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Nike And BlackBerry Highlight Another Quiet Earnings Week

BlackBerry NASDAQ:BBRY, Nike, Inc. NYSE:NKE - Nike And BlackBerry Highlight Another Quiet Earnings Week

As the calendar quarter winds down, it will be another fairly quiet week on the earnings front.

Wall Street analysts by and large expect to see at least a little growth in earnings from packaged foods giants ConAgra Foods Inc CAG 1.24% and General Mills, Inc. GIS 1.58% when they share their latest quarterly results this week.

Perhaps the most anticipated reports for the week will come from BlackBerry Ltd BBRY 0.92% and Nike Inc NKE 0.19%. Consensus forecasts call for a net loss from the former and top- and bottom-line growth from the latter.

In addition, strong revenue growth at homebuilder KB Home KBH 3.1% is expected to be offset by dwindling earnings.

Here is a quick look at what is expected from these and a few of the week's other most prominent reports.

BlackBerry

This Ontario-based company will post a net loss of $0.05 per share for its fiscal second quarter, if Estimize's consensus forecast is accurate. That compares to a $0.02 per share loss in the same period of last year. Note that Wall Street is more pessimistic, with a consensus forecast of -$0.09 per share.

The 35 Estimize survey respondents see revenue for the three months that ended in August having fallen from $916.00 million in the year-ago quarter to $611.67 million. Again, that is a little more...


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