Top 8 Earnings to Watch for the Week Ahead

Investing

Published: August 14, 2016 10:35 am

Last Updated: January 13, 2020 4:36 am

The second-quarter earnings reporting season is winding down and the broad markets are at all-time highs. 24/7 Wall St. has put together a preview of the most anticipated quarterly reports that are scheduled for this week. We included the consensus earnings estimates from Thomson Reuters and the stock price and trading history.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies even may change reporting dates as well.

Home Depot Inc. (NYSE: HD) will share its most recent quarterly results on Tuesday. The consensus estimates call for earnings per share (EPS) of $1.97 and $26.48 billion in revenue. Shares closed at $136.57 on Friday, in a 52-week trading range of $92.17 to $139.00. The stock has a consensus analyst price target of $148.05.

American Eagle Outfitters Inc. (NYSE: AEO) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.21 in EPS and $819.56 million in revenue. Shares traded at $18.93 on Friday’s close, in a 52-week range of $12.78 to $19.12. The consensus price target is $18.68.

Cisco Systems Inc. (NASDAQ: CSCO) is set to report its fiscal fourth-quarter results on Wednesday. The analysts’ consensus estimates call for EPS of $0.60 and $12.57 billion in revenue. For more, see Why Cisco’s Earnings Report May Matter So Much. Shares of Cisco were changing hands at $30.87 as last week came to a close. The consensus price target is $31.42, and the stock has a 52-week range of $22.46 to $31.25.

L Brands Inc. (NYSE: LB) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.59 in EPS on $2.86 billion in revenue. Shares were at $73.66 on Friday’s close, in a 52-week trading range of $60.00 to $101.11. The consensus price target is $72.42.

Lowe’s Companies Inc. (NYSE: LOW) is scheduled to reveal its fiscal second-quarter results on Wednesday. The consensus estimates call for $1.41 in EPS, as well as $18.34 billion in revenue. Shares traded at $81.72 on Friday’s close. The consensus price target is $86.92. The 52-week range is $62.62 to $83.65.

Target Corp. (NYSE: TGT) is scheduled to report its fiscal second-quarter results on Wednesday. The consensus analyst estimates call for $1.12 in EPS and revenue of $16.17 billion. Shares of Target were at $75.81 on Friday’s close. The consensus price target is $77.55. The 52-week trading range is $65.50 to $84.62.

Wal-Mart Stores Inc. (NYSE: WMT) is scheduled to reveal its fiscal second-quarter results on Thursday. The consensus estimates call for $1.02 in EPS, as well as $120.34 billion in revenue. Shares were at $73.89 the week’s trading came to a close. The consensus price target is $69.90. The stock has a 52-week range of $56.30 to $74.80.

Deere & Co. (NYSE: DE) is set to report its fiscal third-quarter results on Friday. The analysts’ consensus estimates call for EPS of $0.94 and $6.09 billion in revenue. Shares were changing hands at $77.00 on Friday’s close. The consensus price target is $77.72, and the 52-week range is $70.16 to $94.49.

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