By
Rick Aristotle Munarriz
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August 21, 2010
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Monday
China's CNinsure (Nasdaq: CISG ) kicks off the new week of earnings reports.
CNinsure sells property, casualty, and life insurance in China. Ho-hum fare? Well, there is no such thing as a boring industry in China's booming economy. Revenue and earnings soared by 37% and 55%, respectively, last year. It gives CNinsure something to build on this year.
Tuesday
Daktronics (Nasdaq: DAKT ) makes electronic scoreboards and other large display systems, but it probably won't want to shine a bright light on its latest quarterly performance. The pros expect a small deficit for the period, reversing a year-ago profit.
Wednesday
Ituran Location Control (Nasdaq: ITRN ) and Guess? (NYSE: GES ) are among a handful of companies stepping onto the quarterly earnings stage Wednesday. Wall Street's optimistic, expecting both companies to deliver higher net income than they did last year.
Thursday
Novell (Nasdaq: NOVL ) and A-Power (Nasdaq: APWR ) check in Thursday. The two companies are in entirely different sectors -- Novell is the former networking darling while A-Power's specialty is wind turbines -- but they have one thing in common. Both are projected to post flat earnings growth Thursday.
Friday
If you love the week so much that you want to put a ring on it, Tiffany (NYSE: TIF ) can help. The upscale jeweler reports Friday, and should provide a good glimpse at consumer discretionary trends among the well-to-do.
Until next week, I remain,
Rick Munarriz
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