3 More FTSE 100 Shares for the Week Ahead

Updated

LONDON -- The busiest period of the year for full-year results continues as a host of major companies with years ending December and January open their books to us. We've already looked at a number of FTSE 100 companies scheduled to release results next week, and here are three more, all due to report on Thursday.

Aviva
Results from Aviva should be with us on Thursday. At 353 pence, the share price is up 38% from its June low of 255 pence, though it is down 5% over the past 12 months and down 3.4 pence today.

After years of falling earnings, the year to December 2012 is forecast to see a recovery back up near to pre-slump levels, with about 42 pence per share expected, putting the shares on a price-to-earnings ratio of 8.3. But having said that, individual analysts' predictions are all over the show, so the so-called "consensus" is actually close to meaningless. The one thing they do seem to agree on is a dividend of about 26 pence per share, representing a yield of 7.4%. But that is very high, and whether it is sustainable is anybody's guess.


IMI
Industrial engineer IMI is next up on Thursday, and we should be expecting another decent year. Earnings for December 2012 should actually be pretty flat, but we should see an 8% rise in the full-year dividend to 32.5 pence per share (for a yield of 2.7%).

At the interim stage in November, we were told that performance was in line with expectations and that revenue for the 10 months to the end of October was 4% ahead of the previous year. With the second half being seasonally stronger in cash terms, IMI expects to end the year with net debt of between 150 million pounds and 170 million pounds.

IMI shares have had a strong run since last summer, gaining 57% since a July low of about 775 pence to 1,216 pence today.

Schroders
The last of our trio is investment manager Schroders, with full-year results due on the same day. Schroders shares have also had a good run, climbing from May 2012 levels of about 1,165 pence to 1,968 pence today -- a gain of nearly 70%.

Like many in the financial sector, Schroders has recovered well since the days of the financial crisis, with profit already back up to precrash levels. For 2012 there is a fall in earnings of around 10% expected, but the dividend should be up by around 4% to the 40 pence per-share mark.

The nine months to September 2012 saw a fall in pre-tax profit from 317.3 million pounds to 266 million pounds, but the firm reported net inflows of 5.3 billion pounds (against 5.1 billion pounds for the same period in 2011), with assets under management up from 194.6 billion pounds to 202.8 billion pounds.

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The article 3 More FTSE 100 Shares for the Week Ahead originally appeared on Fool.com.

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