Investing
HP, Costco, Lowe's and More Companies Reporting Earnings This Week
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24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The broad markets have pulled back slightly from their all-time highs, including the Nasdaq. In fact, this past week saw the worst trading day of 2017. A strong earnings showing from these stocks could help the markets return to their highs.
We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.
HP Inc.’s (NYSE: HPQ) latest quarterly earnings report is expected on Wednesday. The consensus estimates are calling for a $0.39 in earnings per share (EPS) and $11.88 billion in revenue. Shares closed trading most recently at $19.00, in a 52-week range of $11.40 to $19.49. The consensus price target is $18.79.
Lowe’s Companies Inc. (NYSE: LOW) fiscal first-quarter results are scheduled for Wednesday. The consensus earnings estimate is $1.06 per share, on $16.96 billion in revenue. The shares were last seen at $84.59. The consensus price target is $89.27, and the 52-week trading range is $64.87 to $86.25.
Tiffany & Co. (NYSE: TIF) is set to release its most recent quarterly results Wednesday as well. The consensus forecast calls for $0.70 in EPS and $913.44 million in revenue. Shares ended the week at $92.92. The consensus price target is $96.72, and the 52-week range is $56.99 to $97.29.
Abercrombie & Fitch Co. (NYSE: ANF) will report its most recent quarterly results on Thursday. The consensus estimates call for a net loss of $0.70 in EPS and $650.99 million in revenue. Shares closed at $12.46 on Friday, in a 52-week range of $10.50 to $25.49. The consensus price target is $12.33.
Best Buy Co. (NYSE: BBY) fiscal first-quarter results also are scheduled for Thursday. The consensus forecast is $0.40 in EPS and $8.27 billion in revenue. Shares were last seen at $51.33. The 52-week range is $28.76 to $52.67, with a consensus price target of $48.10.
Costco Wholesale Corp. (NASDAQ: COST) will share its latest quarterly earnings on Thursday. The consensus estimates are $1.31 in EPS and $28.52 billion in revenue. Shares were trading most recently at $171.64, in a 52-week range of $141.91 to $183.18. The consensus price target is $183.88.
GameStop Corp.’s (NYSE: GME) fiscal first-quarter results are scheduled for Thursday. The consensus earnings estimate is $1.06 per share, on $16.96 billion in revenue. The shares were last seen at $24.22. The consensus price target is $23.91, and the 52-week range is $20.10 to $32.67.
And Marvell Technology Group Ltd. (NASDAQ: MRVL) is set to release its most recent quarterly results Thursday. The consensus forecast calls for $0.21 in EPS and $570.65 million in revenue. Shares ended the week at $16.01. The consensus price target is $18.37, and the 52-week range is $9.05 to $16.72.
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