Lyft, GoPro, Disney, Yelp and More Major Earnings Coming This Week
Though we are well into the first-quarter earnings reporting season, many major companies have yet to share their results. Here, 24/7 Wall St. has put together a preview of the most prominent earnings reports expected this week.
We have included the consensus earnings estimates, 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.
Mylan N.V. (NASDAQ: MYL) is scheduled to report its first-quarter results before the open on Tuesday. Early this past quarter, Mylan won FDA approval for patients with asthma and COPD. The consensus estimates call for earnings per share (EPS) of $0.79 and $2.7 billion in revenue. Shares were changing hands at $28.01 most recently. The consensus price target is $35.94, and the 52-week trading range is $26.00 to $42.50.
Look for Electronic Arts Inc. (NASDAQ: EA) to release its most recent quarterly results late on Tuesday. The consensus forecast calls for $0.97 in EPS and $1.2 billion in revenue for the first quarter. Shares traded most recently at $92.50. The consensus price target is $102.93, and shares have traded between $73.91 and $151.26 in the past 52 weeks.
Lyft Inc. (NASDAQ: LYFT) also is expected to report its first-quarter results later Tuesday. This will be Lyft’s first earnings report as a public company, after its initial public offering in late March. Overall, analysts anticipate a net loss of $1.81 per share and $740.21 million in revenue. Shares traded at $62.51 on Friday’s close. The consensus price target is $76.28. The stock has a 52-week trading range of $54.32 to $88.60.
Expect Office Depot, Inc. (NASDAQ: ODP) to release its most recent quarterly results early on Wednesday. Note that this company issued a warning regarding this quarter. The consensus forecast now calls for $0.07 in EPS and $2.76 billion in revenue for the first quarter. Shares closed at $2.45. The consensus price target is $3.27, and shares have traded between $2.08 and $3.82 in the past 52 weeks.
Walt Disney Co. (NYSE: DIS) recently announced that it had struck a deal to sell its remaining 21 regional sports networks, which could have an impact on the fiscal second-quarter report that is scheduled for Wednesday after the closing bell. The consensus forecast calls for $1.59 in EPS on $14.4 billion in revenue. Shares closed trading at $134.33 apiece on Friday. The consensus price target is $138.52, and the 52-week trading range is $97.68 to $142.37.
Etsy Inc. (NASDAQ: ETSY) will report its first-quarter results late on Wednesday. The stock is holding near all-time highs and could reach higher, similar to what happened after its fourth-quarter report. Analysts are looking for $0.14 in EPS and $170.06 million in revenue. Shares ended the week at $69.65, but the consensus price target is $73.69. The stock has a 52-week trading range of $28.08 to $73.35.
Switch Inc. (NYSE: SWCH) is expected to report its first-quarter results after the close on Wednesday as well. The consensus estimates are $0.04 in EPS and $104.95 million in revenue. Shares were last seen changing hands at $11.08. The consensus price target is $11.70, and the stock has a 52-week range of $6.39 to $16.04.
GoPro Inc.’s (NASDAQ: GPRO) first-quarter report is due after Thursday’s closing bell. The consensus estimates call for a net loss of $0.09 per share and $234.42 million in revenue. Shares ended the week at $6.03. The consensus price target is $6.25, and the 52-week range trading range is $4.00 to $7.60.
And Yelp Inc. (NYSE: YELP) is scheduled to post its first-quarter results late Thursday as well. Yelp was mentioned by Goldman Sachs as one of its newest favorite stocks for serious upside this year. The consensus earnings estimate is $0.01 per share, on $235.34 million in revenue. The stock closed trading at $40.98 a share, and the consensus price target is $39.57. Shares have traded between $29.33 and $52.50 in the past year.