Highlights on the earnings front this week will include the reports from Nike (NYSE: NKE) and blackberry (NYSE: BBRY). Analysts are looking for solid year-over-year revenue growth from both, as well as earnings growth from the former and a narrowed net loss from the latter.

Others on deck to share quarterly results this week include Bed Bath & Beyond (NASDAQ: BBBY), Carnival (NYSE: CCL), Discover Financial Services (NYSE: DFS) and Jabil Circuit (NYSE: JBL). Here is a day-by-day rundown of analysts' expectations for some the week's most prominent quarterly reports.

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Monday

Monday after the closing bell comes the fiscal second-quarter report from software company Red Hat (NYSE: RHT). Analysts are looking for revenue and earnings per share (EPS) that rose more than 15 percent from a year ago to $372.07 million and $0.33 per share, respectively.

Also, coffee producer Farmer Brothers (NASDAQ: FARM) is expected to have swung to a profit from a net loss in the same period of last year.

Tuesday

Home builders KB Home (NYSE: KBH) and Lennar (NYSE: LEN) step into the earnings spotlight Tuesday morning. The third-quarter earnings forecast for the former calls for $0.21 per share on revenue on $569.30 million, which would be up from $0.04 per share and $424.50 million in the year-ago period.

Analysts believe that competitor Lennar will say that its per-share earnings came to $0.45, on $1.55 billion in revenue. That would compare to $0.40 per share and $1.10 billion in the same period of last year. Both Lennar and KB Home have handily beat EPS expectations in recent quarters.

Also schedule to report Tuesday morning is cruise operator Carnival (NYSE: CCL). The forecast calls for EPS to have fallen about 15 percent from a year ago to $1.30, while revenue was essentially flat, or $4.65 billion. Note that Carnival beat consensus EPS estimates by 50 percent in the previous period.

CarMax (NYSE: KMX) is also expected to report earnings growth, while Tech Data (NASDAQ: TECD) is expected to show an earnings decline, relative to a year ago.

Wednesday

Wednesday's highlights will include reports from specialty retailers AutoZone (NYSE: AZO) and Bed Bath & Beyond (NASDAQ: BBBY). They are projected to report per-share earnings of $10.37 and $1.15, respectively. That would be up more than 18 percent for the former and more than 14 percent for the latter.

Revenue for the auto parts purveyor is expected to have grown almost 12 percent year-over-year to $3.09 billion, while that of the operator of home furnishings stores is more than eight percent higher to $2.81 billion. Look for AutoZone's report before the markets open and Bed Bath & Beyond's later in the day.

Also after the closing bell, electronic component maker Jabil Circuit (NYSE: JBL) is expected to say that its EPS came to $0.54 in the second quarter, while revenue totaled $4.52 billion. That compares to $0.54 per share and $4.34 billion in the same period of last year.

Analysts are looking for annual earnings growth from RV maker Thor Industries (NYSE: THO), business services company Synnex (NYSE: SNX) and metals manufacturer Worthington Industries (NYSE: WOR).

But News Corp. (NASDAQ: NWSA) is expected to say that its EPS were lower than in the previous quarter.

Thursday

Nike (NYSE: NKE) is scheduled to step onto the earnings stage late Thursday. Analysts are looking for fiscal first-quarter revenue that rose more than seven percent to $6.97 billion, as well as EPS that rose more than 18 percent from a year ago to $0.78 per share. Nike topped EPS expectations in recent quarters.

Earlier in the day, Discover Financial Services (NYSE: DFS) is expected to say that earnings came to $1.19 in its third quarter, while revenue totaled $2.07 billion. That would be a marginal retreat in EPS and revenue about the same as a year ago. Note that this report date is unconfirmed.

The day's other anticipated earnings gainers include Irish IT company Accenture (NYSE: ACN). But analysts predict that spice maker McCormick & Co. (NYSE: MKC) will say that its EPS were about the same as a year ago.

Friday

BlackBerry (NASDAQ: BBRY) is scheduled to share its results at the end of the week. Analysts are looking for a net loss of $0.16 per share, though the consensus estimate was for a loss of $0.13 some 60 days ago. Revenue is expected to have grown more than six percent year-over-year to $3.06 billion.

The forecast for Vail Resorts (NYSE: MTN) calls for a wider net loss and modest revenue growth in the most recent quarter.

See also: BlackBerry Releases Dismal Preliminary Q2 Results

Posted-In: accenture AutoZone Bed Bath & Beyond Blackberry Carmax carnival discover financial services Farmer Brothers Jabil Circuit KB Home lennar McCormick & Co. News Corp. Nike Red Hat synnex Tech Data Thor Industries vail resorts Worthington IndustriesEarnings News Previews Trading Ideas Best of Benzinga


Source: Benzinga

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