Earnings To Watch Tuesday: Disney (DIS), DirecTV (DTV), Whole Foods (WFM)

  • 11 years ago
Wall Street was little changed early in the session on Monday after investors took a breather following the S&P's record run and the April Jobs report. On the earnings front for Monday, Sysco Corp. (NYSE: SYY) third-quarter earnings dropped 22 percent as the company reported higher expenses, while revenue missed expectations. Tyson Foods, Inc. (NYSE: TSN) came up short on beating the revenue expectations as the company revealed a worse-than-expected decline in second-quarter profit.Here's a preview of earnings reports to watch on Tuesday:Before the market opens Tuesday, economists polled by Thompson Reuters expect DirecTV (Nasdaq: DTV) to report first-quarter earnings of $1.08 per share, just up slightly from a profit of $1.07 a share in the year-ago period. After the bell Tuesday, The Walt Disney Company (NYSE: DIS) is forecast by Reuters to book second-quarter earnings-per-share of 76 cents compared with a profit of 58 cents in the year-ago period after revenue gains at the Parks and Resorts business and strong performance of the Media Networks division.Finally, Reuters analysts expect Whole Foods Market Inc. (Nasdaq: WFM) to reveal second-quarter EPS of 73 cents after effective inventory management and improved store-level performance. Jessica Menton for IBTimes TV reporting from the New York Stock Exchange.