Cisco, CVS, Lyft, Nvidia, Shopify, Roku and More Major Earnings Coming This Week

Investing

Published: February 9, 2020 7:05 am

The fourth-quarter earnings reporting season has reached a peak, but many more major companies will be sharing their results soon. With the coronavirus, China and impeachment dominating the news flow, it is increasingly important to pay attention to the fundamentals and what these earnings reports have to say. Here, 24/7 Wall St. has put together a preview of a few of the most anticipated quarterly 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.

Hasbro Inc.’s (NASDAQ: HAS) fourth-quarter report is scheduled for Tuesday before the opening bell. The consensus forecast calls for earnings per share (EPS) of $0.91 on $1.44 billion in revenue. Shares slipped belwo $100 apiece on Friday. The consensus price target is $116.27, and the 52-week trading range is $102.62 to $126.87.

Under Armour Inc. (NYSE: UAA) also will report its fourth-quarter results before the markets open on Tuesday. Analysts are looking for $0.10 in EPS and $1.46 billion in revenue. Shares ended the week trading above $20, with a consensus price target of $21.45. The stock has a 52-week trading range of $16.74 to $27.72.

Expect Lyft Inc. (NASDAQ: LYFT) to release its most recent quarterly results late on Tuesday. The consensus forecast calls for a net loss of $1.36 per share and $984.17 million in revenue for the fourth quarter. The share price was last seen at just shy of $50. The consensus price target is $66.13, and shares have traded between $37.07 and $88.60 since the IPO.

CVS Health Corp. (NYSE: CVS) also is scheduled to report its fourth-quarter results on Wednesday morning. The consensus estimates call for $1.68 in EPS and revenue of $63.97 billion. The stock traded near $72 a share. The consensus price target is $81.71, and the 52-week trading range is $51.72 to $77.03.

Shopify Inc.’s (NYSE: SHOP) fourth-quarter report is expected Wednesday before the markets open. The consensus forecast calls for $0.24 in EPS on $482.05 million in revenue. Shares traded around $480 on Friday. The consensus price target is $411.46, and shares have traded in a 52-week range of $160.63 to $487.68.

The Teva Pharmaceuticals Ltd. (NYSE: TEVA) results for the fourth quarter is due first thing Wednesday as well. The consensus estimates are EPS of $0.61 and $4.35 billion in revenue. Shares have traded just above $12 in recent days. The consensus price target is $8.50, and the 52-week range trading range is $6.07 to $19.21.

Cisco Systems Inc.’s (NASDAQ: CSCO) fiscal second-quarter report is scheduled for after the close Wednesday. The consensus forecast calls for EPS of $0.76 on $11.98 billion in revenue. Shares were trading near $48 apiece as the week came to a close. The consensus price target is $52.30, and the 52-week trading range is $43.40 to $58.26.

Applied Materials Inc. (NASDAQ: AMAT) also will report its fiscal first-quarter results after regular trading ends on Wednesday. Analysts are looking for $0.92 in EPS and $4.11 billion in revenue. Shares slipped below $63 on Friday, with a consensus price target of $69.26. The stock has a 52-week trading range of $36.80 to $64.93.

Duke Energy Corp. (NYSE: DUK) is scheduled to report its fourth-quarter results first thing Thursday morning. The consensus estimates call for $0.87 in EPS and revenue of $6.41 billion. On Friday, the stock retreated to below $97 per share. The consensus price target is $99.25, and the 52-week trading range is $84.28 to $98.05.

The Kraft Heinz Co. (NASDAQ: KHC) fourth-quarter report is expected Thursday before the markets open. The consensus forecast calls for $0.68 in EPS on $6.6 billion in revenue. Shares briefly traded under $29 on Friday. The consensus price target is $30.95, and shares have traded in a 52-week range of $24.86 to $48.66.

Pepsico Inc. (NASDAQ: PEP) is expected to release its most recent quarterly results early Thursday as well. The consensus forecast calls for $1.44 in EPS and $20.27 billion in revenue for the fourth quarter. Shares closed near a year-to-date high over $145. The consensus price target is $140.59, and shares have traded between $111.88 and $145.29 in the past 52 weeks.

Roku Inc. (NASDAQ: ROKU) is scheduled to report its fourth-quarter results on Thursday afternoon. The consensus estimates call for a net loss of $0.14 per share and revenue of $391.61 million. The stock was under $125 a share at week’s end. The consensus price target is $146.75, and the 52-week trading range is $45.01 to $176.55.

And look for Nvidia Corp. (NASDAQ: NVDA) to release its most recent quarterly results after the close on Thursday too. The consensus forecast calls for $1.66 in EPS and $2.96 billion in revenue for the fiscal fourth quarter. Late in the week, shares were below $252. The consensus price target is just $248.35, and shares have traded between $132.60 and $259.50 in the past 52 weeks.

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