Investing

AMD, GE, GM, Qualcomm, Square and More Major Earnings Coming This Week

Chris Lange

Published: July 28, 2019 10:25 am

Last Updated: January 30, 2020 6:01 pm

Though we are well into the second-quarter earnings reporting season, many major companies have yet to share their results. 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.

Under Armour Inc.’s (NYSE: UAA) second-quarter report is due before Tuesday’s opening bell. The consensus estimates are calling for a net loss of $0.05 per share and $1.2 billion in revenue. Shares closed most recently at $27.24. The consensus price target is $23.27, and the 52-week range trading range is $16.52 to $27.72.

Advanced Micro Devices Inc.’s (NASDAQ: AMD) second-quarter report is scheduled for Tuesday after the markets close. The consensus forecast calls for $0.08 in earnings per share (EPS) on $1.53 billion in revenue. Shares closed trading at $34.02 apiece on Friday. The consensus price target is $31.57, and the 52-week trading range is $16.03 to $34.86.

Look for Electronic Arts Inc. (NASDAQ: EA) to release its most recent quarterly results late on Tuesday as well. The consensus forecast calls for $0.01 in EPS and $719.16 million in revenue for the second quarter. Shares traded most recently at $89.51. The consensus price target is $111.79, and shares have traded between $73.91 and $134.00 in the past 52 weeks.

General Electric Co. (NYSE: GE) is expected to report its second-quarter results early on Wednesday. Overall, analysts anticipate earnings of $0.12 per share, as well as $28.52 billion in revenue. Shares traded at $10.51 on Friday’s close. The consensus price target is $12.58. The stock has a 52-week trading range of $6.40 to $13.25.

Expect Qualcomm Inc. (NASDAQ: QCOM) to release its most recent quarterly results late on Wednesday. The consensus forecast calls for $0.75 in EPS and $5.08 billion in revenue for the fiscal third quarter. Shares closed at $75.22. The consensus price target is $86.51, and shares have traded between $49.10 and $90.34 in the past 52 weeks.

General Motors Co. (NYSE: GM) is scheduled to report its second-quarter results before the open on Thursday. The consensus estimates call for EPS of $1.43 and $36.15 billion in revenue. Shares were changing hands at $40.77 most recently. The consensus price target is $46.15, and the 52-week trading range is $30.56 to $41.50.

Shopify Inc. (NYSE: SHOP) is set to report its most recent quarterly results before the markets open on Thursday. The consensus estimates call for $0.03 in EPS and $350.46 million in revenue. Shares closed the week out at $336.54, with a 52-week range of $117.64 to $340.84. The consensus price target is $320.84.

Square Inc. (NYSE: SQ) will report its second-quarter results after the close on Thursday. The consensus estimates are $0.16 in EPS and $557.29 million in revenue. Shares were last changing hands at $81.81. The consensus price target is $84.78, and the stock has a 52-week range of $49.82 to $101.15.

GoPro Inc.’s (NASDAQ: GPRO) second-quarter report is due after Thursday’s closing bell. The consensus estimates call for a net loss of $0.04 per share and $302.29 million in revenue. Shares ended the week at $5.40. The consensus price target is $6.88, and the 52-week range trading range is $4.00 to $7.64.

And Pinterest Inc. (NYSE: PINS) is scheduled to release its second-quarter financial results late on Thursday. The consensus estimates call for a net loss of $0.08 per share and $235.53 million in revenue. Shares were last seen trading at $27.64, in a post-IPO range of $23.05 to $35.29. The consensus price target is $28.29.