Earnings week ahead: Oracle, Adobe, Broadcom and more
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2024
0mins
Source: SeekingAlpha
- Earnings Calendar Overview:
- Notable companies like Oracle, Adobe, Broadcom, FuelCell Energy, and Signet Jewelers are set to release financial results.
- Results may impact expectations for consumer staples and enterprise software industries.
- Monday, June 10 - FuelCell Energy (FCEL):
- Expected double-digit revenue decline but EPS growth.
- Stock has lost over 40% value in 2024.
- Tuesday, June 11 - Oracle (ORCL):
- Anticipated year-over-year revenue growth with a slight profit decline.
- Seeking Alpha's Quant Rating system cautious, Wall Street analysts recommend Buy.
- Wednesday, June 12 - Broadcom (AVGO):
- Analysts expect over 37% top-line growth.
- Concerns over stretched valuation and slowed momentum.
- Thursday, June 13 - Adobe (ADBE):
- Quarterly revenue guidance between $5.25B to $5.30B with adjusted EPS of $4.35 to $4.40.
- Oppenheimer predicts potential stock reacceleration in the second half of 2024.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
