Amazon.com, Inc. (NASDAQ:AMZN), The Chubb Corporation (NYSE:CB), Deckers Outdoor Corp (NASDAQ:DECK), Dole Food Company, Inc. (NYSE:DOLE), and Expedia Inc (NASDAQ:EXPE) are each expected to report its financial performance on Thursday, July 25.
Earnings Preview
Amazon.com, Inc. (AMZN)
Wall Street analysts are expecting the earnings of Amazon.com, Inc. (NASDAQ:AMZN) for the second quarter will increase from $0.01 a share to $0.06 per share. Its revenue is also expected to grow from $12.83 billion in the same quarter a year earlier to $15.74 billion, an increase of 23 percent year-over-year. For the full fiscal 2013, analysts projected that the e-commerce giant will deliver $1.35 earnings per share and $74.77 billion revenue. Over the previous four quarters, Amazon enjoyed an average growth rate in revenue at 26 percent year-over-year.
The Chubb Corporation (CB)
Earlier this month, The Chubb Corporation (NYSE:CB) announced that its second quarter financial results will be affected by the impact of catastrophe. The company estimated an impact of $240 million in losses before tax or $156 million ($0.60 losses per share) after tax. According to the company its total losses include $176 million from disasters in the United States and $65 million overseas.
Analysts projected that Chubb will post $1.39 earnings per share, higher than its $1.37 EPS in the same period a year ago. Its revenue is expected to be around $3.19 billion, 3 percent higher than its $3.10 billion revenue last year. For the entire 2013, the company is expected achieve $6.90 EPS and $12.26 billion revenue.
Deckers Outdoor Corp (DECK)
Analysts at Jefferies Equity Research projected that earnings results of Deckers Outdoor Corp (NASDAQ:DECK) for the second quarter will outperform the consensus expectations of Wall Street. The research firm recommended a buy rating with $100 price target. The consensus estimate of analysts for Deckers is to report losses of -$1.04 per share compared with losses of -$0.53 in the same period a year ago. In terms of revenue, the company is expected to post $179.14 million, up from $174.44 million last year. For the full fiscal 2013, analysts estimated that Deckers will achieve $3.69 EPS and $1.51 billion revenue.
Dole Food Company, Inc. (DOLE)
Dole Food Company, Inc. (NYSE:DOLE) is expected by analysts to report weak earnings for the quarter at $0.11 per share compared with $0.80 a share in the same period a year earlier. Its revenue is projected to decrease by 36 percent from $1.72 billion to $1.10 billion. For the full fiscal 2013, the company is expected to generate $0.44 earnings per share and $4.24 billion revenue.
Expedia Inc (EXPE)
Meanwhile, Zacks Equity Research is expecting that Expedia Inc (NASDAQ:EXPE) will report $0.70 earnings per share for the second quarter and $2.52 EPS for the full fiscal 2013. The research firm noted that the company’s EPS in the previous quarter $0.27 missed its estimate due to lower margins. Zacks Equity Research believe that the company’s business remain strong in Asia (much lower ADRs and revenue per room night) compared with other regions, which will likely provide negative impact on margins while driving up volumes.
The consensus EPS estimate of Wall Street analysts for Expedia is $0.79 and $1.26 billion revenue compared with its $0.89 EPS and $1.04 billion revenue in the same period a year ago. For the full fiscal 2013, analysts projected an EPS and revenue of $3.32 and $4.82 billion, respectively.
