Bank Of America Says These 12 Stocks Could Miss Earnings

Loser lame symbol fingers L forehead

Photo: L Marie via Flickr

Earnings season started Tuesday, when Alcoa announced its quarterly results after the closing bell.The aluminium giant had revenues that beat expectations while earnings came right in line.

How about the other 499 of the S&P 500 companies?

Bank of America’s equity strategy team, led by Savita Subramanian, identified 12 stocks that they believe will most likely miss consensus forecasts this quarter.

Among other things, these are all sell-rated stocks that missed consensus estimates for either earnings or revenue in the previous quarter.

Genuine Parts Co.

Ticker: GPC

Consensus EPS & Sales: $0.93 per share on revenue of $3.2 billion

Sector: Consumer Discretionary

Source: Bank of America Merrill Lynch, Yahoo Finance

JC Penny Co. Inc.

Ticker: JCP

Consensus EPS & Sales: $0.01 per share on revenue of $4.27 billion

Sector: Consumer Discretionary

Source: Bank of America Merrill Lynch, Yahoo Finance

Staples Inc.

Ticker: SPLS

Consensus EPS & Sales: $0.45 per share on revenue of $6.7 billion

Sector: Consumer Discretionary

Source: Bank of America Merrill Lynch, Yahoo Finance

Archer Daniels Midland Co.

Ticker: ADM

Consensus EPS & Sales: $0.55 per share on revenue of $23.67 billion

Sector: Consumer Staples

Source: Bank of America Merrill Lynch, Yahoo Finance

Clorox Co.

Ticker: CLX

Consensus EPS & Sales: $0.80 per share on revenue of $1.26 billion

Sector: Consumer Staples

Source: Bank of America Merrill Lynch, Yahoo Finance

Tyson Foods

Ticker: TSN

Consensus EPS & Sales: $0.39 per share on revenue of $8.58 billion

Sector: Consumer Staples

Source: Bank of America Merrill Lynch, Yahoo Finance

Dentsply International Inc.

Ticker: XRAY

Consensus EPS & Sales: $0.56 per share on revenue of $748.75 million

Sector: Health Care

Source: Bank of America Merrill Lynch, Yahoo Finance

Northrop Grumman Corp.

Ticker: NOC

Consensus EPS & Sales: $1.74 per share on revenue of $6.34 billion

Sector: Industrials

Source: Bank of America Merrill Lynch, Yahoo Finance

Rockwell Collins Inc.

Ticker: COL

Consensus EPS & Sales: $0.90 per share on revenue of $1.04 billion

Sector: Industrials

Source: Bank of America Merrill Lynch, Yahoo Finance

Southwest Airlines Co.

Ticker: LUV

Consensus EPS & Sales: $0.08 per share on revenue of $4.22 billion

Sector: Industrials

Source: Bank of America Merrill Lynch, Yahoo Finance

Praxair Inc.

Ticker: PX

Consensus EPS & Sales: $1.38 per share on revenue of $2.78 billion

Sector: Materials

Source: Bank of America Merrill Lynch, Yahoo Finance

Sherwin-Williams Co.

Ticker: SHW

Consensus EPS & Sales: $1.16 per share on revenue of $2.19 billion

Sector: Materials

Source: Bank of America Merrill Lynch, Yahoo Finance

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