[ad_1]
The fourth quarter earnings season is in full swing in the coming week with reports due from more than 100 S&P 500 companies.
Here’s a look at what to expect from some of the most important names for reporting financial results.
Microsoft
Microsoft Corp. (MSFT) – Get the report is expected to post adjusted net income of $ 12.4 billion, or $ 1.64 per share, on sales of $ 40.2 billion after market close on Tuesday, according to a FactSet survey of 29 analysts.
In the same period a year ago, the company posted earnings of $ 1.51 per share on revenue of $ 36.9 billion. He reported a net profit of $ 10.7 billion.
The stock has risen 5.5% since the company last reported earnings on October 27.
In the next quarter, analysts forecast adjusted net income of $ 12 billion, or $ 1.58 per share, on sales of $ 38.7 billion.
For the year, analysts are forecasting revenue of $ 158.3 billion.
Microsoft is a stake in Jim Cramer Action Alerts PLUS Members Club.
Starbucks
Starbucks Corp. (SBUX) – Get the report is expected to report net income of $ 659 million, or 55 cents per share, on sales of $ 6.9 billion after market close on Tuesday, based on a FactSet survey of 31 analysts.
In the same period a year ago, the company posted profit of 79 cents per share on revenue of $ 7.1 billion. He reported a net profit of $ 802.9 million.
The company offered advice of $ 0.50 to 0.55 per share on October 30. Shares have risen 20.3% since then.
In the next quarter, analysts are forecasting net income of $ 704.2 million, or 59 cents per share, on revenue of $ 6.7 billion.
For the year, analysts predict revenue of $ 28.5 billion.
Starbucks is a stake in Jim Cramer Action Alerts PLUS Members Club.
Apple
Apple Inc. (AAPL) – Get the report is expected to report adjusted net income of $ 24.5 billion, or $ 1.41 per share, on sales of $ 102.8 billion after market close on Wednesday, based on a FactSet survey of 34 analysts.
In the same period a year ago, the company posted earnings of $ 1.25 per share on sales of $ 91.8 billion. He reported a net profit of $ 13.7 billion.
The stock has risen 18.7% since its last earnings release on Oct. 29.
In the next quarter, analysts are forecasting adjusted net income of $ 15 billion, or 90 cents per share, on sales of $ 73.6 billion.
For the year, analysts predict revenue of $ 318.7 billion.
Apple is a stake in Jim Cramer Action Alerts PLUS Members Club.
You’re here
Tesla Inc (TSLA) – Get the report is expected to report net income of $ 1 billion, or $ 1.04 per share, on sales of $ 10.5 billion after market close on Wednesday, based on a FactSet survey of 22 analysts.
In the same period a year ago, the company posted earnings of 42.8 cents per share on revenue of $ 7.4 billion. He reported a net profit of $ 143 million.
The stock has risen 99.9% since its last earnings release on October 21.
In the next quarter, analysts are forecasting net income of $ 939.8 million, or 75 cents per share, on sales of $ 10.3 billion.
For the year, analysts are forecasting revenue of $ 31.1 billion.
Facebook, Inc. (FB) – Get the report is expected to post adjusted net income of $ 9.6 billion, or $ 3.18 per share, on sales of $ 26.3 billion after market close on Wednesday, based on a FactSet survey of 43 analysts.
In the same period a year ago, the company posted earnings of $ 2.56 per share on sales of $ 21.1 billion. He reported a net profit of $ 6.1 billion.
The stock has fallen 2.8% since its last earnings release on Oct. 29.
In the next quarter, analysts forecast adjusted net income of $ 6.4 billion, or $ 2.10 per share, on revenue of $ 22.4 billion.
For the year, analysts predict revenue of $ 84.2 billion.
Facebook is a stake in Jim Cramer Action Alerts PLUS Members Club.
[ad_2]
Source link