Investing

Nike, CarMax, Rite Aid and More Major Earnings Coming This Week

Chris Lange

Published: September 23, 2018 7:15 am

Last Updated: January 11, 2020 5:29 pm

The S&P 500 and Dow Jones industrial average hit all-time highs on Friday, and the Nasdaq was not that far behind. Although talks of tariffs have been abundant this past week it did not take any wind out of the markets’ sails. Coming up this week, there are a few major U.S. companies with quarterly reports that could help push the markets even higher, including the best-performing Dow stock.

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

Nike Inc. (NYSE: NKE) will share its latest quarterly results late Tuesday. The consensus estimates call for a $0.62 in earnings per share (EPS) and $9.93 billion in revenue. Shares were trading at $85.65 on Friday, in a 52-week range of $50.35 to $86.04. The consensus analyst target is $84.58.

KB Home (NYSE: KBH) has its fiscal third-quarter report is scheduled for Tuesday as well. The consensus forecast is $0.77 in EPS on $1.26 billion in revenue. Shares were trading at $25.05. The consensus price target is $29.71, and the 52-week range is $20.68 to $38.80.

Jabil Inc. (NYSE: JBL) is scheduled to share its quarterly report early on Tuesday. The consensus forecast is $0.68 in EPS on revenue of $5.43 billion. Shares were trading at $29.80. The stock has a 52-week range of $23.70 to $31.77, and the consensus price target is $32.56.

Look for Bed Bath & Beyond Inc. (NYSE: BBBY) to report its most recent quarterly results on Wednesday. Analysts expect to see $0.50 in EPS and $2.96 million in revenue. The shares were changing hands at $19.20 on Friday. The consensus price target is $17.82. The 52-week range is $16.52 to $24.74.

CarMax Inc. (NYSE: KMX) is expected to post its most recent quarterly results on Wednesday. The consensus estimates are $1.21 in EPS and revenue of $4.64 billion. Shares of CarMax were trading at $78.75, with a consensus price target of $85.31 and a 52-week range of $57.05 to $81.67.

Carnival Corp. (NYSE: CCL) has its fiscal third-quarter report scheduled for Thursday. The consensus forecast is $2.31 in EPS on $5.81 billion in revenue. Shares were trading at $67.15 apiece. The consensus price target is $73.31, and the 52-week range is $56.45 to $72.70.

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Conagra Brands Inc. (NYSE: CAG) is scheduled to share its quarterly report early on Thursday. The consensus forecast is $0.49 in EPS on revenue of $1.85 billion. Shares were traded at $37.40. The stock has a 52-week range of $32.90 to $39.43, and the consensus price target is $42.82.

Rite Aid Corp.’s (NYSE: RAD) fiscal second-quarter report is expected early Thursday as well. The consensus forecast is a net loss of $0.01 per share on $5.35 billion in revenue. Shares traded at $1.30 apiece. The consensus price target is $1.51, and the 52-week range is $1.23 to $2.55.

And BlackBerry Ltd.’s (NYSE: BB) fiscal second-quarter report is scheduled for Friday. The consensus forecast is $0.01 in EPS on $209.38 million in revenue. Shares were changing hands at $10.35. The consensus price target is $11.61, and the 52-week range is $9.07 to $14.55.