BANK OF AMERICA: These 7 Stocks Should Miss Expectations This Earnings Season

dart board target miss

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Earnings season unofficially kicked off last night as aluminium giant Alcoa announced quarterly results that beat expectations.The stats clearly show that companies usually beat Wall Street’s earnings estimates.

But some companies will miss expectations.

Bank of America’s equity strategy team led by Savita Subramanian identified seven stocks that they expected to disappoint investors and miss earnings expectations.

These are all underperform-rated stocks with a track record of missing earnings and revenue expectations.

Nordstrom Inc.

Ticker: JWN

Consensus EPS & Sales: $0.73 per share on revenue of $2.9 billion

Sector: Consumer Discretionary

Source: Bank of America Merrill Lynch

Staples Inc.

Ticker: SPLS

Consensus EPS & Sales: $0.23 per share on revenue of $5.7 billion

Sector: Consumer Discretionary

Source: Bank of America Merrill Lynch

Molson Coors Brewing Company

Ticker: TAP

Consensus EPS & Sales: $1.20 per share on revenue of 935.5 million

Sector: Consumer Staples

Source: Bank of America Merrill Lynch

FMC Technologies Inc.

Ticker: FTI

Consensus EPS & Sales: $0.48 per share on revenue of $1.5 billion

Sector: Energy

Source: Bank of America Merrill Lynch

Plum Creek Timber Co.

Ticker: PCL

Consensus EPS & Sales: $0.18 per share on revenue of $273.2 million

Sector: Financials

Source: Bank of America Merrill Lynch

DENTSPLY International

Ticker: XRAY

Consensus EPS & Sales: $0.57 per share on revenue of 747.1 million

Sector: Health Care

Source: Bank of America Merrill Lynch

Rockwell Collins

Ticker: COL

Consensus EPS & Sales: $1.16 per share on revenue of $1.2 billion

Sector: Industrials

Source: Bank of America Merrill Lynch

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