Earnings Preview: St. Joe, Rosetta Stone, News Corp, Shutterstock

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With the market trading at an all-time high, first quarter earnings have provided a roller-coaster ride so far this season. Here is a look at five companies that will report after the bell tomorrow.

Earnings Preview: St. Joe, Rosetta Stone, News Corp, Shutterstock

The St. Joe Company (NYSE:JOE):

The St. Joe Company (NYSE:JOE), together with its subsidiaries, operates as a real estate development company in Florida. The company operates in five segments: residential real estate; commercial real estate; resorts, leisure, and leasing operations; forestry; and rural land. Shares are down 3.4 percent year to date as of the close of trading on Friday. Currently there are no analysts that rate St. Joe Corporation a buy, no analysts rate it a sell, and one analyst rates it a hold.

The consensus expects St. Joe Company to show a loss of $0.01 per share with no movement from the year-over-year quarter. For the fiscal year, the consensus expects The St. Joe Company (NYSE:JOE) to report earnings of $0.04 per share, down markedly from $0.12 in the fiscal year prior. Sixty days ago analysts expected neither a loss nor a profit.

Revenues are expected to come in at $25.1 million for the quarter. For the fiscal year, revenues are expected to drop 11 percent and come in at $124 million as opposed to last year’s sales of $139.4 million.

Rosetta Stone Inc (NYSE:RST): 

Rosetta Stone Inc (NYSE:RST), together with its subsidiaries, provides technology-based language-learning solutions in the United States and internationally. The company develops, markets, and sells language-learning solutions, such as software, online services, mobile applications, and audio practice tools in approximately 30 languages primarily under the Rosetta Stone brand. It’s no secret that the world is becoming smaller. Even if rising energy prices make long-distance travel more prohibitive, our ability to communicate via the Internet isn’t going anywhere anytime soon.

While Rosetta Stone Inc (NYSE:RST) currently gets 63 percent of its revenue from North American consumers, the opportunity abroad and in the educational community is immense. The company is aware of this opportunity, as it is piloting its ReFLEX initiative in South Korea and Japan before a probable release in mainland China.

The consensus expects a loss of $0.08 per share compared to a year-over-year quarterly loss of $0.09. For the fiscal year, analysts expect that Rosetta Stone Inc (NYSE:RST) will see a profit of $0.03 compared to a loss of $0.06 just a year ago.

Revenues are expected at $64.48 million down 7.2 percent from the year-over-year quarter of $69.45 million. For the year, revenues are expected to climb to $285.33 million from sales of $273.24 a gain of 4.4 percent.


News Corp (NASDAQ:NWSA) (NASDAQ:NWS) operates as a diversified media company worldwide. Its cable network programming segment produces and licenses news, business news, sports, general entertainment, and movie programming for distribution through cable television systems and direct broadcast satellite operators primarily in the United States, Latin America, Europe, and Asia.

News Corp (NASDAQ:NWSA) (NASDAQ:NWS) is expected to record higher quarterly revenue but lower profit on Wednesday after the market closes. It marks one of the company’s last quarterly earnings releases before the planned spin-off of its publishing division this summer.

The consensus estimate suggests that earnings per share will come in at $0.36 compared to year-over-year earnings of $0.37 per share. This number is down from analysts’ estimates of $0.41 per share just 90 days ago. For the year, earnings are expected at $1.66 versus $1.41 a year ago.

For the quarter revenues are expected to $9.1 billion in revenues, up 8.6% from $8.4 billion. For the fiscal year, revenues are expected to climb to $35.46 billion up 5.2 percent from $33.71 billion in 2012.

Shutterstock Inc (NYSE:SSTK):

Shutterstock Inc (NYSE:SSTK) operates an online marketplace for commercial digital imagery. Its commercial digital imagery marketplace consists of licensed photographs, illustrations, and videos that companies use in their visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and video content.

A number of analysts are calling for the sale of Shutterstock Inc (NYSE:SSTK) as it trades near its 52-week high. The consensus estimate is calling for earnings of $0.16 per share for the quarter while earnings for the year are expected at $0.75 versus $1.17 last year. Revenues are expected to come in at $50.3 million for the quarter. For the fiscal year, revenues are expected to rise 28.5 percent to $218.03 million up from fiscal 2o12 sales of $169.62 million.

Delek US Holdings, Inc. (NYSE:DK):

Delek US Holdings, Inc. (NYSE:DK) operates as an integrated downstream energy company that operates in petroleum refining, logistics, and convenience store retailing businesses. Delek US Holdings, Inc. (NYSE:DK) is up close to 1 percent on the day before earnings are reported and is nearing its 52-week high on the week’s trading.

The consensus expects earnings of $1.17 per share for the quarter, up considerably from the year-to-year quarter that saw earnings of $0.79.

Revenues are anticipated at $2.01 billion down 7.6 percent from year-over-year quarter revenue of $2.17 billion. Analysts are looking for fiscal year revenues of $7.49 billion compared to last year’s sales of $8.73 billion, a drop of over 14 percent.



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