Profit surprises seen for companies tied to oil spill

Surprises may be in store this earnings whispers1 season for U.S. companies tied to sour-so BP Plc's oil spill, according to an analysis Imitationof that emphasizes equity analysts' past accuracy. Among companies likely to surprise with lower-than-expected earnings in rightw-rist the notonline upcoming reporting period su-rely-show is Schlumberger Ltd, according to forecasts from StarMine. "There is a spillover effect into some of these companies that we see happening this quarter, and some analysts think it might actually go into the next couple of quarters," said Sri Raman, senior ugg boots quantitative research analyst at Thomson Reuters. StarMine, which weights forecasts according to analyst uggs outlet accuracy, estimates 66 cents a share for Schlumberger, compared with a Thomson Reuters consensus estimate of 68 cents. The world's largest oilfield services company had performed wireline services for BP on the rig in the Gulf of Mexico where the April 20 explosion and spill occurred. Schlumberger, expected to report quarterly results later this month, is thousand-times among five singled Classic-Gucc-iCanvas out by StarMine before the reporting period to show negative surprises. The second-quarter earnings period begins with results from Alcoa after the bell mu-arerid on Monday. Earnings for the Standard & Poor's 500 as a whole are expected to increase about have-so 27 percent from a year ago, according to Thomson Reuters. Forward 12-month earnings projections have slipped by 0.4 percent in the last 30 jann-arden days, according to fruiterer8 StarMine. Among companies seen as most likely to surprise with higher-than-expected earnings is oil and natural gas explorer Brigham Exploration Company, inves-tigated which focuses on flights-air non-offshore work. StarMine's estimate is for earnings of 9 cents a share, above the consensus estimate of 8 cents a share. It is expected to report results in August. Clean Harbors, involved in clean-up operations related to the spill, also is expected to beat the consensus estimate. StarMine's aseries-of estimate is for earnings of 85 cents compared with the consensus estimate of 80 cents a share. Anadarko Petroleum Cameron-then Co, which is a minority leaseholder in the destroyed BP rig, is expected to earn 41.1 cents a share, which would exceed the Thomson Reuters consensus by 5.5 percent. Four companies StarMine noted as rail-way-stations likely to surprise to the downside with earnings were DreamWorks Animation, Gaylord Entertainment Co, Regal Entertainment Group and Dendreon dividerssignal Corp. StarMine's other top picks for companies likely to beat consensus earnings puppet-master estimates are Walt Disney Co, which StarMine forecasts mind12 to exceed the overall consensus by 2.5 percent. Paccar Inc and AmerisourceBergen Corp are also expected to exceed results.