Monday, August 22, 2011

5 Earnings Previews For Value Investors

via SeekingAlpha.com: Home Page by Vince Martin on 8/22/11

By Vince Martin:
Earnings season has pretty much come to an end, but there are still a few companies reporting earnings this week. Below are 5 companies reporting earnings this week that I follow through my value investing screens. Value investors may want to check back on the stocks this week to see if there is any news -- good or bad -- to consider these stocks as investments or remove them from their watchlists.
Medtronic (MDT): The stock has bounced off a 52-week low of $30.05 reached last week to close Friday at $31.29. Medtronic reports before the bell on Tuesday, with analysts expecting 79 cents per share on $4 billion in revenue.
MDT's recent slide has pushed its yield above 3%, and its trailing P/E below 11. The medical appliance maker has been buffeted by uncertainty in the US health care sector, yet has grown revenues and earnings strongly over the


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