stocks

Kiplinger's Weekly Earnings Calendar (May 23-27)

Check out our earnings calendar for the upcoming week, as well as our previews of the more noteworthy reports.

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 earnings previews for select companies.

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

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

Earnings Calendar Highlights

   

MONDAY

Noteworthy Earnings Reports

CompanySymbolEarnings estimate
Advance Auto PartsAAP$3.57 per share
America's Car-MartCRMT$3.10
NautilusNLS-$0.49
NordsonNDSN$2.29
TranscatTRNS$0.45
XPengXPEV-$1.87

   

TUESDAY

Earnings Spotlight: Best Buy

It has been a heavy stretch for retail earnings, and based on the mixed results from Walmart (WMT) and Target (TGT), it was a tougher quarter than initially expected for many in the industry.

"U.S. retailers Target and Walmart presented a grim outlook at their earnings calls," says the BCA Research Daily Insights team. "Although Q1 topline growth surprised to the upside, lingering pandemic supply-chain issues as well as higher freight, fuel and labor costs weighed down on both companies' profits."

Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.

Wall Street will get a closer look at the group next week, with a number of retailers set to report. Among them is electronics retailer Best Buy (BBY, $70.65), slated to unveil its first-quarter results ahead of Tuesday's open. 

"We see more downside than upside risk due to rising inflation and interest rates, affordability issues for key products, the Ukraine war further weighing on consumer confidence, and additional supply-chain issues in China," says Wedbush analyst Seth Basham (Neutral). 

And these pressures, as well as tough stimulus-related year-over-year comparisons, led to a sharp drop in store traffic trends in March, he adds.

For BBY's first-quarter, analysts, on average, are anticipating a 26.9% year-over-year (YoY) drop in earnings to $1.63 per share. Revenue is expected to arrive at $10.4 billion (-10.3% YoY).

Other Noteworthy Earnings Reports

CompanySymbolEarnings estimate
Abercrombie & FitchANF$0.09 per share
Agilent TechnologiesA$1.12
CaleresCAL$0.83
Canadian SolarCSIQ$0.01
Citi TrendsCTRN$1.82
Diana ShippingDSX$0.28
Elbit SystemsESLT$1.99
IntuitINTU$7.58
NetEaseNTES$7.15
NordstromJWN-$0.05
Petco Health & WellnessWOOF$0.15
Ralph LaurenRL$0.37
Star Bulk CarriersSBLK$1.44
Toll BrothersTOL$1.50
Urban OutfittersURBN$0.42
Zepp HealthZEPP$1.10

   

WEDNESDAY

Earnings Spotlight: Nvidia

Nvidia (NVDA, $163.85) has a strong history of beating Wall Street's estimates on both the top and bottom line. But Susquehanna Financial Group analyst Christopher Rolland (Positive) thinks the semiconductor stock is in for a tougher time when it reports its Q1 results after Wednesday's close. 

"Unlike recent quarters, we believe any significant beat and raise may be capped by gaming headwinds," Rolland says. 

In addition to noteworthy price drops for Nvidia cards over the last year, "we have also witnessed a significant restocking, with all major card families now available at retailers. We believe the 'reopening' is the biggest driver of these changes and presents a potential intermediate-term narrative risk going into the quarter," he adds.

However, Rolland believes weakness in this segment could be offset by strength for data center, which has become even larger than NVDA's gaming segment. "Healthy underlying demand for NVIDIA’s products is being driven by hyperscale cloud computing, AI workloads, natural language processing, deep recommender models and vertical Enterprise products," he says.

Rolland is expecting NVDA to report earnings of $1.30 per share and revenue of $8.1 billion in its first quarter. This compares to consensus estimates for earnings per share of $1.29 (+41.6% YoY) and revenue of $8.1 billion (+43.4% YoY).

Other Noteworthy Earnings Reports

CompanySymbolEarnings estimate
BoxBOX$0.25 per share
Dick's Sporting GoodsDKS$2.49
Dycom IndustriesDY$0.16
EnerSysENS$1.15
ExpressEXPR-$0.03
Modine ManufacturingMOD$0.50
NutanixNTNX-$0.22
PhotronicsPLAB$0.35
SplunkSPLK-$0.74
ViaSatVSAT$0.22
Williams-SonomaWSM$2.88
ZTO ExpressZTO$1.38

   

THURSDAY

Earnings Spotlight: Dollar General

Dollar General (DG, $189.63) is another retailer that will report earnings next week, with first-quarter results from the discount chain expected out ahead of the May 26 open.

DG stock sold off sharply over the past few sessions as negative reactions to several retail earnings sparked a sector-wide swoon. Shares of the retail stock are now down around 20% for the year-to-date and have shed almost 27% since hitting a record high near $260 in late April.

What can we expect from Dollar General's Q1 report?

"We believe some of the headwinds highlighted by other players last week also have negative ramifications for DG including increasing cost pressures – fuel and LIFO [last in, first out; a method used to measure inventory] – and mix shifts," says Oppenheimer analyst Rupesh Parikh (Outperform). 

And while management addressed some of these headwinds in mid-March, "we believe weather and even stronger cost pressures on the food and transportation fronts suggest incremental risk vs. prior guidance," Parikh adds. Still, the analyst says he "would buy any dips from here."

Consensus estimates are for Dollar General to report earnings of $2.33 per share (-17.4% YoY) in its first quarter on revenue of $8.7 billion (+3.6% YoY).

Other Noteworthy Earnings Reports

CompanySymbolEarnings estimate
Alibaba Group HoldingBABA$7.16 per share
American Eagle OutfittersAEO$0.25
American WoodmarkAMWD$1.35
AutodeskADSK$1.35
BaiduBIDU$5.04
BaozunBZUN-$0.10
BradyBRC$0.80
BuckleBKE$0.82
Build-A-Bear WorkshopBBW$0.46
Burlington StoresBURL$0.63
Dollar TreeDLTR$2.01
FarfetchFTCH-$0.26
GapGPS-$0.13
GenescoGCO$0.65
Golar LNGGLNG$0.23
iQIYIIQ-$0.55
Jack in the BoxJACK$1.34
Lions Gate EntertainmentLGF.A$0.09
Macy'sM$0.82
MedtronicMDT$1.57
Red Robin Gourmet BurgersRRGB-$0.72
Royal Bank of CanadaRY$2.10
Titan MachineryTITN$0.58
Toronto-DominionTD$1.54
Ulta BeautyULTA$4.44
VMwareVMW$1.56
WorkdayWDAY$0.85
ZscalerZS$0.11

   

FRIDAY

Noteworthy Earnings Reports

CompanySymbolEarnings estimate
Big LotsBIG$1.09 per share
HibbettHIBB$3.11
PinduoduoPDD$1.71

Reporting schedules provided by Briefing.com and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

Most Popular

Education is Key: 3 Financial Lessons for Retirees Nearing Retirement
retirement planning

Education is Key: 3 Financial Lessons for Retirees Nearing Retirement

When it comes to retirement planning, educating yourself can keep you from making big mistakes. Here are three key lessons that everyone preparing for…
May 24, 2022
Your Guide to Roth Conversions
Special Report
Tax Breaks

Your Guide to Roth Conversions

A Kiplinger Special Report
February 25, 2021
Why Are Gas Prices Still Going Up?
spending

Why Are Gas Prices Still Going Up?

The cost of a gallon of gas is heading back toward its March highs. What’s driving the resurgence, and will gas prices go down anytime soon?
May 23, 2022

Recommended

65 Best Dividend Stocks You Can Count On in 2022
dividend stocks

65 Best Dividend Stocks You Can Count On in 2022

Yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases o…
May 27, 2022
Amazon Stock Split Puts It in Play to Join the Dow
stocks

Amazon Stock Split Puts It in Play to Join the Dow

Amazon.com’s four-digit price tag is coming down as the e-tailer preps for a 20-for-1 AMZN stock split effective in June.
May 27, 2022
3 Preferred Stock ETFs for High, Stable Dividends
ETFs

3 Preferred Stock ETFs for High, Stable Dividends

While you can easily purchase individual preferred stocks, exchange-traded funds (ETFs) allow you to reduce your risk by investing in baskets of prefe…
May 26, 2022
Stock Market Today (5/26/22): Retail Roars Back, Markets Build Positive Momo
Stock Market Today

Stock Market Today (5/26/22): Retail Roars Back, Markets Build Positive Momo

Discount retailers Dollar General (DG) and Dollar Tree (DLTR) were at the forefront of a second straight session of broad market gains.
May 26, 2022