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Alibaba, HP, Target and More Earnings Coming This Week
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Although the main part of earnings season has come and gone, we reached the point in the earnings season when most big retail companies report, and this has the potential to score some big points and push the markets even higher.
24/7 Wall St. has reviewed some of the key stocks reporting this coming week. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as some additional color on each.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.
Kohl’s Corp. (NYSE: KSS) will share its latest quarterly results on Tuesday. The consensus estimates call for $1.64 in earnings per share (EPS) and $4.26 billion in revenue. Shares ended last week trading at $76.44, in a 52-week range of $36.50 to $79.92. The consensus analyst target is just $76.35.
Urban Outfitters Inc. (NASDAQ: URBN) is scheduled to share its quarterly report late on Tuesday. The consensus estimates are $0.77 in EPS on revenue of $979.22 million. Shares were last seen trading at $46.62. The stock has a 52-week range of $18.72 to $49.00, and the consensus price target is $47.56.
Look for Lowe’s Companies Inc. (NYSE: LOW) to report its most recent quarterly results on Wednesday. Analysts expect $2.02 in EPS and $20.79 billion in revenue. The shares were changing hands at $97.98 on Friday’s close. The consensus price target is $108.79. The 52-week range is $70.76 to $108.98.
Target Corp. (NYSE: TGT) is expected to report its most recent quarterly results before regular trading starts on Wednesday too. The consensus estimates are $1.40 in EPS and revenue of $17.29 billion. Shares of Target were trading at $83.04 on Friday’s close. The consensus price target is $79.22, and the 52-week range is $53.90 to $84.14.
Alibaba Group Holding Ltd.’s (NYSE: BABA) fiscal first-quarter report is scheduled for Thursday before the opening bell. The consensus forecast calls for $1.22 in EPS on $11.76 billion in revenue. Shares ended the week trading at $172.78 apiece. The consensus price target is $237.42, and the 52-week range is $164.10 to $211.70.
The Gap Inc. (NYSE: GPS) fiscal second-quarter report is scheduled for Thursday after the markets close. The consensus forecast is $0.72 in EPS on $4.01 billion in revenue. Shares ended the week trading at $31.28 apiece. The consensus price target is $32.90, and the 52-week range is $21.84 to $35.68.
HP Inc. (NYSE: HPQ) will report its most recent quarterly results Thursday afternoon. The consensus estimates call for EPS of $0.51 and $14.26 billion in revenue for the second quarter. Shares were last seen trading at $24.54, in a 52-week range of $18.36 to $24.75. The consensus price target is $26.00.
Foot Locker Inc. (NYSE: FL) is expected to release its most recent quarterly results early on Friday. The consensus forecast sees a $0.70 in EPS and $1.76 billion in revenue. Shares traded on Friday’s close at $50.70, in a 52-week range of $28.42 to $59.40. The consensus price target is $57.67.
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