We have already moved past the traditionally busy stretch of earnings season, but there are still several key reports to look forward to next week. So far, Q3 earnings have been strong across the board, so it will be interesting to see whether these reports will continue that trend and inspire strong trading for the remainder of the calendar year.
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 November 20.
1. Salesforce.com (CRM – Free Report)
Cloud computing and customer relations giant Salesforce is scheduled to report its latest earnings results after the market closes on November 21. Salesforce has never missed the Zacks Consensus Estimate for earnings, and shares of the company are up over 56% so far this year. Nevertheless, increased competition in the cloud CRM space, as well as expensive international investments, could create new pressures this quarter.
Based on our latest consensus estimates, we expect Salesforce to report earnings of 37 cents per share and revenues of $2.65 billion, which would represent year-over-year growth of 52% and 23%, respectively. Investors will want to focus on the company’s international growth, as a series of strategic partnerships and investments have made this segment the company’s key growth catalyst.
2. Hewlett Packard Enterprise (HPE – Free Report)
Hewlett Packard Enterprise is slated to release its latest earnings report after the bell on November 21. Things have been relatively up and down for HPE since its split from the former Hewlett-Packard Company in late-2015. Still, the company is coming off a strong earnings beat in the most recent quarter, and a recent spin-off could help improve margins.
