Corporate earnings are driving the market right now, so keeping track of the earnings calendar is a must for any serious trader. Many S&P 500 companies already reported third-quarter earnings, but there are still many more Q3 2019 earnings reports that have the potential to move markets coming down the pipeline.
Earnings set the tone for the market, so it’s important to follow the earnings calendar closely. The market is mostly bullish right now, but a bad earnings report from a top player can have a huge impact on the market.
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Here are next week’s hottest earnings reports. Bookmark this earnings calendar because we update it regularly.
This Week’s Earnings Calendar
|Company||Ticker||Date / Time||Projected Revenue Growth||Consensus EPS||Consensus Revenue|
|ReneSola Ltd.||SOL||Mon, Nov. 25 / 7:10am||-||$0.05||-|
|Ituran Location and Control Ltd.||ITRN||Mon, Nov. 25 / 6:30am||31.3%||$0.44||$70.09 M|
|Brainsway Ltd.||BWAY||Mon, Nov. 25 / 6:30am||-||($0.13)||$5.75 M|
|OrganiGram||OGI||Mon, Nov. 25 / 6am||-||$0.00||$12.17 M|
|Jacobs Engineering Group, Inc.||JEC||Mon, Nov. 25 / 6:15am||-20.1%||$1.32||$3.31 B|
|Euroseas Ltd.||ESEA||Mon, Nov. 25 / BMO||-||($0.02)||-|
|Best Buy Co., Inc.||BBY||Tue, Nov. 26 / 7am||1.6%||$1.04||$9.74 B|
|Momo Inc.||MOMO||Tue, Nov. 26 / BMO||14.5%||$0.61||$9.74 B|
|DICK'S Sporting Goods, Inc.||DKSK||Tue, Nov. 26 / 7:30am||2.3%||$0.38||$1.90 B|
|Dollar Tree Stores, Inc.||dltr||Tue, Nov. 26 / 7:30am||3.6%||$1.12||$5.74 B|
|Dell Technologies||dell||Tue, Nov. 26 / BMO||-||$1.55||$22.90 B|
|Burlington Stores, Inc.||BURL||Tue, Nov. 26 / 6:45am||9.1%||$1.41||$1.79 B|
|Abercrombie & Fitch Co.||ANF||Tue, Nov. 26 / 7:30am||1.0%||$0.25||$869.42 M|
|Cracker Barrel Old Country Store, Inc.||cbrl||Tue, Nov. 26 / 8:30am||3.0%||$2.00||$755.20 M|
|Hormel Foods Corp.||HRL||Tue, Nov. 26 / 6:30am||-0.2%||$0.47||$2.52 B|
|Movado Group, Inc.||MOV||Tue, Nov. 26 / 6:45am||-||$1.03||-|
|Deere & Company||DE||Wed, Nov. 27 / 6:45am||-10.2%||$2.13||$8.46 B|
Companies in the country are delivering their quarterly earnings reports as we wind down the last quarter of the year. The third quarter of 2019 was boosted by a strong stock market and positive news from the trade deal.
Each week, investors learn about the performances of publicly listed companies. In the coming week, some companies such as Dell Technologies, Bank of Nova Scotia, Tech Data Corp, and more will release their quarterly results.
Featured Earnings Reports for the Week
Some companies will release their quarterly earnings report by next week. However, here are the top four to keep an eye on.
Best Buy Co (BBY)
Best Buy is a multinational electronics retailer, known for selling consumer electronics in the US and other parts of the world. The company is set to publish its third-quarter earnings on November 26.
Analysts expect Best Buy to deliver year-on-year increase with its revenue during the third quarter. According to the Zacks Consensus Estimate, Best Buy should post an earnings per share of $1.04. This would represent an 11% increase from the same period last year.
Traders are expecting revenues to grow by 1.5% and reach $9.3 billion. Similar to the other retailers in the country, Best Buy is getting ready for the holiday season. The company will start its Black Friday sales early in anticipation of getting shoppers in sync with the celebration.
Dell Technologies (DELL)
American multinational tech company, Dell Technologies, will report its Q3 earnings on Tuesday, November 26 amidst recent developments in the company. Traders expect the company to report losses for the quarter.
Third-quarter earnings totals are expected to come in at $1.55, 14.8% lower than Q3 2018 totals. However, Wall Street forecasts expect revenue growth of about 1.9% year-over-year. Dell announce a quarterly revenue of $22.90 billion.
If the stock performs better than expected, then it could snap out of its recent bear trend and record gains. However, if Dell’s stock underperforms, it could plunge lower in the coming days.
Dell recently launched its Dell Technologies on Demand. It is a consumption-based and as-a-service offering that provides its customers with more choice, consistency, and flexibility. The service will give customers more flexibility and control while boosting the performances of their infrastructure.
Analog Devices (ADI)
The semiconductor company, Analog Devices will publish its fourth-quarter fiscal earnings on November 26. The company specializes in data conversion, signal processing, and power management technology.
Wall Street analysts expect Analog’s earnings to decline year-on-year. Consensus estimates call for earnings of about $1.22 per share, 21% lower YOY. Experts also believe revenues will drop by 9% to $1.45 billion.
Analog’s stock price could drop if the company reports abysmal earnings. However, if it performs better-than-expected, then the stock price could rally over the coming days.
Tech Data Corp (TECD)
Tech Data Corp is an IT company that specializes in the distribution of IT products and services. Similar to the others, Tech Data Corp will deliver its quarterly earnings report on November 26. Tech Data will record a slight decline in quarterly earnings year on year.
According to Wall Street analysts, Tech Data Corp will post an EPS of $3.01 for the last quarter. This represents a 0.3% decline from the same quarter the previous year. Meanwhile, the quarterly revenue will be $9.34 billion. However, consensus estimates predict its full-year EPS will be about $12.50.
More Featured Earnings Reports
Stay tuned to the Dork to follow all the earnings season news. Bookmark this calendar because we update it every week. Follow Stock Dork on Twitter and Facebook to keep up with all the latest stock market news. Also, don’t forget to sign up for mobile Dork Alerts to get all the hottest stock picks, insights, and analysis delivered to your cell.