7 Key Earnings for the Week Ahead

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By Chris Lange 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.

Alcoa

Alcoa Inc. (NYSE: AA) will kick off the new earnings season on Wednesday. The consensus estimates call for earnings per share (EPS) of $0.23 and $5.81 billion in revenue. Currently Alcoa is in desperate need of a turnaround. Recently shares have crept to a new low on the year, after exploding in 2014. At this point Alcoa is trying new things to boost shares and broaden its business, such as looking into is 3D printing jet engine parts.

Shares were at $11.10 as trading came to a close on Thursday, in a 52-week trading range of $10.94 to $17.75. The stock has a consensus analyst price target of $16.10.

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PepsiCo

PepsiCo Inc. (NYSE: PEP) is scheduled to reveal its second-quarter results on Thursday. The consensus estimates call for $1.24 in EPS, as well as $15.80 billion in revenue. Pepsi is trying out a whole new brand of beverages that it is calling the “Stubborn Soda” lineup. The company is making the move towards a more craft soda, hoping to capitalize on a similar trend that is rising in popularity. Craft beers have steadily gained in popularity over the years, and Pepsi is testing out this trend within the soft drink business.

Shares were trading at $94.66 on Thursday’s close. The consensus price target is $106.15. The stock has a 52-week trading range of $87.46 to $100.76.

A. Schulman

A. Schulman, Inc. (NASDAQ: SHLM) is set to report its fiscal first-quarter results on Monday. The analysts’ consensus estimates call for EPS of $0.77 and $608.97 million in revenue. This company supplies plastic compounds and resins for uses ranging from packaging to sports. It provides custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects.

Shares were changing hands at $43.13 on Thursday’s close. The consensus price target is $51.33, and the stock has a 52-week trading range of $28.67 to $48.96.

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Container Store

Container Store Group Inc. (NYSE: TCS) is scheduled to report its fiscal first-quarter results on Tuesday. The consensus analyst estimates call for a net loss of $0.13 per share and revenue of $173.56 million. The company engages in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. Its retail stores provide various lifestyle products.

Shares of Container Store ended last week at $17.03. The consensus price target is $19.14. The 52-week trading range is $15.49 to $29.39.

NovaGold Resources

NovaGold Resources Inc. (NYSE: NG) is set to share its latest quarterly earnings on Tuesday. The consensus estimates call for a net loss of $0.03 per share. The company explores and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver and copper deposits.

Shares closed most recently at $3.27, in a 52-week trading range of $2.33 to $4.40. The stock has a consensus analyst price target of $4.14.

Barracuda

Barracuda Networks Inc. (NYSE: CUDA) is set to report its fiscal first-quarter results on Thursday. The analysts’ consensus estimates call for EPS of $0.08 and $77.25 million in revenue. The company designs and delivers security and storage solutions. It offers cloud-connected solutions that help its customers address security threats, enhance network performance and protect and store their data.

Shares of Barracuda were changing hands at $39.51 as last week came to a close. The consensus price target is $48.08, and the stock has a 52-week trading range of $23.95 to $46.78.

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Walgreens

Walgreens Boots Alliance Inc. (NASDAQ: WBA) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for $0.87 in EPS on $29.67 billion in revenue. The company operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail and by telephone and online.

Shares closed Thursday at $85.81, in a 52-week trading range of $57.75 to $93.42. The consensus price target is $91.40.

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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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