The fourth-quarter earnings reporting season is winding down, but many more major companies will be sharing their results soon. With the coronavirus and China 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.
Medtronic PLC’s (NYSE: MDT | MDT Price Prediction) fiscal third-quarter report is scheduled for Tuesday before the opening bell. The consensus forecast calls for earnings per share (EPS) of $1.38 on $7.81 billion in revenue. Shares were trading around $117 apiece late in the week. The consensus price target is $126.82, and the 52-week trading range is $82.77 to $122.15.
Walmart Inc. (NYSE: WMT) will report its fiscal fourth-quarter results before the markets open on Tuesday as well. Analysts are looking for $1.44 in EPS and $142.52 billion in revenue. Shares ended the week trading close to $118, with a consensus price target of $129.63. The stock has a 52-week trading range of $95.00 to $125.38.
Expect Domino’s Pizza Inc. (NYSE: DPZ) to release its most recent quarterly results early on Thursday. The consensus forecast calls for $2.98 in EPS and $1.12 billion in revenue for the fourth quarter. The share price climbed to $292 on Friday. The consensus price target is $298.86, and shares have traded between $220.90 and $302.05 in the past 52 weeks.
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Caesar’s Entertainment Corp. (NASDAQ: CZR) results for the fourth quarter are due after the close Thursday. The consensus estimates are calling for a net loss of $0.11 per share and $2.13 billion in revenue. Shares have traded at roughly $14.50 in recent days. The consensus price target is $12.69, and the 52-week range trading range is $8.00 to $14.49.
The Dropbox Inc. (NASDAQ: DBX) fourth-quarter report is scheduled for late Thursday. The consensus forecast calls for EPS of $0.14 on $443.41 million in revenue. Shares ended the week near $18.50 apiece. The consensus price target is $28.50, and the 52-week trading range is $16.08 to $26.49.
First Solar Inc. (NASDAQ: FSLR) also is scheduled to report its fourth-quarter results on Thursday afternoon. The consensus estimates call for $2.76 in EPS and revenue of $1.79 billion. The stock was trading near $55 a share. The consensus price target is $67.75, and the 52-week trading range is $48.76 to $69.24.
Hewlett Packard Enterprise Co.’s (NYSE: HPE) fiscal first-quarter report is expected Thursday after the markets close. The consensus forecast calls for $0.43 in EPS on $7.23 billion in revenue. Shares retreated below $14.40 on Friday. The consensus price target is $17.81, and shares have traded in a 52-week range of $12.52 to $17.59.
Zscaler Inc. (NASDAQ: ZS) also will report its fiscal first-quarter results after regular trading ends on Thursday. Analysts are looking for $0.03 in EPS and $98.97 million in revenue. Shares were above $62 as the week came to a close, near the consensus price target of $62.63. The stock has a 52-week trading range of $40.05 to $89.54.
And look for Deere & Co. (NYSE: DE) to release its most recent quarterly results before the open on Friday. The consensus forecast calls for $1.28 in EPS and $6.45 billion in revenue for the fiscal first quarter. Late in the week, shares slipped below $169. The consensus price target is $181.16, and shares have traded between $132.68 and $180.48 in the past 52 weeks.
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