Investing

Costco, Pepsi, Constellation Brands and More Earnings Coming This Week

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The broad markets are holding just below all-time highs, after hitting these numbers last week. Although there has been a lot of distraction from Washington, markets have continued their rally, pushing even higher. Coming up this week, a few major U.S. companies have quarterly reports that could help push the markets even higher.

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.

Stitch Fix Inc. (NASDAQ: SFIX) will share its latest quarterly results late Monday. The consensus estimates call for a $0.04 in earnings per share (EPS) and $318.61 million in revenue. Shares closed trading at $43.77 on Friday, in a 52-week range of $14.48 to $52.44. The consensus analyst target is $34.11.

Paychex Inc. (NASDAQ: PAYX) has its fiscal first-quarter report scheduled for Tuesday. The consensus forecast is $0.65 in EPS on $850.4 million in revenue. Shares were last trading at $73.65. The consensus price target is $69.40, and the 52-week range is $59.34 to $75.73.

PepsiCo Inc. (NASDAQ: PEP) is scheduled to share its quarterly report early on Tuesday as well. The consensus forecast is $1.57 in EPS on revenue of $16.36 billion. Shares ended the week at $111.80. The stock has a 52-week range of $95.94 to $122.51, and the consensus price target is $118.00.

Look for Lennar Corp. (NYSE: LEN) to report its most recent quarterly results on Wednesday. Analysts expect to see $1.19 in EPS and $5.64 billion in revenue. The shares were changing hands at $46.69 on Friday’s close. The consensus price target is $69.82. The 52-week range is $46.60 to $72.17.

Pier 1 Imports Inc. (NYSE: PIR) also is expected to post its most recent quarterly results on Wednesday. The consensus estimates are a net loss of $0.61 per share and revenue of $360.29 million. Shares of Pier 1 were trading at $1.50, with a consensus price target of $1.43 and a 52-week range of $1.36 to $5.92.

Constellation Brands Inc.’s (NYSE: STZ) fiscal second-quarter report is scheduled for early Thursday. The consensus forecast is $2.60 in EPS on $2.25 billion in revenue. Shares were last seen at $215.62. The consensus price target is $243.68, and the 52-week range is $198.44 to $236.62.

Costco Wholesale Corp. (NASDAQ: COST) is scheduled to share its quarterly report on Thursday. The consensus forecast is $2.36 in EPS on revenue of $44.27 billion. Shares were traded at $234.88. The stock has a 52-week range of $154.11 to $245.16, and the consensus price target is $241.48.

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