Earnings Previews: British American Tobacco, Yelp, RGR, CBS, AB

Earnings Previews: British American Tobacco, Yelp, RGR, CBS, AB

The following five companies will be reporting their earnings tomorrow as earnings season slows down. The five previews below will look at consensus estimates provided by Zacks.

Earnings Previews: British American Tobacco, Yelp, RGR, CBS, AB

Earnings Previews

British American Tobacco PLC (BTI)

British American Tobacco PLC (NYSEMKT:BTI) (LON:BATS), through its subsidiaries, engages in the manufacture, distribution, and sale of tobacco and nicotine products. It provides cigarettes, cigars, smokeless snus, roll-your-own, and pipe tobacco products. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, John Player, State Express 555, Benson & Hedges, Captain Black, and Dunhill brands. British American Tobacco p.l.c. sells its products in the Asia-Pacific, the Americas, Eastern and Western Europe, Africa, and the Middle East. The company was founded in 1902 and is headquartered in London, the United Kingdom.

In addition to reporting earnings tomorrow, British American Tobacco PLC (NYSEMKT:BTI) (LON:BATS) will begin selling electronic cigarettes in the U.K. tomorrow.

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There are presently no estimates available for quarterly earnings tomorrow, but the consensus is calling for fiscal year earnings of $6.80 compared to earnings of $6.58 the year prior.

Fiscal year sales are expected to be down a touch over six percent with sales of $23.81 compared to year-over-year sales of $25.35 billion.

Yelp Inc (YELP)

Yelp Inc (NYSE:YELP) operates Yelp.com, an online urban city guide that helps people find places to eat, shop, drink, relax, and play based on the informed opinions of a community of locals in the know. It offers information relating to restaurants, shopping, food, nightlife, arts and entertainment, local flavor, public services and government, active life, event planning and services, hotels and travel, beauty and spas, education, health and medical, local services, home services, religious organizations, professional services, mass media, automotive, pets, financial services, and real estate.

While Yelp Inc (NYSE:YELP) finished down for the day, the stock got within $0.15 of its 52-week high reaching $42.65. The stock has traded as low as $16.62 in the last year.

Despite massive revenue gains, Yelp is expected to widen its losses when it reports tomorrow. The consensus is calling for a loss of $0.04 per share compared to the corresponding quarter’s loss of $0.03. For the fiscal year Yelp should report a loss of $0.15 compared to a loss of $0.33 the year prior.

Revenue for the quarter is anticipated at $53.29 million up a massive 63.2% from the year-over-year quarter. On the year, revenue is expected to reach $219.68 million up nearly 60% from the fiscal year prior when Yelp reported sales of $137.57 million.

Sturm, Ruger & Company (RGR)

Sturm, Ruger & Company (NYSE:RGR) engages in the design, manufacture, and sale of firearms in the United States. The company offers single-shot, auto loading, bolt-action, and sporting rifles; single-action and double-action revolvers; and rim fire auto loading and center fire auto loading pistols. It also provides accessories and replacement parts for its firearms. In addition, the company provides investment castings made from steel alloys directly or through manufacturers’ representatives.

Ruger had a fine day before earnings tomorrow with the stock gaining over a full percentage point.

Analysts are expecting the company to book a profit of $1.18 a share, up from $0.91 a year ago. The consensus estimate hasn’t changed over the past month, but it’s up from three months ago when it was $1.01. Analysts are projecting earnings of $4.20 per share for the fiscal year compared to the year prior when it showed earnings of $3.60.  Revenue is projected to be $154.7 million for the quarter, 29% above the year-earlier total of $119.6 million. For the year, revenue is projected to roll in at $584.6 million up nearly 19% from sales of $491.82 million the year prior.

CBS Corporation (CBS)

CBS Corporation (NYSE:CBS) operates as a mass media company in the United States and internationally. It operates in five segments: Entertainment, Cable Networks, Publishing, Local Broadcasting, and Outdoor Americas. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, including comedy and drama series, reality-based programming, specials, children’s programs, daytime dramas, game shows, and late-night programs; produces and distributes theatrical motion pictures; and operates online content networks for information and entertainment.

The consensus is calling for quarterly earnings of $0.72 compared to year-over-year earnings 0f $0.65. For the fiscal year analysts are predicting earnings of $3.05, up considerably from the prior year’s earnings of $2.55.

Revenue is expected to reach $3.52 billion for the quarter. For the fiscal year analysts are anticipating sales of $14.88 billion up 5.6% from sales of $14.09 billion the year prior.

AllianceBernstein Holding LP (AB)

AllianceBernstein Holding LP (NYSE:AB) provides investment management and related services in the United States and internationally. It offers institutional services, including separately-managed accounts, sub-advisory relationships, structured products, collective investment trusts, mutual funds, hedge funds, and other investment vehicles to unaffiliated corporate and public employee pension funds, endowment funds, domestic and foreign institutions, and governments.

Analysts are calling for quarterly earnings of $0.38 up considerably from the corresponding quarter’s earnings of $0.24. For the fiscal year, the consensus expects earnings of $1.55 up from $1.28 the year prior.

Revenue for the quarter is expected to reach $723.13 million up 12.6% from sales of $642.16 million in the corresponding quarter. For the fiscal year analysts expect sales of $2.91 billion, up 6.8% from the year prior when sales of $2.74 billion were seen.

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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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