For Immediate Release
Chicago, IL – May 10, 2010 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Cisco (CSCO), Macy’s (M), Disney (DIS), J.C. Penny’s (JCP) and Kohl’s (KSS). To see more earnings analysis, visit http://at.zacks.com/?id=3207.
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Starting to Wind Down
Earnings season will start to wind down next week as 368 firms report (versus almost 1000 in each of the last two weeks), including 18 in the S&P 500. The list of companies reporting includes such heavy hitters as Cisco (CSCO), Macy’s (M), Disney (DIS), J.C. Penny’s (JCP) and Kohl’s (KSS).
The week will start out slow in terms of economic data but will build as the week wears on. Early in the week there will probably be nothing to distract investors from their focus on Greece and the rest of the PIIGS, but on Wednesday, both deficits, trade and budget will take center stage. Thursday has the always interesting weekly read on initial and continuing unemployment claims.
Friday is the big data day of the week as retail sales as well as the Industrial Production/Capacity Utilization report are released.
Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.
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Contact: Dirk Van Dijk, CFA
Company: Zacks.com
Phone: 312-265-9211
Email: pr@zacks.com
Visit: www.Zacks.com
