Facebook, Amazon, Alphabet and More Major Earnings to Watch This Week

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By Chris Lange Updated Published
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24/7 Wall St. has put together a preview of a handful of major companies scheduled to report their quarterly results this week. This week is shaping up to be one of the busiest this earnings season. If the earnings are strong this quarter, we could see the broad markets climbing even higher.

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 may change reporting dates as well.

Seagate Technology PLC (NASDAQ: STX) is scheduled to reveal its fiscal second-quarter results on Monday. The consensus forecast calls for $1.35 in earnings per share (EPS) and $2.86 billion in revenue. Shares were trading at $54.94 on Friday’s close. The consensus price target is $44.50. The stock has a 52-week trading range of $30.60 to $55.00.

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Advanced Micro Devices Inc. (NASDAQ: AMD) is set to report its fourth-quarter results on Tuesday. The analysts’ consensus estimates call for EPS of $0.05 and $1.4 billion in revenue. Shares were changing hands at $12.95 on Friday’s close. The consensus price target is $14.14, and the stock has a 52-week range of $9.70 to $15.65.

Electronic Arts Inc. (NASDAQ: EA) is expected to report its most recent quarterly results on Tuesday. The consensus analyst estimates are $2.20 in EPS and revenue of $2.02 billion. Shares of EA were at $115.20 on Friday’s close. The consensus price target is $129.38, and the 52-week range is $80.40 to $122.79.

AT&T Inc. (NYSE: T) will share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.65 in EPS and $41.2 billion in revenue. Shares ended last week at $37.82, in a 52-week range of $32.55 to $42.70. The consensus analyst target is $39.49.

Facebook Inc. (NASDAQ: FB) is set to report its fourth-quarter results on Wednesday. The analysts’ consensus estimates are EPS of $1.95 and $12.54 billion in revenue. Shares were changing hands at $190.00 as last week came to a close. The consensus price target is $212.52, and the stock has a 52-week range of $129.52 to $190.66.

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Qualcomm Inc. (NASDAQ: QCOM) is also expected to share its latest quarterly earnings on Wednesday. The consensus estimates are $0.91 in EPS on $5.93 billion in revenue. Shares were at $68.53 on Friday’s close, in a 52-week range of $48.92 to $69.28. The consensus price target is $67.89.

On Thursday, Amazon.com Inc. (NASDAQ: AMZN) is set to release its most recent quarterly results. Analysts are calling for $1.84 in EPS and $59.81 billion in revenue. Shares closed out the week at $1,402.05, with a consensus price target of $1,345.24 and a 52-week range of $803.00 to $1,402.53.

Alphabet Inc. (NASDAQ: GOOGL) fiscal third-quarter results are scheduled to be revealed on Thursday. The consensus estimates are $0.92 in EPS and $34.87 billion in revenue. Shares were trading at a 52-week high of $1,187.56 as the week came to a close. The consensus price target is $1,216.28. The 52-week trading low is $812.05.

And Alibaba Group Holding Ltd. (NYSE: BABA) is set to report its first-quarter results on Thursday. The analysts’ consensus estimates call for EPS of $1.67 and $12.59 billion in revenue. Shares of Alibaba were changing hands at $205.22 on Friday’s close. The consensus price target is $214.81, and the 52-week range is $100.02 to $205.23.

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Also see our separate preview of Apple, Boeing, Exxon and other Dow Jones Industrial Average stocks reporting earnings this week.

Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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