Investing

Alphabet, AT&T, Facebook, Mastercard, Starbucks and More Major Earnings This Week

Chris Lange

Published: October 27, 2019 6:55 am

Last Updated: January 30, 2020 2:02 pm

Now that the third-quarter earnings reporting season is has kicked off, many more major companies will be sharing their results in the coming weeks. Here, 24/7 Wall St. has put together a preview of the most prominent of the many earnings reports that are 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.

For more of what’s expected from this week’s quarterly reports, check out our separate preview of Apple and other Dow Jones industrials scheduled to share their results.

AT&T Inc. (NYSE: T) will report its third-quarter results before the markets open on Monday. Analysts are looking for $0.93 in earnings per share (EPS) and $45.0 billion in revenue. Shares were most recently trading at $36.91, though the consensus price target is just $36.50. The stock has a 52-week trading range of $26.80 to $38.75.

Alphabet Inc.’s (NASDAQ: GOOGL) third-quarter report is scheduled for Monday after the closing bell. The consensus forecast calls for $12.38 in EPS on $40.32 billion in revenue. Shares were trading at $1,264.30 apiece on Friday’s close. The consensus price target is $1,426.41, and the 52-week trading range is $977.66 to $1,296.97.

Expect Mastercard Inc. (NYSE: MA) to release its most recent quarterly results early on Tuesday. The consensus forecast calls for $2.01 in EPS and $4.42 billion in revenue for the third quarter. Shares closed at $270.19. The consensus price target is $310.09, and shares have traded between $171.89 and $293.69 in the past 52 weeks.

Amgen Inc. (NASDAQ: AMGN) is scheduled to report its third-quarter results on Tuesday. The consensus estimates call for $3.52 in EPS and revenue of $5.64 billion. The stock was last trading at $203.05 a share. The consensus price target is $215.62, and the 52-week trading range is $166.30 to $211.90.

T-Mobile US Inc.’s (NASDAQ: TMUS) third-quarter report is expected Tuesday after the markets close. The consensus forecast calls for $0.96 in EPS on $11.33 billion in revenue. Shares closed trading at $81.62 on Friday. The consensus price target is $88.95, and shares have traded in a 52-week range of $59.96 to $85.22.

The Starbucks Corp. (NASDAQ: SBUX) fiscal fourth-quarter report is due after Wednesday’s closing bell. The consensus estimates are EPS of $0.70 and $6.68 billion in revenue. Shares closed at $83.38. The consensus price target is $96.07, and the 52-week range trading range is $57.39 to $99.72.

Facebook Inc. (NASDAQ: FB) is set to report its third-quarter results late on Wednesday. The consensus estimates are $1.91 in EPS and $17.36 billion in revenue. Shares closed trading at $187.89. The consensus price target is $235.70, and the stock has a 52-week range of $123.02 to $208.66.

Kraft Heinz Co. (NASDAQ: KHC) is scheduled to report its third-quarter results on Thursday after the close. The consensus estimates call for $0.54 in EPS and revenue of $6.13 billion. Shares were last trading at $28.38. The consensus price target is $28.59, and the 52-week trading range is $24.86 to $56.50.

And look for AbbVie Inc. (NYSE: ABBV) to release its most recent quarterly results early on Friday. The consensus forecast calls for $2.30 in EPS and $8.38 billion in revenue for the third quarter. Shares ended the week at $76.53. The consensus price target is $87.80, and shares have traded between $62.66 and $94.98 in the past 52 weeks.