Dollar General, Broadcom, Kroger and More Major Earnings Coming This Week

Investing

Published: December 2, 2018 10:15 am

Last Updated: January 11, 2020 2:15 pm

This past week was a positive one for the U.S. broad markets, capping off November with roughly a 2% gain in both the S&P 500 and the Dow Jones industrial average. While this might not be particularly impressive, it still beats the alternative that was seen in October when markets dropped by nearly double digits.

With December just around the corner, there are quite a few major companies reporting in this coming week that can start the month out on a positive note.

24/7 Wall St. has put together a preview of the earnings reports that are coming out this week. 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.

AutoZone Inc. (NYSE: AZO) is set to report its most recent quarterly results on Tuesday. Analysts are looking for $12.21 in earnings per share (EPS) and $2.64 billion in revenue. Shares closed last week at $809.07, with a consensus price target of $827.76 and a 52-week trading range of $590.76 to $842.10.

Conn’s Inc. (NASDAQ: CONN) is expected to report its third-quarter results on Tuesday as well. The consensus forecast sees EPS of $0.58 on $385.69 million in revenue. Shares were changing hands at $27.91 as last week came to a close. The consensus price target is $42.42, and the stock has a 52-week range of $22.10 to $42.65.

On Tuesday, Dollar General Corp. (NYSE: DG) is scheduled to reveal its third-quarter results. The consensus estimates are $1.26 in EPS and $6.38 billion in revenue. Shares were trading at $110.99 as the week ended. The consensus price target is $117.75. The 52-week trading range is $85.54 to $118.45.

Hewlett Packard Enterprise Co. (NYSE: HPE) will share its latest quarterly earnings on Tuesday afternoon. The consensus estimates call for $0.43 in EPS and $7.84 billion in revenue. Shares ended last week at $15.00, in a 52-week range of $13.75 to $19.48. The consensus analyst target is $18.42.

Marvell Technology Group Ltd. (NASDAQ: MRVL) also is expected to report its most recent quarterly results on Tuesday as well. The consensus analyst estimates are $0.32 in EPS and revenue of $844.82 million. Shares of Marvell were at $16.11 on Friday’s close. The consensus price target is $26.14, and the 52-week trading range is $14.69 to $25.18.

American Eagle Outfitters Inc. (NYSE: AEO) is expected to report its third-quarter results on Wednesday. The consensus forecast sees EPS of $0.48 on $1.02 billion in revenue. Shares were changing hands at $20.93 as last week came to a close. The consensus price target is $25.80, and the stock has a 52-week range of $15.28 to $29.88.

Lululemon Athletica Inc. (NASDAQ: LULU) is scheduled to reveal its third-quarter results on Wednesday as well. The consensus estimates are $0.69 in EPS and $735.93 million in revenue. Shares were trading at $132.55 as the week’s trading ended. The consensus price target is $163.14. The 52-week range is $65.30 to $164.79.

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Broadcom Inc. (NASDAQ: AVGO) will share its latest quarterly earnings early on Thursday. The consensus estimates call for $5.55 in EPS and $5.4 billion in revenue. Shares ended last week at $237.41, in a 52-week range of $197.46 to $275.70. The consensus analyst target is $287.15.

Kroger Co. (NYSE: KR) is expected to report its fiscal third-quarter results on Thursday. The consensus forecast sees EPS of $0.43 on $27.69 billion in revenue. Shares were changing hands at $29.66 as last week came to a close. The consensus price target is $30.96, and the stock has a 52-week range of $22.85 to $32.74.

And Ulta Beauty Inc. (NASDAQ: ULTA) also is scheduled to report its fiscal third-quarter results on Thursday. The consensus forecast is EPS of $2.16 on $1.56 billion in revenue. Shares were changing hands at $297.79 as last week came to a close. The consensus price target is $319.52, and the stock has a 52-week range of $191.70 to $322.49.

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