Investing

Oracle, FedEx and More Earnings Coming Out This Week

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 closed out last week with the Dow and S&P 500 holding near all-time highs. On the other hand, the Nasdaq fell behind and gave back some of its gains. A strong earnings showing from these stocks could help the markets reach even higher 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 could change earnings dates as well.

Adobe Systems Inc.’s (NASDAQ: ADBE) latest quarterly earnings report is expected on Tuesday. The consensus analyst estimates are $0.95 in earnings per share (EPS) and $1.73 billion in revenue. Shares closed trading most recently at $137.84, in a 52-week range of $90.35 to $144.34. The consensus price target is $146.54.

FedEx Corp. (NYSE: FDX) fiscal fourth-quarter results are scheduled for Tuesday. The consensus earnings estimate is $3.88 per share, on $15.56 billion in revenue. The shares were last seen at $210.50. The consensus price target is $221.06, and the 52-week trading range is $145.00 to $211.88.

Red Hat Inc. (NYSE: RHT) is set to release its most recent quarterly results Tuesday as well. The consensus forecast calls for $0.53 in EPS and $647.84 million in revenue. Shares ended last week at $87.85. The consensus price target is $95.20, and the 52-week range is $68.54 to $92.49.

Oracle Corp. (NYSE: ORCL) will report its most recent quarterly results on Wednesday. The consensus estimates call for $0.78 in EPS and $10.45 billion in revenue. Shares closed at $45.09 on Friday, in a 52-week range of $37.62 to $46.99. The consensus price target is $48.64.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) fiscal first-quarter results are scheduled for Thursday. The consensus forecast is for $0.66 in EPS and $2.79 billion in revenue. Shares were last seen at $35.33. The 52-week range is $33.63 to $48.83, with a consensus price target of $38.84.

And BlackBerry Ltd. (NASDAQ: BBRY) will share its latest quarterly earnings on Friday. The forecast is for $264.51 million in revenue. Shares were trading most recently at $10.53, in a 52-week range of $6.23 to $11.74. The consensus price target is $9.02.

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