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Earnings Reports for the Week of June 25-29 (NKE, PIR, WBA)

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

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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.

Earnings Calendar Highlights


Noteworthy Earnings Reports: Carnival (CCL)


Noteworthy Earnings Reports: AeroVironment (AVAV), FactSet Research Systems (FDS), IHS Markit (INFO), JinkoSolar (JKS), Lennar (LEN), Sonic (SONC)

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Earnings Spotlight: Pier 1 Imports (PIR, $3.08) – The narrative of (AMZN) killing brick-and-mortar retailers isn't quite playing out in 2018 like it has over the past couple of years. The SPDR S&P Retail ETF (XRT) is actually up 10% year-to-date, roughly quadrupling the performance of the Standard & Poor's 500-stock index. But the rising tide hasn't helped Pier 1 Imports, whose multiyear decline has continued with a 27% plunge in 2018. Pier 1 reports after Wednesday's closing bell, and Wall Street expects much of the same hemorrhaging: Analysts are forecasting an 8.3% decline in revenues to $375.7 million, and they see the net loss exploding from a 4-cent deficit in the year-ago quarter to a 39-cent loss this year. Of the 15 analysts covering PIR, none believe the stock is a buy – sentiment is split between 10 hold calls and five sells.

Other Noteworthy Reports: Bed Bath & Beyond (BBBY), General Mills (GIS), Paychex (PAYX), Rite Aid (RAD)

SEE ALSO: What Do You Know About Earnings?


Earnings Spotlight: Walgreens Boots Alliance (WBA, $67.79) – By the time Walgreens reports earnings Thursday morning, it will be a member of the Dow Jones Industrial Average, replacing longtime component General Electric (GE). Walgreens in March finished folding in all 1,651 Rite Aid stores it previously acquired, so that should be reflected in the company's results. Analysts are looking for a 13.6% improvement in revenues to $34.2 billion, resulting in an 11.3% jump in profits to $1.48 per share. The analyst community has been fairly quiet on WBA of late, with the last rating – an "Equal Weight" (equivalent of hold) coming from Barclays in March.

Earnings Spotlight: Nike (NKE, $73.94) – Nike has been rallying in 2018, up about 16% so far this year. That hasn't necessarily come on strong quarterly results – its fiscal Q3 reported a few months ago showed a 6% drop in revenues and a dip in margins – but there's still reason for optimism. For instance, a UBS Evidence Lab survey about global athletic wear showed a high amount of interest from Nike customers and non-customers alike. But investors should be more focused on the fiscal 2019 forecast that should come as part of the company's fiscal fourth-quarter report, due out after Thursday's close. For the quarter to be reported, analysts expect 8.4% top-line growth to $9.4 billion, filtering down to a 6.7% improvement in the bottom line to 64 cents per share.

Other Noteworthy Reports: Accenture (ACN), Conagra Brands (CAG), KB Home (KBH), McCormick & Co. (MKC)


Noteworthy Earnings Reports: Constellation Brands (STZ)

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

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