Top 4 Earnings Coming This Week
24/7 Wall St. has put together a preview of Oracle and some of the other major companies reporting their quarterly results this week.
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24/7 Wall St. has put together a preview of some of the major companies reporting their quarterly results with 2016 coming to a close. Markets have been pushed to record highs in the wake of the U.S. presidential election. Although the third-quarter earnings reporting season is over, there are a few reports coming up this week.
We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as some additional color on each.
Keep in mind that the earnings and revenue estimates may change ahead of the formal reports, and some companies may reschedule reporting dates as well.
Pier 1 Imports Inc. (NYSE: PIR) is set to report its most recent results on Wednesday. The analysts’ consensus estimates call for earnings per share (EPS) of $0.12 and $466.42 million in revenue. Shares were changing hands at $6.81 on Friday’s close. The consensus price target is $4.55, and the 52-week trading range is $3.73 to $7.70.
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Adobe Systems Inc. (NASDAQ: ADBE) is expected to reveal its fiscal fourth-quarter results on Thursday. The consensus estimates call for $0.86 in EPS but $1.59 billion in revenue. Shares closed trading at $104.31 on Friday. The consensus price target is $120.58. The 52-week range is $71.27 to $111.09.
Jabil Circuit Inc. (NYSE: JBL) will share its latest quarterly earnings on Thursday. The consensus estimates call for $0.64 in EPS and $4.91 billion in revenue. Shares ended the week at $21.62, in a 52-week range of $16.78 to $24.50. The consensus price target is $23.91.
Oracle Corp. (NYSE: ORCL) is scheduled to report its fiscal fourth-quarter results on Thursday as well. The consensus analyst estimates call for $0.61 in EPS and revenue of $9.17 billion. Shares traded on Friday’s close at $40.52. The consensus price target is $44.13. The 52-week range is $33.13 to $42.00.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
