Investors can expect a packed Thursday with another slew of big names gearing up to report earnings.
Fast-food chains Domino’s Pizza (DPZ) and Wendy’s (WEN) will release their reports before the opening bell, while tech giants Baidu (BIDU), Dropbox (DBX), Hewlett Packard (HPE) and Roku (ROKU) report after the closing bell.
Competition has stiffened in the fast-food space as most of the main players look to dominate the delivery landscape. Wells Fargo analyst Jon Tower wrote in a February 13 note to clients that some key themes to pay attention to include whether or not Domino’s was able steal market share away from Papa John’s (PZZA) as it continues to grapple with drama, if the company was able to monetize loyalty members and continue global growth.
Domino’s is expected to report earnings of $2.69 per share on $1.10 billion in revenue. Domestic same-store sales are anticipated to have grown 7.3%, while global same-store sales are estimated to have jumped 4.2%.
Meanwhile, backed up durable goods order data and capital goods orders data for December will be released on Thursday. U.S. manufacturing PMI, U.S. services PMI and U.S. composite PMI for February will also be released.
Other notable earnings reports scheduled for Thursday include Hormel Foods (HRL), Newmont Mining (NEM), Norwegian Cruise Line Holdings (NCLH), Sprouts Farmers Market (SFM) before market open; Altice (ATUS), BJ’s Restaurants (BJRI), Caesars Entertainment (CZR), iQIYI (IQ), Kraft Heinz (KHC) after market close.
Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung.
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