Earnings season continues to deliver a crowded calendar on Thursday, with a mix of large-cap technology firms and a range of retail and services companies set to release quarterly results. The companies scheduled span enterprise software, retail apparel and home furnishings, as well as automotive auction and services businesses.
Earnings Before the Open
- Tsakos Energy Navigation Ltd (TEN) - Estimated EPS: $2.48, Estimated revenue: $220.58M
- DSW Inc (DBI) - Estimated EPS: $0.2565, Estimated revenue: $745.09M
- 1-800 FLOWERS.COM (FLWS) - Estimated EPS: -$0.7, Estimated revenue: $294.29M
- Vince Holding Co (VNCE) - Estimated EPS: $0.16, Estimated revenue: $76.89M
- Shoe Carnival (SHOE) - Estimated EPS: $0.3433, Estimated revenue: $297.63M
- Macy’s (M) - Estimated EPS: $0.3477, Estimated revenue: $4.78B
- MCBC Holdings Inc (MCFT) - Estimated EPS: $0.64, Estimated revenue: $93.04M
- The Lovesac Company (LOVE) - Estimated EPS: -$0.36, Estimated revenue: $161.56M
Earnings After the Close
- Oracle Corp (ORCL) - Estimated EPS: $1.73, Estimated revenue: $19.13B
- Adobe Sys Inc (ADBE) - Estimated EPS: $6.07, Estimated revenue: $6.69B
- Copart Inc (CPRT) - Estimated EPS: $0.3869, Estimated revenue: $1.14B
- Descartes Systems Group (DSGX) - Estimated EPS: $0.5522, Estimated revenue: $199.37M
- Restoration Hardware Holdings (RH) - Estimated EPS: $0.3899, Estimated revenue: $915.44M
- Frequency Electronics (FEIM) - Estimated EPS: $0.285, Estimated revenue: $19.25M
The session also includes reporting from a number of smaller-cap and specialty companies later in the day:
- LightPath Technologies (LPTH) - Estimated EPS: -$0.01, Estimated revenue: $18.31M
- IBEX Holdings Ltd (IBEX) - Estimated EPS: $0.79, Estimated revenue: $153.38M
- Zumiez Inc (ZUMZ) - Estimated EPS: -$0.1066, Estimated revenue: $213.12M
- Champions Oncology (CSBR) - Estimated EPS: -$0.01, Estimated revenue: $15.05M
Market pricing ahead of or immediately after results can shift quickly. A sequence of intraday percentage changes that accompanied the reporting schedule included several of the same tickers: ORCL +1.16%, ADBE -0.2%, M -0.62%, FEIM -1.18%, FLWS -4.38%, LPTH -5.34%, SHOE -0.6%, ZUMZ -0.17%, DBI +0.38%, DSG -2.48%, TEN +1.82%, CPRT -1.33%, RH -0.87%, VNCE -2.46%, CSBR +4.94%, MCFT -1.96%, IBEX +0.16%, LOVE -0.09%.
Investors and analysts tracking the day’s announcements will be able to compare these consensus estimates to the actual reported results once companies publish their numbers either before market open or after the market close. The schedule provides a cross-section of sectors - technology, retail, home furnishings, and automotive services - where earnings will be examined for signs of revenue growth, profitability and margin trends.
Summary
Thursday’s earnings calendar is busy, with major enterprise-software names such as Oracle and Adobe reporting after the close, and a group of retailers and smaller service companies reporting before the opening bell. Consensus estimates for EPS and revenue are provided for each company listed, offering a baseline for market expectations.
Key points
- Enterprise software: Oracle and Adobe are scheduled to report after the market close, with estimated revenue of $19.13B and $6.69B respectively.
- Retail and home furnishings: Macy’s and Restoration Hardware are on the calendar, representing established department-store and higher-end home-furnishing segments.
- Automotive services and specialty: Copart’s estimated revenue of $1.14B places the auto-auction operator among larger reporters on the day, while several smaller-cap companies also report.
Risks and uncertainties
- Actual results may differ from consensus estimates - the article lists estimated EPS and revenue figures that markets will compare with reported numbers.
- Stock prices can move rapidly around earnings - the percent changes included in the article illustrate intraday and pre/post-result volatility for several tickers.
- Some reporters on the schedule show negative estimated EPS, highlighting the variability in profitability across companies and sectors.