Investing

Top 6 Earnings for the Week Ahead

Thinkstock

Earnings season for the fourth quarter of last year has now moved into February, and 24/7 Wall St. has put together a preview of six companies that are 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.

Newmont Mining

Newmont Mining Corp. (NYSE: NEM) is set to report its fourth-quarter results on Wednesday. The analysts’ consensus estimates call for earnings per share (EPS) of $0.13 and $1.82 billion in revenue. This company operates in the mining industry. It primarily acquires, develops, explores for and produces gold, copper and silver deposits. Its operations and assets are located in the United States, Australia, Peru and elsewhere.

Shares of Newmont were changing hands at $25.78 on Friday’s close. The consensus analyst price target is $23.33, and the stock has a 52-week trading range of $15.39 to $27.90.

T-Mobile

On Wednesday, T-Mobile US Inc. (NASDAQ: TMUS) is expected to share its latest quarterly earnings. The consensus estimates call for EPS of $0.15 and $8.20 billion in revenue. This company provides mobile communications services in the United States, Puerto Rico and the U.S. Virgin Islands. It offers voice, messaging and data services in the postpaid, prepaid and wholesale markets. It also provides wireless devices, such as smartphones, tablets and other mobile communication devices, as well as accessories.

T-Mobile shares closed at $35.11 on Friday, in a 52-week trading range of $30.73 to $43.43. The consensus price target is $46.50.

Wal-Mart

Before trading begins on Thursday, Wal-Mart Stores Inc. (NYSE: WMT) is scheduled to report its latest quarterly results. The consensus estimates call for EPS of $1.43 and revenue of $130.93 billion. This is the world’s largest retailer by market cap, coming in at $211 billion. It operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

Shares ended last week at $66.18 apiece. The consensus price target is $63.96. Shares have traded between $56.30 and $86.30 in the past year.


Starwood Hotels & Resorts

Come Thursday, Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT) will report its fourth-quarter results. The analysts’ consensus estimates call for EPS of $0.79 and $1.44 billion in revenue. This company operates as a hotel and leisure company worldwide. It owns, operates and franchises luxury and upscale full-service hotels, resorts and more.

Its shares were changing hands at $64.01 as Friday’s trading came to a close. The consensus analyst price target is $77.21, and the stock has a 52-week trading range of $56.87 to $87.99.

Duke Energy

Duke Energy Corp. (NYSE: DUK) is expected to share its latest quarterly earnings on Thursday. The consensus estimates call for EPS of $0.90 and $6.29 billion in revenue. This is the largest utility company by market cap in the United States, with its market cap at $52 billion. It operates as an energy company in the United States and Latin America.

Shares closed at $76.23 on Friday, in a 52-week trading range of $65.50 to $81.42. The consensus price target is $76.74.

Deere

before trading begins on Friday, Deere & Co. (NYSE: DE) is set to report its latest quarterly results. The consensus estimates call for EPS of $0.70 and revenue of $4.96 billion. This company manufactures and distributes agriculture, construction and forestry equipment worldwide. Its Agriculture and Turf segment provides agriculture and turf equipment and related service parts, including large, medium and utility tractors, as well as other machinery.

Shares of Deere changed hands at the end of the week at $78.27. The consensus price target is $77.38. Shares have traded between $70.16 and $98.23 in the past year.

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.