In early trading Monday, the Dow Jones industrials were up 0.23%, the S&P 500 up 0.28% and the Nasdaq up 0.43%.

Before U.S. markets opened on Monday, Lordstown Motors reported that it sold three vehicles at a cost of sales totaling $30 million. Of those costs, $21 million reflects an inventory writedown. The company reported revenue of $194,000 for the fourth quarter and the full fiscal year and a GAAP loss per share of $0.45. The stock traded down about 4.5% in early trading.

After markets close on Monday, Trip.com will report quarterly results, and Dick’s Sporting Goods and Sea Limited are on deck to post results before markets open on Tuesday.

Here is a look at what to expect from these three companies reporting quarterly results late Tuesday or early Wednesday.

Campbell Soup

Over the past 12 months, shares of Campbell Soup Co. (NYSE: CPB) have risen by about 15%, while the consumer staples sector has slipped by about 3.6% over the same period. For the year to date, however, Campbell Soup has dropped by about 7.7%, significantly more than the staples sector’s decline of around 2.6%. Campbell Soup reports quarterly results before markets open on Wednesday.

The company raised its prices in the October quarter in a move to keep its profits going in the face of rising costs. That move paid off in profit, but in the January quarter, revenue is likely to have fallen due to more competition from store brands.

Analysts are less than bullish on the shares. Of 20 brokerages covering the company, 13 have a Hold rating, while six have rated the stock at Sell or Strong Sell. At a recent share price of around $52.40, the stock trades close to its median price target of $53.00. At the high price target of $61.00, the upside potential is about 16.4%.

For the company’s second quarter of fiscal 2023, the consensus revenue estimate is $2.43 billion, which would be down 5.6% sequentially and up by 10.0% year over year. Adjusted earnings per share (EPS) are forecast at $0.74, down 27.6% sequentially and up 7.2% year over year. For the fiscal year ending in July, current estimates call for EPS of $3.00, up 5.3%, on sales of $9.26 billion, up by about 8.2%.

Campbell Soup stock trades at 17.5 times expected 2023 EPS, 16.7 times estimated 2024 earnings of $3.15 and 16.0 times estimated 2025 earnings of $3.27 per share. The stock’s 52-week trading range is $41.73 to $57.77. The company pays an annual dividend of $1.48 (yield of 2.85%). Total shareholder return for the past year was 18.6%.

Cloud security platform maker CrowdStrike Holdings Inc. (NASDAQ: CRWD) has seen its share price decline by around 34% over the past 12 months. The stock posted its 52-week low in late January but has still managed to improve its share price by nearly 20% so far in 2023. Monday morning, the company announced a strategic alliance with Dell that makes volume licensing of CrowdStrike’s Falcon platform available to commercial customers. The company is set to report quarterly results after Tuesday’s close.

Of 46 brokerages covering the firm, 40 have a Buy or Strong Buy rating. At a share price of around $126.00, the upside potential based on a median price target of $158.00 is 25.4%. At the high price target of $235.00, the upside potential is 86.5%.

Fourth-quarter fiscal 2023 revenue is forecast at $626.85 million, up 7.9% sequentially and by 45.4% year over year. Adjusted EPS are forecast at $0.43, up 6.4% sequentially and 43.3% higher year over year. For the full fiscal year that ended in January, analysts expect CrowdStrike to report EPS of $1.50, up 123.9%, on sales of $2.25 billion, up 54.9%.

CrowdStrike stock trades at 84.0 times expected 2023 EPS, 62.5 times estimated 2024 earnings of $2.02 and 44.4 times estimated 2025 earnings of $2.84 per share. The stock’s 52-week range is $62.25 to $242.00. CrowdStrike does not pay a dividend. Total shareholder return for the past year is negative 34.02%.

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Stitch Fix

Online apparel retailer Stitch Fix Inc. (NASDAQ: SFIX) has seen its stock price drop by about 57% over the past 12 months. The stock posted its 52-week high one-year ago and is no threat to beat that anytime soon. Stitch Fix has managed to boost its share price by 62.4% since the beginning of 2023, but the share price bounce started from a 52-week low posted in late December. The company reports results after markets close on Tuesday.

Founder and former CEO Katrina Lake came back to lead the company early in January. Like Starbucks’ Howard Schultz, Lake is back in the saddle only long enough to hire a new chief executive.

Analysts remain cool to the stock. Of 19 brokerages covering the shares, 17 have a Hold rating and none rates the stock at Buy. At a price of around $5.05, the shares have outrun a median price target of $4.20. At the high target of $6.00, the upside potential is 18.8%.

Fiscal second-quarter revenue is forecast at $412.94 million, down 9.4% sequentially and 20.0% lower year over year. Stitch Fix is expected to post an adjusted per-share loss of $0.32, compared to a loss of $0.44 in the prior quarter and a loss per share of $0.28 a year ago. For the full fiscal year ending in July, the adjusted net loss is forecast at $1.37, better than last year’s loss of $1.90 per share. Full-year revenue is forecast at $1.65 billion, down about 20.5% compared to the prior year.

Stitch Fix is not expected to post a profit in 2023, 2024 or 2025. The enterprise value to sales multiple in each of those years is 0.3. The stock’s 52-week range is $2.63 to $12.20. Stitch Fix does not pay a dividend, and the total shareholder return for the past year is negative 56.65%.

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