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Earnings Preview

Earnings Preview for Dec 29 - Jan 2

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December 26, 2008 |Comments: 0
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RICK | CALM | ONSM

The NYSE and the Nasdaq will close at 4 p.m. on both Dec 31 and Jan 2.

Only 3 companies are scheduled to report earnings: Cal-Maine Foods, Inc. (CALM), OnStream Media Corporation (ONSM) and Rick's Cabaret International, Inc. (RICK). All of them will report on Monday, Dec 29.

A sign of the times, 1 brokerage analyst recently cut his fiscal fourth-quarter estimates, and fiscal 2009 earnings estimates, on RICK. The consensus earnings estimate calls for the operator of gentleman's clubs to have earned just 23 cents last quarter, 2 cents below the average forecast of a month ago.

Weekly crude inventories and initial jobless claims will be released on Wednesday, Dec 31. No other economic data is scheduled for release.

Expect volume to be below average throughout the week.

Have a happy New Year.

Charles Rotblut, CFA is the senior market analyst for Zacks.com. He can be reached at crotblut@zacks.com.


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Earnings Calendar

Here is a list of companies that we have confirmed will report during the week of Dec 29 - Jan 21. Prices are as of Wednesday's, Dec 24, market close.

Company Ticker Zacks Consensus Estimate Year Ago Actual Last Qtr Surprise Report Date Report Time Price
Cal-Maine Foods CALM $1.26 $1.69 N/A 12/29/2008 BTO $29.74
Onstream Media ONSM ($0.03) ($0.04) (33.3%) 12/29/2008 AMC $0.26
Ricks Cabaret RICK $0.23 $0.19 -32.26% 12/29/2008 AMC $4.93

BMO = Before The Market Open, AMC = After Market Close

1Some of the companies listed in the earnings calendar may not be in the Zacks Rank universe.

Read the full analyst report on RICK

Read the full analyst report on CALM

Read the full analyst report on ONSM

 

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Market Summary Feb 10, 2012 13:35 pm ET
DJIA 12754.12  -136.34 -1.06%
NASD 2902.57  -24.66 -0.84%
S&P 500 1339.58  -12.37 -0.91%
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