Investing

The Top 5 Earnings Coming Out on Thursday

Thinkstock

The most recent earnings season is coming to a close, and the broad markets have been absolutely on the move. The Dow, Nasdaq and S&P 500 have each hit new highs this week, with potentially more to come. Overall the earnings reported over the past month have helped to solidify these markets. 24/7 Wall St. has put together a preview of the most anticipated quarterly earnings reports that are on deck for Thursday.

We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as some additional color on each.

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) will share its most recent quarterly results before the markets open. The consensus estimates call for earnings per share (EPS) of 1.25 and $836.6 million in revenue. Shares were trading at $130.86 on Wednesday, in a 52-week range of $109.12 to $162.00. The stock has a consensus analyst price target of $167.93.

The latest quarterly earnings from Duke Energy Corp. (NYSE: DUK) are expected early on Thursday as well. The consensus estimates call for $0.81 in EPS and $5.89 billion in revenue. Shares were trading at $76.53, in a 52-week range of $72.34 to $87.75. The consensus price target is $79.78.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is set to report its fourth-quarter results. The analysts’ consensus estimates call for EPS of $0.13 and $1.16 billion in revenue. Shares were last changing hands at $17.75. The consensus price target is $20.04, and the 52-week range is $12.86 to $20.00.

MGM Resorts International (NYSE: MGM) also is scheduled to release its fourth-quarter financial results before the markets open. The consensus estimates are $0.20 in EPS on $2.46 billion in revenue. Shares were last seen at $29.35, with a consensus price target of $34.72 and a 52-week trading range of $17.34 to $30.62.

Fourth-quarter results from Waste Management, Inc. (NYSE: WM) also are scheduled for Thursday morning. The consensus EPS estimate is $0.77, on $3.42 billion in revenue. Shares were last seen at $71.14. The consensus price target is $73.60. The 52-week trading range is $54.34 to $71.78.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

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