Nike, Micron, Tilray and More Major Earnings Coming This Week
Half of March is in the books, and we are reaching the point when the number of major companies reporting quarterly results tends to slow down. 24/7 Wall St. has put together a preview of the earnings reports that are expected this week. 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.
Tilray Inc. (NASDAQ: TLRY) is set to report its most recent quarterly results on Monday after the close. Analysts are looking for a net loss of $0.12 per share and $14.45 million in revenue. Shares closed trading on Friday at $46.60, with a consensus price target of $72.50 and a 52-week trading range of $20.10 to $300.00.
On Tuesday, FedEx Corp. (NYSE: FDX) is scheduled to reveal its fiscal third-quarter results. The consensus estimates are $3.17 in earnings per share (EPS) and $17.69 billion in revenue. Shares ended the week at $177.98, while the consensus price target is $222.04. The 52-week trading range is $150.94 to $266.67.
Micron Technology Inc. (NASDAQ: MU) will share its latest quarterly earnings on Wednesday afternoon. The consensus estimates call for $1.70 in EPS and $5.89 billion in revenue. Shares were last seen trading at $39.54, in a 52-week range of $28.39 to $64.66. The consensus analyst target is $46.61.
Darden Restaurants Inc. (NYSE: DRI) is expected to report its fiscal third-quarter results on Thursday before the open. The consensus forecast sees $1.74 in EPS on $2.24 billion in revenue. Shares were changing hands at $110.66 as the week came to a close. The consensus price target is $120.95, and the stock has a 52-week range of $82.38 to $124.00.
Nike Inc. (NYSE: NKE) will post its latest quarterly earnings on Thursday afternoon. The consensus estimates call for $0.64 in EPS and $9.57 billion in revenue. Shares ended Friday at $86.80, in a 52-week range of $63.21 to $87.99. The consensus analyst target is $88.02.
Tiffany & Co. (NYSE: TIF) is scheduled to report its most recent quarterly results on Friday morning. The consensus analyst estimates are $1.43 in EPS and revenue of $33.75 billion. Shares of Tiffany closed at $96.56 on Friday. The consensus price target is $106.68, and the 52-week trading range is $73.04 to $141.64.