Amazon, GE, Facebook and More Major Earnings Coming This Week

Photo of Chris Lange
By Chris Lange Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Amazon, GE, Facebook and More Major Earnings Coming This Week

© Thinkstock

Earnings season is here and most major companies are gearing up to report and set a direction for the broad markets. After suffering through the worst December since 1931, it remains to be seen if these companies can prop up the markets.

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.

Advanced Micro Devices Inc. (NASDAQ: AMD) is expected to report its most recent quarterly results Tuesday afternoon. The consensus analyst estimates call for $0.08 in earnings per share (EPS) and revenue of $1.45 billion. Shares of AMD closed at $21.93 on Friday. The consensus price target is $23.70. The 52-week trading range is $9.04 to $34.14.

[nativounit]

EBay Inc. (NASDAQ: EBAY | EBAY Price Prediction) is set to report its fourth-quarter results after the closing bell on Tuesday. The consensus estimates are $0.68 in EPS and $2.87 billion in revenue. Shares were trading at $33.72 apiece on Friday’s close. The consensus price target is $36.18, and the stock has a 52-week range of $26.01 to $46.99.

AT&T Inc. (NYSE: T) is scheduled to report its fourth-quarter results before the opening bell on Wednesday. The consensus estimates call for EPS of $0.86 and $48.48 billion in revenue. Shares were changing hands at $30.66 on Friday’s close. The consensus price target is $34.96, and the 52-week trading range is $26.80 to $39.29.

Qualcomm Inc. (NASDAQ: QCOM) is expected to report its fiscal first-quarter results late Wednesday. The consensus estimates are $1.09 in EPS on revenue of $4.9 billion. Shares were changing hands at $51.30 on Friday’s close. The consensus price target is $67.60, and the 52-week trading range is $48.56 to $76.50.

Alibaba Group Holding Ltd.’s (NYSE: BABA) fiscal first-quarter report is scheduled for Wednesday before the opening bell. The consensus forecast calls for $1.67 in EPS on $17.59 billion in revenue. Shares ended the week trading at $159.21 apiece. The consensus price target is $201.44, and the 52-week trading range is $129.77 to $211.70.

[recirclink id=524109]

Facebook Inc. (NASDAQ: FB) will report its fourth-quarter results late on Wednesday. Overall, analysts expect to see $2.19 in EPS, as well as $16.4 billion in revenue. Shares traded at $149.01 on Friday’s close. The consensus price target is $185.28. The stock has a 52-week trading range of $123.02 to $218.62.

Look for Tesla Inc. (NASDAQ: TSLA) to release its most recent quarterly results late on Wednesday as well. The consensus forecast calls for $2.22 in EPS and $7.07 billion in revenue for the fourth quarter. Shares traded on Friday’s close at $297.04. The consensus price target is $334.53, and shares have traded between $244.59 and $387.46 in the past 52 weeks.

Amazon.com Inc. (NASDAQ: AMZN) will report its fourth-quarter results after the closing bell on Thursday. The consensus estimates are EPS of $5.65 and $71.85 billion in revenue. Shares were changing hands at $1,670.57 on Friday’s close. The consensus price target is $2,139.52, and the stock has a 52-week range of $1,265.93 to $2,050.50.

And General Electric Co. (NYSE: GE) also reports its fourth-quarter results on Thursday. The consensus estimates call for EPS of $0.22 and $32.67 billion in revenue. Shares were last seen at $9.16. The consensus price target is $11.61. The stock has a 52-week range of $6.66 to $16.43.

[wallst_email_signup]

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.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618