Nike, Micron and More Earnings Coming 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 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.

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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.

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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.

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