Home Depot, Target, HP, Best Buy 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.
Home Depot, Target, HP, Best Buy and More Major Earnings Coming This Week

© Thinkstock

The first-quarter earnings reporting season is winding down, but some major companies have yet to share their results. Many of the companies reporting this week are retailers that share their results at the tail end of the season. Here, 24/7 Wall St. has put together a preview of the most prominent earnings reports expected this week.

We have included the consensus earnings estimates, 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 some companies may change reporting dates as well.

Home Depot Inc. (NYSE: HD | HD Price Prediction) is scheduled to report its fiscal fourth-quarter results before the open on Tuesday. Morgan Stanley includes Home Depot among its top 30 stocks for 2021. The consensus estimates call for earnings per share (EPS) of $2.19 and revenue of $26.39 billion. Shares were changing hands at $192.58 on Friday’s close. The consensus price target is $205.86, and the 52-week trading range is $158.09 to $215.43.

Look for AutoZone Inc. (NYSE: AZO) to release its most recent quarterly results early on Tuesday. The consensus forecast calls for $15.14 in EPS and $2.77 billion in revenue for the fiscal third quarter. Shares traded most recently at $984.09. The consensus price target is $1,037.24, and shares have traded between $597.00 and $1,074.67 in the past 52 weeks.

[nativounit]

Kohl’s Corp. (NYSE: KSS) is expected to report its fiscal first-quarter results Tuesday morning. The company recently expanded its partnership with Amazon. Overall, analysts anticipate $0.67 in EPS and $3.95 billion in revenue. Shares closed at $63.60 on Friday. The consensus price target is $76.13. The stock has a 52-week trading range of $58.66 to $83.28.

J.C. Penney Co. Inc.’s (NYSE: JCP) first-quarter report is due before Tuesday opening bell as well. The consensus estimates call for a net loss of $0.38 per share and $2.56 billion in revenue. Shares traded at $1.14 most recently. The consensus price target is $1.42, and the 52-week range trading range is $0.92 to $3.16.

Expect Nordstrom Inc. (NYSE: JWN) to release its most recent quarterly results late on Tuesday. The consensus forecast now calls for $0.43 in EPS and $3.57 billion in revenue for the fiscal second quarter. Shares ended the week at $37.09. The consensus price target is $47.81, and shares have traded between $36.38 and $67.75 in the past 52 weeks.

Urban Outfitters Inc. (NASDAQ: URBN) has its fiscal second-quarter report scheduled for Tuesday after the closing bell. The consensus forecast calls for $0.25 in EPS on $855.65 million in revenue. Shares traded at $26.98 apiece on Friday’s close. The consensus price target is $36.06, and the 52-week trading range is $25.96 to $52.50.

Advance Auto Parts Inc. (NYSE: AAP) will report its first-quarter results early on Wednesday. Analysts are looking for $2.36 in EPS and $2.95 billion in revenue. Shares ended the week at $157.97, but the consensus price target is $193.72. The stock has a 52-week trading range of $113.61 to $186.15.

Lowe’s Companies Inc. (NYSE: LOW) is scheduled to post its fiscal first-quarter results Wednesday morning. The consensus earnings estimate is $1.34 per share, on $17.7 billion in revenue. The stock ended the week at $109.02 a share, and the consensus price target is $117.59. Shares have traded between $84.75 and $118.23 in the past year.

Target Corp. (NYSE: TGT) is expected to report its fiscal first-quarter results before the open on Wednesday too. The consensus estimates are calling for $1.43 in EPS and $17.5 billion in revenue. Shares were last seen changing hands at $70.89. The consensus price target is $86.60, while the stock has a 52-week range of $60.15 to $90.39.

L Brands Inc. (NYSE: LB) is expected to report its fiscal first-quarter results after the close on Wednesday. The consensus estimates are breakeven earnings and $2.56 billion in revenue. Shares were last seen changing hands at $22.44. The consensus price target is $30.52 The stock has a 52-week trading range of $21.82 to $38.14.

Best Buy Co. Inc. (NYSE: BBY) will release its most recent quarterly results early on Thursday. This is one of the few retailers actually outperforming Amazon this year. The consensus forecast now calls for $0.86 in EPS and $9.13 billion in revenue for the fiscal first quarter. Shares ended the week at $68.93. The consensus price target is $77.41, and shares have traded between $47.72 and $84.37 in the past 52 weeks.

Autodesk Inc. (NASDAQ: ADSK) is also expected to report its fiscal first-quarter results Thursday afternoon. Overall, analysts anticipate $0.47 in EPS and $740.13 million in revenue. Shares closed at $174.33 on Friday. The consensus price target is $183.52. The stock has a 52-week trading range of $117.72 to $178.95.

Hewlett Packard Enterprise Co.’s (NYSE: HPE) fiscal second-quarter report is due after Thursday’s closing bell. The consensus estimates call for $0.37 in EPS and $7.4 billion in revenue. Shares traded at $14.62 most recently. The consensus price target is $17.59, and the 52-week range trading range is $12.09 to $17.74.

HP Inc. (NYSE: HPQ) has its fiscal second-quarter report scheduled for late Thursday as well. The consensus forecast calls for $0.51 in EPS on $13.97 billion in revenue. Shares traded at $19.02 apiece on Friday’s close. The consensus price target is $23.48, and the 52-week trading range is $18.06 to $27.08.

And Foot Locker Inc. (NYSE: FL) will report its fiscal first-quarter results early on Friday. Analysts are looking for $1.61 in EPS and $2.11 billion in revenue. Shares ended the week trading at $55.20, but the consensus price target is $70.32. The stock has a 52-week trading range of $43.34 to $68.00.

[recirclink id=547802]
[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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

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