Walmart, Cisco, Macy’s and More Major Earnings Coming This Week

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By Chris Lange Updated Published
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The U.S. broad markets rallied this week to break their two-week losing streak. Crude oil helped in that regard, pushing over the $70 a barrel price level and providing a handy boost to energy stocks. Tech and financial stocks also helped push the markets higher. Although most companies already have reported earnings, there are a few big Dow stocks coming this week and a handful of retailers to look out for.

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.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.

Home Depot Inc. (NYSE: HD) is set to report its most recent quarterly results on Tuesday. Analysts are calling for $2.06 in earnings per share (EPS) and $25.21 billion in revenue. Shares closed the week at $190.31, with a consensus price target of $211.24 and a 52-week trading range of $144.25 to $207.61.

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Cisco Systems Inc.’s (NASDAQ: CSCO) fiscal third-quarter report is scheduled for Wednesday. The consensus forecast is for $0.65 in EPS on $12.44 billion in revenue. Shares closed most recently at $45.93 apiece. The consensus price target is $49.71, and the 52-week range is $30.36 to $46.37.

Look for Macy’s Inc. (NYSE: M) to release its most recent quarterly report early Wednesday. The consensus forecast calls for $0.35 in EPS on $5.39 billion in revenue. Shares closed at $29.64 on Friday. The consensus target price is $29.71, and shares have changed hands between $17.41 and $32.45 in the past year.

Applied Materials Inc. (NASDAQ: AMAT) is poised to post its most recent quarterly results Thursday. The consensus forecast is $1.14 in EPS and $4.45 billion in revenue. Shares closed at $54.84 apiece. The consensus price target is $70.14, and the 52-week range is $40.79 to $62.40.

Nordstrom Inc.’s (NYSE: JWN) most recent quarterly release is anticipated late on Thursday. The consensus forecast is $0.44 in EPS on $3.46 billion in revenue. Shares ended the week at $48.80. The consensus target price is $51.19, and the 52-week range is $37.79 to $54.00.

Watch for J.C. Penney Co. Inc.’s (NYSE: JCP) fiscal first-quarter report on Thursday as well. The consensus forecast is a net loss of $0.20 per share on $2.63 billion in revenue. Shares were last seen trading at $2.84. The consensus price target is $3.94, and shares have traded between $2.35 and $5.63 in the past 52 weeks.

Walmart Inc.’s (NYSE: WMT) most recent quarterly release is due early on Thursday. Analysts are looking for $1.13 in EPS on $120.51 billion in revenue. Shares ended the week at $83.38. The consensus target price is $105.40, and the 52-week range is $73.13 to $109.98.

And Deere & Co. (NYSE: DE) is expected to release its most recent quarterly report on Friday. The consensus forecast calls for $3.30 in EPS on $9.83 billion in revenue. Shares ended last week at $147.32. The consensus target price is $181.26, and shares have changed hands between $111.12 and $175.26 in the past year.

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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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