So much for thinking that earnings season was over. Next week we have a another round of earnings, with the big focus being retail mixed with some technology earnings. On deck is Lowe’s Companies Inc. (NYSE: LOW) and larger rival The Home Depot Inc. (NYSE: HD). We also have DJIA component Wal-Mart Stores Inc. (NYSE: WMT) due with earnings Tuesday morning, and others reporting next week are Target Corporation (N
YSE: TGT), Applied Materials, Inc. (NASDAQ: AMAT), DryShips Inc. (NASDAQ: DRYS), Dollar Tree, Inc. (NASDAQ: DLTR), Gamestop Corporation (NYSE: GME), Sears Holdings Corporation (NASDAQ: SHLD), Dell Inc. (NASDAQ: DELL), and Salesforce.com (NYSE: CRM).
Monday morning will be Lowe’s Companies Inc. (NYSE: LOW). Thomson Reuters has estimates for the home improvement retailer of $0.30 EPS and $11.76 billion in revenue; next quarter estimates are $0.18 EPS and $10.48 billion in revenue. Shares are trading around $22.00 and the 52-week range is $19.35 to $28.54. The Home Depot, Inc. (NYSE: HD) is on deck Tuesday morning and Thomson Reuters has estimates for the larger home improvement retail destination of $0.48 EPS and $16.61 billion in revenue; next quarter estimates are $0.25 EPS and $14.65 billion in revenue. Shares are trading around $31.60 and the 52-week range is $26.35 to $37.03. As you can see, both are in the lower-half of their 52-week trading bands. As the housing market improvement keeps getting kicked down the road, expectations here are low. Home Depot’s market cap is $52.6 billion versus $30.7 billion for Lowe’s.
Wal-Mart Stores Inc. (NYSE: WMT) will be the week’s second DJIA. Thomson Reuters has estimates for the world’s largest retailer of $0.90 EPS and $102.4 billion in revenue; next quarter estimates for the important Christmas quarter are $1.28 EPS and $117.55 billion in revenue. Shares are trading around $54.00 and the 52-week range is $47.77 to $56.27.
Target Corporation earnings are due Wednesday morning. Thomson Reuters has estimates for the retailer of $0.68 EPS and $15.61 billion in revenue; next quarter estimates for the important holiday season are $1.39 EPS and $20.9 billion in revenue. Shares are trading around $54.00 and the 52-week range is $45.11 to $58.52.
Applied Materials Inc. (NASDAQ: AMAT) is due with its earnings Wednesday afternoon. Thomson Reuters has estimates for the semiconductor equipment maker of $0.31 EPS on $2.59 billion in revenue; next quarter’s estimates call for $2.63 billion in revenue. Shares are trading around $12.65 and the 52-week range is $10.27 to $14.94.
