Earnings Preview: ING, Liberty Media, Marathon Oil, Wendy’s, VIVUS

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We’re expecting more quarterly earnings reports this week. ING Groep NV (NYSE:ING), Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB), Marathon Oil Corporation (NYSE:MRO), The Wendy’s Co (NASDAQ:WEN) and VIVUS, Inc. (NASDAQ:VVUS) are all scheduled to report.

Earnings Preview: ING, Liberty Media, Marathon Oil, Wendy’s, VIVUS


Analysts are expecting ING Groep NV (NYSE:ING) to report earnings per share of 24 cents for the first quarter of the year. Full-year earnings for 2013 are expected to be $1.32 on full-year revenue of €44.5 billion.

The company has missed expectations for quarterly earnings in the last three quarters, although the consensus came from just a single analyst who was polled by Bloomberg Businessweek. Shares of ING Groep NV (NYSE:ING) were up 2 percent at the New York Stock Exchange at the time of this writing.

Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB)

Analysts are predicting first quarter revenue of $36 million and full-year revenue of $378 million for Liberty Media Corp (NASDAQ:LMCA) (NASDAQ:LMCB). Consensus estimates provided by Zacks indicate expectations of full-year earnings of $1.45 per share.  For the first quarter, the media company is expected to report 19 cents earnings per share. There have been no analyst revisions for any of the company’s upcoming quarters, according to Zacks.

Marathon Oil Corporation (NYSE:MRO)

Consensus estimates from Bloomberg Businessweek indicate expectations of 72 cents per share in earnings on revenue of $4.6 billion for the first quarter. The oil giant hasn’t fared well over the last year, narrowly missing earnings consensus in four of the last five quarters.

Back in December, Marathon Oil Corporation (NYSE:MRO) announced that it increased its exploration, investment and capital budget for this year. It pushed the budget up to $5.2 billion for 2013 and said it would spend most of the budget in unconventional U.S. oil fields.

The Wendy’s Co (NASDAQ:WEN)

Analysts are expecting The Wendy’s Co (NASDAQ:WEN) to report first quarter earnings of 3 cents per share on revenue of $615 million. In the previous quarter, the company had a very positive surprise in terms of earnings, although in the same quarter last year, the surprise was significantly negative.

In January, the company’s guidance for this year was just ahead of Wall Street estimates as it reported that growth initiatives improved revenues. As of this writing, shares of The Wendy’s Co (NASDAQ:WEN) were down 1 percent.


Bloomberg Businessweek’s consensus for VIVUS, Inc. (NASDAQ:VVUS) indicates expectations of 52 cents per share in losses on $5 million in revenue for the company’s most recently completed quarter. The bad news has just been getting worse for the company, which has posted losses in each of the last five quarters. In fact, the company’s losses have been worse than expected over the last five quarters. Nonetheless, it is seeing its revenue climb slowly over the last two quarters.

Shares of VIVUS, Inc. (NASDAQ:VVUS) have been struggling since the beginning of the year. The stock was down 2 percent as of this writing.

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