Zacks Earnings Preview: Activision, Bunge Limited, EOG Resources, Equifax and Harman International

Business Wire, Feb 4, 2008

Equifax (NYSE: EFX) recently reaffirmed its 2007 guidance for profits between $2.29 and $2.31 per share. Though the full-year consensus estimate remained unchanged at $2.30 per share, two brokerage analysts did raise their fourth-quarter projections. The new consensus estimate calls for earnings per share of 57 cents, a penny above the month-old forecast. The credit reporting firm topped expectations during each of the past three consecutive quarters. Equifax is scheduled to report on Tuesday, Feb 5, before the start of trading.

Companies That Could Issue Negative Earnings Surprises during the Week of Feb 4 - 8

Harman International (NYSE: HAR) cut its fiscal 2008 guidance last month because of price competition within the GPS market. Two of the three covering brokerage analysts lowered their fiscal second-quarter projections. The revised consensus estimate calls for profits of 76 cents per share, a 36-cent reduction from a month ago. HAR has missed twice during the past four quarters.

Charles Rotblut, CFA is the senior market analyst for Zacks.com.

Want to turn earnings surprises into quick profits? Learn how by visiting http://at.zacks.com/?id=3206.

About the Zacks Rank

Since 1988, the Zacks Rank has proven that "Earnings estimate revisions are the most powerful force impacting stock prices." Since inception in 1988, #1 Rank stocks have generated an average annual return of 32%. During the 2000-2002 bear market, Zacks #1 Rank stocks gained 43.8%, while the S&P 500 tumbled -37.6%. Also note that the Zacks Rank system has just as many Strong Sell recommendations (Rank #5) as Strong Buy recommendations (Rank #1). Since 1988, Zacks Rank #5 stocks have underperformed the S&P 500 by 129% annually ( 5% versus 12%). Thus, the Zacks Rank system allows investors to truly manage portfolio trading effectively.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Subscribe to this free newsletter today by visiting http://at.zacks.com/?id=3567.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros by going to http://at.zacks.com/?id=3568.

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.