
Adobe Systems Inc. (NASDAQ: ADBE) reports on Tuesday afternoon after the close. The software player is down only $3 from its 52-week high and estimates call for earnings per share (EPS) of $0.25 and $973.1 million in revenue. Estimates for the coming quarter are $0.27 EPS and $990.3 million in revenue.
Hertz Global Holdings Inc. (NYSE: HTZ) reports earnings on Tuesday morning. The car rental giant has risen on hope of a spin-off in the equipment rental unit. Earnings estimates are $0.32 EPS and $2.62 billion in revenue. The coming quarter’s estimates are $0.19 in EPS and $2.59 billion in revenue. The spin-off report had Hertz shares up 5% at $27.28 on Monday, against a 52-week range of $19.73 to $29.81.
Oracle Corp. (NYSE: ORCL) finally has traded back up above a range from a series of earnings disappointments. Will that last? The enterprise software leader is expected to report earnings of $0.70 per share and $9.36 billion in revenue. For the next quarter, those estimates are $0.96 EPS and $11.5 billion in sales. By the way, it has now been a while since Oracle made a major acquisition, and its 2014 revenue growth is expected to be only 3.5%, followed by almost 5% growth in 2015. Will Larry Ellison telegraph any deals ahead? Oracle trades at only 12 times next year’s EPS estimates, based on 9.5% earnings growth.
FedEx Corp. (NYSE: FDX) reports on Wednesday morning, and we were already braced for lower numbers after the holidays and after storm after storm. At almost $138, its 52-week trading range is $90.61 to $144.39. Estimates are $1.51 EPS and $11.46 billion in revenues, and estimates for the quarter-end ahead are $2.32 EPS and $11.71 billion in revenue. FedEx trades at about 15.5 times next year’s expected earnings.
Nike Inc. (NYSE: NKE) is set to report earnings on Thursday after the close of trading. Nike may only be $1 or so shy of a high, but $80 has been a hurdle now twice in the past four months or so. Estimates are $0.72 EPS and $6.7 billion in revenues. Next quarter estimates are $0.81 EPS and $7.52 billion in revenue. Nike shares are not cheap, particularly for a DJIA component, at 22.5 times next year’s earnings expectations, based on 11% earnings growth and almost 9% sales growth.
Tiffany & Co. (NYSE: TIF) might not seem like a systemic stock on the surface, but Tiffany offers a clean insight into luxury spending that can translate into spending trends of so many other luxury spending. Estimates are $1.52 EPS and $1.31 billion for the period that includes Christmas. Estimates for the coming quarter are $0.80 EPS and $954.9 million in revenue. Shares are currently about $2.50 shy of its 52-week high of $94.88. Tiffany’s jewelry trades at a premium against peers, and its stock trades at a peer to most retail brands — at 21.5 times next year’s earnings estimates based on 14% earnings growth and 7.5% revenue growth.