Business

August 18, 2022 Pre-Market Earnings Report: EL, NTES, NICE, BJ, TPR, KSS, MSGS, CSIQ, SPTN, CAN, DESP, CALT


The following companies are expected to report earnings before the market opens on 08/18/2022. See our results calendar for a full list of expected results releases.

Estee Lauder Companies, Inc. (EL) reports for the quarter ending June 30, 2022. The cosmetics and toiletries company’s consensus earnings-per-share forecast from the 11 analysts who track the stock is $0.32. This value represents a decrease of 58.97% compared to the same quarter last year. Over the past year, EL has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 14.46%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for EL is 38.78 versus an industry ratio of 27.50, implying that they will have higher earnings growth than their competitors in the same industry.

NetEase, Inc. (NTES) reports for the quarter ending June 30, 2022. The internet software company’s consensus earnings-per-share forecast from the 2 analysts who track the stock is $0.94. This value represents an increase of 16.05% compared to the same quarter last year. Over the past year, NTES has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 7.14%. Zacks Investment Research reports that the 2022 P/E ratio for NTES is 23.59 versus an industry ratio of -12.60, implying that they will have higher earnings growth than their competitors in the same industry.

NICE S.A. (NICE) releases a report for the quarter ending June 30, 2022. The internet software company’s consensus earnings per share forecast from the 2 analysts who track the stock is $1.32. This value represents an increase of 10.00% compared to the same quarter last year. Zacks Investment Research reports that the 2022 P/E ratio for NICE is 41.78 versus an industry ratio of -46.00, implying that they will have higher earnings growth than their competitors in the same industry.

BJ’s Wholesale Club Holdings, Inc. (BJ) reports for the quarter ending July 31, 2022. The business services company’s consensus earnings per share forecast from 8 analysts who track the stock is $0.82. This value represents a no change for the same quarter last year. Over the past year, BJ has exceeded expectations every quarter. The highest was in the 2nd calendar quarter where they beat consensus by 19.18%. Zacks Investment Research reports that the 2023 P/E ratio for BJ is 20.55 versus an industry ratio of -22.70, implying that they will have higher earnings growth than their competitors in the same industry.

Tapestry, Inc. (TPR) reports for the quarter ending June 30, 2022. The retail (shoes) company’s consensus earnings per share forecast from the 6 analysts who track the stock is $0.78. This value represents an increase of 5.41% compared to the same quarter last year. Over the past year, TPR has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 27.5%. Zacks Investment Research reports that the 2022 P/E ratio for TPR is 10.73 versus an industry ratio of 12.00.

Kohl’s Society (KSS) reports for the quarter ending July 31, 2022. The retail company’s consensus earnings-per-share forecast from the 6 analysts who track the stock is $1.08. This value represents a decrease of 56.45% compared to the same quarter last year. KSS missed consensus earnings per share in the 2nd calendar quarter of 2022 by -85.33%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for KSS is 9.00 versus an industry ratio of 7.50, implying that they will have higher earnings growth than their competitors in the same industry.

Madison Square Garden Sports Corp. (MSGS) reports for the quarter ending June 30, 2022. The leisure (recreational) company’s consensus earnings per share forecast from the 2 analysts who track the stock is -$0.31. This value represents a decrease of 115.27% compared to the same quarter last year. MSGS missed consensus earnings per share in the 1st calendar quarter of 2022 by -25.37%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for MSGS is 242.48 versus an industry ratio of 49.30, implying that they will have higher earnings growth than their competitors in the same industry.

Canadian Solar Inc. (CSIQ) reports for the quarter ending June 30, 2022. The solar company’s consensus earnings per share forecast from the 3 analysts who track the stock is $0.70. This value represents an increase of 288.89% compared to the same quarter last year. CSIQ missed consensus earnings per share in the 4th calendar quarter of 2021 by -55.26%. Zacks Investment Research reports that the 2022 P/E ratio for CSIQ is 13.05 versus an industry ratio of 95.80.

SpartanNash Company (SPTN) reports for the quarter ending June 30, 2022. The wholesale food company’s consensus earnings per share forecast from the 3 analysts who track the stock is $0.58. This value represents an increase of 7.41% compared to the same quarter last year. Zacks Investment Research reports that the 2022 price-to-earnings ratio for SPTN is 14.56 versus an industry ratio of 15.00.

Canaan inc. (CAN) reports for the quarter ending June 30, 2022. The computer software company’s consensus earnings per share forecast from the 2 analysts who track the stock is $0.40. This value represents an increase of 166.67% compared to the same quarter last year. Over the past year, CAN has lived up to analysts’ expectations once Zacks Investment Research reported that the 2022 price-earnings ratio for CAN is 3.67 versus an industry ratio of 18.00.

Despegar.com, Corp. (DESP) reports for the quarter ending June 30, 2022. The transportation services company’s consensus earnings per share forecast from the top analyst tracking the stock is -$0.15. This value represents an increase of 53.13% compared to the same quarter last year. The last two quarters, DESP had negative earnings surprises; the last report they missed by -221.43%. Zacks Investment Research reports that the 2022 P/E ratio for DESP is -10.61 versus an industry ratio of 8.20.

Calliditas Therapeutics AB (CALT) reports for the quarter ending June 30, 2022. The pharmaceutical company’s consensus earnings-per-share forecast from the 2 analysts who track the stock is -$0.97. This value represents a decrease of 27.63% compared to the same quarter last year. Zacks Investment Research reports that the 2022 P/E ratio for CALT is -7.67 versus an industry ratio of 3.80.

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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