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 and grocery power Kroger KR 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
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
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.
