Top 6 Earnings for the Week Ahead

February 14, 2016 by Chris Lange

Earnings season for the fourth quarter of last year has now moved into February, and 24/7 Wall St. has put together a preview of six companies that are reporting their quarterly results this week. We 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.

Newmont Mining

Newmont Mining Corp. (NYSE: NEM) is set to report its fourth-quarter results on Wednesday. The analysts’ consensus estimates call for earnings per share (EPS) of $0.13 and $1.82 billion in revenue. This company operates in the mining industry. It primarily acquires, develops, explores for and produces gold, copper and silver deposits. Its operations and assets are located in the United States, Australia, Peru and elsewhere.

Shares of Newmont were changing hands at $25.78 on Friday’s close. The consensus analyst price target is $23.33, and the stock has a 52-week trading range of $15.39 to $27.90.

T-Mobile

On Wednesday, T-Mobile US Inc. (NASDAQ: TMUS) is expected to share its latest quarterly earnings. The consensus estimates call for EPS of $0.15 and $8.20 billion in revenue. This company provides mobile communications services in the United States, Puerto Rico and the U.S. Virgin Islands. It offers voice, messaging and data services in the postpaid, prepaid and wholesale markets. It also provides wireless devices, such as smartphones, tablets and other mobile communication devices, as well as accessories.

T-Mobile shares closed at $35.11 on Friday, in a 52-week trading range of $30.73 to $43.43. The consensus price target is $46.50.

Wal-Mart

Before trading begins on Thursday, Wal-Mart Stores Inc. (NYSE: WMT) is scheduled to report its latest quarterly results. The consensus estimates call for EPS of $1.43 and revenue of $130.93 billion. This is the world’s largest retailer by market cap, coming in at $211 billion. It operates through three segments: Walmart U.S., Walmart International and Sam’s Club.

Shares ended last week at $66.18 apiece. The consensus price target is $63.96. Shares have traded between $56.30 and $86.30 in the past year.