More quarterly earnings reports are due this week. We’re expecting reports from Telefonica S.A. (NYSE:TEF), Tim Hortons Inc. (NYSE:THI) (TSE:THI), Cognizant Technology Solutions Corp (NASDAQ:CTSH), Toyota Motor Corporation (NYSE:TM) and AOL, Inc. (NYSE:AOL).
Telefonica S.A. (NYSE:TEF)
A consensus of analysts polled by Bloomberg Businessweek indicates expectations of $1.42 in earnings per share for the full year on €59.7 billion in revenue for the full year. Reuters’ consensus indicates expectations of €954 million in net profits on revenue of €14.2 billion in revenue for the first quarter.
The company’s Brazilian operations reported a decrease in net profit for the first three months of the year because of increases in operational costs and depreciation. Its Czech operations also reported falling net profits for the first quarter of the year. The company attributed that decrease to overhaul costs.
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Tim Hortons Inc. (NYSE:THI) (TSE:THI)
A consensus of analysts polled by Bloomberg Businessweek indicate that Tim Hortons Inc. (NYSE:THI) (TSE:THI) is expected to report 62 cents per share (Canadian) on revenue of $749 million (Canadian). There have been small negative surprises and one positive surprise in the company’s last five quarters.
Earlier this month, Highfields Capital put out a press release saying that it wants Tim Hortons Inc. (NYSE:THI) (TSE:THI) to spin off or sell its distribution business, create a trust for its property assets and bring in new directors. Shares rose after the release came out.
Cognizant Technology Solutions Corp (NASDAQ:CTSH)
Analysts are predicting that Cognizant Technology Solutions Corp (NASDAQ:CTSH) will report first-quarter earnings per share of 93 cents on revenue of $2 billion from the first quarter of the year. The company’s revenue and earnings per share have grown slowly but steadily over the last five quarters. Its earnings per share results have been just above consensus for the last five quarters.
Toyota Motor Corporation (NYSE:TM)
A consensus of analysts polled by Bloomberg Businessweek indicates that analysts are predicting quarterly revenue of 5.9 trillion yen and full-year revenue of 22.1 trillion yen.
Toyota appears to be losing market share in recent months. There’s speculation that Ford Motor Company (NYSE:F) will actually overtake the Japanese automaker in total hybrid sales. However, earlier this year the company increased its net profit guidance for the year through March to 860 billion yen.
AOL, Inc. (NYSE:AOL)
AOL, Inc. (NYSE:AOL) is expected to report first quarter earnings of 45 cents per share on revenue of $542 million. The company has surprised positively in four of the last five quarters. Its revenue has been fairly consistent over the last five quarters, although its fourth quarter revenue was the highest its quarterly revenue has been in a year.