5 Key Earnings for the Week Ahead

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By Chris Lange Updated Published
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24/7 Wall St. has put together a preview of some of the companies reporting their quarterly results this week. We included 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 may change reporting dates as well. It is worth noting that only a few of these stocks are real market movers, but we can expect that some of them may move handily based around various earnings.

Apollo Education Group

Apollo Education Group Inc. (NASDAQ: APOL) will report its latest earnings on Monday. The consensus estimates call for earnings per share (EPS) of $0.47 and $698.57 million in revenue. The company provides private education services. It offers online and on-campus undergraduate, graduate, professional development and other non-degree educational programs and services, primarily to working learners in the United States and internationally. The company operates in University of Phoenix, Apollo Global and other segments.

Shares were at $16.35 as trading came to a close on Friday, in a 52-week trading range of $16.00 to $34.55. The stock has a consensus analyst price target of $21.50.

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ConAgra Foods

ConAgra Foods Inc. (NYSE: CAG) is scheduled to reveal its fiscal fourth-quarter results on Tuesday. The consensus estimates call for $0.59 in EPS, as well as $4.14 billion in revenue. ConAgra operates as a food company primarily in North America. It operates through three segments: Consumer Foods, Commercial Foods and Private Brands.

ConAgra shares were trading at $44.00 on Friday’s close. The consensus price target is $41.33. The stock has a 52-week trading range of $28.93 to $44.16.

Constellation Brands

Constellation Brands Inc. (NYSE: STZ) is set to report its fiscal first-quarter results on Wednesday. The analysts’ consensus estimates call for EPS of $1.23 and $1.62 billion in revenue. The company produces and imports beer, wine and spirits in the United States, Canada, Mexico, New Zealand and Italy. Its sells its wine and spirits across various categories.

Shares of Constellation Brands were changing hands at $117.40 on Friday’s close. The consensus price target is $128.47, and the stock has a 52-week trading range of $80.70 to $122.13.

McCormick

McCormick & Co. Inc. (NYSE: MKC) is scheduled to report its fiscal second-quarter results on Wednesday. The consensus analyst estimates call for $0.68 in EPS and revenue of $1.04 billion. The company manufactures and distributes spices, seasoning mixes, condiments and other flavorful products to the food industry worldwide. It operates through two segments: Consumer and Industrial.

Shares of McCormick closed at $81.46 on Friday. The consensus price target is $78.00. The 52-week trading range is $64.92 to $82.39.

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Paychex

Paychex Inc. (NASDAQ: PAYX) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.44 in EPS on $690.53 million in revenue. The company provides payroll, human resource, insurance and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. It offers payroll processing services that include the calculation, preparation and delivery of employee payroll checks; production of internal accounting records and management reports; and preparation of federal, state and local payroll tax returns.

Shares ended the week at $47.99, in a 52-week trading range of $40.10 to $51.72. The stock has a consensus analyst price target of $46.88.

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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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