Investing

Best Buy, Analog Devices and More Earnings to Watch for This Week

Trey Thoelcke

Published: August 27, 2017 10:25 am

Last Updated: January 12, 2020 8:44 am

24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The broad markets have pulled back handily from their all-time highs over the past two weeks. However, strong earnings showing from these stocks could help the markets return to their highs.

We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.

Best Buy Co. Inc. (NYSE: BBY) will share its latest quarterly earnings early Tuesday. The consensus estimates are $0.63 in earnings per share (EPS) and $8.66 billion in revenue. Shares were trading most recently at $61.87, in a 52-week range of $36.51 to $63.32. The consensus price target is $60.69.

H&R Block Inc.’s (NYSE: HRB) latest quarterly earnings report is expected after Tuesday’s close. The consensus estimates call for a net loss of $0.62 in per share and $129.07 million in revenue. Shares closed trading most recently at $29.71, in a 52-week range of $19.85 to $31.80. The consensus price target is $27.67.

Analog Devices Inc. (NASDAQ: ADI) fiscal third-quarter results are scheduled for first thing Wednesday. The consensus earnings estimate is $1.15 per share, on $1.40 billion in revenue. The shares closed the week at $78.97. The consensus price target is $94.10, and the 52-week trading range is $59.01 to $90.49.

Look for Campbell Soup Co.’s (NYSE: CPB) fiscal fourth-quarter results before Thursday’s opening bell. Analysts on average expect to see $0.55 per share on $1.69 billion in revenue. The shares were last seen trading at $51.40. The consensus price target is $56.21, while the 52-week range is $50.62 to $64.23.

Ciena Corp. (NYSE: CIEN) will report its most recent quarterly results Thursday morning. The consensus estimates call for EPS of $0.49 and $726.84 million in revenue. Shares closed at $23.87 on Friday, in a 52-week range of $18.94 to $27.98. The consensus price target is $30.77.

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Dollar General Corp. (NYSE: DG) is set to release its most recent results early Thursday as well. The consensus forecast calls for $1.09 in EPS and $5.80 billion in revenue for the quarter. Shares concluded the week at $77.67. The consensus price target is $81.56. The 52-week range is $65.97 to $80.67.

And Lululemon Athletica Inc. (NASDAQ: LULU) is expected to release its most recent quarterly results on Thursday afternoon. The consensus forecast calls for $0.35 in EPS and revenue of $567.55 million. The stock ended the week at $60.21 a share. The consensus price target is $61.97, and the 52-week range is $47.26 to $79.41.