Netflix, Schlumberger and More Earnings Coming This Week
October 15, 2017 by Chris Lange24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The third-quarter earnings reporting season has just kicked off and the broad markets are near all-time highs. They could look to keep pushing higher with the recent rally in the tech sector, and a strong earnings showing from these stocks could to keep this rally going.
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.
Also see our separate review of key Dow Jones Industrial Average earnings expected this week too.
Netflix Inc. (NASDAQ: NFLX) is expected to report its third-quarter results late on Monday. The consensus forecast calls for $0.32 in earnings per share (EPS) and revenue of $2.97 billion. Shares of Netflix ended last week at $199.49. The consensus analyst price target is only $194.84. The 52-week trading range is $98.38 to $200.82.
Harley-Davidson Inc. (NYSE: HOG) will share its most recent quarterly results early Tuesday. The consensus estimates are $0.40 in EPS and $961.92 million in revenue. Shares closed at $46.62 on Friday, in a 52-week range of $45.53 to $63.40. The stock has a consensus price target of $50.38.
Progressive Corp. (NYSE: PGR) is set to report its third-quarter results Tuesday morning as well. The analysts’ consensus estimates are $0.36 in EPS on revenue of $6.99 billion. Shares were changing hands at $48.67 on Friday’s close. The consensus price target is $49.07, and the 52-week range is $30.99 to $49.75.
Phillip Morris International Inc. (NYSE: PM) is scheduled to reveal its third-quarter results Thursday morning. The consensus forecast calls for EPS of $1.38 and $7.72 billion in revenue. Shares were trading at $113.99 on Friday’s close. The consensus price target is $125.88, while the 52-week range is $86.78 to $123.55.
Schlumberger Ltd. (NYSE: SLB) will share its latest quarterly earnings on Friday. The consensus estimates are EPS of $0.42 and $7.9 billion in revenue. Shares were last seen at $67.17, in a 52-week range of $62.56 to $87.84. The consensus price target is $78.61.
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