Investing
Amazon, GE, Facebook and More Major Earnings Coming This Week
Published:
Last Updated:
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.
EBay Inc. (NASDAQ: EBAY) 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.
24/7 Wall St.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.
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
