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Alphabet, Facebook, Amazon and More Top Tech Earnings Lined Up This Week

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As we make our way through corporate earnings season, the technology sector has been booming, closing out last week with all the major exchanges holding near all-time highs. There was a nice push from Microsoft on Friday, but the whole week before was a solid start to the second-quarter reporting season. Looking ahead to this week, can markets keep rallying?

24/7 Wall St. has put together a preview of some of the larger tech companies that are about to report their quarterly results. We have reviewed the consensus earnings estimates from Thomson Reuters, the stock price and trading history.

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

Alphabet Inc. (NASDAQ: GOOGL) is expected to report its second-quarter results late on Monday. The consensus forecast calls for $9.59 in earnings per share (EPS) and revenue of $32.19 billion. Shares ended last week at $1,201.47. The consensus analyst price target is $1,283.29, and the 52-week trading range is $918.60 to $1,221.59.

Texas Instruments Inc. (NASDAQ: TXN) will share its most recent quarterly results late Tuesday. The consensus estimates are $1.32 in EPS and $3.97 billion in revenue. Shares closed at $115.48 on Friday, in a 52-week range of $79.60 to $120.75. The stock has a consensus price target of $122.14.

AT&T Inc. (NYSE: T) is scheduled to reveal its second-quarter results Tuesday. The consensus forecast calls for EPS of $0.85 and $39.39 billion in revenue. Shares were trading at $31.19 on Friday’s close. The consensus price target is $36.91, while the 52-week range is $31.04 to $39.80.

Advanced Micro Devices Inc. (NASDAQ: AMD) is scheduled to release its second-quarter results Wednesday afternoon. The consensus analyst estimates are $0.13 in EPS on revenue of $1.72 billion. Shares were changing hands at $16.69 on Friday’s close. The consensus price target is $15.74, and the 52-week range is $9.04 to $17.34.

Qualcomm Inc. (NASDAQ: QCOM) also is set to report its fiscal third-quarter results late Wednesday. The consensus estimates are $0.71 in EPS on revenue of $5.19 billion. Shares were changing hands at $58.96 on Friday’s close. The consensus price target is $62.14, and the 52-week range is $48.56 to $69.28.

Facebook Inc. (NASDAQ: FB) is scheduled to reveal its second-quarter results Wednesday. The consensus forecast calls for EPS of $1.72 and $13.38 billion in revenue. Shares were trading at $210.34 on Friday’s close. The consensus price target is $231.19, and the 52-week range is $147.80 to $211.50.

Intel Corp. (NASDAQ: INTC) is scheduled to share its quarterly report on Thursday. The consensus estimates are $0.96 in EPS on $16.76 billion in revenue. Shares were last seen at $51.83. The stock has a 52-week range of $34.38 to $57.60, and the consensus price target is $58.87.

Amazon.com Inc. (NASDAQ: AMZN) is set to report its second-quarter results late Thursday. The consensus estimates are $2.50 in EPS on revenue of $53.38 billion. Shares ended last week at $1,817.75. The consensus price target is $1,870.79/ The 52-week trading range is $931.75 to $1,858.88.

And Twitter Inc. (NYSE: TWTR) is expected to report its second-quarter results on Friday morning. The consensus forecast calls for $0.17 in EPS and revenue of $696.23 million. Shares of Twitter closed last week at $43.43. The consensus analyst target is $33.88. The 52-week range is $15.67 to $47.79.

There will be much more to see this week on the earnings front. Also check out our separate previews for Dow components, health care companies and other major companies expected to share their latest quarterly results in the coming days.

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