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 new trading week kicks off with Citigroup (NYS: C) reporting its quarterly results. The "too big to fail" banker that unceremoniously flunked a part of a recent stress test hasn't been very popular with consumers ever since the bailouts began, but Wall Street does see it posting a meaty profit of $0.99 a share for the quarter.
Cree (NAS: CREE) follows with its latest financials on Tuesday. Analysts are holding out for a profit of $0.21 a share, shy of the $0.27 that the LED specialist rang up a year earlier.
eBay (NAS: EBAY) -- which really should rename itself PayPal at some point, since it's the financia- transaction platform and not the namesake marketplace that's been carrying the company lately -- checks in on Wednesday.
Riverbed Technologies (NAS: RVBD) steps up on Thursday. Riverbed may not be a household name, but the company has become the leader in wide area network optimization.
Wall Street believes that Riverbed will post a quarterly profit of $0.20 a share -- flat with last year's showing -- but the company has managed to land just ahead of analyst targets in nine of the past 10 quarters.
The final trading day of the week is usually quiet, but we're just breaking into earnings season now. There will be several companies reporting on Friday, but none bigger than General Electric (NYS: GE) . Can GE bring good things to life? We'll know for sure come Friday morning.
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At the time this article was published The Motley Fool owns shares of Citigroup.Motley Fool newsletter serviceshave recommended buying shares of Riverbed Technology and eBay, writing covered calls on Riverbed Technology, and writing puts on eBay. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.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.
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