As earnings season comes to an end, 13 members of the S&P 500 are expected to report quarterly earnings over the next four weeks, including Oracle Corp. and Adobe Inc., according to S&P Global Market Intelligence data.
Oracle is expected to report $1.38 in quarterly EPS today, a 10.6% decrease year over year. Meanwhile, analysts expect the company to report a 3.8% increase in revenue year over year.
On Thursday, analysts expect Adobe to report $3.31 in quarterly EPS, a 9.1% increase from the year-ago period.
Week of June 20: 6 companies to reportLennar Corp. is expected to report $3.99 in quarterly EPS, a 35.4% increase over the same period a year earlier.
Analysts expect FedEx Corp. to report a 37.0% year-over-year increase in quarterly EPS and expect CarMax Inc. to report a 39.5% year-over-year decrease.
Week of June 27: 5 companies to reportShoe manufacturer Nike Inc. is expected to report a 9.0% year-over-year decrease in quarterly EPS, while analysts expect EPS at General Mills Inc. to increase by 10.4% year over year.
Week of July 4: No companies expected to report
Sector outlook
Eight of the 11 sectors in the S&P 500 posted year-over-year EPS gains for the calendar first-quarter 2022 earnings season.
Recent notable earnings
On May 31, HP Inc. reported $1.08 in quarterly normalized EPS, beating the consensus estimate by 3 cents.
On May 25, NVIDIA Corp. reported that its normalized quarterly EPS increased to $1.36, beating the consensus estimate by 7 cents per share.
