Amazon, Facebook, Starbucks, Tesla and More Major Earnings Coming This Week

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By Chris Lange Updated Published
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Amazon, Facebook, Starbucks, Tesla and More Major Earnings Coming This Week

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This week will be perhaps the biggest week of earnings season, with many major names reporting. Last week we saw positive results lift the S&P 500, Dow Jones industrial average, and Nasdaq to all-time highs. And with the likes of Amazon, Facebook, Tesla, and more reporting, the markets could keep running.

This is also a huge week for the Dow Jones industrials, with nearly half of the index expected to report.

24/7 Wall St. has put together a preview of the most prominent earnings reports 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.

Beyond Meat Inc.’s (NASDAQ: BYND) fourth-quarter report is due late on Monday. The consensus estimates call for $0.01 in earnings per share (EPS) and $76.36 million in revenue. Shares ended the week shy of $120. The consensus price target is just $105.84, and the post-IPO range trading range is $45.00 to $239.71.

Fourth-quarter results for Biogen Inc. (NASDAQ: BIIB | BIIB Price Prediction) are expected early on Tuesday. The consensus estimates are earnings of $7.95 per share on revenue of $3.53 billion. Shares traded slipped below $280 on Friday, while the consensus price target is $304.57. The 52-week range trading range is $215.78 to $338.87.

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Starbucks Corp. (NASDAQ: SBUX) is scheduled to report its fiscal first-quarter earnings Tuesday afternoon. The consensus estimates call for $0.76 in EPS and revenue of $7.1 billion. Shares were changing hands near $92 as the week ended. The $95.48 mean price target compares with a 52-week trading range of $65.91 to $99.72.

eBay Inc. (NASDAQ: EBAY) is set to report its fourth-quarter earnings Tuesday after the close. The consensus estimates call for $0.76 in EPS and revenue of $2.81 billion. Shares were changing hands at $35.36 on last look. The $39.54 mean price target compares with the 52-week trading range of $32.77 to $42.00.

Advanced Micro Devices Inc. (NASDAQ: AMD) is scheduled to report its fourth-quarter results late Tuesday. The consensus estimates call $0.31 in EPS and revenue of $2.11 billion. The share price dropped below $51 on Friday. The analysts’ mean price target is $42.78, and the 52-week trading range is $19.05 to $52.81.

Look for Amgen Inc. (NASDAQ: AMGN) to share its most recent quarterly results after Tuesday’s closing bell as well. The consensus forecast calls for $3.51 in EPS and $6.08 billion in revenue for the fourth quarter. Shares closed below $226 on Friday. The consensus price target is just $243.36, and shares have traded between $166.30 and $244.99 in the past 52 weeks.

Alibaba Group Holdings Ltd.’s (NYSE: BABA) fiscal third-quarter report is due early on Wednesday. The consensus estimates call for $2.22 in EPS and $22.45 billion in revenue. Shares ended the week near $214. The consensus price target is $237.22, and the 52-week range trading range is $147.95 to $231.14.

The report from AT&T Inc. (NYSE: T) is expected Wednesday morning as well. The fourth-quarter consensus estimates are $0.87 EPS on revenue of $46.95 billion. Shares closed north of $38 on Friday, in a 52-week range of $28.92 to $39.70. The consensus price target is $39.17.

Mastercard Inc. (NYSE: MA) is set to release its fourth-quarter numbers before Wednesday’s regular trading begins. The consensus estimates call for $1.67 in EPS and revenue of $4.4 billion. Shares were last seen trading at $323.67 apiece. The consensus price target is $339.57, and the 52-week trading range is $197.66 to $327.09.

Look for General Electric Co. (NYSE: GE) to share its fourth-quarter numbers before Wednesday’s open. The consensus estimates call for $0.18 in EPS and revenue of $25.59 billion. Shares closed at $11.71 apiece, above the consensus price target of $11.27. The 52-week trading range is $7.65 to $12.24.

PayPal Holdings Inc. (NASDAQ: PYPL) will release its most recent quarterly results on Wednesday afternoon. The consensus forecast calls for $0.83 in EPS and $4.94 billion in revenue for the fourth quarter. Shares closed around $117 on Friday. The consensus price target is $129.24. The share price has ranged from $86.62 to $121.48 in the past 52 weeks.

Qualcomm Inc.’s (NASDAQ: QCOM) fiscal third-quarter report is due late on Wednesday. The consensus estimates call for $0.85 in earnings per share (EPS) and $4.83 billion in revenue. Shares ended the week below $90. The consensus price target is $99.25, and the 52-week range trading range is $49.10 to $96.17.

Fourth-quarter results for Tesla Inc. (NASDAQ: TSLA) are expected after Wednesday’s close. The consensus forecast sees earnings at $1.72 per share on revenue of $7.02 billion. Shares traded near $565 as the trading week closed, while the consensus price target is down at $368.35. The 52-week range trading range is $176.99 to $594.50.

Facebook Inc. (NASDAQ: FB) also is scheduled to report its fourth-quarter earnings Wednesday afternoon. The consensus estimates call for $2.53 in EPS and revenue of $20.88 billion. Shares were changing hands just below $218 on last look. The $245.92 mean price target is well above the 52-week trading range of $143.43 to $222.75.

Eli Lilly and Co. (NYSE: LLY) is due to report its fourth-quarter results early on Thursday. The consensus estimates call for $1.52 in EPS and revenue of $5.91 billion. The share price dropped to about $139 on Friday but was still above the analysts’ mean price target of $133.08. The 52-week trading range is $101.36 to $142.25.

The Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) fourth-quarter report is due first thing Thursday as well. The consensus estimates call for $2.58 in EPS and $1.3 billion in revenue. Shares ended the week above $105. The consensus price target is $145.11, and the 52-week range trading range is $94.59 to $141.86.

Amazon.com Inc. (NASDAQ: AMZN) will share its most recent quarterly results after Thursday’s close. The consensus forecast calls for $4.04 in EPS and $85.9 billion in revenue for the fourth quarter. Shares closed trading at $1,861.64 on Friday. The consensus price target is $2,181.63, and shares have traded between $1,566.76 and $2,035.80 in the past 52 weeks.

Electronic Arts Inc. (NASDAQ: EA) is expected to report Thursday afternoon too. The fourth-quarter consensus estimates are $2.51 EPS on revenue of $1.96 billion. Shares closed at $112.33 on Friday, in a 52-week range of $78.00 to $114.13. The consensus price target is $111.90.

And watch for Honeywell International Inc. (NYSE: HON) to release its most recent quarterly results on Friday morning. The consensus forecast calls for $2.04 in EPS and $9.61 billion in revenue for the fourth quarter. Shares saw a year-to-date low of $176.49 on Friday. The consensus price target is $188.55. The share price has ranged from $138.87 to $184.06 in the past 52 weeks.

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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.

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