Quarterly company results for the week of 26.06. - 30.06: Walgreens Boots Alliance, General Mills, Nike
After a couple of weeks, we have a slightly more interesting result again, where companies like Walgreens Boots Alliance $WBA, General Mills $GIS, Nike $NKE, Jefferies $JEF and Micron $MU are the clear draw for investors.
What do analysts expect from these companies?
Walgreens Boots Alliance $WBA
WBA is expected to post quarterly earnings of $1.08 per share in its upcoming report, representing a year-over-year change of +12.5%. Revenue is expected to be $33.82 billion, up 3.8% from the previous quarter.
General Mills $GIS
This maker of Cheerios cereal, Yoplait yogurt and other packaged foods is expected to post quarterly earnings of $1.05 per share in its upcoming report, representing a year-over-year change of -6.3%. Sales are expected to be $5.17 billion, up 5.7% from the previous quarter.
Nike $NKE
Sportswear maker Nike is expected to post quarterly earnings at $0.67 per share in its upcoming report, representing a year-over-year change of -25.6%. Revenue is expected to be $12.57 billion, up 2.8% from the previous quarter.
Jefferies $JEF
This investment banking company is expected to post quarterly earnings at $0.42 per share in its upcoming report, representing a year-over-year change of -8.7%. Revenue is expected to be $1.11 billion, down 18.9% from the previous quarter.
Micron $MU
Micron will look to show strength as it nears its next earnings release, which is expected on June 28, 2023. In this report, analysts expect Micron to post earnings of $1.57 per share. That would indicate a year-over-year decline of 160.62%. Meanwhile, the latest consensus estimate points to revenue of $3.69 billion, down 57.26% from the previous quarter.
- Whose results do you care about? Let me know in the comments!
I also don't have any companies here that interest me, although with the $MU one, I'm "intrigued" by the possible deterioration in anticipation of results. That, if it does, would probably send the price down significantly. ...I guess it won't be boring otherwise either, I think the way the week ended we'll see if the market can manage to be strong or if we're getting into a downtrend.
So I'll skip the results this week. They shouldn't affect me in any way. But I don't think the market will be boring.
I'll definitely look at the WBA results I have in my portfolio. I'm also interested in Micron, where the estimates are pretty weak.