Disney, Snap and More of the Top Earnings to Watch This Week

August 6, 2017 by Chris Lange

24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The Dow Jones Industrial Average has hit a record all-time high on the back of this earnings season, while the S&P 500 is very close. The Nasdaq is just not quite there yet. A strong earnings showing from these stocks could push the markets even higher.

We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.

Also see our separate preview of some of the major retailers expected to share their latest results this week.

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

Walt Disney Co. (NYSE: DIS) fiscal third-quarter results are scheduled for Tuesday. The consensus earnings estimate is $1.56 per share, on $14.43 billion in revenue. The shares were last seen at $107.69. The consensus price target is $117.11, and the 52-week trading range is $90.32 to $116.10.

Valeant Pharmaceuticals International Inc. (NYSE: VRX) second-quarter results also are scheduled for Tuesday. The consensus forecast is $2.24 billion in revenue and earnings per share (EPS) of $0.97. Shares were last seen at $15.13. The 52-week range is $8.31 to $32.74.

Mylan N.V. (NASDAQ: MYL) is set to release its most recent quarterly results on Wednesday. The consensus estimates call for $1.17 in EPS and $3.04 billion in revenue. Shares ended the week at $32.92. The consensus price target is $48.45, and the 52-week range is $32.77 to $50.40.

NVIDIA Corp. (NASDAQ: NVDA) will report its latest quarterly results on Thursday. The consensus forecast is EPS of $0.70 and $1.96 billion in revenue. Shares closed trading at $167.21 on Friday, in a 52-week range of $57.32 to $170.07. The consensus price target is $141.56.

Snap Inc. (NYSE: SNAP) also will report its most recent quarterly results on Thursday. The consensus estimates call for a net loss of $0.14 per share and revenue of $189.23 million. Shares closed trading at $13.52 on Friday, in a 52-week range of $11.90 to $29.44. The consensus price target is $19.48.

And Petroleo Brasileiro S.A. (NYSE: PBR), better known as Petrobras, is scheduled to release its most recent quarterly results late Thursday. The consensus estimates call for a profit of $0.16 per share, as well as $23.81 billion in revenue. Shares ended the week at $8.86. The consensus price target is $10.82, and the 52-week range is $7.61 to $12.56.

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