Investing

Top 5 Earnings to Watch Next Week

The broad markets are pushing higher, with the Dow Jones Industrial Average rising above 21,000 this past week, and the S&P 500 has been holding steady just under 2,400. While the Dow has closed higher for weeks, the growth has been slower as of late. Earnings over the past month have helped to solidify these markets, although going forward we are in the doldrums of earnings.

However, some companies in this time could help move the markets higher. 24/7 Wall St. has put together a preview of the most anticipated quarterly earnings reports that are on deck for the 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.

H&R Block Inc. (NYSE: HRB) will share its most recent quarterly results after the markets close on Tuesday. The consensus estimates call for a net loss of $0.50 and $446.39 million in revenue. Shares closed trading at $20.98 on Friday, in a 52-week range of $19.18 to $28.61. The stock has a consensus analyst price target of $23.43.

Also after the markets close Tuesday, Urban Outfitters Inc. (NASDAQ: URBN) is scheduled to release its fiscal fourth-quarter financial results. The consensus estimates are $0.56 in earnings per share (EPS) on $1.04 billion in revenue. Shares were last seen at $26.06, with a consensus price target of $30.35 and a 52-week trading range of $24.29 to $40.80.

The latest quarterly earnings from Express Inc. (NYSE: EXPR) are expected early on Wednesday. The consensus estimates call for $0.29 in EPS and $676.8 million in revenue. Shares closed at $10.93, in a 52-week range of $9.91 to $21.57. The consensus price target is $12.00.

El Pollo Loco Holdings Inc. (NASDAQ: LOCO) is set to report its fourth-quarter results Thursday. The analysts’ consensus estimates call for EPS of $0.13 and $91.78 million in revenue. Shares were changing hands at $12.20 on Friday’s close. The consensus price target is $14.33, and the 52-week range is $10.08 to $15.44.

Fiscal fourth-quarter results from Ulta Beauty Inc. (NASDAQ: ULTA) also are scheduled for Thursday afternoon. The consensus estimate is $2.13 in EPS, on $1.54 billion in revenue. Shares were last seen at $278.15. The consensus price target is $301.60. The 52-week trading range is $158.21 to $278.63.

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