7/06/2009

The earnings season starts

This week will officially kick off the earnings season. Around 18 companies are confirmed to release earnings this week. Alcoa , a component of S&P 500 will be the company in focus as it kicks off earnings season on Wednesday.
Other companies expected to release earnings this week are:
ISCA KED SHLM AA FDO NUHC PBG RODM RT WDFC COMS CAMP FCSX LWSN SGR TTO CREL INFY ZEP.

So far there have not been many earnings warnings. Which indicates there will be lot of earnings surprises. Earnings season offers number of profit opportunities as market reacts to earnings news and in many cases new stocks get noticed during the earnings season due to their earnings.

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