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 LDK Solar (NYS: LDK) reporting its quarterly results on Monday.
If you've been following any of the solar-energy companies reporting in recent weeks, you know that there have been storm clouds looming over the niche. The economic slowdown in China and the end of subsidies in Europe have turned many profits into deficits.
LDK will be next. Analysts see a loss of $0.85 a share for the quarter. It posted a whopping profit of $1.09 a share during the same period a year earlier.
Sirius XM Radio (NAS: SIRI) reports on Tuesday morning. The satellite-radio giant continues to grow its subscriber base, but this will be the first quarter since Sirius XM bumped rates higher for new subscribers in January.
Yelp (NAS: YELP) is one of the many companies reporting on Wednesday. The company has been a darling of the Web 2.0 revolution, using visitor-generated restaurant reviews to populate its sticky website and smartphone app with content. Wall Street expects a small loss for the quarter, though heady top-line growth can be a potent after-dinner mint.
LinkedIn (NAS: LNKD) , the social-networking website for career-oriented professionals, checks in on Thursday. Yes, LinkedIn trades at a rich valuation, but investors are paying a premium based on what the company will be able to do with its growing list of well-to-do white-collared pros.
The final trading day of the week is usually quiet, but that's certainly not the case during earnings season. One name to watch is Exelon (NYS: EXC) . The nuclear-energy powerhouse is expected to post a quarterly profit of $0.81 a share, short of the $1.17 it served up a year earlier.
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At the time this article was published The Motley Fool owns shares of LinkedIn.Motley Fool newsletter serviceshave recommended buying shares of Exelon and LinkedIn and creating a write covered straddle position in Exelon. 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.