Top 6 Earnings Coming Out This Week

[cnxvideo id=”655426″ placement=”ros”]Both the Dow Jones Industrial Average and the S&P 500 have pulled back from their highs over the past week, and it seems that they are settling down. 24/7 Wall St. has put together a preview of some of those companies reporting their latest results on in the coming week. Keep in mind that a vast majority of companies already have reported their earnings for the most recent quarter, but there are still a few stragglers left before the next season kicks into gear.

The Dow is back below 21,000 and the S&P 500 holding steady right around 2,375. While the Dow has closed higher for weeks, it seems that this recent pullback has been a solidifying factor for the markets. Although we are currently in the earnings doldrums, quarterly reports over the past month have helped to solidify the broad markets.

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.

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Canadian Solar Inc. (NASDAQ: CSIQ) is set to report its fourth-quarter results on Tuesday morning. The analysts’ consensus estimates call for earnings per share (EPS) of $0.32 and $690.27 million in revenue. Shares closed trading at $13.74 on Friday. The consensus price target is $15.21, and the 52-week trading range is $10.25 to $21.35.

The latest quarterly earnings from FedEx Corp. (NYSE: FDX) are expected later in the day Tuesday. The consensus estimates are $2.62 in EPS and $15.0 billion in revenue. Shares were trading most recently at $194.59, in a 52-week range of $145.00 to $201.57. The consensus price target is $210.73.

Fiscal third-quarter results from Nike Inc. (NYSE: NKE) also are scheduled for Tuesday as well. The consensus earnings estimate is $0.53 per share, on $8.47 billion in revenue. The shares were last seen at $57.80. The consensus price target is $62.47, and the 52-week trading range is $49.01 to $65.44.

And Petroleo Brasileiro S.A. (NYSE: PBR), better known as Petrobras, is scheduled to release its most recent quarterly results Tuesday. The consensus estimates call for a net loss of $0.05 per share, as well as $18.05 million in revenue. Shares ended the week at $8.91. The consensus price target is $11.22, and the 52-week range is $4.98 to $12.56.

GameStop Corp. (NYSE: GME) is expected to report its most recent quarterly results late Thursday. The consensus estimates call for $2.29 in EPS and $3.1 billion in revenue. Shares closed trading at $24.64, in a 52-week range of $20.10 to $33.72. The consensus price target is $25.84.

Fiscal second-quarter results from Micron Technology Inc. (NASDAQ: MU) also are scheduled for Thursday afternoon. The consensus forecast is $0.84 in EPS on $4.64 billion in revenue. Shares were last seen at $25.80. The consensus price target is $32.79. The 52-week trading range is $9.35 to $26.23.

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