BRAND COMPANIES <BRAN> SEES FIRST QUARTER LOSS Brand Companies Inc said it expects to report a 1987 first quarter loss of 15 to 17 cts a share on revenues of 20 to 22 mln dlrs. In the 1986 first quarter, Brand reported earnings of 21 cts on revenues of 28.5 mln dlrs. No reason was given for the expected loss. Final quarterly results will be reported toward the end of the month or the beginning of May, a company spokesman said.