Much of earnings season has come and gone, but there are a few players left to hear from, particularly in the tech sector.
Monday, August 28
Nordic American Tanker Shipping (NYSE:NAT) is expected to report an earnings recovery when it releases second-quarter results ahead of the opening bell. While the NYSE-listed shipping company, which maintains a Suezmax-only fleet of tankers, reported a seasonal slowdown with the release of its first-quarter results in May, it said the phenomenon had already bottomed ...read the preview.
HEICO (NYSE:HEI) is likely to post a rise in revenue and earnings when it reports third-quarter results after the closing bell on Monday. The aerospace and electronics company has already guided investors for net sales growth for the remainder of 2023 in both its operating segments - Flight Support and Electronics Technologies ...read the preview.
Others due to report:
Earnings: Afya Limited
Tuesday, August 29
HP and Hewlett Packard Enterprise Co (NYSE:HPE) each report, and investors will be watching for guidance from one of the last major tech players of the season. HP is projected to post earnings of $0.86 on revenue of $13.38 billion.
Others due to report:
Earnings: PVH Corp, American Woodmark Corp
Economic data: Job openings, consumer confidence
Wednesday, August 30
Salesforce will lead the way Wednesday. The software company is expected to report earnings of $1.90 per share on revenue of $8.52 billion.
Others due to report:
Earnings: Victoria's Secret & Co. (NYSE:VSCO), CrowdStrike, Chewy
Economic data: ADP employment, pending home sales, GDP revision
Thursday, August 31
Analysts at the Bank of America Corp (NYSE:BAC) (Bank of America Corp (NYSE:BAC)) (BoA) see a potential upside to both sales and margins for Lululemon Athletica (NASDAQ:LULU) (Lululemon Athletica (NASDAQ:LULU)) when the athletic apparel company reports its second quarter financial results on Thursday, August 31 ...read the preview.
Others due to report:
Earnings: Dell Inc. (NASDAQ:DELL), Broadcom Corporation (NASDAQ:AVGO), Nutanix Inc (NASDAQ:NTNX), VMware
Economic data: Initial jobless claims, PCE index
Friday, September 1
Dingdong (Cayman) Limited, the Ecommerce company based in China, closes out the week of earnings. The company is projected to post revenue of $694.91 million.
Others due to report:
Economic data: Unemployment rate, nonfarm payrolls, wages, ISM manufacturing