Earnings Preview: Sirius XM Radio, Potash, Rayonier, Raytheon

Earnings Preview: Sirius XM Radio, Potash, Rayonier, Raytheon

Thursday represents another day when a number of companies from multiple industries paint a picture of the market as a whole. The following five companies will each be reporting over the course of the day.

Earnings Preview: Sirius XM Radio, Potash, Rayonier, Raytheon

Earnings Preview

Potash Corp./Saskatchewan (POT)

Potash Corp./Saskatchewan (NYSE:POT), together with its subsidiaries, produces and sells fertilizers and related industrial and feed products primarily in the United States and Canada. The company mines and produces potash, which is used as fertilizer. The stock has been in decline for years now, and PotashCorp earnings look poised to post another substantial year-over-year decline.

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Analysts are expecting Potash Corp. to show earnings of $0.81 for the quarter, down significantly from a call for earnings of $0.89 three months ago and down year-over-year from earnings of $1.01. For the fiscal year analysts are expecting earnings of $2.90 compared to earnings of $2.71 per share for the year prior.

Revenue for the quarter is anticipated to be $2.19 billion, down 3.9 percent year-over-year from $2.27 billion. For the fiscal year analysts are calling for sales of $8.03 billion up 1.3 percent from sales of $7.93 the year prior.

Rayonier Inc. (RYN)

Rayonier Inc. (NYSE:RYN) engages in the sale and development of real estate and timberland management, as well as in the production and sale of cellulose fibers in the United States, New Zealand, and Australia. The company operates in four segments: Timber, Real Estate, Performance Fibers, and Wood Products. After raising dividends by 11 percent earlier this week, analysts are looking for Rayonier to post average earnings and revenue numbers.

The Street is looking for Rayonier Inc. (NYSE:RYN) to post earnings of $0.52 for the quarter, down $0.02 from the year-over-year quarter the year prior. For the year, Rayonier is expected to post earnings of $2.21 for the fiscal years, up a touch from the year before when the company saw earnings of $2.17.

Revenue is expected to rise 4.2 percent to $387.72 million for the quarter. For the fiscal year, revenue is expected to be reported in the neighborhood of $1.65 billion, a rise in sales of 5.10 percent when Rayonier saw revenue of $1.57 billion.

Raytheon Company (RTN)

Raytheon Company (NYSE:RTN), together with its subsidiaries, provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as a range of mission support services in the United States and internationally. The companys Integrated Defense Systems segment provides integrated air and missile defense, radar solutions, and naval combat and ship electronic systems. Raytheon nearly reached its 52-week high in trading today.

Raytheon is expected to post quarterly earnings of $1.30 down from year-over-year earnings of $1.41 the year prior. For the year, analysts are expecting earnings of $5.41 down from $5.71 the year prior.

Revenues for the quarter are expected to be down a little over 3 percent with the company expected to see sales of $5.8 billion down from $5.99 billion. The fiscal year should bring sales of $23.52 billion down 3.7 percent from sales of 24.41 in fiscal 2012.

Southwest Airlines Co. (LUV)

Southwest Airlines Co. (NYSE:LUV) operates passenger airlines that provide scheduled air transportation services in the United States. As of December 31, 2012, the company operated 694 aircraft, including 606 Boeing 737 aircraft and 88 Boeing 717 aircraft. Southwest remains one of the only U.S. airline to not declare bankruptcy in the last 20 years. Additionally, following an accident that saw the landing gear collapsing on a landing this week at LaGuardia, the stock has remained largely unchanged.

Analysts are expecting Southwest Airlines to report earnings of $o.38 per share. This up marginally from year-over-year earnings of $0.36. Earnings projections are down over the last 60 days when they were calling for earnings of $0.41.

Revenue for the quarter is expected in the neighborhood $4.66 billion just a hair over last year’s corresponding quarter when sales came in at $4.64 billion. For the fiscal year, revenue is expected to come in at $17.58 billion up nearly 3 percent from the year prior when sales finished at $17.09 billion.

Sirius XM Radio Inc (SIRI)

Sirius XM Radio Inc (NASDAQ:SIRI) provides satellite radio services in the United States and Canada. The company broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. It also offers music genres, such as rock, pop, and hip-hop, as well as dance, jazz, Latin, and classical music; advertising on non-music channels; and applications to allow consumers to access Internet services on mobile devices.

Many are calling for SIRIUS to beat analysts predictions of Thursday. SIRIUS XM in its interim report has reported a net addition of 715,000 customers for the second quarter of 2013, registering a 15 percent annualized and a staggering 58 percent sequential growth. With the latest subscriber gain, SIRIUS XM has crossed the 25 million customer mark and has added 1.17 million subscribers in the first half of fiscal 2013.

Analysts are expecting earnings to come in at $0.02 for the quarter compared to year-over-year earnings of $0.48 per share. For the year earnings are expected at $.09 compared the fiscal year prior when earnings were $0.51 per share.

Revenue is anticipated to rise to $934.57 for the quarter up 11.6 percent from year-over-year sales of $837.54 million. For the fiscal year revenue is expected at $3.7 billion up 11.30 percent from the fiscal prior when the company saw $3.4 billion in sales.


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While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>
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