Upcoming Earnings Reports To Watch: PCLN, SQ, CRM

U.S. stock indexes trudged back into the green on the year this week, shaking off concerns about rising inflation and indicating that investors are willing to focus on strong earnings and revenue growth—at least for now.

Fourth-quarter earnings reports were impressive across the board, and although tax reform created significant discrepancies between GAAP and non-GAAP results, forward-looking guidance confirmed the underlying strength of the economy, as well as commercial and individual consumers.

We are through the busy stretch of the latest earnings season, but a number of marquee reports that could help affirm this tone remain to be released.

Investors should remember that they can always use the Zacks Earnings Calendar to plan out their schedules for earnings, dividend announcements, and other important financial releases. This handy tool is your perfect one-stop-shop to properly prepare for the market events that will have an impact on your own portfolio.

Today, we’ve made that task even easier for you. Using the Earnings Calendar, we looked ahead to next week and selected most-important reports to watch. Make sure to keep an eye on these companies as they prepare to report during the week of February 26!

1. Booking Holdings (PCLN - Free Report)

Formerly known as Priceline Group, this online travel booking giant is scheduled to release its latest quarterly earnings results after the market closes on Feb. 27. The stock is currently sporting a Zacks Rank #3 (Hold), and shares have gained nearly 8% over the past 12 weeks.

Our current Zacks Consensus Estimates are calling for adjusted earnings of $14.12 per share and total revenues of $2.70 billion. These results would represent year-over-year growth rates of -0.63% and +14.87%. The company could face headwinds due to new competition and lower airline ticket prices, but investors should anticipate relatively strong sales figures this quarter.

2. Square, Inc. (SQ - Free Report)

1 2
View single page >> |

Disclaimer: Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web ...

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.