Kiplinger’s Weekly Earnings Calendar (Jan. 23-27)

kiplinger’s-weekly-earnings-calendar-(jan.-23-27)

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.  

Monday (1/23)Tuesday (1/24)Wednesday (1/25)Thursday (1/26)Friday (1/27)(Editor’s Note: Earnings dates in tables are tentative. However, companies featured in “Earnings Spotlights” have officially announced their earnings dates.)

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Earnings Calendar HighlightsMonday (1/23)Swipe to scroll horizontally

Noteworthy Earnings ReportsCompanySymbolEarnings estimateBaker HughesBKR/a>$0.40 per shareBank of HawaiiBOH/a>$1.42Brown & BrownBRO/a>$0.46F.N.B.FNB/a>$0.42Logitech InternationalLOGI/a>$1.03Synchrony FinancialSYF/a>$1.13UmpquaUMPQ/a>$0.54Zions BancorpZION/a>$1.66Tuesday (1/24)Earnings Spotlight: MicrosoftMicrosoft (MSFT (opens in new tab), $231.93) will be the first of the big tech companies to report this earnings season when it unveils its fiscal second-quarter results after Tuesday’s close. Consensus estimates are for MSFT to report earnings of $2.30 per share, down 7.3% year-over-year (YoY), and revenue of $53.0 billion (+2.4% YoY). 

Stifel analyst Brad Reback (Buy) thinks Microsoft will post “lackluster” fiscal Q2 results. This is due recent commentary from CEO Satya Nadella “regarding the current economic environment and his belief that it could take upwards of two years for certain customers to work through some of their accelerated purchasing patterns during the COVID years.” 

The commentary Reback is referring to is a memo released earlier this week (opens in new tab) announcing the company will lay off 10,000 employees. In it, Nadella noted that following accelerated digital spend during the pandemic, MSFT customers are now optimizing their spending “to do more with less.” He added that many organizations are exercising caution amid recession concerns. 

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Other Noteworthy Earnings ReportsCompanySymbolEarnings estimate3MMMM$2.40 per shareAgilysysAGYS$0.21Canadian National RailwayCNI$2.09Capital One Financial COF$3.86D.R. HortonDHI$2.24DanaherDHR$2.50F5 NetworksFFIV$2.33General ElectricGE$1.16HalliburtonHAL$0.67Intuitive Surgical ISRG$1.25InvescoIVZ$0.36Johnson & JohnsonJNJ$2.24Lockheed MartinLMT$7.37NavientNAVI$0.84Old National BancorpONB$0.57PACCARPCAR$2.21Raytheon TechnologiesRTX$1.25Texas InstrumentsTXN$2.03TravelersTRV$3.40Union Pacific UNP$2.79Veritex HoldingsVBTX$0.88VerizonVZ$1.19WesBancoWSBC$0.83Western Alliance BancorpWAL$2.66Wednesday (1/25)Earnings Spotlight: TeslaTesla (TSLA (opens in new tab), $127.17) will report its fourth-quarter earnings after the Jan. 25 close. The last three months of 2022 were rough for Tesla stock, with shares of the electric vehicle maker losing more than half their value.

“Twitter has been such a major distraction for Elon Musk, investors have been concerned that he does not have his eye on the ball when it comes to Tesla’s operations, and that’s partly why the stock fell hard last year,” says Susannah Streeter, senior investments and markets analyst at Hargreaves Lansdown. “But worries about slowing global demand and the nervousness hanging over the tech sector have also played a part.”

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Still, analysts expect to see plenty of growth in Tesla’s Q4 financial results. Consensus estimates are for earnings of $1.13 per share (+32.9% YoY) and revenue of $21.2 billion (+36.3% YoY). Oppenheimer analyst Colin Rusch is expecting more modest growth in TSLA’s fourth quarter, targeting earnings of $1.03 per share and revenue of $21.1 billion. 

Rusch, who has a Perform (Hold) rating on the stock, will also be looking for commentary in Tesla’s earnings call on recent price cuts. The company said earlier this month that it will lower the prices on its Model 3 and Model Y vehicles by up to 20% across global markets. “We believe the company is making a proactive move to capture incentives but also to reset prices on EVs in key markets to help protect the company’s market position and apply pressure on competition from a cash flow perspective,” Rusch says.

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Other Noteworthy Earnings ReportsCompanySymbolEarnings estimateAbbott LabsABT$0.93 per shareASML ASML$4.34AT&TT$0.58Automatic Data ProcessingADP$1.94Axalta Coating SystemsAXTA$0.35BoeingBA$0.29Boot Barn HoldingsBOOT$1.75Crown CastleCCI$1.94CSXCSX$0.47Ethan AllenETD$0.89FlexFLEX$0.60Freeport-McMoRan FCX$0.43General DynamicsGD$3.54Hess HESS$1.60International Business MachinesIBM$3.61Kimberly-ClarkKMB$1.51Lam ResearchLCRX$9.94Las Vegas SandsLVS-$0.10Lending ClubLC$0.22Levi Strauss LEVI$0.30NextEra EnergyNEE$0.50NextEra Energy Partners NEP$0.49Norfolk Southern NSC$3.45Packaging CorpPKG$2.23ProgressivePGR$1.45Raymond JamesRJF$2.28Seagate TechnologySTX$0.11ServiceNowNOW$2.02SL Green RealtySLG$1.48Steel DynamicsSTLD$3.67TextronTXT$1.07U.S. Bancorp USB$1.14United RentalsURI$10.29West Fraser WFG$0.02WolfspeedWOLF-$0.14Thursday (1/26)Earnings Spotlight: VisaVisa (V (opens in new tab), $220.41) is one of several Dow Jones stocks reporting earnings next week. The payments processing giant will release its fiscal first-quarter results after Thursday’s close. Analysts, on average, expect V to report earnings per share of $2.01 (+11% YoY) and revenue of $7.7 billion (+9.1% YoY).

Baird analyst David Koning believes Visa will report fiscal Q1 results that are “mildly above consensus.” The analyst, who has an Outperform (Buy) rating on the stock, also has it as a “Fresh Pick” for several reasons, including high-quality earnings, its ability to benefit from higher inflation and interest rates, resilient card spend and its attractive valuation. Indeed, at current levels, Koning is eyeing more than 20% upside potential for Visa stock in 2023.

Koning is hardly alone in his bullish outlook. Of the 35 analysts covering Visa tracked by S&P Global Market Intelligence, 21 say it’s a Strong Buy and 10 have it at Buy. This compares to three Holds and one Strong Sell.  Plus, the average price target of $250.59 gives the stock implied upside of nearly 14% over the next 12 months or so.

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Other Noteworthy Earnings ReportsCompanySymbolEarnings estimateAlaska AirALK$0.91 per shareAmerican AirlinesAAL$1.07Archer-Daniels-MidlandADM$1.65BlackstoneBX$0.97CNX ResourcesCNX$0.62Comcast CMCSA$0.77DowDOW$0.57Eastman ChemicalEMN$1.25Federated HermesFHI$0.73Intel INTC$0.20JetBlue AirwaysJBLU$0.20KLA CorporationKLAC$7.03L3HarrisLHX$3.28Marsh McLennan MMC$1.40MastercardMA$2.58McCormickMKC$0.86NokiaNOK$0.13Northrop Grumman NOC$6.57NucorNUE$4.33OlinOLN$1.37OshkoshOSK$1.73Rockwell AutomationROK$1.87SAPSAP$1.37Sherwin-WilliamsSHW$1.86Southwest AirlinesLUV$0.06STMicroelectronicsSTM$1.10T. Rowe PriceTROW$1.70Tractor SupplyTSCO$2.35U.S. SteelX$0.63Valero EnergyVLO$6.96WeyerhaeuserWY$0.18XeroxXRX$0.51Friday (1/27)Swipe to scroll horizontally

Noteworthy Earnings ReportsCompanySymbolEarnings estimateAmerican ExpressAXP$2.24 per shareBooz Allen HamiltonBAH$1.04Charter CommunicationsCHTR$8.99ChevronCVX$2.56Charter CommunicationsCHTR$0.77Colgate-PalmoliveCL$0.77LyondellBasellLYB$1.26WisdomTreeWT$0.04Reporting schedules are provided by Briefing.com (opens in new tab) and company websites. Earnings estimate data provided by Refinitiv (opens in new tab) via Yahoo! Finance, and S&P Global Market Intelligence (opens in new tab) via Briefing.com.


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