August 17, 2022 Pre-Market Earnings Report: LOW, ADI, TGT, TJX, PFGC, ZIM, DNUT, SFL, RADA, MCG, KMDA


JThe following companies are expected to report earnings before the market opens on 08/17/2022. See our results calendar for a full list of expected results releases.

Lowe’s Companies, Inc. (LOW) reports for the quarter ending July 31, 2022. The construction company’s consensus earnings-per-share forecast from 13 analysts who track the stock is $4.63. This value represents an increase of 8.94% compared to the same quarter last year. Over the past year, LOW has exceeded expectations every quarter. The highest was in the 2nd calendar quarter where they beat consensus by 8.33%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for LOW is 15.51 versus an industry ratio of 13.70, implying that they will have higher earnings growth than their competitors in the same industry.

Analog Devices, Inc. (ADI) releases a report for the quarter ending July 31, 2022. The consensus earnings-per-share forecast for the semiconductor company from 11 analysts who track the stock is $2.43. This value represents an increase of 41.28% compared to the same quarter last year. Over the past year, ADI has exceeded expectations every quarter. The highest was in the 2nd calendar quarter where they beat consensus by 13.21%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for ADI is 19.49 versus an industry ratio of 27.70.

Target company (TGT) reports for the quarter ending July 31, 2022. The discount retail company’s consensus earnings per share forecast from 13 analysts who track the stock is $0.71. This value represents a decrease of 80.49% compared to the same quarter last year. TGT missed consensus Q2 calendar 2022 earnings per share by -27%. Zacks Investment Research reports that the 2023 P/E ratio for TGT is 20.57 versus an industry ratio of 21.60.

TJX Companies, Inc. (TJX) releases a report for the quarter ending July 31, 2022. The discount retail company’s consensus earnings per share forecast from the 6 analysts who track the stock is $0.68. This value represents a decrease of 13.92% compared to the same quarter last year. TJX missed consensus earnings per share in the 1st calendar quarter of 2022 by -13.33%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for TJX is 20.95 versus an industry ratio of 21.60.

Performance Food Group Company (PFGC) reports for the quarter ending June 30, 2022. The wholesale food company’s consensus earnings-per-share forecast from the 6 analysts who track the stock is $1.04. This value represents an increase of 85.71% compared to the same quarter last year. Over the past year, PFGC has met analysts’ expectations once and exceeded them the other three quarters. Zacks Investment Research reports that the 2022 price-to-earnings ratio for PFGC is 20.66 versus an industry ratio of 14.90, implying that they will have higher earnings growth than their competitors in the same industry.

ZIM Integrated Shipping Services Ltd. (ZIM) reports for the quarter ending June 30, 2022. The shipping company’s consensus earnings-per-share forecast from the top analyst tracking the stock is $12.16. This value represents an increase of 64.77% compared to the same quarter last year. Over the past year, ZIM has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 12.17%. Zacks Investment Research reports that the 2022 P/E ratio for ZIM is 1.22 versus an industry ratio of 13.80.

Krispy Kreme, Inc. (DNUT) reports for the quarter ending June 30, 2022. The consumer company’s consensus earnings-per-share forecast from the 4 analysts who track the stock is $0.06. This value represents a decrease of 25.00% compared to the same quarter last year. DNUT missed consensus earnings per share in the 4th calendar quarter of 2021 by -16.67%. The “days to cover” for this stock exceeds 25 days. Zacks Investment Research reports that the 2022 price-to-earnings ratio for DNUT is 50.52 versus an industry ratio of 6.50, implying that they will have higher earnings growth than their competitors in the same industry.

SFL Corporation SA (SFL) reports for the quarter ending June 30, 2022. The shipping company’s consensus earnings-per-share forecast from the top analyst tracking the stock is $0.18. This value represents an increase of 12.50% compared to the same quarter last year. SFL missed consensus Q2 calendar 2021 earnings per share by -20%. Zacks Investment Research reports that the 2022 P/E ratio for SFL is 12.85 versus an industry ratio of 13.80.

RADA Electronic Industries Ltd. (RADA) reports for the quarter ending June 30, 2022. The aerospace and defense company’s consensus earnings per share forecast from the top analyst tracking the stock is -$0.02. This value represents a decrease of 110.00% compared to the same quarter last year. Over the past two quarters, RADA has had negative earnings surprises; the last report they missed by -108.33%. Days to cover, as reported in the brief interest update on 07/29/2022, increased by 130.07% compared to the previous report on 07/15/2022. Zacks Investment Research reports that the 2022 price-to-earnings ratio for RADA is 41.48 versus an industry ratio of 26.90, implying that they will have higher earnings growth than their competitors in the same industry.

Membership Collective Group Inc. (MCG) reports for the quarter ending June 30, 2022. The internet services company’s consensus earnings-per-share forecast from the top analyst tracking the stock is -$0.18. This value represents an increase of 35.71% compared to the same quarter last year. Zacks Investment Research reports that the 2022 P/E ratio for MCG is -13.81 versus an industry ratio of 41.40.

Kamada Ltd. (KMDA) reports for the quarter ending June 30, 2022. The consensus earnings per share forecast for the biomedical company (gene) from the top analyst tracking the stock is -$0.02. This value represents a decrease of 200.00% compared to the same quarter last year. Zacks Investment Research reports that the 2022 P/E ratio for KMDA is -77.57 versus an industry ratio of -4.00.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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