Stocks to Watch: Whole Foods, Macy's, Time Warner
NEW YORK -- Whole Foods Market(WFM) is expected to report fiscal fourth-quarter earnings after Wednesday's closing bell, and analysts are calling for a profit of 60 cents a share in the September-ended period on revenue of $2.91 billion.
Shares of the supermarket operator have risen more than 40% so far in 2012.
Macy's (M) is expected by analysts Wednesday to post third-quarter earnings of 29 cents a share on revenue of $6.07 billion.
Time Warner (TWX) , the media giant, is seen earnings 82 cents a share on revenue of $6.9 billion in the third quarter, according to analysts.
Analysts forecast Kraft Foods (KRFT) , which reports Wednesday, to have earned 69 cents a share in the third quarter on revenue of $4.56 billion.
Reports are also expected Wednesday from Becton Dickinson(BDX) , Dynegy(DYN) , Hospira(HSP) , Leap Wireless(LEAP) , Orbitz Worldwide(OWW) , Sodastream International(SODA) , Tenet Healthcare(THC) , WellPoint(WLP) , Activision Blizzard(ATVI) , CBS(CBS) , Monster Worldwide(MNST) , Prudential Financial(PRU) , Qualcomm(QCOM) , and Rosetta Stone(RST) .
News Corp.(NWSA) on Tuesday posted fiscal first-quarter earnings of $2.23 billion, or 94 cents a share, on revenue of $8.14 billion, up from a year-earlier equivalent profit of $738 million, or 28 cents a share, on revenue of $7.96 billion.
Excluding items, News Corp. reported adjusted earnings of 43 cents a share, beating Wall Street's consensus view of 37 cents.