Investing

Top 6 Earnings to Look For Next Week

The broad markets pulled back last week after hitting new highs, with the Dow Jones Industrial Average dropping back below 21,000 and the S&P 500 holding steady just under 2,400. While the Dow has closed higher for weeks, it seems that this pullback is solidifying the markets’ position. Earnings over the past month have helped to solidify these markets, although going forward we are in the doldrums of earnings.

However, some companies in this time could help to push markets back to their highs. 24/7 Wall St. has put together a preview of the most anticipated quarterly earnings reports that are on deck for the coming 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.

Guess? Inc. (NYSE: GES) will share its most recent quarterly results after the markets close on Wednesday. The consensus estimates call for $0.44 in earnings per share (EPS) and $685.9 million in revenue. Shares closed trading at $12.07 on Friday, in a 52-week range of $11.55 to $22.60. The stock has a consensus analyst price target of $16.13.

Also after the markets close Wednesday, Oracle Corp. (NYSE: ORCL) is scheduled to release its fiscal third-quarter financial results. The consensus estimates are $0.62 in EPS on $9.25 billion in revenue. Shares were last seen at $42.68, with a consensus price target of $43.76 and a 52-week trading range of $37.62 to $43.26.

The latest quarterly earnings from Adobe Systems Inc. (NASDAQ: ADBE) are expected late on Thursday. The consensus estimates call for $0.87 in EPS and $1.65 billion in revenue. Shares closed at $121.09, in a 52-week range of $84.63 to $121.37. The consensus price target is $124.74.

Dollar General Corp. (NYSE: DG) is set to report its fiscal fourth-quarter results Thursday. The analysts’ consensus estimates call for EPS of $1.42 and $5.97 billion in revenue. Shares were changing hands at $72.89 on Friday’s close. The consensus price target is $79.98, and the 52-week range is $66.50 to $96.88.

Fourth-quarter results from Vivint Solar Inc. (NYSE: VSLR) also are scheduled for Thursday afternoon. The consensus estimate is a net loss of $0.45 per share, on $42.09 million in revenue. Shares were last seen at $2.80. The consensus price target is $5.66. The 52-week trading range is $2.16 to $4.23.

Tiffany & Co. (NYSE: TIF) is set to report its fiscal fourth-quarter results Friday. The analysts’ consensus estimates call for EPS of $1.39 and $1.22 billion in revenue. Shares were changing hands at $88.71 on Friday’s close. The consensus price target is $84.95, and the 52-week range is $56.99 to $92.74.

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