Key Earnings Reports to Watch This Week
The earnings calendar looks very light this week ahead of next week’s initial third quarter reports. Here are the key earnings reports should watch for this week:
Walgreens (WAG: 33.68 +0.09%)
While Walgreen’s stock has jumped 15% since the beginning of July, the stock has delivered disappointing earnings results each of the past three quarters. Expectations have come down, but expect another tough quarter for Walgreens.
Darden Restaurants (DRI: 35.60 +0.45%)
Darden Restaurants has performed quite well in this current economic recession as sales grew 8% last quarter. We are expecting another solid quarter with revenues likely inline with Street consensus, but cost savings should deliver better than expected earnings results. Read full preview.
Nike (NKE: 58.64 +0.81%)
While top-line sales results are not going to look positive, we expect that Nike could deliver quarterly earnings that exceed consensus expectations. The weakening US dollar should also help lift international revenues.
If you enjoyed this post, make sure you subscribe to my RSS feed!
Related posts:
- Key Earnings Reports Out This Week Earnings season is beginning to wrap up and we are...
- Darden Restaurants Earnings Preview Darden Restaurants (DRI: 35.60 +0.45%) is scheduled to report their...
Related posts brought to you by Yet Another Related Posts Plugin.