The week in preview: Earnings season winds down - Trey Thoelcke

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The week in preview: Earnings season winds down
Mar 01, 2009 05:30 PM UTC

Trey Thoelcke

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Symbol	Sentiment	Start	Return	Closed
BIG	n/a
WEN	n/a
TSL	n/a
KCP	n/a
LVB	n/a
COST	n/a
CIEN	n/a
BMO	n/a
FL	n/a
LIZ	n/a
PETM	n/a

Via BloggingStocks:

Filed under: Earnings reports, Forecasts, Economic data

While the release of economic data doesn't stop next week (see economic schedule highlights below), the earnings season does wind down dramatically. Most of the S&P 500 companies already have reported on the past quarter, which means dismal earnings news is largely behind us, at least for a while. About the only companies of note expected by analysts surveyed by Thomson Reuters to report falling earnings this week are Costco Wholesale Corp. (NASDAQ: COST), Wendy's/Arby's Group Inc. (NYSE: WEN), Foot Locker Inc. (NYSE: FL), Bank of Montreal (NYSE: BMO), and Steinway Musical Instruments Inc. (NYSE: LVB).

While PetSmart Inc. (NASDAQ: PETM) and Big Lots Inc. (NYSE: BIG) quarterly profits are expected to be about the same as a year ago, Liz Claiborne Inc. (NYSE: LIZ), Kenneth Cole Productions Inc. (NYSE: KCP), Ciena Corp. (NASDAQ: CIEN), and Trina Solar Ltd. (NYSE: TSL) are expected to have swung to losses in the most recent quarter.

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The week in preview: Earnings season winds down originally appeared on BloggingStocks on Sun, 01 Mar 2009 12:30:00 EST. Please see our terms for use of feeds.

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