Investing

Citigroup, JPMorgan, Wells Fargo and More Earnings Coming This Week

Chris Lange

Published: July 8, 2018 10:10 am

Last Updated: January 11, 2020 9:20 pm

The U.S. markets took a step forward this past week, especially the Nasdaq. The new earnings season is just around the corner with a few of the major banks kicking it off next Friday, but there are a couple other notable companies sharing their results this week as well.

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.

PepsiCo Inc. (NASDAQ: PEP) is set to report its most recent quarterly results on Tuesday. Analysts are looking for $1.52 in earnings per share (EPS) and $16.08 billion in revenue. Shares closed last week at $109.56, with a consensus price target of $114.52 and a 52-week trading range of $95.94 to $122.51.

National Beverage Corp. (NASDAQ: FIZZ) is expected to report its fiscal first-quarter results on Thursday. The analysts’ consensus forecast is EPS of $1.04 on $289.41 million in revenue. Shares were changing hands at $107.04 as last week came to a close. The consensus price target is $102.00, and the stock has a 52-week range of $83.78 to $129.82.

Look for Citigroup Inc. (NYSE: C) to release its most recent quarterly report early Friday. The consensus forecast calls for $1.57 in EPS on $18.53 billion in revenue. Shares closed at $67.14 on Friday. The consensus target price is $83.54, and shares have changed hands between $64.38 and $80.70 in the past year.

JPMorgan Chase & Co. (NYSE: JPM) will share its latest quarterly earnings on Friday. The consensus estimates are $2.22 in EPS and $27.44 billion in revenue. Shares ended last week at $104.06, in a 52-week range of $88.08 to $119.33. The consensus target price is $121.67.

Wells Fargo & Co. (NYSE: WFC) is scheduled to release its most recent quarterly results on Friday as well. The consensus forecast calls for $1.12 in EPS and $21.66 billion in revenue. Shares traded at $55.89 on Friday’s close. The consensus price target is $61.28, and the 52-week range is $49.27 to $66.31.