- Home
- slideshows
- miscellaneous
- Earnings season isn't over quite yet. Here are the 6 companies to watch this week - and what you should look out for.
Earnings season isn't over quite yet. Here are the 6 companies to watch this week - and what you should look out for.
HSBC Holdings (HSBC) — August 5
Marriott (MAR) — August 5
Marriott's profits are expected to rise as analysts anticipate higher franchise and management fees from the hotel conglomerate. Growing demand for hotels around the globe also spell good fortune for the company, especially as it invests in middle-class offerings in the Asia Pacific market.
On the other end of the spectrum, the company will have to answer for fines coming from a Starwood hotels data breach as well as a District of Columbia lawsuit related to resort fees. Details on a settlement or improvements to hotel data security could please investors during the earnings call.
Here are Wall Street's quarterly estimates heading into the week:
- Revenue: estimated $5.49 billion, versus $5.35 billion in the same period last year
- Earnings per share: estimated $1.561, versus $1.730 in the same period last year
Walt Disney (DIS) — August 6
The entertainment behemoth is fresh off two box office records, a huge presence at San Diego Comic Con for its Marvel business, and the opening of a new Star Wars zone at Disneyland California. Disney shares are brushing up against all-time highs, so investors will be curious about how the company plans to keep the surge alive.
Disney may expand on its plans for the Disney+ streaming service — set to launch November 12 — as well as its Hulu and ESPN streaming businesses. Netflix sharply fell in July after a disappointing earnings report and signs of slowing subscriber growth, so Disney will hope to assure investors its products won't suffer the same fate.
Figures highlighting reinvigorated theme park revenue, positive guidance for streaming services and robust merchandise sales growth will pique Wall Street's interest when Disney releases its earnings report Tuesday.
Here are Wall Street's quarterly estimates heading into the week:
- Revenue: estimated $21.46 billion, versus $15.23 billion in the same period last year
- Earnings per share: estimated $1.707, versus $1.870 in the same period last year
CVS Health (CVS) — August 7
CVS faced its fair share of hurdles after merging with insurance company Aetna, and the drugstore chain is now looking to assure analysts that it's on the right track. The company is opening new "HealthHUB" stores for expanded health services, and investors will want to know whether CVS is on pace with their 1,500-store strategy and whether the new business meets profit goals.
Any comment on future plans with Aetna would also allay investors' concerns. Though the merger was approved by the Justice Department before its November close, a US district judge is currently reviewing whether the deal harms competition. Wall Street eagerly anticipates whether CVS can emerge unscathed or face new scrutiny in its effort to add new revenue sources to its pharmacy business.
Here are Wall Street's quarterly estimates heading into the week:
- Revenue: estimated $62.6 billion, versus $46.71 billion in the same period last year
- Earnings per share: estimated $1.695, versus $1.690 in the same period last year
Activision Blizzard (ATVI) — August 8
Activision Blizzard is one of the major players in the global esports market that continues to draw larger and larger crowds. Its Overwatch title remains popular with teams around the world, but growing interest in EA's Apex Legends and Epic Games' Fortnite bring new competition to the mix.
The company's last earnings report showed monthly average users hitting the lowest level since 2016. It's Call of Duty franchise — and the in-game purchasing it generates — has bolstered the company's revenue for years, while its blockbuster Destiny games hasn't met expectations.
Shares of EA surged July 31 after the company announced positive earnings results and assured investors that Fortnite hadn't harmed its bottom line too much. Look for Activision Blizzard to do the same, with Wall Street hoping for an uptick in MAUs and stable revenue from its Fortnite competitor.
Here are Wall Street's quarterly estimates heading into the week:
- Revenue: estimated $1.19 billion, versus $1.39 billion in the same period last year
- Earnings per share: estimated $0.262, versus $0.410 in the same period last year
Uber (UBER) — August 8
Fresh off a May IPO, Uber seeks to prove it can follow a long-term plan to cut down on financial losses and compete with transportation competitors like Lyft and Bird. Steady demand in areas like New York — where taxes and heavy usage send fares higher than before — will also be closely followed.
Uber will hope to show strong growth in its side businesses as well, namely Uber Freight and Uber Eats. Both subsidiaries operate in highly competitive markets, so signs of weakness will send analysts running. The company's CEO has also previously hinted at merging Uber Eats with a competing food delivery company, so any details on whether the plan is still on the table will spark interest.
Here are Wall Street's quarterly estimates heading into the week:
- Revenue: estimated $3.06 billion, versus a reported $2.77 billion in the same period last year
- Earnings per share: estimated -$3.261, no public shares available in year-ago period
Popular Right Now
Popular Keywords
Advertisement