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HP, Salesforce and More Earnings Coming Out 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 handily from their all-time highs over the past two weeks. In fact, this past week saw one of the worst trading days 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.
Salesforce.com Inc. (NYSE: CRM) will share its latest quarterly earnings on Tuesday. The consensus estimates are $0.32 in earnings per share (EPS) and $2.51 billion in revenue. Shares were trading most recently at $90.76, in a 52-week range of $66.43 to $92.49. The consensus price target is $101.10.
HP Inc.’s (NYSE: HPQ) latest quarterly earnings report is expected on Wednesday. The consensus estimates call for $0.42 in EPS and $12.28 billion in revenue. Shares closed trading most recently at $18.51, in a 52-week range of $13.55 to $19.58. The consensus price target is $21.48.
Lowe’s Companies Inc. (NYSE: LOW) fiscal second-quarter results are scheduled for Wednesday as well. The consensus earnings estimate is $1.61 per share, on $19.53 billion in revenue. The shares closed the week at $73.64. The consensus price target is $88.69, and the 52-week trading range is $64.87 to $86.25.
Abercrombie & Fitch Co. (NYSE: ANF) will report its most recent quarterly results on Thursday. The consensus estimates call for a net loss of $0.33 per share and $758.56 million in revenue. Shares closed at $9.66 on Friday, in a 52-week range of $8.81 to $23.29. The consensus price target is $11.50.
Tiffany & Co. (NYSE: TIF) is set to release its most recent results Thursday. The consensus forecast calls for $0.87 in EPS and $931.74 million in revenue for the quarter. Shares ended the week at $88.03. The consensus price target is $94.76, and the 52-week range is $66.35 to $97.29.
24/7 Wall St.Dollar Tree Inc. (NASDAQ: DLTR) fiscal second-quarter results also are scheduled for Thursday. The consensus forecast is $0.87 in EPS and $5.24 billion in revenue. Shares were last seen at $74.25. The 52-week range is $65.63 to $96.40, with a consensus price target of $88.35.
GameStop Corp.’s (NYSE: GME) fiscal second-quarter results are scheduled for Thursday. The consensus earnings estimate is $0.15 per share, on $1.62 billion in revenue. The shares were last seen trading at $21.22. The consensus price target is $23.75, 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 $0.28 in EPS and $600.7 million in revenue. The stock ended the week at $15.65 a share. The consensus price target is $19.56, and the 52-week range is $11.68 to $18.18.
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