Top 9 Retail Earnings Coming Out This Week

February 26, 2017 by Chris Lange

retail recession
Source: Thinkstock
The first round of retail earnings has come and gone. Now we are seeing more major retailers getting ready to report. The broad markets have been on an absolute tear, with the Dow Jones Industrial Average specifically having a record closing streak like none seen in roughly three decades. Although retailers were somewhat subdued last week, all the earnings coming out could mean a change of pace.

24/7 Wall St. has reviewed the consensus earnings estimates from Thomson Reuters and the stock price and trading history, as well as added some additional color on each.

For more, check out six key earnings to look for this week.

Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well.

Target Corp. (NYSE: TGT) will share its most recent quarterly results on Tuesday morning. The consensus estimates call for earnings per share (EPS) of $1.51 and $20.74 billion in revenue. Shares were last trading at $66.51, in a 52-week trading range of $62.94 to $84.14. The stock has a consensus analyst price target of $73.82.

Early on Wednesday, American Eagle Outfitters Inc. (NYSE: AEO) is scheduled to reveal its fiscal fourth-quarter results. The consensus estimates call for $0.38 in EPS, as well as $1.11 billion in revenue. Shares closed trading at $15.25 on Friday. The consensus price target is $18.29. The stock has a 52-week trading range of $13.32 to $19.55.

Best Buy Co. (NYSE: BBY) is set to report its fiscal fourth-quarter results before the markets open Wednesday as well. The analysts’ consensus estimates call for EPS of $1.67 and $13.62 billion in revenue. Shares were last changing hands at $45.56. The consensus price target is $45.23, and the stock has a 52-week range of $28.76 to $49.40.

Fourth-quarter results from Dollar Tree Inc. (NASDAQ: DLTR) also are scheduled for Wednesday. The consensus analyst estimates call for $1.32 in EPS and revenue of $5.62 billion. Shares of Dollar Tree closed at $79.41 on Friday. The consensus price target is $90.43. The 52-week trading range is $72.55 to $99.93.

Lowe’s Companies Inc. (NYSE: LOW) is set to share its latest quarterly earnings on Wednesday. The consensus estimates call for $0.79 in EPS and $15.39 billion in revenue. Shares were recently closed at $76.10, in a 52-week range of $64.87 to $83.65. The stock has a consensus analyst target of $81.35.

Also on Wednesday, look for Office Depot Inc. (NASDAQ: ODP) to report its fourth-quarter results. The analysts’ consensus estimates are EPS of $0.10 and $2.71 billion in revenue. Shares were changing hands at $4.33 on Friday’s close. The consensus price target is $4.62, and the stock has a 52-week trading range of $3.01 to $7.91.

Abercrombie & Fitch Co. (NYSE: ANF) will share its latest quarterly earnings on Thursday. The consensus estimates call for $0.75 in EPS on $1.05 billion in revenue. Shares ended the week at $11.98, in a 52-week trading range of $10.91 to $32.83. The consensus price target is $13.30.

Look for Costco Wholesale Corp. (NASDAQ: COST) to report its fiscal second-quarter results on Thursday. The consensus analyst estimates are $1.36 in EPS and revenue of $29.82 billion. Shares of Costco closed at $177.56 on Friday, above the consensus price target of $176.27. The 52-week range is $138.57 to $177.71.

And Kroger Co. (NYSE: KR) is set to share its latest quarterly earnings on Thursday. The consensus estimates call for $0.52 in EPS and $27.3 billion in revenue. Shares closed trading at $33.29, in a 52-week range of $28.71 to $40.91. The stock has a consensus analyst target of $36.09.

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