Adobe, Costco, StitchFix and More Earnings Coming This Week
24/7 Wall St. has put together a preview of Adobe, Costco and some of the other earnings reports that are coming out this week.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
This past week was a down one for the U.S. broad markets, leading off December with roughly a 4% loss in both the S&P 500 and the Dow Jones industrial average. Even though last week’s trading was truncated in observance of the passing of President Bush, there was still enough time for the markets to voice their concerns on the trade war with China and the flattening yield curve.
With December now in full swing, major companies reporting tend to slow down as Christmas gets closer. However, 24/7 Wall St. has put together a preview of the earnings reports that are coming out this week. Here, 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 may change reporting dates as well.
Stitch Fix Inc. (NASDAQ: SFIX) is set to report its most recent quarterly results on Monday after the close. Analysts are looking for $0.03 in earnings per share (EPS) and $357.97 million in revenue. Shares ended trading last week at $26.36, with a consensus price target of $34.67 and a 52-week trading range of $18.00 to $52.44.
American Eagle Outfitters Inc. (NYSE: AEO) is expected to report its fiscal third-quarter results on Tuesday after the close. The consensus forecast sees EPS of $0.48 on $1.02 billion in revenue. Shares were changing hands at $18.96 as last week’s trading came to close. The consensus price target is $25.80, and the stock has a 52-week range of $16.14 to $29.88.
On Tuesday, Dave & Buster’s Entertainment Inc. (NASDAQ: PLAY) is scheduled to reveal its fiscal third-quarter results. The consensus estimates are $0.24 in EPS and $277.66 million in revenue. Shares closed trading at $52.99, while the consensus price target is $70.22. The 52-week trading range is $37.85 to $67.05.
Adobe Inc. (NASDAQ: ADBE) will share its latest quarterly earnings on Thursday afternoon. The consensus estimates call for $1.56 in EPS and $2.43 billion in revenue. Shares ended last week at $238.00, in a 52-week range of $170.43 to $277.61. The consensus analyst target is $291.26.
Costco Wholesale Corp. (NASDAQ: COST) is expected to report its most recent quarterly results on Thursday as well. The consensus analyst estimates are $1.62 in EPS and revenue of $34.72 billion. Shares of Costco traded at $224.86 on Friday’s close. The consensus price target is $243.83, and the 52-week trading range is $175.79 to $245.16.
Contact [email protected] for any questions or corrections.
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.
