Upcoming Earnings Reports To Watch: UNFI, RH, FIVE

The week after a long weekend always seems to fly by, and this short week was particularly hectic with North Korean updates, more political uncertainty in Europe, and new trade war tensions between the U.S. and some of its allies. Therefore, many investors might have missed some of this week’s biggest earnings reports, which means they will want to pay closer attention next week.

With that said, investors can always use the Zacks Earnings Calendar to plan out their schedules for earnings, dividend announcements, and other important financial releases. This handy Zacks tool is a great one-stop-shop that investors can utilize to help properly prepare for the market events set to impact their portfolios.

The week of June 4 features some big names in the tech space, which includes Palo Alto Networks (PANW - Free Report) and Broadcom (AVGO - Free Report). There are also a number of other companies prepared to report their quarterly financial results.

We are going to look at three of these stocks to give investors an idea of what they should expect next week to help them see if they might want to buy any of these stocks ahead of earnings.

1. United Natural Foods (UNFI - Free Report)

Shares of this North American wholesale distributor of natural and organic foods are up 10.5% over the last year and over 4% in the last 12 weeks. Our current Zacks Consensus Estimates are calling for United Natural Foods’ quarterly revenues to climb by 8.9% to hit $2.58 billion. Moving on to the opposite end of the income statement, the company is expected to see its adjusted quarterly earnings surge nearly 21% to $0.93 per share.

Coming into Friday, UNFI stock was trading at 13.2X forward 12-month Zacks Consensus EPS estimates, which marks a discount compared to the S&P 500’s 16.7X. The company is also currently a Zacks Rank #3 (Hold) and sports “A” grades for Value, Growth, and Moment in our Style Scores system. United Natural Foods is set to report its third-quarter fiscal 2018 financial results after market close on Wednesday, Jun 6.

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