Earnings Call Cheat Sheet: Centene, Sprint, more

Centene's St. Louis headquarters. | Courtesy of Creative Commons
Centene will hold its conference call at 8 a.m. Tuesday. | Courtesy of Creative Commons

Tuesday

Reinsurance Group of America

Earnings release at 3 p.m. on Monday, conference call at 8 a.m on Tuesday

Analyst expectations: The Chesterfield-based insurance company will release its forth-quarter financial results for the 2014 fiscal year after the market closes. Analysts expect the company to announce earnings of $2.11 per share and revenue of $2.74 billion for the quarter. In the last quarter, the company exceeded earnings expectations, reporting $2.31 earnings per share and revenue of $2.72 billion.

Recent news: In the past quarter, the company has acquired Aurora National Life Assurance Company, a wholly owned life insurance subsidiary of Swiss Re. The transaction is expected to close in early 2015.

Centene

Earnings release at 5 a.m., conference call at 7:30 a.m.

Analyst expectations: The St. Louis-based health care enterprise will release its financial results for the fourth quarter of fiscal 2014 before the market opens. Analysts expect Centene to post earnings of $1.69 per share and revenue of $4.61 billion for the quarter. In the most recent quarter, the company delivered better earnings per share than expected, posting EPS of $1.22.

Recent news: Centene last week announced its acquisition of Agate Resources, an Oregon-based holding company that offers an array of health care products and services. It was the second purchase of the year for Centene, following its acquisition of LiveHealthier, a health management adviser.

Arch Coal

Earnings release at 8:30 a.m., conference call at 10 a.m.

Analyst expectations: Arch Coal, the second major American coal producer, will release its financial results for the year ended Dec. 31 before the market opens.  Analysts’ consensus earnings per share forecast for the quarter is $-0.38. Earnings per share for the same quarter last year were $-0.45. Estimated revenue for the quarter is $729 million.

Recent news: Arch Coal lost 62% in 2014 due to various factors, including new EPA (Environmental Protection Agency) regulations, a slowing demand from China, and low natural gas prices. In December, the company filed comments expressing concerns about the EPA’s proposed Clean Power Plan, saying it would increasing the likelihood of “rolling blackouts or cascading outages.”

A Sprint store in Springfield | Nicole Lunger/Missouri Business Alert
Sprint will hold its conference call at 7:30 a.m. on Thursday. | Nicole Lunger/Missouri Business Alert

Thursday

Sprint

Earnings release at 6:30 a.m.conference call at 7:30 a.m.

Analyst expectations: The Overland Park, Kan.-based telecom company will announce its earnings results for the third fiscal quarter of 2014 before the market opens. Analysts expect Sprint to post a loss of $0.23 per share. For the period ending Sept. 30, the company reported a loss of $0.19 per share.

Recent news: Sprint recently launched a deal targeting customers of T-Mobile, offering at least $200 for trading in their smartphone and Up to $350 per line to cover switching fees. Last month, it was reported that Google would offer wireless phone service directly to consumers using Sprint’s network, which could become a new revenue stream for the telecom company.

Friday

Olin

Earnings release after the market closes on Thursday, conference call at 9 a.m. on Friday

Analyst expectations: Olin, the Clayton-based manufacturer of chemicals and ammunition, will review its fourth-quarter earnings before the market opens.  The consensus earnings per share forecast for the quarter is $0.22, and the revenue forecast is $532.5 million. In its third quarter, the company’s profits dropped 62 percent compared to the prior-year quarter.

Recent news: Olin announced in December that it plans to permanently close a portion of a Canadian facility. The move reduces the facility’s chlor alkali capacity by 185,000 tons and will result in approximately $10 million of additional pretax restructuring charges for the fourth quarter of 2014.


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