Cardinal Health, Inc. (NYSE:CAH), CommonWealth REIT (NYSE:CWH), DineEquity Inc (NYSE:DIN), Dynergy Inc. (NYSE:DYN) and Estee Lauder Companies Inc (NYSE:EL) are all scheduled to report.

Cardinal Health

Cardinal Health, Inc. (NYSE:CAH)

Analysts expect the company to report earnings of 95 cents per share on revenue of $24.7 billion. The company’s last five quarterly reports were slightly above Bloomberg Businessweek’s consensus estimates. Cardinal Health revealed recently that it has signed an agreement with CVS Caremark to provide its distribution facilities and pharmacies with its pharmaceutical products through mid-2016.

CommonWealth REIT (NYSE:CWH)

A consensus estimate of analysts polled by Bloomberg Businessweek shows expectations of $268 million in revenue for the most recently completed quarter and full-year revenue of $1.1 billion.

The company has been in an activist war with a former Icahn Enterprises LP (NASDAQ:IEP) executive since at least last month. This week Perry Capital joined with Keith Meister, who now managers Corvex Management, in the fight to change CommonWealth REIT (NYSE:CWH).

DineEquity Inc (NYSE:DIN)

Analysts predict that the company will report earnings of 99 cents per share on revenue of $166 million for the first three months of the year. Its last five earnings reports have been positive surprises. The company has received an upgrade to neutral at Zacks. It had been ranked as underperform previously.

Back in December, Marcato Capital went activist on the company, recommending a number of steps for it to maximize its equity value.

Dynergy Inc. (NYSE:DYN)

Analysts predict that the company will report a full-year loss of 19 cents per share. Analysts at Barclays Capital raised their price target for the stock late last week. Dynergy Inc. (NYSE:DYN) just completed the sale of its power plant in Roseton this week. An auction supervised by the U.S. Bankruptcy Court was completed late last year for the sale of the plant.

Estee Lauder Companies Inc (NYSE:EL)

A consensus estimate of analysts polled by Bloomberg Businessweek shows expectations of 33 cents in earnings per share on revenue of $2.3 billion for the most recently completed quarter. The company has come out ahead of earnings expectations for the last four quarters, posting a significant surprise in the previous quarter.

Analysts predict Estee Lauder’s revenue growth will remain modest in Thursday’s report.

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.