Stocks to Watch: Disney, Groupon, Qualcomm
NEW YORK -- Walt Disney(DIS) is slated to report its fiscal fourth-quarter results after Thursday's closing bell and analysts are calling for earnings of 68 cents a share in the September-ended period on revenue of $10.92 billion.
Goldman Sachs reiterated its buy rating on Disney shares this week and lifted earnings estimates for fiscal 2013 and 2014 by 1%.
Shares of Disney have risen 33% so far in 2012.
Groupon(GRPN) , the online deals company, is forecast by analysts Thursday to post a profit of 3 cents a share in the third quarter on revenue of $590.1 million.
Activision Blizzard(ATVI) on Wednesday topped Wall Street's profit view on the strength of its latest "World of Warcraft" release, "The Mists of Pandaria" and its "Skylanders" franchise.
Qualcomm(QCOM) , the chipmaker, easily beat Wall Street's consensus profit view on Wednesday and forecast non-GAAP earnings of $1.08 to $1.16 a share on revenue ranging from $5.6 billion to $6.1 billion for its fiscal first quarter.
Whole Foods Market(WFM) reported an in-line profit for its fiscal fourth quarter and announced Wednesday it raised its quarterly dividend by 40% to 20 cents a share.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel
>To submit a news tip, send an email to: firstname.lastname@example.org.