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Joined: 2011-09-04 17:13
The Blackstone Group (BX), The PMI Group (PMI), Chubb (CB), Diamond Offshore (DO), Basic Energy Services (BAS) Earnings Preview
[b]The Blackstone Group L.P.[/b] ([url=http://seekingalpha.com/symbol/BX]BX[/url]) is scheduled to release last fiscal quarter's results before the opening bell on October 20, 2011. [b]Overview[/b] BX trades an average of 4.1 million shares per day. The Blackstone Group, L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. The company was founded in 1985 and is headquartered in New York, New York. [b]52 Week High: $19.63[/b] [b]52 Week Low: $10.51[/b] [b]Book Value: $4.10[/b] [b]Float Short: 2.80%[/b] On average, analysts are expecting a drop of [color=Red]$-0.37[/color] in earnings per share compared to last quarter's results of $0.63. Investors will be [b]looking to top $0.26 per share[/b], based on the estimated mean earnings. Analyst estimates range between $-0.08 and $0.46 per share. Relative to the earnings, investors have not been as aggressive accumulating shares, as the current trailing twelve months (ttm) P/E ratio is 80.3, while the forward P/E ratio is now 7.3. A falling PE ratio may signal a bargain for astute investors, or maybe time to move on. From a month ago, the stock has decreased in price -2.15%, with a one year change of 1.11%. When comparing to the S&P 500, the year to date difference is -0.92%. The bottom line has rising earnings year-over-year of $-370.03 million for 2010 vs. $-715.29 million for 2009. Gross reported revenue compared to the mean estimate (rounded). [table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 909.52 M[/td][td]$ 1.31 B[/td][td]$ 398.76 M[/td][td]43.84%[/td][/tr][tr][td]Mar-11[/td][td]$ 1.04 B[/td][td]$ 1.15 B[/td][td]$ 108.92 M[/td][td]10.43%[/td][/tr][tr][td]Dec-10[/td][td]$ 784.17 M[/td][td]$ 1.10 B[/td][td]$ 315.83 M[/td][td]40.28%[/td][/tr][tr][td]Sep-10[/td][td]$ 701.20 M[/td][td]$ 792.20 M[/td][td]$ 91.00 M[/td][td]12.98%[/td][/tr][tr][td]Jun-10[/td][td]$ 464.01 M[/td][td]$ 552.30 M[/td][td]$ 88.29 M[/td][td]19.03%[/td][/tr][/table]M = millions, B = billions Differences are rounded. (Some onetime items are often excluded in reported EPS) [img]http://www.paid2trade.com/SAForm/BarChartPics/BX-PerShareEarningsSurprises-10-17-11.png[/img] Reported earnings per share compared to the mean estimate. Differences are rounded. [img]http://www.paid2trade.com/SAForm/BarChartPics/BX-DaysToCoverData.php-10-17-11.png[/img] [b]The PMI Group, Inc.[/b] ([url=http://seekingalpha.com/symbol/PMI]PMI[/url]) is anticipated to report earnings before the opening bell on October 20, 2011. [b]Overview[/b] PMI trades an average of 2.6 million shares per day. The PMI Group, Inc., through its subsidiary, PMI Mortgage Insurance Co., provides residential mortgage insurance products to mortgage lenders and investors in the United States. The company was founded in 1972 and is headquartered in Walnut Creek, California. [b]52 Week High: $4.47[/b] [b]52 Week Low: $0.15[/b] [b]Book Value: $1.18[/b] [b]Float Short: 16.29%[/b] Analysts are expecting an improvement of $0.93 in earnings per share compared to last quarter's results of $-1.76. The [b]estimated mean earnings are $-0.83 per share[/b]. Analyst estimates range between $-1.21 and $-0.45 per share. Looking at the price movement over the last month, the stock has moved higher in price 27.98%, and changing from last year at this time -93.11%. When comparing to the S&P 500, the year to date difference is -90.97%. For the same fiscal period year-over-year, revenue has declined to $641.12 million for 2010 vs. $878 million for 2009. The bottom line has falling earnings year-over-year of $-773.03 million for 2010 vs. $-659.33 million for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $-799.36 million for 2010 vs. $-1.06 billion for 2009. [img]http://www.paid2trade.com/SAForm/BarChartPics/PMI-revgross-10-17-11.png[/img] Gross reported revenue compared to the mean estimate (rounded). [table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 164.37 M[/td][td]$ 125.60 M[/td][td][color=Red]$ -38.77 M[/color][/td][td]-23.59%[/td][/tr][tr][td]Mar-11[/td][td]$ 146.23 M[/td][td]$ 160.01 M[/td][td]$ 13.78 M[/td][td]9.42%[/td][/tr][tr][td]Dec-10[/td][td]$ 156.65 M[/td][td]$ 139.56 M[/td][td][color=Red]$ -17.09 M[/color][/td][td]-10.91%[/td][/tr][tr][td]Sep-10[/td][td]$ 177.62 M[/td][td]$ 232.89 M[/td][td]$ 55.27 M[/td][td]31.12%[/td][/tr][tr][td]Jun-10[/td][td]$ 171.38 M[/td][td]$ 128.91 M[/td][td][color=Red]$ -42.47 M[/color][/td][td]-24.78%[/td][/tr][/table]M = millions, B = billions Differences are rounded. (Some onetime items are often excluded in reported EPS) [img]http://www.paid2trade.com/SAForm/BarChartPics/PMI-PerShareEarningsSurprises-10-17-11.png[/img] Reported earnings per share compared to the mean estimate. Differences are rounded. [b]The Chubb Corporation[/b] ([url=http://seekingalpha.com/symbol/CB]CB[/url]) is expected to report earnings for last fiscal quarter after the closing bell on October 20, 2011. [b]Overview[/b] CB trades an average of 2.5 million shares per day. The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. The company was founded in 1882 and is based in Warren, New Jersey. [b]52 Week High: $66.00[/b] [b]52 Week Low: $55.39[/b] [b]Book Value: $55.23[/b] [b]Float Short: 3.38%[/b] On average, 19 analysts are expecting a drop of [color=Red]$-0.42[/color] in earnings per share compared to last quarter's results of $1.27. The reporting quarter's [b]estimated mean earnings are $0.85 per share[/b]. Analyst estimates range between $0.44 and $1.46 per share. The stock has moved higher in price 4.11% in the last month, and changing from last year at this time 9.43%. The stock has done well as compared to the overall market. When comparing to the S&P 500, the year to date difference is 8.27%. The company has rising revenue year-over-year of $13.32 billion for 2010 vs. $13.02 billion for 2009. The bottom line has falling earnings year-over-year of $2.17 billion for 2010 vs. $2.18 billion for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $2.99 billion for 2010 vs. $2.96 billion for 2009. [img]http://www.paid2trade.com/SAForm/BarChartPics/CB-revgross-10-17-11.png[/img] Gross reported revenue compared to the mean estimate (rounded). [table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 2.94 B[/td][td]$ 3.06 B[/td][td]$ 111.97 M[/td][td]3.8%[/td][/tr][tr][td]Mar-11[/td][td]$ 2.80 B[/td][td]$ 2.86 B[/td][td]$ 62.63 M[/td][td]2.24%[/td][/tr][tr][td]Dec-10[/td][td]$ 2.86 B[/td][td]$ 2.85 B[/td][td][color=Red]$ -8.01 M[/color][/td][td]-0.28%[/td][/tr][tr][td]Sep-10[/td][td]$ 2.70 B[/td][td]$ 2.73 B[/td][td]$ 30.40 M[/td][td]1.13%[/td][/tr][tr][td]Jun-10[/td][td]$ 2.80 B[/td][td]$ 2.89 B[/td][td]$ 81.51 M[/td][td]2.91%[/td][/tr][/table]M = millions, B = billions Differences are rounded. (Some onetime items are often excluded in reported EPS) [img]http://www.paid2trade.com/SAForm/BarChartPics/CB-PerShareEarningsSurprises-10-17-11.png[/img] Reported earnings per share compared to the mean estimate. Differences are rounded. [img]http://www.paid2trade.com/SAForm/BarChartPics/CB-ShortInterestData-10-17-11.png[/img] [img]http://www.paid2trade.com/SAForm/BarChartPics/CB-DaysToCoverData.php-10-17-11.png[/img] [b]Diamond Offshore Drilling, Inc.[/b] ([url=http://seekingalpha.com/symbol/DO]DO[/url]) is due to report earnings before the opening bell on October 20, 2011. [b]Overview[/b] DO trades an average of 2 million shares per day. Diamond Offshore Drilling, Inc., together with its subsidiaries, operates as an offshore oil and gas drilling contractor worldwide. The company was founded in 1989 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. [b]52 Week High: $79.69[/b] [b]52 Week Low: $51.16[/b] [b]Book Value: $29.78[/b] [b]Float Short: 8.44%[/b] On average, 24 analysts are expecting a drop of [color=Red]$-0.44[/color] in earnings per share compared to last quarter's results of $1.91. The [b]number to beat is $1.47 per share[/b], based on the estimated mean earnings. Analyst estimates range between $1.21 and $1.64 per share. From a month ago, the stock has decreased in price -4.99%, and -16.12% from one year ago. When comparing to the S&P 500, the year to date difference is -7.62%. The company has falling revenue year-over-year of $3.32 billion for 2010 vs. $3.63 billion for 2009. The bottom line has falling earnings year-over-year of $955.46 million for 2010 vs. $1.38 billion for 2009.The company's earnings before income and taxes are falling with an EBIT year-over-year of $1.43 billion for 2010 vs. $1.90 billion for 2009. [img]http://www.paid2trade.com/SAForm/BarChartPics/DO-revgross-10-17-11.png[/img] Gross reported revenue compared to the mean estimate (rounded). [table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 869.74 M[/td][td]$ 889.50 M[/td][td]$ 19.76 M[/td][td]2.27%[/td][/tr][tr][td]Mar-11[/td][td]$ 796.93 M[/td][td]$ 806.39 M[/td][td]$ 9.46 M[/td][td]1.19%[/td][/tr][tr][td]Dec-10[/td][td]$ 840.70 M[/td][td]$ 840.97 M[/td][td]$ 0.27 M[/td][td]0.03%[/td][/tr][tr][td]Sep-10[/td][td]$ 788.15 M[/td][td]$ 799.72 M[/td][td]$ 11.57 M[/td][td]1.47%[/td][/tr][tr][td]Jun-10[/td][td]$ 866.07 M[/td][td]$ 822.60 M[/td][td][color=Red]$ -43.47 M[/color][/td][td]-5.02%[/td][/tr][/table]M = millions, B = billions Differences are rounded. (Some onetime items are often excluded in reported EPS) [img]http://www.paid2trade.com/SAForm/BarChartPics/DO-PerShareEarningsSurprises-10-17-11.png[/img] Reported earnings per share compared to the mean estimate. Differences are rounded. [img]http://www.paid2trade.com/SAForm/BarChartPics/DO-ShortInterestData-10-17-11.png[/img] [img]http://www.paid2trade.com/SAForm/BarChartPics/DO-DaysToCoverData.php-10-17-11.png[/img] [b]Basic Energy Services, Inc[/b] ([url=http://seekingalpha.com/symbol/BAS]BAS[/url]) is due to report earnings after the closing bell on October 20, 2011. [b]Overview[/b] BAS trades an average of 1.7 million shares per day. Basic Energy Services, Inc. provides a range of well site services to oil and natural gas drilling and producing companies in the United States. The company is based in Midland, Texas. [b]52 Week High: $37.79[/b] [b]52 Week Low: $10.41[/b] [b]Book Value: $7.27[/b] [b]Float Short: 9.30%[/b] Analysts are expecting an improvement of $0.20 in earnings per share compared to last quarter's results of $0.45. A beat of $0.65 per share, will top the estimated per share earnings. Analyst estimates range between $0.48 and $0.76 per share. Looking at the price movement over the last month, the stock has fallen in price -6.32%, with a one year change of 73.28%. It is clear to see the stock is performing much better than the overall market with a relative double digit gain. When comparing to the S&P 500, the year to date difference is 16.41%. Revenue year-over-year has increased to $728.24 million for 2010 vs. $526.63 million for 2009. The bottom line has rising earnings year-over-year of $-43.56 million for 2010 vs. $-253.54 million for 2009.The company's earnings before income and taxes are rising with an EBIT year-over-year of $-24.26 million for 2010 vs. $-306.40 million for 2009. [img]http://www.paid2trade.com/SAForm/BarChartPics/BAS-revgross-10-17-11.png[/img] Gross reported revenue compared to the mean estimate (rounded). [table][tr][td]Fiscal Quarter Ending Month-Year[/td] [td]Revenue Estimates[/td] [td]Actual[/td] [td]$ Difference[/td] [td]Difference %[/td][/tr] [tr][td]Jun-11[/td][td]$ 289.91 M[/td][td]$ 296.86 M[/td][td]$ 6.95 M[/td][td]2.4%[/td][/tr][tr][td]Mar-11[/td][td]$ 225.42 M[/td][td]$ 246.05 M[/td][td]$ 20.63 M[/td][td]9.15%[/td][/tr][tr][td]Dec-10[/td][td]$ 205.97 M[/td][td]$ 212.88 M[/td][td]$ 6.91 M[/td][td]3.35%[/td][/tr][tr][td]Sep-10[/td][td]$ 190.77 M[/td][td]$ 197.26 M[/td][td]$ 6.49 M[/td][td]3.4%[/td][/tr][tr][td]Jun-10[/td][td]$ 159.56 M[/td][td]$ 175.13 M[/td][td]$ 15.57 M[/td][td]9.76%[/td][/tr][/table]M = millions, B = billions Differences are rounded. (Some onetime items are often excluded in reported EPS) [img]http://www.paid2trade.com/SAForm/BarChartPics/BAS-PerShareEarningsSurprises-10-17-11.png[/img] Reported earnings per share compared to the mean estimate. Differences are rounded. I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
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