Earnings Preview 9/30/11
We are starting to see a few companies report their third quarter results (periods ending in August, September or October). Just a trickle so far, but those might provide some clues as to how well the rest of the market will fare in the upcoming earnings season.
There will be just 26 firms reporting, but 5 of those are in the SP 500. The firms reporting next week include Constellation Brands (NYSE: STZ – News), Costco (NasdaqGS: COST – News), Marriott (NYSE: MAR – News), Monsanto (NYSE: MON – News) and Yum! Brands (NYSE: YUM – News).
It will be an important for economic data. The focus will be Jobs-Jobs-Jobs, with the employment report due out at the end of the week. However, there are other important releases. We get both of the ISM indexes and auto sales
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