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Facebook, Tesla and More Major Earnings Coming Out This Week
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Over the course of this past week, markets were largely driven higher as the result of some amazing earnings. Roughly one-third of the Dow reported this past week, and the index has reached over 21,000 again for the first time since early March. The Nasdaq also hit a new high and broke the 6,000 mark. Although last week was the largest earnings week of the season, there are still more companies reporting in the coming week.
24/7 Wall St. has put together a preview of some of the top companies reporting their latest results in the coming week. Keep in mind that we are in the heart of earnings season, which sets a direction for the market.
We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history for these companies ahead of the report.
Apple Inc.’s (NASDAQ: AAPL) latest quarterly earnings report is expected on Tuesday. The consensus estimates are $2.02 in earnings per share (EPS) and $52.97 billion in revenue. Shares closed trading most recently at $143.65, in a 52-week range of $89.47 to $145.46. The consensus price target is $148.96.
Pfizer Inc. (NYSE: PFE) first-quarter results are scheduled for Tuesday as well. The consensus earnings estimate is $0.67 per share, on $13.09 billion in revenue. The shares were last seen at $33.92. The consensus price target is $37.80, and the 52-week trading range is $29.83 to $37.39.
Facebook Inc. (NASDAQ: FB) is set to release its most recent quarterly results Wednesday. The consensus estimates call for $1.12 in EPS and $7.83 billion in revenue. Shares ended the week at $150.25. The consensus price target is $161.72, and the 52-week range is $108.23 to $151.53.
Tesla Inc. (NASDAQ: TSLA) will report its most recent quarterly results on Wednesday. The consensus estimates call for a net loss of $0.81 per share and $2.6 billion in revenue. Shares closed trading at $314.07 on Friday, in a 52-week range of $178.19 to $314.80. The consensus price target is $262.82.
Yum! Brands Inc. (NYSE: YUM) first-quarter results also are scheduled for Wednesday. The consensus forecast is $0.60 in EPS on $1.34 billion in revenue. Shares were last seen at $65.75. The consensus price target is $69.56. The 52-week range is $56.31 to $68.98.
Chesapeake Energy Corp. (NYSE: CHK) will share its latest quarterly earnings on Thursday. The consensus estimates are $0.19 in EPS and $2.32 billion in revenue. Shares were trading most recently at $5.26, in a 52-week range of $3.56 to $8.20. The consensus price target is $7.17.
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