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Article: Earnings Preview for Apr 6 - 10 - Earnings Preview

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Zacks Investment Research - Earnings Preview
Article date:
April 3, 2009
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Earnings Preview for Apr 6 - 10 - Earnings Preview

Family Dollar Stores, Inc. ( FDO ) could top expectations. Alcoa, Inc. ( AA ) could disappoint.

First-quarter earnings season "officially" starts on Tuesday afternoon with Alcoa's ( AA ) report.

Per share earnings for the S&P 500 ( SPX ) are projected to have fallen 13.9%. Median company earnings are likely to be worse, down 21%. (The difference is that median earnings are not weighted, whereas index earnings are.) More than 370 companies could report a year-over-year drop in profits.

The big keys for first-quarter earnings season will be whether actual results are not as bad as feared and how much ...

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