Categories Earnings, U.S. Markets News

Companies reporting earnings this week: Dec 3 – 7

A slew of major companies are reporting earnings this week. Discount store chain Dollar General (DG) will announce third-quarter earnings on Tuesday before the bell. Analysts expect earnings to climb 35.50% to $1.26 per share and revenue to rise by 8.10% to $6.38 billion. The company’s results will be benefited by the mature store base contributions and strong new stores performance, as well as higher same-store sales growth.

Auto parts retailer AutoZone Inc. (AZO) will report third-quarter results on Tuesday. Analysts expect earnings to jump 22.10% to $12.21 per share on higher merchandise margins. Revenue is anticipated to rise by 1.80% to $2.64 billion with the aid of strong same-store sales from both the Retail and Commercial businesses. The company is likely to be benefited by the new stores opening and higher product placement.

Hewlett Packard Enterprise (HPE) will post Q4 results on Tuesday after the bell. Analysts project the company to report earnings of $0.43 per share on revenue of $7.84 billion. The information technology company will be benefited by the higher demand in the non-US markets. The Hybrid IT and Intelligent Edge segments are likely to register a double-digit growth.

Luxury homes builder Toll Brothers (TOL) will announce Q4 earnings on Tuesday. Earnings are expected to jump by 56.40% to $1.83 per share and revenue is likely to increase by 16% to $2.35 billion. A rise in home deliveries will be the main driver behind the results. In the California, West, South Mid-Atlantic and North regions, the company registered strong revenue growth.

Specialty retailer American Eagle Outfitters (AEO) is set to post third-quarter results on Wednesday before the bell. Analysts project earnings to rise by 29.70% to $0.48 per share. Revenue is predicted to rise by 6.10% to $1.02 billion helped by broad-based demand growth and higher comparable store sales. The company is likely to benefit from the nearing of the holiday season.

Tax preparation company H&R Block (HRB) will report Q2 earnings on Wednesday after the bell. Analysts see a loss of $0.93 per share on revenue of $139.8 million. The company’s bottom line will hurt by the seasonality of its tax business and upcoming holiday season. An increase in compensation and consulting expenses could lift the total operating expenses higher for the quarter.

As United Natural Foods Inc. (UNFI) announces Q1 results on Wednesday, analysts expect earnings of $0.73 per share on revenue of $2.7 billion. The company’s bottom line is likely to be hurt by the shift in customer mix and a rise in inbound freight costs. However, adjusted earnings could exceed analysts expectations as the results outperformed in three out of the four previous quarters.

Athletic apparel retailer Lululemon Athletica (LULU) is set to report third-quarter earnings on Wednesday. Analysts predict profit to jump 23.20% to $0.69 per share helped by higher revenue and an increase in comparable store sales. Revenue is projected to rise by 18.90% to $735.93 million as an increase in store base and higher direct to consumer revenue growth could lead the top line higher.

The Kroger Co. (KR) could post Q3 results on Thursday before the bell. Earnings are anticipated to decline by 2.30% to $0.43 per share and revenue is likely to fall by 0.20% to $27.69 billion. The results could be hurt by the convenience store business unit divestiture and the Home Chef merger. The retailer will also experience an increase in the costs and expenses due to the rollout of the Kroger Ship shopping experience and store opening and closing.

Chipmaker Broadcom (AVGO) will report Q4 earnings on Thursday after the bell. Analysts see a profit of $5.55 per share on revenue of $5.4 billion. The top line will be benefited by growth in the Enterprise Storage division which mainly consists of its fast-growing datacenter business. The results will also be driven by the strength of its franchise business model.

 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

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