Equity markets continued in the red for the third consecutive week. Real estate and telecom suffered the biggest drops last week, while energy, consumer discretionary and healthcare outperformed the rest of the market 📊
🤔 Nevertheless, maybe the updated earnings reports of some companies will cause a strong reaction among investors and bring back the long-awaited rally?
📌 We have prepared data on upcoming earnings reports from companies such as AutoZone, Costco and others.
So, check out the upcoming report for this week below! 👇
Wednesday, September 21st
- AutoZone Inc $AZO.N – AutoZone is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. The company has confirmed that its next quarterly earnings report will be published on Monday, September 19th, 2022. The previous 4 quarters’ earnings reports exceeded analysts’ expectations, which positively impacted the company’s stock price. This time, earnings may also exceed the previous period’s figures.
Thursday, September 22nd
- Costco Wholesale Corp $COST.OQ – Costco is an American multinational corporation that operates a chain of membership-only big-box retail stores (warehouse clubs). The company has confirmed that its next quarterly earnings report will be published on Thursday, September 22nd, 2022. COST has generated $12.70 in earnings per share over the last four quarters. Q4 earnings might turn out to be a record, which could be favorable for the company’s stock.
- Lennar Corp $LEN.N – Lennar Corporation, founded in 1954, is headquartered in Miami, Florida and is one of the nation’s leading builders of quality homes for all generations. The company is expected to report earnings on September 22nd after market close. The report will be for the fiscal Quarter ending Aug 2022. According to 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $4.77. The reported EPS for the same quarter last year was $3.27.
Friday, September 23rd
- NIKE Inc $NKE.N – Nike is an American multinational company specializing in sportswear and footwear. For their last quarter, NIKE (NKE) reported earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.81 per share. This reflects a positive earnings surprise of 11.11%. Look out for NKE’s next earnings release on September 23, 2022. For the next earning release, we expect the company to report earnings of $0.93 per share, reflecting a year-over-year decrease of 19.83%.
*Please note that dates and/or times of the release are subject to change.
