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Earnings Reports for the Week of March 25-29 (CRON, LULU, OLLI)

Check out our weekly earnings calendar and read the latest quarterly earnings previews.

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Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

Earnings Calendar Highlights


Noteworthy Earnings Reports: Red Hat (RHT), Winnebago Industries (WGO)

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Earnings Spotlight: Cronos Group (CRON, $20.54) – Cannabis production and distribution company Cronos Group has seen its shares nearly double already in 2019, though all of that came in January – the stock has essentially traded flat for the past two months. A lot of that January performance came after the decision by Marlboro maker Altria Group (MO) to take a $1.8 billion, 45% stake in the company. Cronos is expected to report its results March 26 before the market opens. While profits are expected to slide back from a 1-cent (Canadian) loss in the year-ago quarter to a 2-cent loss, that should come on a 460% explosion in revenues to C$8.95 million. BMO Capital Markets analyst Tamy Chen thinks the stock is wildly overvalued, however, saying March 12 that the company’s 85x multiple to EBITDA (earnings before interest, taxes, depreciation and amortization) is pricier than competitors Tilray (TLRY) and Aurora Cannabis (ACB), and downgraded the stock to “Underperform” (equivalent of “Sell”).

Earnings Spotlight: Ollie’s Bargain Outlet Holdings (OLLI, $80.70) – Ollie’s, which we highlighted as one of the 19 best stocks to buy for 2019, is holding up its end of the bargain with 21% gains through most of the first quarter. The company reports its quarterly earnings after the March 26 market close, and analysts are expecting 11.3% revenue growth to $396.97 million filtering down to a 35.3% jump in profits to 69 cents per share. The company in December reported its 18th consecutive quarter of same-store sales growth and surpassed the 300-store mark after opening 37 stores in 2018. It should be able to support up to 600 stores, however, thanks to a $50 million investment in its third distribution center.

Other Noteworthy Reports: Carnival Corp. (CCL), FactSet Research Systems (FDS), HIS Markit (INFO), KB Home (KBH), McCormick & Co. (MKC), Vale S.A. (VALE)

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Earnings Spotlight: Lululemon Athletica (LULU, $148.91) – Like the other stocks on this list, Lululemon has had a fine year, up 22% year-to-date. Also like the other stocks on this list, analysts are expecting big things out of the “athleisure” company when it reports after the March 27 closing bell. Wall Street is looking for a 23.8% improvement in revenues to $1.15 billion, sparking a 30.8% pop in profits to $1.74 per share. The value might be getting too rich, however, according to Nomura/Instinet analyst Simeon Siegel. He downgraded LULU from “Buy” to “Neutral,” saying that while he expects Lululemon’s comparable-store sales growth to keep leading the way, “we believe a guidance raise above the $4bn global revenue target is baked in” to the stock’s value.

Other Noteworthy Reports: China Life Insurance (LFC), Five Below (FIVE), Lennar (LEN), Paychex (PAYX), PVH Corp. (PVH), Vrint Systems (VRNT)


Noteworthy Earnings Reports: Accenture (ACN), Qiwi PLC (QIWI)


Noteworthy Earnings Reports: BlackBerry (BB), CarMax (KMX)

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

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