Quarterly company results for the week of March 20 - March 24: Nike, GameStop, General Mills
Next week is a mix of Chinese and US companies reporting their quarterly numbers. So as always, let's take a look at what analysts are expecting from the most interesting companies.
I'm taking Nike $NKE, GameStop $GME, General Mills $GIS, Chewy $CHWY, Foot Locker $FL and Pinduoduo $PDD as the most interesting companies of the week.
What do analysts expect from these companies?
Nike $NKE
According to Zacks Investment Research, based on 15 analysts' forecasts, the consensus EPS forecast for the quarter is $0.5. Reported earnings per share for the same quarter last year were $0.87. Revenue is estimated at $11.5 billion.
GameStop $GME
According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.16. This would imply a year-over-year growth of 65.96%. The latest consensus estimate projects $2.17 billion in quarterly revenue, down 3.82% from the previous year.
General Mills $GIS
$GIS is expected to report quarterly earnings at $0.90 per share in its upcoming report, representing a year-over-year change of +7.1%. Revenue is expected to be $4.9 billion, up 8% from the previous quarter.
Chewy $CHWY
Chewy is expected to report a quarterly loss of $0.12 per share in its upcoming report, representing a year-over-year change of -9.1%. Revenue is expected to be $2.64 billion, up 10.7% from the previous quarter.
Foot Locker $FL
The Zacks Consensus Estimate for quarterly earnings currently stands at 52 cents per share, indicating a decline of approximately 69% from the previous quarterly estimate of $1.93. Fourth-quarter revenue is expected to fall 8.6% to $2.139 billion and adjusted earnings are expected to fall 72% to 47 cents per share.
Pinduoduo $PDD
- Whose results are you interested in? Let me know in the comments!