Broadcom, Palo Alto Networks, GameStop and More Earnings Coming This Week

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By Chris Lange Updated Published
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Broadcom, Palo Alto Networks, GameStop and More Earnings Coming This Week

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This is a truncated trading week as the markets are closed on Monday, but that won’t companies from reporting quarterly results later in the week. We already have seen strong earnings from many companies pushing the S&P 500 and Nasdaq to all-time highs. If the markets want to keep up the momentum, companies will have to go on hitting their targets.

24/7 Wall St. has put together a preview of some companies that are about to report their quarterly results. We have reviewed the consensus earnings estimates from Thomson Reuters, the stock price and the trading history.

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

Conn’s Inc. (NASDAQ: CONN) will share its latest quarterly results early Tuesday. The consensus estimates call for a $0.41 in earnings per share (EPS) and $384.09 million in revenue. Shares ended last week’s trading at $41.00, in a 52-week range of $17.15 to $41.35. The consensus analyst target is $42.42.

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RH (NYSE: RH), better known as Restoration Hardware, has its second-quarter report is scheduled for Tuesday. The consensus forecast is $1.75 in EPS on $660.61 million in revenue. The retailer’s shares ended the week at $159.00 apiece. The consensus price target is $150.06, and the 52-week range is $47.50 to $164.49.

Smartsheet Inc. (NYSE: SMAR) is scheduled to share its quarterly report late on Tuesday. The consensus forecast is a net loss of $0.13 per share on revenue of $39.23 million. Shares were last seen trading at $29.73. The stock has a 52-week range of $14.50 to $169.75, and the consensus price target is $31.00.

Look for DocuSign Inc. (NASDAQ: DOCU) to report its most recent quarterly results on Wednesday. Analysts expect $0.01 in EPS and $159.6 million in revenue. The shares were changing hands at $62.44 on Friday’s close. The consensus price target is $59.00. The 52-week range is $37.00 to $68.02.

Broadcom Inc. (NASDAQ: AVGO) is expected to report its most recent quarterly results on Thursday. The consensus estimates are $4.82 in EPS and revenue of $5.07 billion. Shares of Broadcom were trading at $219.03 on Friday’s close. The consensus price target is $288.61, and the 52-week range is $197.46 to $285.68.

FuelCell Energy Inc. (NASDAQ: FCEL) is due to share its most recent quarterly results first thing Thursday. Analysts are looking for a net loss of $0.19 per share and revenue of $11.32 million. Its shares traded at $1.17 on Friday’s close, in a 52-week range of $1.00 to $2.49. The consensus price target is $3.15.

Palo Alto Networks Inc.’s (NYSE: PANW) fiscal first-quarter report is scheduled for Thursday. The consensus forecast is $1.17 in EPS on $633.05 million in revenue. Shares ended the week trading at $231.15 apiece. The consensus price target is $229.63, and the 52-week range is $135.85 to $232.31.

Marvell Technology Group Ltd. (NASDAQ: MRVL) also will report its most recent quarterly results Thursday. The consensus estimates call for EPS of $0.34 and $782.4 million in revenue for the second quarter. Shares were last seen trading at $20.68, in a 52-week range of $17.20 to $25.18. The consensus price target is $27.45.

And GameStop Corp.’s (NYSE: GME) fiscal second-quarter report is scheduled for Thursday. The consensus forecast is $0.08 in EPS on $1.61 billion in revenue. Shares ended the week trading at $13.27 apiece. The consensus price target is $14.55, and the 52-week range is $12.20 to $20.97.

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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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