Investing

Slack, American Eagle Outfitters, CrowdStrike, Ciena and More Earnings Coming This Week

Chris Lange

Published: September 1, 2019 7:05 am

Last Updated: January 30, 2020 4:43 pm

The latest earnings reporting season is winding down, but a few major companies have yet to share their results. 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.

American Eagle Outfitters Inc.’s (NYSE: AEO) earnings report is due first thing on Wednesday. The analysts’ consensus estimates call for $0.32 in earnings per share (EPS) and $1.00 billion in revenue for the fiscal second quarter. Shares ended the week at $16.82. The consensus price target is $23.93, and the 52-week range trading range is $14.53 to $26.57.

Palo Alto Networks Inc. (NYSE: PANW) is scheduled to report its fiscal fourth-quarter results after the close on Wednesday. The consensus estimates call for EPS of $1.42 and revenue at $802.23 million. Shares were changing hands at $203.62 on Friday’s close. The consensus price target is $263.30, and the 52-week trading range is $160.08 to $260.63.

Expect Slack Technologies Inc. (NYSE: WORK) to release its most recent quarterly results late on Wednesday. The consensus forecast calls for a net loss of $0.18 per share and $140.72 million in revenue for the fiscal second quarter. Shares traded most recently at $28.64. The consensus price target is $38.93, and shares have traded between $28.25 and $42.00 in the past 52 weeks.

Smartsheet Inc. (NYSE: SMAR) will report its fiscal second-quarter results late on Wednesday. Analysts are looking for a net loss of $0.16 per share and $63.52 million in revenue. Shares ended the week at $48.60, but the consensus price target is $55.40. The stock has a 52-week trading range of $20.34 to $55.79.

MongoDB Inc. (NASDAQ: MDB) fiscal second-quarter results are expected after the close on Wednesday as well. The consensus forecast is a net loss of $0.28 per share and revenue of $91.69 million. Shares were changing hands at $152.31 as the week ended. The consensus price target is $166.92, and the trading range in the past year is $62.30 to $184.78.

The Ciena Corp. (NYSE: CIEN) fiscal third-quarter report is set for Thursday before regular trading commences. The Wall Street forecast sees a profit of $0.57 per share and revenue of $932.54 million. The most recent share price was $40.93, while the consensus price target is up at $50.94. The past year’s trading range has been $28.23 to $46.78.

Lululemon Athletica Inc. (NASDAQ: LULU) fiscal second-quarter results are scheduled for Thursday after the closing bell. The consensus forecast calls for $0.89 in EPS on revenue of $845.46 million. Shares traded at $184.67 apiece on Friday’s close. The consensus price target is $193.88, and the 52-week trading range is $110.71 to $194.25.

Docusign Inc.’s (NASDAQ: DOCU) fiscal second-quarter report also is due after the close on Thursday. The consensus estimates call for $0.04 in EPS and $220.93 million in revenue. Shares traded at $46.69 most recently. The consensus price target is $61.60, and the 52-week range trading range is $35.06 to $65.87.

Look for CrowdStrike Holdings Inc. (NASDAQ: CRWD) to release its most recent quarterly results late on Thursday. The consensus forecast calls for a net loss of $0.23 per share and $103.58 million in revenue for the fiscal second quarter. Shares ended the week at $81.28. The consensus price target is $88.06, and shares have traded between $56.00 and $101.88 in the past 52 weeks.