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 reached all-time highs and look to keep pushing higher. A strong earnings showing from these stocks could help the markets to keep this rally going.
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.
Red Hat Inc. (NYSE: RHT) is expected to report its fiscal second-quarter results on Monday. The consensus forecast calls for $0.67 in earnings per share (EPS) and revenue of $699.45 million. Shares of Red Hat ended last week at $106.30. The consensus analyst price target is $111.32. The 52-week trading range is $68.54 to $108.39.
Micron Technology Inc. (NASDAQ: MU) will share its most recent quarterly results late Tuesday. The consensus estimates are $1.84 in EPS and $5.96 billion in revenue. Shares closed at $36.07 on Friday, in a 52-week range of $16.17 to $36.60. The stock has a consensus price target of $44.69.
Nike Inc. (NYSE: NKE) is scheduled to reveal its fiscal first-quarter results Tuesday afternoon as well. The consensus estimates call for EPS of $0.48 and $9.09 billion in revenue. Shares were trading at $53.24 on Friday’s close. The consensus price target is $60.40, while the 52-week range is $49.01 to $60.53.
24/7 Wall St.BlackBerry Ltd. (NASDAQ: BBRY) is set to report its fiscal second-quarter results first thing Thursday. The analysts’ consensus estimates are breakeven earnings and revenue of $221.18 million. Shares were changing hands at $9.13 on Friday’s close. The consensus price target is $9.71, and the 52-week range is $6.65 to $11.74.
Rite Aid Corp. (NYSE: RAD) also will share its latest quarterly earnings on Thursday morning. The consensus estimates call for breakeven earnings and $7.83 billion in revenue. Shares were at $2.39 on Friday’s close, in a 52-week range of $2.21 to $8.77. The consensus price target is $2.45.
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.