Walmart, Cisco, Alibaba, Nvidia and More Major Earnings Coming This Week
The first-quarter earnings reporting season is beginning to wind down, but 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.
Take-Two Interactive Software Inc. (NASDAQ: TTWO) is scheduled to report its fourth-quarter results after the close on Monday. The consensus estimates call for earnings per share (EPS) of $0.75 and $506.46 million in revenue. Shares were changing hands at $103.38 on Friday’s close. The consensus price target is $122.44, and the 52-week trading range is $84.41 to $139.91.
Look for Alibaba Group Holding Ltd. (NYSE: BABA) to release its most recent quarterly results early on Wednesday. Recent trade talks with China could play a big role in the future of this firm. The consensus forecast calls for $0.98 in EPS and $13.5 billion in revenue for the fiscal fourth quarter. Shares traded most recently at $178.00. The consensus price target is $205.77, and shares have traded between $129.77 and $211.70 in the past 52 weeks.
Macy’s Inc. (NYSE: M) is also expected to report its fiscal first-quarter results Wednesday morning. Overall, analysts anticipate $0.34 in EPS and $5.53 billion in revenue. Shares closed at $22.46 on Friday. The consensus price target is $25.86. The stock has a 52-week trading range of $22.37 to $41.99.
Expect Cisco Systems Inc. (NASDAQ: CSCO) to release its most recent quarterly results late on Wednesday. Cisco has been one of the top-performing Dow stocks this year. and it is also one of those buying back the most stock. The consensus forecast now calls for $0.77 in EPS and $12.9 billion in revenue for the fiscal third quarter. Shares ended te week at $53.36. The consensus price target is $55.96, and shares have traded between $40.25 and $57.53 in the past 52 weeks.
Walmart Inc.’s (NYSE: WMT) first-quarter report is due before Thursday’s opening bell. Walmart is one of the top five retail stocks for the summer. The consensus estimates call for $1.02 in EPS and $125.04 billion in revenue. Shares traded at $101.91 most recently. The consensus price target is $108.97, and the 52-week range trading range is $81.78 to $106.21.
Applied Materials Inc. (NASDAQ: AMAT) has its fiscal second-quarter report scheduled for Thursday after the closing bell. There are questions about a weak DRAM market going forward in 2019. The consensus forecast calls for $0.66 in EPS on $3.47 billion in revenue. Shares traded at $40.80 apiece on Friday’s close. The consensus price target is $47.75, and the 52-week trading range is $28.79 to $56.94.
Nvidia Corp. (NASDAQ: NVDA) will report its fiscal first-quarter results late on Thursday. One analyst recently praised this stock as one of the best semiconductor plays for this year. Analysts are looking for $0.79 in EPS and $2.2 billion in revenue. Shares ended the week at $168.82, but the consensus price target is $186.74. The stock has a 52-week trading range of $124.46 to $292.76.
Pinterest Inc. (NYSE: PINS) is expected to report its first-quarter results after the close on Thursday as well. This is Pinterest’s first public report since its initial public offering. The consensus estimates are a net loss of $0.15 per share and $196.96 million in revenue. Shares were last seen changing hands at $29.05. The consensus price target is only $23.70, while the stock has a 52-week range of $23.05 to $35.29.
And Deere & Co. (NYSE: DE) is scheduled to post its fiscal second-quarter results early Friday. The consensus earnings estimate is $3.61 per share, on $10.18 billion in revenue. The stock was trading at $156.05 a share, and the consensus price target is $175.72. Shares have traded between $128.32 and $169.99 in the past year.