Adobe, FedEx and More Earnings Coming This Week

Print Email

24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The broad markets have reached all-time highs and look to keep pushing higher. A strong earnings showing from these stocks could help the markets to keep this rally going. This week has most of the prominent earnings reports coming out on Tuesday.

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

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

Adobe Systems Inc. (NASDAQ: ADBE) will share its latest quarterly earnings Tuesday. The consensus estimates are $1.01 in earnings per share (EPS) and $1.82 billion in revenue. Shares were trading most recently at $154.49, in a 52-week range of $98.00 to $157.89. The consensus price target is $161.20.

AutoZone Inc.’s (NYSE: AZO) latest quarterly earnings report is expected Tuesday morning. The consensus estimates call for $15.14 in EPS and $3.49 billion in revenue. Shares closed trading most recently at $569.89, in a 52-week range of $491.13 to $813.70. The consensus price target is $660.95.

The Bed Bath & Beyond Inc. (NASDAQ: BBBY) fiscal second-quarter results are scheduled after the close on Tuesday. The consensus earnings estimate is $0.95 per share, on $3.01 billion in revenue. The shares closed the week at $28.67. The consensus price target is $32.16, and the 52-week trading range is $26.96 to $48.83.

Look for FedEx Corp. (NYSE: FDX) fiscal first-quarter results late on Tuesday as well. Analysts on average expect to see $3.14 in EPS on $15.38 billion in revenue. The shares were last seen trading at $214.83. The consensus price target is $229.97, while the 52-week range is $158.20 to $219.99.

General Mills Inc. (NYSE: GIS) is expected to reveal its latest quarterly earnings Wednesday morning. The consensus forecast is EPS of $0.77 and revenue of $3.79 billion. Shares traded most recently at $55.80. The 52-week range is $52.76 to $65.57, and the consensus price target is $56.72.

And CarMax Inc. (NYSE: KMX) is set to report its quarterly results first thing Friday. Analysts are looking for a profit of $0.94 per share and revenue of $4.25 billion. Shares closed most recently at $68.08, in a 52-week range of $47.50 to $69.92 and with a consensus analyst target of $69.13.