Most of the big names have already reported this earnings season, but there are a number of companies expected to deliver results in the final week of November.
Monday, November 27
Zscaler Inc. (NASDAQ:ZS) is well positioned to exceed expectations and raise its full year 2024 billings guidance when the cybersecurity company reports its first quarter fiscal 2024 financial results after the market closes on November 27, according to Jefferies analysts.
In an update to clients, the analysts maintained their ‘Buy’ rating and $225 price target on Zscaler stock ...read the preview.
Others due to report:
Economic announcements: New Homes Sales
Tuesday, November 28
Hewlett Packard Enterprise Co (NYSE:HPE) will report earnings after the market closes on Tuesday, when the company will look to beat earnings expectations as it has each of the last four quarters.
The business-to-business group IT services group is expected to report fiscal fourth-quarter earnings of $0.50 per share on revenue of $7.36 billion ...read the preview.
Intuit Inc. (NASDAQ:INTU) is set to report growth on the top and bottom lines for the quarter ended in October when it hands down its latest financial report.
For the first quarter of fiscal 2024, the provider of financial and business management services and software expects to report year-over-year revenue growth of 10% to 11% and adjusted earnings per share (EPS) in the range of $1.94 to $2 ...read the preview.
CrowdStrike is expected to report strong year-over-year growth in both its revenue and profits on increased demand for its cybersecurity solutions amid rising threats during the third quarter ...read the preview.
Others due to report:
Earnings: Workday Inc (NASDAQ:WDAY), Splunk Inc (NASDAQ:SPLK)
Economic announcements: House Price Index, Consumer Confidence
Wednesday, November 29
Salesforce.com, Inc. (NYSE:CRM) is slated to report earnings after the market closes on November 30 when the company will look to top earnings expectations as it has each of the last four quarters.
Analysts at Jefferies believe the company is positioned to do just that, thanks in part to a low bar. The software company is expected to report earnings of $2.06 per share on revenue of $8.72 billion ...read the preview.
Snowflake is scheduled to report earnings on November 29, when investors will be watching closely for updates on the company’s artificial intelligence software.
The cloud-computing data management company is expected to post earnings of $0.16 per share on revenue of $713.06 million ...read the preview.
Synopsys Inc (NASDAQ:SNPS) is poised to deliver another earnings beat when it reports its fiscal fourth-quarter earnings.
The chip design and testing software firm has posted an average earnings surprise of 4.16% for the past two quarters, according to Zacks ...read the preview.
Okta Inc (NASDAQ:OKTA) doesn’t need to do much to beat expectations when it reports third-quarter results, according to analysts at Jefferies.
The IT services firm is expected to report earnings of $0.30 per share on revenue of $563.14 million, compared to $0 per share on revenue of $481 million a year earlier ...read the preview.
Victoria's Secret & Co. (NYSE:VSCO) upcoming third quarter results present a balanced risk-to-reward ratio for investors, analysts at UBS believe ...read the preview.
Others due to report:
Earnings: Five Below (NASDAQ:FIVE), La-Z-Boy (NYSE:LZB), Nutanix
Economic announcements: MBA Mortgage Applications, GDP (Preliminary), Crude Oil Inventories
Thursday, November 30
Dell Inc. (NASDAQ:DELL) investors are hoping the company’s third-quarter financial results will continue to propel the stock which has gained more than 82% in the year to date.
The company's 2Q earnings crushed expectations with earnings per share (EPS) of $1.74 on revenue of $22.9 billion against estimates of $1.14 and $20.9 billion respectively, sending its stock more than 20% higher ...read the preview.
Ahead of the company’s third-quarter results, analysts at Jefferies said Ulta Beauty (NASDAQ:ULTA) foot traffic data was strong, rising 7% through the quarter and outpacing beauty retail peers Sally Beauty Holdings (NYSE:SBH) and Bath & Body Works, which both had negative trends for the same quarter ...read the preview.
UiPath Inc (NYSE:PATH) is set to post higher revenues and earnings for the third quarter when it hands down its latest financial report after the stock market closes.
The business automation platform expects to report revenue in the range of $313 million to $318 million ...read the preview.
Others due to report:
Earnings: Marvell Technology Group, American Woodmark
Economic announcements: Continuing Claims, Initial Jobless Claims, Personal Consumption Expenditures, Personal Income, Personal Spending, Chicago PMI, Pending Homes Sales
Friday, December 1
December kicks off with remarks from Federal Reserve Chairman Jerome Powell, as well as Chicago Fed President Austan Goolsbee.
Others due to report:
Economic announcements: PMI Manufacturing, Unemployment Rate, PMI Manufacturing, Construction Spending ISM Manufacturing