In June 2017, Hewlett Packard Enterprise (HPE) announced its partnership with R3. The two firms aim to bring the Corda DLT (Distributed Ledger Technology) platform (also known as blockchain technology) to HPE’s Mission Critical systems.
Hewlett Packard Enterprise (HPE), a US (SPY) hardware technology (QQQ) company, is scheduled to announce its fiscal 3Q17 earnings on September 5.
Wall Street forecasts Kroger’s (KR) second-quarter earnings to fall 17% YoY (year-over-year). Diluted adjusted earnings per share are projected to land at 39 cents.
As we’ve discussed, Kroger (KR) will be reporting second-quarter results on September 8. The company is expected to grow revenues by 3.5% YoY (year-over-year) to $27.5 billion.
The Cincinnati-based Kroger (KR) is slated to report its second-quarter 2018 results at 10:00 AM EDT on September 8, 2017.
Of the five analysts covering Frontline (FRO), none of the analysts recommend a “strong buy,” while one analyst recommends a “buy.”
Wall Street analysts expect a 45% YoY (year-over-year) fall in Frontline’s (FRO) 2Q17 revenues.
Wall Street analysts estimate net revenue of $104.3 million for Frontline (FRO) in 2Q17. This compares to $177 million in 1Q17.
In 1Q17, Frontline (FRO) achieved net income of $27 million or $0.16 per share. The company had declared a cash dividend of $0.15 per share in 1Q17.
As of August 23, eight out of 26 analysts rated Best Buy stock as a “buy,” 16 analysts rated it as a “hold,” and two analysts rated it as a “sell.”
For fiscal 2Q18, which ended on July 29, 2017, analysts expect Best Buy to have adjusted EPS of $0.63, which implies YoY (year-over-year) growth of ~10.5%.
For fiscal 2Q18, which ended on July 29, 2017, analysts expect Best Buy’s revenue to come in at $8.7 billion, which indicates 1.5% growth on a YoY basis.
Consumer electronics retailer Best Buy (BBY) is scheduled to report its fiscal 2Q18 results on August 29. Fiscal 2Q18 ended on July 29, 2017.
Twitter (TWTR) closed 2Q17 with long-term debt of $1.7 billion. Its long-term debt rose from ~$1.6 billion in 1Q17 and from ~$1.5 billion in 2Q16.
Analysts’ expectations for 2Q17 are in line with management’s expectations. Analysts expect Lululemon’s top line to expand 10.3% to $567.5 million.
Lululemon Athletica (LULU), which will be reporting its 2Q17 results on August 31, is expected to post EPS of $0.35 or ~7.9% YoY (year-over-year).
Lululemon is trading at $60.34, which is ~36% below its 52-week high price. Analysts expect its target price to rise ~3% to $61.97 over the next 12 months.
Wall Street analysts expect a 7.9% YoY (year-over-year) fall in Lululemon’s 2Q17 earnings to $1.01 per share on total sales of $567 million.
Campbell’s fiscal 4Q17 gross margin is likely to benefit from supply chain efficiencies, increased cost savings, and higher net price realization.
Analysts expect Campbell Soup (CPB) to report sales of $1.7 billion in fiscal 4Q17, which would be roughly flat next to fiscal 4Q16.