BANK OF AMERICA: These 6 Companies Will Probably Miss Earnings This Quarter

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Earlier today we brought you a list of companies that Bank of America sees outperforming during earnings season, which kicks off tomorrow.

The investment bank also put out a screen for publicly traded companies it believes will miss consensus forecasts.

All six firms that made the list are sell rated by Bank of America and missed earnings estimates last quarter.

International Game Technology

Ticker: IGT

Consensus EPS & Sales: $0.26 per share on revenue of $524 million

Sector: Casinos and Gaming

Source: Bank of America Merrill Lynch

J.C. Penney Co.

Ticker: JCP

Consensus EPS & Sales: $0.02 per share on revenue of $3.6 billion

Sector: Retail

Source: Bank of America Merrill Lynch

Sunoco Inc.

Ticker: SUN

Consensus EPS & Sales: $0.05 per share on revenue of $6.0 billion

Sector: Oil & Gas

Source: Bank of America Merrill Lynch

VeriSign Inc.

Ticker: VRSN

Consensus EPS & Sales: $0.43 per share on revenue of $209 million

Sector: IT and Programming

Source: Bank of America Merrill Lynch

Advanced Micro Devices Inc.

Ticker: AMD

Consensus EPS & Sales: $0.09 per share on revenue of $1.5 billion

Sector: Semiconductor

Source: Bank of America Merrill Lynch

MetroPCS Communications Inc.

Ticker: PCS

Consensus EPS & Sales: $0.17 per share on revenue of $1.3 billion

Sector: Telecommunications

Source: Bank of America Merrill Lynch

Bank of America Predicts These Companies Will Beat Forecasts

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