24/7 Wall St. has put together a preview of some of the larger companies across multiple sectors reporting their quarterly results in the middle of May. We have reviewed the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.
Dish Network
Dish Network Corp. (NASDAQ: DISH) is scheduled to release its most recent quarterly results on Monday. The consensus estimates are $0.40 in earnings per share (EPS) on $3.74 billion in revenue. In the last quarterly report, 24/7 Wall St. noted that Dish’s revenues were rising but at the cost of its subscribers. A major change happened this quarter. In a surprise move, the company announced that CEO Joseph Clayton will retire on March 31 after nearly four years at the helm. Chairman and co-founder Charlie Ergen will assume Clayton’s roles as president and CEO.
Dish shares were trading at $66.86 on Friday’s close. The consensus analyst price target is $82.63, and the stock has a 52-week trading range of $56.17 to $80.75.
Vivint Solar
When Vivint Solar Inc. (NYSE: VSLR) reports its first-quarter results on Tuesday, the analysts’ consensus estimates call for a net loss of $0.38 per share and $8.06 million in revenue. The stock only had its initial public offering (IPO) in early October, entering the market at $17.01. Since that time Vivint settled into a trough after its IPO bump, but more recently the stock has made a strong recovery in March and April.
Vivint Solar shares closed trading at $14.69 on Friday. The consensus price target is $20.00, and the stock has a 52-week trading range of $7.42 to $18.71.
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Macy’s
Macy’s Inc. (NYSE: M) is scheduled to report its fiscal first-quarter earnings on Wednesday. The consensus estimates call for EPS of $0.63 and $6.32 billion in revenue. Analysts at numerous Wall Street firms have applauded Macy’s for the great strides it is making in improving its online sales ability. The renewed online effort helped to boost what was a very solid showing for the most recent holiday season. Many Wall Street analysts also feel that the company’s mid-teens earnings-per-share growth profile over the next several years is achievable, driven by low single-digit same-store sales growth, e-commerce and improvements in store productivity.
Macy’s shares ended the week at $65.94. The consensus price target is $68.74. The 52-week trading range is $54.84 to $69.98.
El Pollo Loco
The consensus estimates call for per-share earnings of $0.17 and $88.49 million in revenue when El Pollo Loco Holdings Inc. (NASDAQ: LOCO) posts its first-quarter results Thursday. 24/7 Wall St. noted that back in March that El Pollo Loco’s earnings could rekindle its post-IPO hype, but these earnings initially jumped the stock dramatically. However this eventually evened out and just seemed to move the stock sideways. The question is what can we expect from these earnings.
The crazy chicken’s shares were trading at $26.80 as the week came to a close, in a 52-week trading range of $18.48 to $41.70. The stock has a consensus analyst price target of $29.67.
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Nordstrom
Nordstrom Inc. (NYSE: JWN) is scheduled to report its fiscal first-quarter results on Thursday. The consensus estimates call for just $0.71 in EPS, as well as $3.17 billion in revenue. Now one of the leading fashion specialty retailers based in the United States, Nordstrom was founded in 1901 as a shoe store in Seattle. Today Nordstrom operates 260 stores in 35 states, including 117 full-line stores, 140 Nordstrom Racks, two Jeffrey boutiques and one clearance store. In February, the company raised its dividend 10% for the sixth consecutive year.
Shares of Nordstrom were at $77.27 on Friday’s close. The consensus price target is $77.95. The stock has a 52-week trading range of $60.51 to $83.16.
Petrobras
24/7 Wall St. refuses to acknowledge that there could be consensus earnings estimates for Petroleo Brasileiro S.A. (NYSE: PBR). Here is what we have from the company:
Petrobras informs that it will release its 1st Quarter 2015 results on May 15th, 2015, Friday, after the market is closed. Therefore, from May 5th to May 15th, the Company will be in quiet period. During this period, Petrobras will not be able to provide clarifications or comment about any type of information related to results and perspectives
Shares were trading at $9.74 as Friday’s session concluded. The consensus price target is $9.82, and the stock has a 52-week trading range of $4.90 to $20.94.
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