The return of volatility has created a lot of confusion in the markets over the past few weeks. However, we’re now reaching a point in the earnings season when a highly cyclical industry will be seeing some of its biggest firms reporting. These retailers will be coming out of their biggest quarter, and it’s time to see if they have anything to show for it.
24/7 Wall St. has reviewed some of the key retailers reporting this coming week. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as some additional color on each.
Also see our separate preview of Salesforce, Square and other upcoming and highly anticipated earnings reports.
Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.
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Macy’s Inc. (NYSE: M) will share its most recent quarterly earnings on Tuesday. The consensus estimates call for $2.68 in earnings per share (EPS) on $8.65 billion in revenue. Shares ended the week at $26.74, in a 52-week trading range of $17.41 to $33.73. The consensus price target is $26.69.
AutoZone Inc. (NYSE: AZO) is set to release its most recent quarterly results on Tuesday. The consensus forecast calls for $8.92 in EPS and $2.39 billion in revenue. Shares closed on Friday at $725.00. The consensus price target is $809.90, and the 52-week range is $491.13 to $797.89.
Office Depot Inc. (NYSE: ODP) is expected to post its latest quarterly results early Wednesday. The consensus estimates call for EPS of $0.07 on $2.61 billion in revenue. Shares closed Friday at $3.09 apiece. The stock has a 52-week trading range of $2.89 to $6.26, as well as a consensus price target of just $4.10.
L Brands Inc. (NYSE: LB) will report its most recent quarterly results on Wednesday. The consensus estimates are $2.04 in EPS and $4.73 billion in revenue. Shares were last seen trading at $48.71, in a 52-week range of $35.00 to $63.10. The consensus price target is $54.04.
Lowe’s Companies Inc. (NYSE: LOW) is set to release its most recent quarterly results Wednesday as well. The consensus forecast is $0.86 in EPS and $15.33 billion in revenue. Shares ended the week at $97.49 apiece. The consensus price target is $111.48, and the 52-week range is $70.76 to $108.98.
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On Thursday, look for Kohl’s Corp. (NYSE: KSS) to report its fiscal fourth-quarter results. The analysts’ consensus estimates are EPS of $1.75 and revenue of $6.74 billion. Shares were changing hands at $66.47 on Friday’s close. The consensus price target is $65.35, and the stock has a 52-week range of $35.16 to $69.14.
Look for Nordstrom Inc. (NYSE: JWN) to reveal its fiscal fourth-quarter results on Thursday as well. The consensus analyst estimates are $1.25 in EPS and revenue of $4.62 billion. Shares of Nordstrom closed at $53.56 on Friday, above the consensus price target of $49.94. The 52-week range is $37.79 to $54.00.
Best Buy Co. Inc. (NYSE: BBY) also will report its most recent quarterly results on Thursday. The consensus estimates call for $2.02 in EPS and $14.46 billion in revenue. Shares closed at $73.17 on Friday, in a 52-week range of $41.67 to $78.59. The consensus price target is $67.23.
J.C. Penney Co. Inc. (NYSE: JCP) is set to share its latest quarterly earnings on Friday. The consensus estimates call for $0.47 in EPS and $4.05 billion in revenue. Shares were last seen at $4.06, in a 52-week range of $2.35 to $6.87. The stock has a consensus analyst target of $3.95.
And Foot Locker Inc. (NYSE: FL) fourth-quarter results are scheduled for Friday. The consensus forecast is for $0.22 in EPS on $1.55 billion in revenue. Shares were trading at $48.25. The consensus price target is $54.26. The 52-week range is $28.42 to $77.86.
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