Earnings Calendar and Analysis for This Week (May 18-22)

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded previews and recaps for select companies that are reporting earnings throughout the week.

Please check back often. This earnings calendar is updated regularly.

(Editor's note: Earnings dates in tables are tentative. However, companies featured in "Earnings Spotlights" have officially announced their earnings dates.)

From just $107.88 $24.99 for Kiplinger Personal Finance

Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues

CLICK FOR FREE ISSUE

Sign up for Kiplinger’s Free Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

Karee Venema

I am the Senior Investing Editor at Kiplinger.com, having joined the publication in April 2021. I have over a decade of experience writing about the stock market and have covered corporate earnings reports and stock reactions over that time frame. I find corporate earnings to be so important because they allow investors a closer look into the strength of a company's fundamentals and how these may impact its share price down the road.

David Dittman

I am the former managing editor and chief investment strategist of Utility Forecaster, which was named one of "10 investment newsletters to read besides Buffett's" in 2015. A graduate of the University of California, San Diego, and the Villanova University School of Law, and a former stockbroker, I have been working in financial media for more than 20 years.

Earnings calendar highlights

Monday (5/18)

Tuesday (5/19)

Wednesday (5/20)

Earnings calendar preview: Nvidia

It's only a slight exaggeration to say the whole world will be watching when Nvidia (NVDA) reports fiscal 2027 first-quarter results after the closing bell on Wednesday. This is about more than AI stocks. Indeed, artificial intelligence is the catalyst for what many observers see as a fourth industrial revolution.

And, fresh off a trip to China with President Donald Trump and other top C-suite executives, CEO Jensen Huang will surely have many interesting things to say during Nvidia's conference call.

Wall Street expects the leader of the AI revolution to post earnings of $1.78 per share on revenue of $78.98 billion. The semiconductor stock reported EPS of 81 cents on revenue of $44.06 billion a year ago.

Susquehanna analyst Christopher Rolland reiterated his Positive (Buy) rating and raised his 12-month target price from $250 to $275 in a preview of Nvidia's report. "We still view Nvidia as having one of the largest opportunity sets ahead," Rolland writes, in what seems like an understatement.

"AI demand is supported by ever-increasing hyperscale capex plans," the analyst notes. "The top five hyperscalers are now expected to nearly double capex spend in 2026 (vs Street estimates of +62% YOY prior to the quarter)."

Looking for more timely stock market news to help gauge the health of your portfolio? Sign up for Closing Bell, our free newsletter that's delivered straight to your inbox at the close of each trading day.

As Rolland recounts, at Nvidia's GTC conference in March, Huang updated the company's forecast to exceed approximately $1 trillion of combined Blackwell/Rubin revenue through calendar 2027, up from about $500 billion across 2025 and 2026.

"Additionally," Rolland concludes, "Nvidia is even suggesting the possibility for further upside as the target does not include new platforms (i.e., Groq LPX rack, Vera CPU rack, storage rack, etc.)."

Thursday (5/21)

Earnings calendar preview: Walmart

Nothing is as big as Nvidia these days, but Walmart (WMT) recently became the first brick-and-mortar retailer to reach a trillion-dollar market cap.

Markets will look to Bentonville, Arkansas, when Walmart reports fiscal 2027 first-quarter results before the opening bell on Thursday, for indications of how the conflict in the Middle East — and the subsequent rise in inflation — is or is not impacting consumer behavior.

Wall Street expects Walmart to report EPS of 66 cents (+8.2% year over year) on revenue of $174.62 billion (+6.5% YoY). UBS analyst Michael Lasser has a Buy rating and a 12-month target price of $147 for the Dow Jones stock.

"Amidst a challenging backdrop for retailers, we anticipate WMT will continue to set the bar for the rest of the industry," Lasser writes in a preview of the biggest retailer in the world's upcoming earnings and guidance.

The analyst notes that Walmart "continues to gain traction with higher-income consumers," based primarily on better merchandise and better selection on its shelves as well as on its website. "At the same time," he adds, "WMT looks poised to sustain its price leadership while other retailers may be forced to pass through higher input costs."

Lasser sees long-term upside in Walmart's "second P&L" strategy focused on e-commerce, where return on investment is "beginning to inflect." Indeed, "its alternative revenue streams look poised to scale at a rapid pace" and "should drive the majority of WMT's earnings growth and margin expansion for the foreseeable future."

Friday (5/22)

Reporting schedules are provided by Briefing.com and company websites. Earnings estimate data provided by Refinitiv, an LSEG business, via Yahoo! Finance, and S&P Global Market Intelligence via Briefing.com.

Related content

• What to Look Out for in Economic Data This Week
• Kiplinger Economic Forecasts
• Stock Market Holidays in 2026: NYSE, NASDAQ and Wall Street Holidays
• Stock Market Trading Hours: What Time Is the Stock Market Open Today?