Thanksgiving is upon us, and that means a shortened trading week. Although markets will be open on Black Friday, it is usually a very light trading day as most investors and traders will take the day off because they are stuffed with turkey. Also, Wednesday is usually a light day, as many are traveling or taking off early for Thanksgiving.
24/7 Wall St. has put together a preview of the earnings reports that are coming out this week. Even though it is a light trading week — implying earnings reports will be light as well — there will still be at least a few major companies reporting.
Here, we have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and that some companies may change reporting dates as well.
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L Brands Inc. (NYSE: LB) is set to report its most recent quarterly results on Monday. Analysts are looking for $0.15 in earnings per share (EPS) and $2.7 billion in revenue. Shares closed last week at $35.28, with a consensus price target of $35.58 and a 52-week trading range of $25.89 to $63.10.
Urban Outfitters Inc. (NASDAQ: URBN) is expected to report its third-quarter results on Monday as well. The consensus forecast sees EPS of $0.63 on $969.05 million in revenue. Shares were changing hands at $37.04 as last week came to a close. The consensus price target is $49.37, and the stock has a 52-week range of $26.82 to $52.50.
On Tuesday, Autodesk Inc. (NASDAQ: ADSK) is scheduled to reveal its fiscal third-quarter results. The consensus estimates are $0.27 in EPS and $640.79 million in revenue. Shares were trading at $134.04 as the week ended. The consensus price target is $166.45. The 52-week trading range is $101.55 to $159.94.
Best Buy Co. Inc. (NYSE: BBY) will share its latest quarterly earnings on Tuesday. The consensus estimates call for $0.85 in EPS and $9.56 billion in revenue. Shares ended last week at $66.43, in a 52-week range of $54.34 to $84.37. The consensus analyst target is $78.22.
Campbell Soup Co. (NYSE: CPB) also is expected to report its most recent quarterly results on Tuesday. The consensus analyst estimates are $0.71 in EPS and revenue of $2.64 billion. Shares of Campbell Soup were at $38.65 on Friday’s close. The consensus price target is $36.40, and the 52-week trading range is $32.63 to $51.07.
Kohl’s Corp. (NYSE: KSS) is expected to report its third-quarter results on Tuesday. The consensus forecast sees EPS of $0.96 on $4.36 billion in revenue. Shares were changing hands at $72.49 as last week came to a close. The consensus price target is $82.61, and the stock has a 52-week range of $42.81 to $83.28.
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Lowe’s Companies Inc. (NYSE: LOW) is scheduled to reveal its third-quarter results on Tuesday as well. The consensus estimates are $0.98 in EPS and $17.34 billion in revenue. Shares were trading at $93.25 as the week’s trading ended. The consensus price target is $118.07. The 52-week range is $79.11 to $117.70.
Target Corp. (NYSE: TGT) will share its latest quarterly earnings early on Tuesday. The consensus estimates call for $1.12 in EPS and $17.8 billion in revenue. Shares ended last week at $79.68, in a 52-week range of $55.25 to $90.39. The consensus analyst target is $90.01.
And Deere & Co. (NYSE: DE) also is scheduled to report its fiscal fourth-quarter results on Wednesday. The consensus forecast is EPS of $2.45 on $8.58 billion in revenue. Shares were changing hands at $147.87 as last week came to a close. The consensus price target is $173.28, and the stock has a 52-week range of $128.32 to $175.26.
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