Investing

Next Week's Must See Earnings (YUM, STZ, COST, MON, MAR, PEP, AA, MU)

Next week will mark the unofficial start of earnings season.  While it will take another week or two for earnings to get into full swing, there are many key companies with earnings that can move sectors here.  Some of the influential companies reporting earnings are Yum! Brands, Inc. (NYSE: YUM), Constellation Brands (NYSE: STZ), Costco Wholesale Corporation (NASDAQ: COST), Monsanto Company (NYSE: MON), Marriott International Inc. (NYSE: MAR), PepsiCo, Inc. (NYSE: PEP), Alcoa Inc. (NYSE: AA), and Micron Technology Inc. (NASDAQ: MU) are all on deck for earnings.  We have compiled Thomson Reuters data and added in other color if and where applicable.

Tuesday, October 05

YUM! Brands (NYSE: YUM) reports Tuesday morning.  Thomson Reuters estimates today are $0.72 EPS and $2.87 billion in revenues; next quarter estimates are $0.59 EPS and $3.48 billion in revenues.  While we’ll be watching McDonald’s on this report, the company stock often acts on its own and it has more tied to China with KFC on top of issues with same store sales trends in America.  Shares are at $46.38 and the 52-week range is $32.49 to $46.91.

Wednesday October 6

Constellation Brands (NYSE: STZ) reports Wednesday before the open and Thomson Reuters estimates today are $0.49 EPS and $855 million in revenues; next quarter estimates are $0.62 EPS and $993.55 million in revenues.  At $17.72, the 52-week range is $14.60 to $18.87.

Costco Wholesale Corporation (NASDAQ: COST) reports Wednesday morning.  Thomson Reuters estimates today are $0.95 EPS and $24.23 billion in revenues; next quarter estimates are $0.67 EPS and $18.47 billion in revenues.  At $65.00, the 52-week range is $53.41 to $65.22.  Traders will look at BJ’s on this and then at the much larger Wal-Mart after that.

Monsanto Company (NYSE: MON) is due with earnings Wednesday and Thomson Reuters estimates are -$0.06 EPS and $1.82 billion in revenues; next quarter estimates are $0.04 EPS and $1.81 billion in revenues.  AT $48.05, the 52-week trading range is $44.61 to $87.06.  Monsanto’s crop issues with corn will come front and center and the pre-earnings juice does not show much love exists.

Marriott International Inc. (NYSE: MAR) is also on deck Wednesday with Thomson Reuters estimates today are $0.22 EPS and $2.65 billion in revenues; next quarter estimates are $0.36 EPS and $3.62 billion in revenues.  Shares are at $36.13 and the 52-week trading range is $24.47 to $38.15.

Thursday, October 07

PepsiCo, Inc. (NYSE: PEP) reports Thursday morning. Thomson Reuters estimates are $1.22 EPS and $15.36 billion in revenues; next quarter estimates are $1.08 EPS and $17.77 billion in revenues.  Shares are at $66.68 and the 52-week range is $58.27 to $67.61.  Coca-Cola will be the focus stock for any secondary reaction, obviously.

Alcoa Inc. (NYSE: AA) reports on Thursday after the close and this is the first DJIA component with earnings formally scheduled.  Traders and investors may again try to tie it the earnings season trend, although as always it is up for debate as to just how the tie really works.  Thomson Reuters estimates are $0.06 EPS and $4.95 billion in revenues; next quarter estimates are $0.14 EPS and $5.30 billion in revenues.  At $12.25, the 52-week trading range is $9.81 to $17.60 and keep in mind that shares are up about 20% over the last 3 month period.

Micron Technology Inc. (NASDAQ: MU) is due Thursday after the close.  Thomson Reuters estimates for the DRAm giant are $0.40 EPS and $2.67 billion in revenues; next quarter estimates are $0.41 EPS and $2.75 billion in revenues.  At $7.27, the 52-week trading range is $6.12 to $11.40.  Micron did not recoup all of its losses at all and Q3 was a down quarter for the stock.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.