Earnings season is in full bloom, as numerous publicly traded companies continue to release their latest earnings reports, which are providing investor with fresh updates on consumer tendencies, economic conditions, and company specific financial outlooks.
However, it is extremely easy to become lost in all the different earnings and financial releases over the next month. Luckily, Zacks readers can utilize the Zacks Earnings Calendar in order to keep track of specific earnings releases, dividend announcements, and other vital news than can have a large impact on portfolios.
Using the Earnings Calendar, we are looking ahead to next week to target the most important upcoming reports. Check out these four companies that are expected to release an earnings report during the week of July 24:
Alphabet Inc. (GOOGL – Free Report) ) – Monday, July 24 – After Market Close
Technology behemoth Alphabet Inc., formerly known as Google, is expected to release its quarterly earnings report after the closing bell on July 24. Our Zacks Consensus Estimate calls for revenue of $20.83 billion and earnings of $8.20 per share, which would represent year-over-year growth of 18.86% and 17.18%, respectively.
A recent market share report showed that Google holds a 72.5% share of the global search engine market, and the company continues to expand outside of its traditional search business. The stock currently sports a Zacks Rank #2 (Buy), but with an Earnings ESP of -2.56%, we can’t be overly confident of a beat this quarter. Nevertheless, Alphabet surprised earnings projections last quarter and will look to continue that momentum.
Chipotle Mexican Grill, Inc. (CMG – Free Report) ) – Tuesday, July 25 – After Market Close
Fast-casual giant Chipotle Mexican Grill will release its quarterly earnings report after the market closes on July 25. The Zacks Consensus Estimate projects revenue of $1.19 billion and earnings of $2.17 per share, which would signify impressive year-over-year growth of 18.70% and 149.14%, respectively. However, investors should note that the prior-year quarter was impacted by the company’s massive food-safety scandal, so these comparisons don’t paint the full picture.
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