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CHICAGO, Nov. 21, 2011 /PRNewswire/ -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Analog Devices (NYSE: ADI), Deere (NYSE: DE), Hewlett-Packard (NYSE: HPQ), Medtronic (NYSE: MDT) and Tyson Foods (NYSE: TSN). To see more earnings analysis, visit http://at.zacks.com/?id=3207.
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Turkey, with Data Stuffing
There will only be a handful of firms reporting next week as the third quarter reporting season is almost over. A total of 70 firms are scheduled to report, including 8 of the S&P 500.
The firms reporting next week include: Analog Devices (NYSE: ADI), Deere (NYSE: DE), Hewlett-Packard (NYSE: HPQ), Medtronic (NYSE: MDT) and Tyson Foods (NYSE: TSN).
It will be effectively a short week, so all the data is jammed into the first three days. There is enough to keep the markets busy until everyone stops for turkey and football on Thursday.
The key reports start with existing home sales. On Tuesday we get the second look at GDP growth in the third quarter. We will also get the Fed minutes for the November 2 meeting. Things get very busy on Wednesday as initial claims get pushed forward a day and we get data on Personal Income and Spending, as well as new orders for Durable Goods.
While the market will be open on Friday, there will be little buying and selling going on at the corner of Broad and Wall -- the focus will be on all the buying in the malls with Black Friday. Europe does not share this holiday, so we will probably get more drama from that side of the pond as well.
Dirk Van Dijk, CFA, is the Chief Equity Strategist for Zacks.com.
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Contact: Dirk Van Dijk, CFA
Company: Zacks.com
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SOURCE Zacks Investment Research, Inc.
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