24/7 Wall St. has put together a preview of some of the major companies scheduled to share their quarterly results in the coming days, as 2016 begins to wind to a close. Markets have been pushed to record highs, and the Federal Reserve has raised rates for the first time in a year. Although the third-quarter earnings reporting season is over and the new earnings season does not begin until next month, there are a few off-season reports expected 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.
BlackBerry Ltd. (NASDAQ: BBRY) is set to report its most recent results on Tuesday morning. The analysts’ consensus estimates call for a net loss of $0.01 per share and $331.92 million in revenue for the fiscal third quarter. Shares were changing hands at $7.58 on Friday’s close. The consensus price target is $7.74, and the 52-week trading range is $6.23 to $9.46.
Nike Inc. (NYSE: NKE) is expected to reveal its fiscal second-quarter results after the closing bell on Tuesday. The consensus estimates are $0.43 in earnings per share (EPS) and $8.10 billion in revenue. Shares closed at $50.92 on Friday. The consensus price target is $62.35. The 52-week range is $49.01 to $68.19.
FedEx Corp. (NYSE: FDX) will share its latest quarterly earnings late Tuesday. The fiscal second-quarter consensus forecast calls for $2.89 in EPS and $14.90 billion in revenue. Shares were trading at $196.48 on Friday’s close, in a 52-week range of $119.71 to $201.57. The consensus price target is $201.86.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) is scheduled to report its fiscal third-quarter results after trading ends on Wednesday. The consensus analyst estimates are $0.99 in EPS and revenue of $3.01 billion. Shares ended trading on Friday at $47.27. The consensus price target is $42.76. The 52-week range is $38.60 to $52.71.
Micron Technology Inc.‘s (NASDAQ: MU) most recent results are due late Wednesday as well. The Wall Street consensus estimates call for EPS of $0.28 per share, as well as revenue of $3.96 billion, for the fiscal first quarter. Shares were changing hands at $20.27 on Friday’s close. The consensus price target is $21.57, and the 52-week trading range is $9.31 to $21.00.
Rite Aid Corp. (NYSE: RAD) fiscal third-quarter results are due out first thing on Friday. The consensus forecast sees $0.04 in per-share earnings and $8.22 billion in revenue. The share price ended last week at $8.23. The consensus price target is $8.69. The 52-week range is $6.33 to $8.50.