Investing

Best Buy, Deere, Dell, HP, Palo Alto Networks and More Major Earnings Coming This Week

Chris Lange

Published: November 24, 2019 7:05 am

Last Updated: January 30, 2020 12:50 pm

The third-quarter earnings reporting season has wound down, but a few more major companies still will be sharing their results in the coming weeks. Here, 24/7 Wall St. has put together a preview of the most prominent earnings reports expected during this truncated trading week of Thanksgiving.

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.

Palo Alto Networks Inc. (NYSE: PANW) will report its fiscal first-quarter results late on Monday. Analysts are looking for $1.03 in earnings per share (EPS) and $768.02 million in revenue. Shares have traded recently below $250, but the consensus price target is $262.42. The stock has a 52-week trading range of $165.03 to $260.63.

Expect Hewlett Packard Enterprise Co. (NYSE: HPE) to release its most recent quarterly results Monday afternoon as well. The consensus forecast calls for $0.46 in EPS and $7.4 billion in revenue for the fiscal fourth quarter. Shares have retreated from a recent high above $17.50. The consensus price target is just $17.21, and shares have traded between $12.09 and $17.59 in the past 52 weeks.

Ambarella Inc.’s (NASDAQ: AMBA) fiscal third-quarter results are expected after the close on Monday. The consensus forecast is $0.20 in EPS and revenue of $65.03 million. Shares were changing hands below $55 late in the week. The consensus price target is $57.44, and the trading range in the past year is $32.23 to $67.15.

Look for Dollar Tree Inc. (NASDAQ: DLTR) to release its most recent quarterly results early on Tuesday. The consensus forecast calls for $1.13 in EPS and $5.74 billion in revenue for the fiscal third quarter. Shares traded mostly below $109 last week. The consensus price target is $116.44, and shares have traded between $81.02 and $119.71 in the past 52 weeks.

The Dell Technologies Inc. (NYSE: DELL) fiscal third-quarter report also is scheduled for Tuesday before the opening bell. The consensus forecast is $1.62 in EPS on revenue of $23.04 billion. The stock was changing hands below $54 a share as the week wound down. The consensus price target is $66.16. The 52-week range is $41.58 to $70.55.

Best Buy Co. Inc.’s (NYSE: BBY) fiscal third-quarter report is expected for first thing Tuesday as well. The consensus forecast calls for $1.03 in EPS on revenue of $9.7 billion. Shares traded at less than $73 late in the week. The consensus price target is $76.81, and the 52-week trading range is $47.72 to $78.53.

Autodesk Inc. (NASDAQ: ADSK) is scheduled to report its fiscal third-quarter results after the close on Tuesday. The consensus estimates call for $0.73 in EPS and revenue of $826.56 million. Shares recently have been changing hands at under $167. The consensus price target is $173.26, and the 52-week trading range is $117.72 to $178.95.

Watch for HP Inc. (NYSE: HPQ) to release its most recent quarterly results late on Tuesday as well. The consensus forecast calls for $0.58 in EPS and $15.27 billion in revenue for the fiscal fourth quarter. Shares traded recently around $20. The consensus price target is just $19.95, and share price has ranged between $15.93 and $24.17 in the past 52 weeks.

And Deere & Co. (NYSE: DE) will share its most recent quarterly results early on Wednesday. The consensus forecast for the fiscal fourth quarter calls for $2.14 in EPS and $8.44 billion in revenue. Shares were trading around $176. The consensus price target is $173.74, and shares have traded between $132.68 and $180.48 in the past 52 weeks.