Cisco, Walmart and More Earnings Coming This Week
24/7 Wall St. has put together a preview of Cisco, Walmart and some of the other top companies reporting their latest results in the coming week.
Over the course of the past week, markets actually backed off for the first time in a while. Although this isn’t exactly positive, the markets are solidifying their positions after a strong earnings season. The largest part of the season has come and gone, but there are still plenty more big names reporting this week, including a couple Dow stocks.
24/7 Wall St. has put together a preview of some of the top companies reporting their latest results in the coming week. We have included the consensus earnings estimates from Thomson Reuters, as well as the stock price and trading history for these companies ahead of the report.
The Cisco Systems Inc. (NASDAQ: CSCO) fiscal first-quarter report is scheduled for Wednesday. Consensus estimates are calling for $0.60 in earnings per share (EPS), on $12.11 billion in revenue. The shares were changing hands at $33.90 apiece on Friday. The consensus price target is $35.73, and the 52-week trading range is $29.12 to $34.60.
L Brands Inc. (NYSE: LB) is set to release its most recent quarterly results Wednesday as well. The consensus forecast calls for $0.29 in EPS and $2.57 billion in revenue. Shares were recently trading at $49.55. The consensus price target is $45.12, and the 52-week range is $35.00 to $75.50.
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Target Corp. (NYSE: TGT) will report its most recent quarterly results on Wednesday. The consensus estimates are $0.86 in EPS and $16.54 billion in revenue. Shares traded at $61.10 on Friday, in a 52-week range of $48.56 to $79.33. The consensus price target is $59.28.
Best Buy Co. Inc.’s (NYSE: BBY) third-quarter results are scheduled for Thursday. The consensus forecast is $0.78 in EPS on $9.36 billion in revenue. Shares were trading at $56.35. The consensus price target is $60.33. The 52-week range is $37.65 to $63.32.
Gap Inc. (NYSE: GPS) is expected to share its most recent quarterly results Thursday. The consensus forecast calls for $0.55 in EPS and $3.76 billion in revenue. Shares were trading at $26.85. The consensus price target is $26.47, and the 52-week range is $21.02 to $30.74.
And Wal-Mart Stores Inc. (NYSE: WMT) also will report its most recent quarterly results on Thursday. The consensus estimates call for $0.97 in EPS and $120.89 billion in revenue. Shares traded at $91.60 on Friday, in a 52-week range of $65.28 to $91.69. The consensus price target is $86.94.
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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.
