Amazon, Alphabet and More Earnings That Can't Be Ignored This Week

Investing

Published: October 22, 2017 10:40 am

Last Updated: January 12, 2020 6:57 am

Over the course of this past week, markets were largely driven higher as the result of some amazing Dow earnings. Roughly one-third of the Dow reported this past week, and the index has reached over 23,000, with potentially 24,000 on the horizon. The Nasdaq and S&P 500 hit new highs during this time as well. This week looks to be one of the largest earnings weeks of the season, and the way earnings have been going, markets could be pushing even higher.

24/7 Wall St. has put together a preview of some of the top companies reporting their latest results in the coming week. Keep in mind that we are in the heart of earnings season, which sets a direction for the market.

We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history for these companies ahead of the report.

Also check out our separate previews of some top Dow companies and some top biotech and pharma companies on deck to share their latest results this week.

Advanced Micro Devices Inc. (NASDAQ: AMD) latest quarterly earnings report is expected on Tuesday. The consensus estimates are $0.08 in earnings per share (EPS) and $1.51 billion in revenue. Shares closed trading most recently at $13.81, in a 52-week trading range of $6.22 to $15.65. The consensus price target is $14.23.

AT&T Inc. (NYSE: T) third-quarter results are scheduled for Tuesday as well. The consensus earnings estimate is $0.75 per share, on $40.12 billion in revenue. The shares were last seen at $35.54. The consensus price target is $41.03, and the 52-week range is $35.10 to $43.03.

Chipotle Mexican Grill Inc. (NYSE: CMG) is set to release its most recent quarterly results Tuesday. The consensus forecast calls for $1.65 in EPS and $1.14 billion in revenue. Shares ended the week at $324.70. The consensus price target is $358.46, and the 52-week range is $295.11 to $499.00.

Alphabet Inc. (NASDAQ: GOOGL) will report its most recent quarterly results on Thursday. The consensus estimates call for $8.33 in EPS and $27.2 billion in revenue. Shares closed trading at $988.20 on Friday, in a 52-week range of $727.54 to $997.21. The consensus price target is $1,053.50.

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Amazon.com Inc. (NASDAQ: AMZN) third-quarter results also are scheduled for Thursday. The consensus forecast is $0.03 in EPS on $42.05 billion in revenue. Shares were last seen at $982.91. The consensus price target is $1,163.10. The 52-week range is $710.10 to $1,083.31.

And Twitter Inc. (NYSE: TWTR) will share its latest quarterly earnings on Thursday. The consensus estimates are $0.07 in EPS and $586.73 million in revenue. Shares were trading most recently at $17.86, in a 52-week range of $14.12 to $20.88. The consensus price target is $15.87.

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