Investing

Top 6 Earnings for the Week Ahead

Thinkstock

24/7 Wall St. has put together a preview of some of the major companies that will be reporting their quarterly earnings in the coming week. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.

3D Systems Corp. (NYSE: DDD) shares its most recent quarterly results on Monday. Consensus estimates call for earnings per share (EPS) of $0.02 and $160.42 million in revenue. This company operates as a provider of 3D printing centric design-to-manufacturing solutions. Its shares traded at $10.37 on the close on Friday, in a 52-week trading range of $6.00 to $32.88. The stock has a consensus analyst price target of $11.36.

Dollar Tree Inc. (NASDAQ: DLTR) is set to report its fiscal fourth-quarter results on Tuesday. The consensus estimates call for EPS of $1.07 and $5.41 billion in revenue. Dollar Tree has more potential for growth than Costco because of its acquisition of Family Dollar. It has the same benefits as Costco in terms of more people chasing better spending habits, but a look at its earnings statement shows that it hasn’t fully digested Family Dollar yet. If Dollar Tree can streamline operations and cut down on administrative costs in the coming year, earnings can really fly high. Shares traded at $81.63 on Friday’s close. The consensus price target is $85.46, and the 52-week range is $60.31 to $84.22.

Costco Wholesale Corp. (NASDAQ: COST) will report its fiscal second-quarter results on Wednesday. Consensus estimates call for EPS of $1.28 and $28.51 billion in revenue. Costco has a unique business model. It operates membership warehouses and buys the majority of its merchandise directly from manufacturers, essentially cutting out the middleman. Costco sells in bulk but also at a lower price, thus fueling its rapid growth. Shares of Costco ended last week at $149.68. The consensus price target is $168.48. The 52-week range is $117.03 to $169.73.


Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.