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Upcoming Earnings to Watch: CCL, ACN, PAYX

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The market was up and down all week as investors remained uncertain exactly how to react to the continued trade war dispute between the U.S. and China. But there is no rest for the weary because remaining aware of what to expect from stocks ahead of earnings is still as important as ever.

Tech giant Micron (MU - Free Report) and grocery power Kroger (KR - Free Report) both posted strong quarterly results this week. And next week is always a chance to make improvements (also read: Should You Buy Grocery Stocks, WMT, COST, TGT, After Kroger's Strong Quarter?).

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.

Today, we’re giving investors a look ahead at some of next week’s biggest reports by using our Earnings Calendar. So let’s jump into what to expect from a few big-name companies set to report during the week of June 25.

1. Carnival Corporation (CCL - Free Report)

Shares of Carnival are down roughly 5% over the last year, including a dip of 2.7% during the last four weeks. Yet, one of the largest cruise companies in the world is currently a Zacks Rank #3 (Hold) that sports an “A” grade for Value in our Style Scores system and an overall “B” VGM score.

Investors might also be pleased to note that the company is projected to see its quarterly revenues pop by 9.84% to hit $4.33 billion, based on our current Zacks Consensus Estimates. At the other end of the income statement, the company’s adjusted earnings are projected to reach $0.60 per share, which would mark a 15.38% surge from the year-ago period. Carnival is set to release its second-quarter financial results before the opening bell on Monday, June 25.

2. Accenture PLC (ACN - Free Report)

Our latest Zacks Consensus Estimates are calling for Accenture’s quarterly earnings to climb by 12.5% to reach $1.71 per share. Meanwhile, the company’s revenues are projected to hit $10.02 billion, representing a solid 12.97% gain from the year-ago period. Shares the professional services and management consulting firm have also trended in the right direction, up 31% over the last year.

However, ACN is currently a Zacks Ranks #4 (Sell) based mostly on the fact that its quarterly earnings picture has trended in the wrong direction recently—with the most recent analyst estimates coming in slightly below our current $1.71 per share consensus. But this picture could change as we approach the release of Accenture’s Q3 financial results, which are due to be released before the market opens on Thursday, June 28.

3. Paychex, Inc. (PAYX - Free Report)

Shares of Paychex, which is a management solutions company for payroll, HR, retirement, and insurance services, have climbed 17% over the last year and 13% over the last 12 weeks. PAYX is also currently a Zacks Rank #3 (Hold) that sports a “B” grade for Growth in our Style Scores system. The company is scheduled to release its fiscal fourth quarter and full-year financial results before the market opens on Wednesday, June 27.

Paychex is expected to see its quarterly revenues climb by 8.64% to hit $867.61 million, while its full-year sales are projected to reach $3.37 billion. Meanwhile, the company’s adjusted quarterly EPS figure is expected to surge by nearly 13% to touch $0.61 per share, with its full-year earnings projected to expand by 11.82% to hit $2.46 per share.

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