Top 6 Earnings for the Week Ahead
24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results this coming week. We are just exiting the main earnings season, but some companies still report in this down time. We have 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.
Shake Shack Inc. (NYSE: SHAK) will share its most recent quarterly results on Monday. The consensus estimates call for earnings per share (EPS) of $0.07 and $50.44 million in revenue. This fast-casual restaurant features premium hamburgers and other foods. At the end of 2014, it had 63 Shacks, including 31 domestic company-operated Shacks, five domestic licensed Shacks and 27 international licensed Shacks. Shares traded at $41.99 on the close on Friday, in a 52-week trading range of $30.00 to $96.75. The stock has a consensus analyst price target of $42.00.
Urban Outfitters Inc. (NASDAQ: URBN) is scheduled to reveal its fiscal fourth-quarter results on Monday. The consensus estimates call for $0.56 in EPS, as well as $1.02 billion in revenue. This lifestyle specialty retail company engages in the retail and wholesale of general consumer products. Recently it was maintained as Sector Perform at RBC Capital Markets, which raised the price target to $25 from $23. Shares were trading at $27.66 on Friday’s close. The consensus price target is $26.93. The stock has a 52-week range of $19.26 to $47.25.
(NYSE: SQ) is set to report fourth-quarter results on Wednesday. The consensus estimates call for a net loss per share of $0.13 and $343.22 million in revenue. This company was started in February 2009 to enable anyone with a mobile device to accept card payments, anywhere, anytime. While it found early success, Square believes that commerce extends beyond payments. In every transaction, the company sees opportunity for its sellers to learn more about which products are selling best, to reinvest in their businesses or to create and engage loyal buyers. Although it currently generates roughly 95% of its revenue from payments and point-of-sale services, Square has extended its offerings to include financial and marketing services, all to help sellers start, run and grow their businesses. Shares were changing hands at $12.01 on Friday’s close. The consensus price target is $13.42, and the 52-week range is $8.06 to $14.78.
Dollar General Corp. (NYSE: DG) is expected to report its fiscal fourth-quarter results on Thursday. Consensus analyst estimates call for $1.26 in EPS and revenue of $5.29 billion. In its previous earnings report, the company gave an outlook statement that put some limits on prior guidance. Total sales are expected to increase 8%, rather than a prior estimate of 8% to 9%, over the 2015 fiscal year, with same-store sales now expected to increase 2.5% to 2.8%, below the prior estimate of 3.0% to 3.5%. Adjusted and unadjusted operating profit for 2015 is expected to increase 8% over 2014 adjusted operating profit. Adjusted diluted EPS for the fiscal year is now forecast in a range of $3.88 to $3.93, compared with the prior estimate of $3.85 to $3.95. Fourth-quarter diluted EPS is now forecast at $1.23 to $1.28. Dollar General shares ended the week at $74.88. The consensus price target is $82.87. The 52-week range is $59.75 to $81.42.
El Pollo Loco Holdings Inc. (NASDAQ: LOCO) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for $0.13 in EPS and $88.03 million in revenue. This was a very hot IPO in the summer of 2014 but was absolutely crushed over the last six months of 2015. The stock is down over 45% in the past 52 weeks, and for aggressive accounts this company could have big upside. El Pollo Loco, which means “the crazy chicken” in Spanish, develops, franchises, licenses and operates quick-service restaurants under the El Pollo Loco name in the United States. Shares traded at $14.25 on Friday’s close, in a 52-week range of $9.58 to $29.20. The consensus analyst target is $16.00.
Zumiez Inc. (NASDAQ: ZUMZ) will report its fiscal fourth-quarter results on Friday. Consensus estimates call for EPS of $0.50 and $241.10 million in revenue. With the fourth quarter off to a slow start, combined with tougher sales comparisons ahead, management believes it is prudent to maintain a cautious outlook for the remainder of fiscal 2015 and it is focused on managing expenses and inventory levels during this difficult time. Long term, the company remains confident that the strategic course it has set will deliver increased shareholder value in the years ahead. Shares of Zumiez were changing hands at $20.87 as last week came to a close. The consensus price target is $18.33, and the stock has a 52-week range of $11.53 to $40.64.