We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stocks moved strongly higher on Friday, with another impressive jobs report inspiring investors to erase the weekly losses of the 30-stock Dow index. It will still be a battle to break markets out of their recent range-bound trading, but Wall Street bulls will hope another strong stretch of Q1 earnings reports will do the trick next week.
With that said, investors can always use the Zacks Earnings Calendar to plan out their schedules for earnings, dividend announcements, and other important financial releases. This handy tool is your perfect one-stop-shop to properly prepare for the market events that will have an impact on your own portfolio.
And today, we’ve made that task even easier for you. Using the Earnings Calendar, we looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on these companies as they prepare to report during the week of May 7.
Media and entertainment behemoth Disney is scheduled to release its latest quarterly financial results after the market closes on May 8. Investors yawned at the rollout of Disney’s new ESPN+ streaming service, and the stock has slumped more than 3% in the past month. Still, the report will be an important gauge of the company as it heads toward a full over-the-top platform release.
Our latest Zacks Consensus Estimate is calling for earnings of $1.68 per share. This projection has remained flat over the past 60 days and would mark growth of 12.0% from the year-ago period. Our Most Accurate Estimate, which only considers the most recent analyst figures, is a penny higher. Revenue is expected to be $14.23 billion, up 6.7%.
Video game publishing giant Electronic Arts is slated to announce its most recent earnings results after the closing bell on May 8. After an up-and-down month of trading, EA shares are basically flat over the past 30 days, but analyst sentiment has not been strong throughout the quarter. Investors will hope that this Zacks Rank #4 (Sell) company can defy that trend next week.
The latest Zacks Consensus Estimate for earnings is calling for profits of $1.15 per share. This projection has moved a penny lower in the past 60 days but still represents year-over-year growth of 59.7%. Revenue is expected to come in at $1.23 billion, which would mark a 12.6% improvement from the prior-year period.
Wall Street darling and graphic chip powerhouse Nvidia is scheduled to release its latest quarterly earnings report after the market closes on May 10. Nvidia, along with the rest of the semiconductor space, has lost some of its steam lately, but another great report could have the company back to its highs in no time. The stock is sporting a Zacks Rank #3 (Hold).
Our latest Zacks Consensus Estimate is calling for earnings of $1.65 per share. This projection has stayed flat over the past two months. Such a result would represent year-over-year growth of 94.1%. However, our Most Accurate Estimate is a penny higher. Our consensus estimate for revenue is calling for sales of $2.91 billion, up 51.1%.
Want more market analysis from this author? Make sure to follow @Ryan_McQueeneyon Twitter!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Upcoming Earnings Reports to Watch: DIS, EA, NVDA
Stocks moved strongly higher on Friday, with another impressive jobs report inspiring investors to erase the weekly losses of the 30-stock Dow index. It will still be a battle to break markets out of their recent range-bound trading, but Wall Street bulls will hope another strong stretch of Q1 earnings reports will do the trick next week.
With that said, investors can always use the Zacks Earnings Calendar to plan out their schedules for earnings, dividend announcements, and other important financial releases. This handy tool is your perfect one-stop-shop to properly prepare for the market events that will have an impact on your own portfolio.
And today, we’ve made that task even easier for you. Using the Earnings Calendar, we looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on these companies as they prepare to report during the week of May 7.
1. The Walt Disney Company (DIS - Free Report)
Media and entertainment behemoth Disney is scheduled to release its latest quarterly financial results after the market closes on May 8. Investors yawned at the rollout of Disney’s new ESPN+ streaming service, and the stock has slumped more than 3% in the past month. Still, the report will be an important gauge of the company as it heads toward a full over-the-top platform release.
Our latest Zacks Consensus Estimate is calling for earnings of $1.68 per share. This projection has remained flat over the past 60 days and would mark growth of 12.0% from the year-ago period. Our Most Accurate Estimate, which only considers the most recent analyst figures, is a penny higher. Revenue is expected to be $14.23 billion, up 6.7%.
2. Electronic Arts Inc. (EA - Free Report)
Video game publishing giant Electronic Arts is slated to announce its most recent earnings results after the closing bell on May 8. After an up-and-down month of trading, EA shares are basically flat over the past 30 days, but analyst sentiment has not been strong throughout the quarter. Investors will hope that this Zacks Rank #4 (Sell) company can defy that trend next week.
The latest Zacks Consensus Estimate for earnings is calling for profits of $1.15 per share. This projection has moved a penny lower in the past 60 days but still represents year-over-year growth of 59.7%. Revenue is expected to come in at $1.23 billion, which would mark a 12.6% improvement from the prior-year period.
3. NVIDIA Corporation (NVDA - Free Report)
Wall Street darling and graphic chip powerhouse Nvidia is scheduled to release its latest quarterly earnings report after the market closes on May 10. Nvidia, along with the rest of the semiconductor space, has lost some of its steam lately, but another great report could have the company back to its highs in no time. The stock is sporting a Zacks Rank #3 (Hold).
Our latest Zacks Consensus Estimate is calling for earnings of $1.65 per share. This projection has stayed flat over the past two months. Such a result would represent year-over-year growth of 94.1%. However, our Most Accurate Estimate is a penny higher. Our consensus estimate for revenue is calling for sales of $2.91 billion, up 51.1%.
Want more market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>