Monday, 13 August 2012

Earning to Watch



Before Market Open, or BMO:
SYSCO Corporation (NYSE: SYY) is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company has a market capitalization of $16.81 billion. It is expected to report FY 2012 fourth-quarter EPS of 54 cents on revenue of $11.05 billion, compared with a profit of 57 cents per share on revenue of $10.43 billion in the year-ago period. Sysco is trading around $28.69 per share. So far this year, the stock has lost 2.18 percent.
After Market Close, or AMC:
Groupon Inc. (Nasdaq: GRPN) is a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. The company has a market capitalization of $4.3 billion. It is expected to report FY2012 second-quarter EPS of 3 cent on revenue of $573.13 million. Groupon turned a profit in the first quarter, making 2 cents a share on revenue of $59.28 million. Groupon is trading around $6.65 a share, which is 67 percent off its initial public offering price of $20 last November.

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