The Fool Looks Ahead
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The thrift-store operator and chain of auto-repair shops have little in common, but analysts do see both companies posting moderate earnings improvement.
Hooker Furniture (NAS: HOFT) pulls up a chair on Tuesday. The upholstered-furniture importer hit a rough patch recently. It went on a nasty streak where it badly missed Wall Street's bottom-line targets for five consecutive quarters, but Hooker bounced back three months ago.
Let's see if it can keep the new streak going.
Conn's (NAS: CONN) rings up its latest financials on Wednesday. Consumer electronics isn't a pretty place to be these days. Folks are buying gadgets online, and light media is getting a digital makeover. However, the pros do see Conn's cranking out a profit of $0.16 a share in its latest quarter, reversing a year-ago loss.
Conn's heading in the right direction on its income statement, but not so much for Smith & Wesson (NAS: SWHC) . The gun maker is forecasted to fire off a small deficit, reversing a modest profit during the same quarter last year.
The trading week wraps up with only a small number of companies on the earnings stage, with Titan Machinery (NAS: TITN) and Ferrellgas Partners (NYS: FGP) leading the way. Both companies are pegged to post improving bottom-line results, though in Ferrellgas' case, the propane gas and equipment distributor is simply expected to post a narrower deficit.
Until next week, I remain,
At the time this article was published Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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