The Top 6 Earnings to Watch in the Week Ahead

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By Chris Lange Published
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While we are in the dog of days of summer and the end of August, the markets do have several key earnings to digest in the week ahead. 24/7 Wall St. has featured six key earnings previews for the week of August 25 to 29. We have included Thomson Reuters consensus estimates for earnings per share and revenues, as well as consensus analyst targets. Additional color and price history has also been provided on each.

Best Buy Co. Inc. (NYSE: BBY) is on deck to report earnings Tuesday morning. The estimates are $0.31 in earnings per share (EPS) and $8.99 billion in revenues. The estimates for the following quarter are $0.23 EPS and $9.13 billion in revenues. Best Buy has boasted a strong quarter since May, recovering from a month low of $24.57. Closing Friday at $31.20, the stock has a consensus price target from analysts of $33.05, and its 52-week range is $22.15 to $44.66. Best Buy is trading at just under 12.5 times next year’s earnings expectations.

Analog Devices Inc. (NASDAQ: ADI) is set to report earnings on Tuesday after the market closes. Its consensus estimates are $0.63 EPS and $716.3 million in revenues. The estimates of the following quarter are $0.66 EPS and $744.3 million in revenues. Analog Devices hit a 52-week high of $56.18 in June, making a very handy gain on the year so far. Shares closed at $52.50, and the consensus analyst price target is $57.50, with a 52-week range of $45.28 to $56.18. Analog Devices is trading at 19 times next year’s earnings.

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Tiffany & Co. (NYSE: TIF) is set to report its earnings on Wednesday. The estimates are $0.85 EPS and $987.8 million in revenues. The estimates of the following quarter are $0.80 EPS and $984.4 million in revenues. Over the course of this quarter, the company climbed to a new all-time high at $103.38. Tiffany has remained near this high, closing Friday at $100.54, with a consensus analyst price target of $105.05. It has a 52-week range of $73.63 to $103.38. The luxury jewelry company is also valued at 20 times next year’s earnings.

Williams-Sonoma Inc. (NYSE: WSM) will report its earnings on Wednesday after the market closes. The estimates are $0.53 EPS and $1.05 billion in revenues. The estimates for the following quarter are $0.66 EPS and revenues of $1.13 billion. Williams-Sonoma has been making serious gains in its share price since May, jumping up as much as 22.8% to the Friday close of $74.30. The consensus analyst price target is $70.72, with a 52-week range of $51.70 to $74.47. Williams-Sonoma has been trading at 20 times next year’s estimated earnings.

Abercrombie & Fitch Co. (NYSE: ANF) is set to report earnings Thursday morning. The Thomson Reuters estimates are $0.11 EPS and $909.22 million in revenues. The next quarter has estimates of $0.74 EPS and $1.01 billion in revenues. Over the past quarter the retail giant has gained closer and closer to its 52-week high of $44.39, eventually hitting it in August. Abercrombie closed at $43.79, and the consensus analyst price target is $44.83. The retailer’s stock is valued at 90 times its trailing 12 month earnings but trades at 15 times next year’s fiscal earnings estimate.

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Dollar General Corp. (NYSE: DG) will release its earnings on Thursday. The estimates are $0.83 EPS and $4.77 billion in revenues. The estimates of the following quarter are $0.81 EPS and $4.77 billion in revenues. Dollar General had shares spike to a 52-week high of $65.99 in June, after falling to a 52-week low of $53.00 in May, but the reality is that the most recent closing prices are among the highest of the past year, if you take out the gyrations. The volatility is keyed around the changing landscape of dollar stores via mergers of Family Dollar and Dollar Tree, and the verdict is still out over who will win. Trading at about 15 times next year’s earnings, shares closed Friday at $63.68, and the consensus analyst price target is $69.12.

Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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