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Earnings Preview: Celgene Corporation (NASDAQ:CELG), Cabot Microelectronics Corporation (NASDAQ:CCMP), Cabelas Inc (NYSE:CAB)

Earnings Preview: Celgene Corporation (NASDAQ:CELG), Cabot Microelectronics Corporation (NASDAQ:CCMP), Cabelas Inc (NYSE:CAB)
Written by
Alex Carlson
Published on
October 20, 2014
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The September 2014, third quarter earnings per share for Celgene Corporation (NASDAQ:CELG) are forecasted by analysts on Wall Street to range between $0.88 and $1.03 per share and have a consensus of $0.95 per share. The consensus recommendation for the company is a buy. The recommendations made by twenty-five analysts evaluating Celgene Corporation (CELG) include ten strong buy, twelve buy, two hold and one underperform. The average consensus recommendation for the Biotechnology peer group is a buy.Over the past four weeks, one upward revision was made, while one analyst added an estimate over the past four weeks. The consensus earnings per share estimate has not moved in the last four weeks. The high estimate was $1.03 four weeks ago and $0.88 was the low estimate.Current quarter consensus estimate of $0.95 per share implies a change of 21.54% from the same quarter last year when Celgene earned $0.78 per share. Earnings for the peer group are projected to decline relative to the corresponding quarter last year but have been revised upward over the last four weeks.Wall Street is currently looking for earnings per share to range from $0.59 to $0.70 per share for Cabot Microelectronics Corporation (NASDAQ:CCMP) September 2014, fourth quarter, with a consensus of $0.63 per share. The consensus recommendation for Cabot Microelectronics Corporation (CCMP) is a buy. The recommendations from six analysts include two strong buy, two buy and two hold. The Semiconductor Manufacturing Equipment peer group has an average consensus recommendation of a buy.At the present time, six analysts provide Thomson Reuters I/B/E/S with earnings estimates. The consensus earnings per share estimate has not changed in the last four weeks. High estimate four weeks ago was $0.70 and the low estimate was $0.59.Current quarter consensus estimate of $0.63 per share implies a decrease of 9.57% from the same quarter last year when the company earned $0.70 per share. Peer group earnings are expected to rise over the the same quarter last year and have been revised downward over the last four weeks.The September 2014, third quarter earnings per share for Cabelas Inc (NYSE:CAB) are currently forecasted by financial analysts to range between $0.81 and $0.91 per share and have a consensus of $0.86 per share. The consensus recommendation for the company is a buy. The recommendations from fifteen analysts include eight strong buy, three buy and four hold. The Specialty Retailers peer group has an average consensus recommendation of a buy. EPSFifteen analysts are currently providing Thomson Reuters I/B/E/S with earnings estimates for Cabelas Inc (NYSE:CAB). Over the last four weeks, one downward revision was made. The consensus earnings per share estimate has not changed during the last four weeks. The high estimate four weeks ago was $0.91 and $0.81 was the low estimate.Current quarter consensus estimate of $0.86 per share implies a change of 22.43% from the same quarter last year when the company earned $0.70 per share. Peer group earnings are projected to decline relative to the the corresponding quarter last year and have been revised lower over the last four weeks.

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