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Tuesday, March 27, 2012

Today's Earnings Preview: (NYSE: RBN), (NYSE: PVH), (NYSE: WAG), (NYSE: SNX), (NYSE: LEN)

Robbins and Myers Inc (NYSE: RBN) is expected to earn $0.74 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.70 per share to as high as $0.78 per share. For the same quarter last year, the company earned $0.62 per share. Revenues are expected to come in at $238.26M. Shares of Robbins and Myers Inc fell by 0.17% or $-0.08/share to $45.94. In the past year, the shares have traded as low as $31.54 and as high as $55.63. On average, 499573 shares of RBN exchange hands on a given day and today's volume is recorded at 536088. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $46.63 area where the stock may encounter resistance.

PVH Corp (NYSE: PVH) is expected to earn $1.10 per share for quarter ended Jan 2012. Estimates from Wall Street analysts ranged from as low as $1.04 per share to as high as $1.12 per share. For the same quarter last year, the company earned $0.93 per share. Revenues are expected to come in at $1.50B. Shares of PVH Corp fell by 0.65% or $-0.59/share to $90.24. In the past year, the shares have traded as low as $51.15 and as high as $92.13. On average, 747952 shares of PVH exchange hands on a given day and today's volume is recorded at 587293. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $84.77 area where the stock will likely see buying pressure.

Walgreen Co (NYSE: WAG) is expected to earn $0.77 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.72 per share to as high as $0.80 per share. For the same quarter last year, the company earned $0.80 per share. Revenues are expected to come in at $18.52B. Shares of Walgreen Co traded higher by 0.99% or $0.34/share to $34.71. In the past year, the shares have traded as low as $30.34 and as high as $45.34. On average, 8741380 shares of WAG exchange hands on a given day and today's volume is recorded at 8609198. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $33.71 area where the stock will likely see buying pressure.

SYNNEX Corp (NYSE: SNX) is expected to earn $0.92 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $0.90 per share to as high as $0.95 per share. For the same quarter last year, the company earned $0.82 per share. Revenues are expected to come in at $2.55B. Shares of SYNNEX Corp traded higher by 0.07% or $0.03/share to $43.92. In the past year, the shares have traded as low as $22.56 and as high as $43.99. On average, 344424 shares of SNX exchange hands on a given day and today's volume is recorded at 155483. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $40.85 area where the stock will likely see buying pressure.

Lennar Corp (NYSE: LEN) is expected to earn $0.04 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $-0.04 per share to as high as $0.15 per share. For the same quarter last year, the company earned $0.14 per share. Revenues are expected to come in at $699.38M. Shares of Lennar Corp traded higher by 4.43% or $1.17/share to $27.57. In the past year, the shares have traded as low as $12.14 and as high as $27.07. On average, 6166880 shares of LEN exchange hands on a given day and today's volume is recorded at 12405569. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $24.22 area where the stock will likely see buying pressure.