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Earnings Reports for the Week of Dec. 10-14 (ADBE, COST, VRA)

Kyle Woodley, Senior Investing Editor, Kiplinger.com

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: Ascena Retail Group (ASNA), Casey's General Stores (CASY), Investors Real Estate Trust (IRET), Stitch Fix (SFIX)

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Noteworthy Earnings Reports: American Eagle Outfitters (AEO), Dave & Buster's Entertainment (PLAY), DSW Inc. (DSW), Francesca's Holdings (FRAN)


Earnings Spotlight: Vera Bradley (VRA, $10.22) - In September, Vera Bradley looked to be on pace for a bumper 2018, with shares at nearly 30% year-to-date gains following a big post-earnings rally. Fast-forward to today, and VRA shares are staring at nearly 20% declines for the year, largely on the back of the broader-market decline. Wall Street's analyst community has sat quietly on the fence for some time, with few updates on the stock and all six analysts currently covering Vera Bradley calling it a hold. The company will have a limbo-level bar to clear before the Dec. 12 open. Analysts expect a 10.9% decline in revenues to $101.68 million, cutting earnings to 16 cents per share from 23 cents in the year-ago period.

Other Noteworthy Reports: Peak Resorts (SKIS), Tailored Brands (TLRD)

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Earnings Spotlight: Adobe (ADBE, $238.00) - Photoshop and Acrobat maker Adobe has been among the most resilient tech stocks in a difficult 2018, delivering 30%-plus returns amid a small loss for the Standard & Poor's 500-stock index. Three earnings beats have helped. So did a "Buy" rating from Nomura, which started coverage on the stock in November. Nomura's Christopher Eberle says Adobe is "a true content creation and global collaboration platform leveraging its massive sprawl of customer behavioral data to drive its best-in-class operating model." Adobe is expected to report its fiscal fourth-quarter earnings following the Dec. 13 close, and analysts expect a big quarter. Revenues should come in 21% higher to $2.43 billion, while profits should jump 50% to $1.89 per share.

Earnings Spotlight: Costco Wholesale (COST, $224.86) - Costco, with 20% gains year-to-date, has held strong too, including recording smaller losses than the S&P 500 over the past three months. But analysts are becoming increasingly less enamored with the bulk retailer, which has been downgraded several times during the same time period. The latest blast came from Citigroup, which took COST from "Buy" to "Neutral" while warning that "challenging comps in the coming months at a time when food deflation is coming into play." Citigroup's Kate McShane sees profits of $7.72 per share for the current fiscal year - slightly lower than the $7.74 consensus. For the current quarter, Wall Street broadly sees Costco growing sales 9.1% to $34.72 billion, and lifting earnings 11.7% to $1.62 per share.

Other Noteworthy Reports: Ciena (CIEN), Fred's (FRED)


Noteworthy Earnings Reports: N/A

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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Copyright 2018 The Kiplinger Washington Editors