Some big companies are set to announce their earnings reports for the first three months of 2013. Here’s a look at what to expect from Clearwire Corporation (NASDAQ:CLWR), The Chubb Corporation (NYSE:CB), Amazon.com, Inc. (NASDAQ:AMZN), Deckers Outdoor Corp (NASDAQ:DECK), and Federated Investors Inc (NYSE:FII).
Clearwire Corporation (NASDAQ:CLWR): The fourth generation wireless carrier has had a mixed quarter. Shares jumped early on in January, but have remained reasonably stagnant since. Since January 1, Clearwire Corporation investors have seen their stock rise by around 13 percent, while the shares have risen by more than 130 percent in the last twelve months.
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In the earnings report due on Thursday, analysts are looking for a loss of 26 cents per share from the company, on first quarter revenue of $310 million. In the first three months of 2012, Clearwire Corporation (NASDAQ:CLWR) lost 40 cents per share, on revenue totaling $323 million.
It’s a difficult time in the wireless industry, and companies like Clearwire Corporation (NASDAQ:CLWR), who are trying to find their place, are having a more difficult time than most. While the industry consolidates in the face of growing competition from fixed line service providers, like Google Inc (NASDAQ:GOOG). Clearwire is the subject of an acquisition attempt by DISH Network Corp. (NASDAQ:DISH), and the progress of that bid is likely to define the company’s 2013.
The Chubb Corporation (NYSE:CB): Analysts will be looking for earnings of $1.74 per share when The Chubb Corporation (NYSE:CB) reports its earnings on Thursday. Estimates for quarterly revenue point to takings of $3.1 billion in the three months. The insurance company is continuing to grow earnings in a tough macro economy.
In the first three months of 2012, The Chubb Corporation (NYSE:CB) earned $1.70 per share on revenues totaling $2.9 billion. So far in 2013, the company’s shares have had an excellent run. Since the start of the year the company’s stock has risen by around 18 percent, and in the last twelve months it’s risen by more than 23 percent.
A large amount of the rise in the company’s stock is associated with a rumored acquisition offer from Warren Buffett of Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B). The most famous investor in the world could bring a windfall to investors in the insurer, and analysts have said that an acquisition would be good for both companies.
Amazon.com, Inc. (NASDAQ:AMZN): The world’s most prominent online retailer is due to expand its earnings in 2013, after one time costs reduced the firm’s takings in 2012. Analysts are looking for earnings of $0.10 per share from the company for the first three months of 2013, on revenues totaling $16.2 billion.
Amazon.com, Inc. (NASDAQ:AMZN) is a controversial vehicle for investors in the tech world, because CEO Jeff Bezos doesn’t believe in margins, as he thinks the internet retail sphere has a long way to go before it’s fully developed. In line with that philosophy, the company sells its hardware with almost no profit. Despite that, the stock is at an incredibly high valuation, currently priced at nearly $270, having risen more than 7 percent so far in 2013.
In the first three months of 2012, Amazon.com, Inc. (NASDAQ:AMZN) earned 28 cents per share on revenue of $13.2 billion. In the last twelve months, the company’s stock has risen by more than 40 percent. Amazon.com Inc. (NASDAQ:AMZN) is all about revenue growth, if it reaches expectations on that front, investors should be happy.
Deckers Outdoor Corp (NASDAQ:DECK): The footwear designer is due to report earnings on Thursday after the market closes. Analysts are looking for a loss per share of 10 cents, on revenue of $253 million. In the same quarter of 2012, the company earned 20 cents per share on revenue of $246 million.
Since the year began, Deckers Outdoor Corp (NASDAQ:DECK) shares have increased by more than 45 percent, signalling a huge amount of confidence in the company. The firm’s shares have fallen in the longer term however, with losses of near 10 percent of their value in the last twelve months.
There are difficulties ahead for the Deckers Outdoor Corp (NASDAQ:DECK), however. The company is currently involved in an insider trading investigation, though that story does not seem to affect the company directly, it will influence the way it does business. Several prominent investors, including Whitney Tilson, have backed the company in the past, and are sticking by it so far in 2013.
Federated Investors Inc (NYSE:FII): The investment manager is expected to record first quarter earnings of 42 cents per share on revenue of $252 million when it reveals its earnings on Thursday. In the first three months of 2013, the company showed earnings of 52 cents per share on revenue of $230 million.
Since the start of the year, shares in the company have increased in value by 15 percent, while the company’s shares have risen by more than 12 percent in the last year, with very uneven gains. It’s been a difficult time for investment managers, but investors seem to think Federated Investors Inc (NYSE:FII) is a good choice in the sphere. That may change after the earnings report on Thursday.