Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.
(Editor’s Note: Many earnings dates are tentative but may be moved due to coronavirus-related concerns. However, companies featured in “Earnings Spotlights” have officially announced their earnings dates.)
Earnings Calendar Highlights
MONDAY
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Noteworthy Earnings Reports: Apple Hospitality REIT (APLE), Baidu (BIDU), Bilibili (BILI), iQIYI (IQ), SoftBank Group (SFTBY), Trivago (TRVG)” data-reactid=”21″>Noteworthy Earnings Reports: Apple Hospitality REIT (APLE), Baidu (BIDU), Bilibili (BILI), iQIYI (IQ), SoftBank Group (SFTBY), Trivago (TRVG)
<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio” data-reactid=”22″>SEE ALSO: Every Warren Buffett Stock Ranked: The Berkshire Hathaway Portfolio
TUESDAY
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Earnings Spotlight: Walmart (WMT, $125.94) – Walmart’s positioning as one of the premier "essential" retailers during the COVID-19 outbreak has earned it 6% year-to-date gains in a year that the broader blue-chip indices are down by double digits. And it should be no surprise that analysts expect a decent report when Walmart announces quarterly earnings ahead of the May 19 bell. Analysts are looking for a 5.2% improvement in revenues to $130.31 billion, which should fuel a 3.5% bump in profits to $1.17 per share. The question for shareholders is: What does WMT have left in the tank? While Wall Street is still broadly bullish on the name – the stock racked up 17 Buy ratings over the past quarter, versus just six Holds – RBC Capital analyst Scot Ciccarelli (Sector Perform, equivalent of Hold) sees "limited" upside. While the company has sales momentum and can be a prime recession stock, Ciccarelli says higher labor and cleaning costs, as well as a frothy valuation, could keep a lid on the stock.” data-reactid=”24″>Earnings Spotlight: Walmart (WMT, $125.94) – Walmart’s positioning as one of the premier “essential” retailers during the COVID-19 outbreak has earned it 6% year-to-date gains in a year that the broader blue-chip indices are down by double digits. And it should be no surprise that analysts expect a decent report when Walmart announces quarterly earnings ahead of the May 19 bell. Analysts are looking for a 5.2% improvement in revenues to $130.31 billion, which should fuel a 3.5% bump in profits to $1.17 per share. The question for shareholders is: What does WMT have left in the tank? While Wall Street is still broadly bullish on the name – the stock racked up 17 Buy ratings over the past quarter, versus just six Holds – RBC Capital analyst Scot Ciccarelli (Sector Perform, equivalent of Hold) sees “limited” upside. While the company has sales momentum and can be a prime recession stock, Ciccarelli says higher labor and cleaning costs, as well as a frothy valuation, could keep a lid on the stock.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Earnings Spotlight: Home Depot (HD, $239.33) – Home Depot is another major name reporting in what will be a big week for retailers. Like Walmart, Home Depot has been deemed "essential," and is widely expected to benefit from an uptick in DIY projects as many people are confined to their homes – that’s largely why investors have bid shares up nearly 10% year-to-date. Wells Fargo’s Zachary Fadem (Overweight, equivalent of Buy) recently raised his price target on shares from $215 to $260, believing the company will top analyst estimates in its Tuesday morning report, and writing that the company deserves its premium valuation. Wall Street analysts are looking for 3.4% year-over-year revenue growth to $27.28 billion, but a marginal decline in profits to $2.26 per share.” data-reactid=”25″>Earnings Spotlight: Home Depot (HD, $239.33) – Home Depot is another major name reporting in what will be a big week for retailers. Like Walmart, Home Depot has been deemed “essential,” and is widely expected to benefit from an uptick in DIY projects as many people are confined to their homes – that’s largely why investors have bid shares up nearly 10% year-to-date. Wells Fargo’s Zachary Fadem (Overweight, equivalent of Buy) recently raised his price target on shares from $215 to $260, believing the company will top analyst estimates in its Tuesday morning report, and writing that the company deserves its premium valuation. Wall Street analysts are looking for 3.4% year-over-year revenue growth to $27.28 billion, but a marginal decline in profits to $2.26 per share.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other Noteworthy Reports: Advance Auto Parts (AAP), Netease (NTES), Sina (SINA), Urban Outfitters (URBN), Weibo (WB)” data-reactid=”26″>Other Noteworthy Reports: Advance Auto Parts (AAP), Netease (NTES), Sina (SINA), Urban Outfitters (URBN), Weibo (WB)
<h3 class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="SEE ALSO: 32 Ways to Earn Up to 9% on Your Money Now” data-reactid=”27″>SEE ALSO: 32 Ways to Earn Up to 9% on Your Money Now
WEDNESDAY
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Noteworthy Earnings Reports: Analog Devices (ADI), Dr. Reddy’s Laboratories (RDY), Expedia Group (EXPE), Huya (HUYA), L Brands (LB), Lowe’s (LOW), McKesson (MCK), Shoe Carnival (SCVL), Take-Two Interactive (TTWO), Target (TGT), VEREIT (VER), ZTO Express (ZTO)” data-reactid=”30″>Noteworthy Earnings Reports: Analog Devices (ADI), Dr. Reddy’s Laboratories (RDY), Expedia Group (EXPE), Huya (HUYA), L Brands (LB), Lowe’s (LOW), McKesson (MCK), Shoe Carnival (SCVL), Take-Two Interactive (TTWO), Target (TGT), VEREIT (VER), ZTO Express (ZTO)
THURSDAY
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Noteworthy Earnings Reports: Agilent Technologies (A), Apollo Investment (AINV), Best Buy (BBY), BJ’s Wholesale Club (BJ), Deckers Outdoor (DECK), Hewlett Packard Enterprise (HPE), Hormel Foods (HRL), Intuit (INTU), Nvidia (NVDA), Palo Alto Networks (PANW), Ross Stores (ROST), SeaDrill (SDRL), Splunk (SPLK), Teekay Corp. (TK), TJX Cos. (TJX)” data-reactid=”32″>Noteworthy Earnings Reports: Agilent Technologies (A), Apollo Investment (AINV), Best Buy (BBY), BJ’s Wholesale Club (BJ), Deckers Outdoor (DECK), Hewlett Packard Enterprise (HPE), Hormel Foods (HRL), Intuit (INTU), Nvidia (NVDA), Palo Alto Networks (PANW), Ross Stores (ROST), SeaDrill (SDRL), Splunk (SPLK), Teekay Corp. (TK), TJX Cos. (TJX)
FRIDAY
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Earnings Spotlight: Alibaba Group (BABA, $203.68) – The spotlight will shine on China’s retail environment at the end of the week, as e-commerce giant Alibaba reports ahead of the May 22 open. BABA shares are only slightly outperforming the Chinese market, at 4% losses versus about 6% for the iShares MSCI China ETF (MCHI). Nonetheless, it’s still a wildly popular pick in the analyst community, where 13 pros have rattled off Buy-equivalent ratings over the past three months, with no opposition. CLSA’s Elinor Leung (Buy) notes that Alibaba’s recovery isn’t even across the board – staples sales have grown, consumer electronics have been resilient, but discretionary products are slow to bounce back. She says Alibaba’s quarter ended March "was a tough quarter." On average, analysts expect an 11.9% jump in revenues to $15.20 billion, but a 30.4% drop in earnings to 87 cents per share.” data-reactid=”34″>Earnings Spotlight: Alibaba Group (BABA, $203.68) – The spotlight will shine on China’s retail environment at the end of the week, as e-commerce giant Alibaba reports ahead of the May 22 open. BABA shares are only slightly outperforming the Chinese market, at 4% losses versus about 6% for the iShares MSCI China ETF (MCHI). Nonetheless, it’s still a wildly popular pick in the analyst community, where 13 pros have rattled off Buy-equivalent ratings over the past three months, with no opposition. CLSA’s Elinor Leung (Buy) notes that Alibaba’s recovery isn’t even across the board – staples sales have grown, consumer electronics have been resilient, but discretionary products are slow to bounce back. She says Alibaba’s quarter ended March “was a tough quarter.” On average, analysts expect an 11.9% jump in revenues to $15.20 billion, but a 30.4% drop in earnings to 87 cents per share.
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Other Noteworthy Reports: Buckle (BKE), Deere (DE), Foot Locker (FL)” data-reactid=”35″>Other Noteworthy Reports: Buckle (BKE), Deere (DE), Foot Locker (FL)
Reporting schedules provided by Briefing.com and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.
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