Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
Login | What's Hot
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Friday, July 10, 2009
Rick Aristotle Munarriz :: Townhall.com Columnist
7 Reasons to Worry About Next Week
by Rick Aristotle Munarriz
Forward Print Share Single Page
Vote on It:
Average Vote:
[+] Text [-]
 
 
Poll
Will the Dems' health care Christmas Present to America be an improvement or detriment to our health care system?


Earnings season is coming. Run for your lives!

I don't need to tell you that the economy is still in a funk, and that many of the companies in your own portfolio are struggling these days.

Notice that I said companies, and not stocks, because there is a difference. Stocks have been rallying since mid-March, but the fundamentals haven't caught up to justify some of their gains.

You will see this truth unfold next week, when several beloved bellwethers are expected to post lower earnings than they did a year ago. Let's go over a few of the blue chips and seemingly recession-proof companies that have generated gloomy bottom-line forecasts from analysts for next week. Some of the names may surprise you.

Company

Latest Quarter EPS (Estimated)

Year-Ago Quarter EPS

Yum! Brands (NYSE: YUM)

$0.43

$0.45

JPMorgan Chase (NYSE: JPM)

$0.04

$0.54

Nokia (NYSE: NOK)

$0.18

$0.56

Cintas (Nasdaq: CTAS)

$0.37

$0.58

Intel (Nasdaq: INTC)

$0.07

$0.28

Johnson & Johnson (NYSE: JNJ)

$1.11 Continued...
1 2
| Full Article & Comments | Next >
Share:
Forward Print Single Page
Vote on It:
Average Vote:
 
About The Author

Join The Debate!

Post Your Comment
(0 comments so Far)
View in ascending order     View in descending order
Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
 *
State:
 *
Zip:
 *
Phone:
       
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.