Investing

Top 7 Earnings Previews for the Week Ahead

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24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this week. We are just exiting earnings season and by the looks of it there could be a rate hike from the Fed in the very near future. We have 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.

H&R Block Inc. (NYSE: HRB) will share its most recent quarterly results on Monday. Consensus estimates call for a net loss of $0.48 per share and $132.13 million in revenue. This company provides tax preparation, banking and other services to the general public in the United States and internationally. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees, as well as online tax services. Shares closed at $37.09 on Friday, in a 52-week trading range of $29.15 to $37.53. The consensus analyst price target is $41.70.

AutoZone Inc. (NYSE: AZO) is scheduled to reveal its fiscal first-quarter results on Tuesday. The consensus estimates call for $8.24 in earnings per share (EPS), as well as $2.39 billion in revenue. This company retails and distributes automotive replacement parts and accessories. It offers various products for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. Shares closed trading at $760.99 on Friday. The consensus price target is $784.00. The stock has a 52-week range of $569.54 to $803.25.

Costco Wholesale Corp. (NASDAQ: COST) is set to report its fiscal first-quarter results on Tuesday. The consensus estimates call for EPS of $1.17 and $27.63 billion in revenue. Costco offers branded and private-label products in a range of merchandise categories through a series of membership warehouses. It also operates gas stations, pharmacies and food courts, among other operations. Shares were changing hands at $166.80 on Friday’s close. The consensus price target is $167.48, and the 52-week trading range is $117.03 to $167.24.

Toll Brothers Inc. (NYSE: TOL) is scheduled to report its fiscal fourth-quarter results on Tuesday. Consensus estimates are $0.84 in EPS and revenue of $1.44 billion. This company designs, builds, markets and arranges finance for detached and attached homes in luxury residential communities in the Unites States. It is also involved in building and selling homes in urban infill markets, as well as operates golf courses and country clubs. Shares of Toll Brothers ended the week at $37.49. The consensus price target is $40.47. The 52-week trading range is $30.81 to $42.19.

Lululemon Athletica Inc. (NASDAQ: LULU) is expected to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.37 in EPS and $481.80 million in revenue. The company designs, manufactures and distributes athletic apparel and accessories for both women and men. It is primarily known for its yoga apparel. Shares were at $49.18 on Friday’s close, in a 52-week trading range of $43.14 to $70.00. The consensus price target is $63.94.


Adobe Systems Inc. (NASDAQ: ADBE) is set to report its fiscal fourth-quarter results on Thursday. Analysts’ consensus estimates call for EPS of $0.60 and $1.31 billion in revenue. This company global diversified software company operates in three segments: Digital Media, Digital Marketing and Print and Publishing. Its shares were trading at $92.58 as last week came to a close, in a 52-week trading range of $68.98 to $92.85. The consensus price target is $92.52.

Marvell Technology Group Ltd. (NASDAQ: MRVL) also will share its latest quarterly earnings on Thursday. The consensus estimates call for $711.33 million in revenue, as well as $0.09 EPS. This company designs, develops, and markets analog, mixed-signal, digital signal processing and embedded and standalone integrated circuits. It offers mobile and wireless products, comprising communications and applications processors, thin modems and connectivity solutions. Shares closed at $9.24 on Friday, in a 52-week range of $7.55 to $16.78. The consensus price target is $9.73.

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