The U.S. markets didn’t gain much traction this past week with the exception of the Nasdaq hitting all-time highs. Although most companies already have reported earnings and the main part of earnings season has come to a close, there are a few notable ones sharing their results 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.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.
FedEx Corp. (NYSE: FDX) is set to report its most recent quarterly results on Tuesday. Analysts are looking for $5.68 in earnings per share (EPS) and $17.24 billion in revenue. Shares closed last week at $264.55, with a consensus price target of $288.56 and a 52-week trading range of $203.13 to $274.66.
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Oracle Corp. (NYSE: ORCL) is expected to report its fiscal fourth-quarter results on Tuesday as well. The analysts’ consensus forecast is EPS of $0.94 on $11.19 billion in revenue. Shares were changing hands at $46.25 as last week came to a close. The consensus price target is $55.73, and the stock has a 52-week range of $44.04 to $53.48.
Micron Technology, Inc. (NASDAQ: MU) will share its latest quarterly earnings on Wednesday. The consensus estimates call for $3.12 in EPS and $7.75 billion in revenue. Shares ended last week at $58.23, in a 52-week range of $26.85 to $64.66. The consensus analyst target is $76.79.
Kroger Co. (NYSE: KR) is scheduled to release its most recent quarterly results on Thursday. The consensus forecast calls for $0.63 in EPS and $37.33 million in revenue. Shares traded on Friday’s close at $25.89. The consensus price target is $27.75, and the 52-week range is $19.69 to $31.45.
Red Hat, Inc. (NYSE: RHT) also will report its most recent quarterly results on Thursday. The consensus estimates call for $0.69 in EPS and $807.45 million in revenue. Shares were last seen trading at $175.00, in a 52-week range of $86.73 to $177.70. The consensus price target is $169.58.
Look for BlackBerry Limited (NYSE: BB) to release its most recent quarterly report early Friday. The consensus forecast calls for breakeven earnings on $210.62 million in revenue. Shares closed at $12.31 on Friday. The consensus target price is $11.73, and shares have changed hands between $8.47 and $14.55 in the past year.
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