Investing

BlackBerry, GameStop, Walgreens and More Earnings to Watch For This Week

The U.S. broad markets pulled back again this past week, with some of the worst days being Thursday and Friday. Although we are in the doldrums in terms of companies reporting earnings, there are still a few big names on deck this week. If we want to see any sort of recovery, there have to be some strong reports this week.

24/7 Wall St. has put together a preview of some of the top companies reporting their latest results in the coming week. 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.

Red Hat Inc.’s (NYSE: RHT) fiscal fourth-quarter report is scheduled for Monday. The consensus estimates are $0.81 in earnings per share (EPS) on $761.6 million in revenue. The shares closed at $147.90 on Friday. The consensus price target is $137.77, and the 52-week trading range is $81.92 to $157.22.

Lululemon Athletica Inc. (NASDAQ: LULU) is set to release its most recent quarterly results on Tuesday. The consensus forecast calls for $1.27 in EPS and $911.42 million in revenue. Shares traded on Friday’s close at $79.51. The consensus price target is $84.33, and the 52-week range is $47.26 to $83.98.

BlackBerry Ltd. (NYSE: BB) will report its most recent quarterly results on Wednesday. The consensus estimates call for breakeven earnings and $216.81 million in revenue. Shares were last seen trading at $12.44, in a 52-week range of $6.83 to $14.55. The consensus price target is $11.46.

GameStop Corp. (NYSE: GME) fiscal fourth-quarter report is scheduled for Wednesday. The consensus forecast is $1.97 in EPS on $3.27 billion in revenue. Shares closed at $13.50 apiece. The consensus price target is $20.40, and the 52-week range is $13.49 to $25.31.

Walgreens Boots Alliance Inc. (NASDAQ: WBA) is expected to release its most recent quarterly report early Wednesday. The consensus forecast calls for EPS of $1.55 on $32.19 billion in revenue. Shares closed at $65.43 on Friday. The consensus target price is $85.56, and shares have changed hands between $63.82 and $89.69 in the past year.

Constellation Brands Inc. (NYSE: STZ) is poised to post its most recent quarterly results Thursday. The consensus forecast is $1.74 in EPS and $1.75 billion in revenue. Shares closed at $220.92 apiece. The consensus price target is $251.00, and the 52-week range is $160.53 to $231.83.

Switch Inc.’s (NYSE: SWCH) most recent quarterly release is anticipated late on Thursday. The consensus forecast calls for a net loss of $0.21 per share on revenue of $98.8 million. Shares ended the week at $15.22. The consensus target price is $19.60, and the 52-week range is $13.34 to $24.90.

 

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