Earnings Preview: Allstate, Annaly, Boston Beer, CBS, Las Vegas Sands

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The Allstate Corporation (NYSE:ALL), Annaly Capital Management, Inc. (NYSE:NLY), Boston Beer Co Inc (NYSE:SAM), CBS Corporation (NYSE:CBS), and Las Vegas Sands Corp. (NYSE:LVS) are scheduled to report quarterly earnings results on May 1, 2013.

Earnings Preview: Allstate, Annaly, Boston Beer, CBS, Las Vegas Sands

Analysts expect The Allstate Corporation (NYSE:ALL) to report $1.32 earnings per share for the first quarter. The estimate is 7 percent lower than its previous earnings per share of $1.42 during the same period a year ago. The company is projected to report $6.6 billion revenue, a decline of 21.1 percent year-over year.

For the full year 2013, the company is expected to achieve $4.74 earnings per share and $27.65 billion revenue. Eleven of 22 analysts recommended a hold rating for the shares of The Allstate Corporation (NYSE:ALL).

Annaly Capital Management, Inc. (NYSE:NLY) is expected by analysts to post $0.36 earnings per share. The estimate is significantly lower than its $0.54 EPS during the same quarter in 2012 and $0.10 lower than its $0.46 EPS during the previous quarter. Analysts projected that the company will post $376 million revenue, a decline of 20.4 percent from its fourth quarter 2012 revenue of $571 million. During the same quarter in a year ago, the company recorded $722 million revenue.

For the fiscal 2013, Analysts estimated that Annaly Capital Management, Inc. (NYSE:NLY) will generate $1.48 earnings per share and $1.6 billion revenue. The estimates are lower than its $2.00 EPS and $2.6 billion revenue in 2012.

For the first quarter of the current fiscal year, Boston Beer Co Inc (NYSE:SAM) is projected to achieve $0.60 earnings per share, higher than its $0.56 earnings per share in the same quarter a year ago, but lower than its $1.26 result during the fourth quarter.

The company is projected to report $130 million revenue, 7.7 percent higher than its $113 million revenue in the same period in 2012. During the fourth quarter, the company posted $153 million revenue.

Analysts anticipated that Boston Beer Co Inc (NYSE:SAM) will post $4.95 earnings per share and $659 million revenue for fiscal 2013. During the previous year, the company recorded $4.43 earnings per share and $580 million revenue.

Data from Bloomberg showed that analysts expect CBS Corporation (NYSE:CBS) to report $0.68 earnings per share and $4 billion revenue for the first quarter of 2013. During the same quarter a year earlier, the company posted $0.53 earnings per share and $3.9 billion revenue.

Analysts estimated that the media network will achieve $2.99 earnings per share and $14.9 billion in revenue for fiscal 2013. Last year, CBS Corporation (NYSE:CBS) generated $2.55 EPS and $14.1 billion revenue.

Meanwhile, analysts anticipated that Las Vegas Sands Corp. (NYSE:LVS) will report $0.67 earnings per share and $3.3 billion revenue for the first quarter of the current fiscal year.  During the same period a year earlier, the company posted $0.70 earnings per share and $2.8 billion revenue.

Analysts estimated that Las Vegas Sands Corp. (NYSE:LVS) will generate $2.73 earnings per share and $13.2 billion revenue for fiscal 2013. Last year, the company achieved $2.14 EPS and $11.7 billion revenue.

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