Posted 02/01/2014 08:02 AM ET
Earnings results have been mixed so far, with many retailers posting weaker-than-expected results from a tough holiday season while tech and financial giants have led earnings growth.
But IBD 50 companies Manhattan Associates (MANH), Web.com (WWWW), Green Mountain Coffee Roasters (GMCR), Michael Kors (KORS), and Perrigo (PRGO) are all expected to post strong results when they announce earnings this week.
The IBD 50 features companies with top fundamentals showing strong relative price strength in the market.
Manhattan Associates, ranked 15 on the IBD 50, develops supply-chain management software. The company is slated to report Q4 results Tuesday. Analysts expect earnings to jump 22.2% to 22 cents per share and revenue to climb 8.4% to $103.36 million.
Analysts have noted the company's ability to drive earnings growth despite weak product sales. Its supply-chain management software also has caught on with a growing number of companies, particularly retailers that need to ensure their products are in the right place to meet demand, market tracker Gartner has said.
But management has warned near-term growth could be affected by the uncertain macro-economy.
Web.com Group is next on the list, ranked at No. 16. The company, which helps small businesses build websites and use social media to boost sales, is slated to announce results Thursday.
Web.com is seen reporting a 26.7% rise in EPS to 57 cents and a 10.6% rise in revenue to $139.4 million.
It gets the most of its revenue selling subscription-based Web solutions, and those customers come via aggressive marketing that analysts say has helped drive subscription growth rates higher than anticipated.
Green Mountain Coffee Roasters, the maker of Keurig coffee makers, is ranked No. 21. The company is slated to report Wednesday. Analysts expect an 18.4% rise in earnings to 90 cents per share, the slowest growth in five quarters. Revenue is seen rising 4.5% to $1.4 billion.
Future revenue could get a boost from the new Keurig 2.0, which was unveiled recently and can brew a single cup or a whole pot of coffee.
"We believe the new brewer will appeal to a broader set of consumers and has the ability to increase the attachment rate," said KeyBanc analyst Akshay Jagdale in a recent note.
Green Mountain has also said the new Keurig could spur more licensing deals for its coffee packets, which account for most of its revenue.
After patents on its K-cup coffee pods expired in September 2012, the company has been looking for ways to differentiate itself from the competition as grocery stores began selling cheaper unlicensed coffee pods that fit into Keurig devices.
Read More At Investor's Business Daily: http://news.investors.com/business/020114-688550-michael-kors-green-mountain-top-earnings-this-week.htm#ixzz2sBtgB7gH
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