Earnings Season Heats Up: Key Reports from Oracle, Adobe, and More This Week
Samuel Brooks
As we dive deeper into December, investors are closely monitoring upcoming earnings reports to gauge corporate performance and make informed decisions. This week, notable companies from various sectors will be sharing their financial results, which could have significant implications for their stock prices.
Earnings Calendar:
| Date | Day | Company | Ticker | Earnings Time | Exchange | Market Cap (B) | Consensus EPS | Ending Fiscal Quarter |
| December 9 | Monday | Oracle | ORCL | AMC | NYSE | 521.486 | 1.48 | Dec, 2024 |
| MongoDB Inc | MDB | AMC | NASDAQ | 25.212 | 0.68 | Oct, 2024 | ||
| Toll Brothers Inc | TOL | AMC | NYSE | 15.745 | 4.34 | Oct, 2024 | ||
| Caseys General Stores | CASY | AMC | NASDAQ | 15.432 | 4.29 | Oct, 2024 | ||
| December 11 | Wednesday | Adobe Systems | ADBE | AMC | NASDAQ | 236.163 | 4.66 | Nov, 2024 |
| December 12 | Thursday | Broadcom | AVGO | AMC | NASDAQ | 796.614 | 1.38 | Nov, 2024 |
| Costco | COST | AMC | NASDAQ | 439.051 | 3.79 | Dec, 2024 | ||
| Lennar Corp | LEN-B | BMO | NYSE | 45.145 | 4.20 | Nov, 2024 | ||
| Lennar Corporation | LEN | AMC | NYSE | 45.116 | 4.18 | Dec, 2024 | ||
| Jabil Circuit, Inc | JBL | BMO | NYSE | 15.396 | 1.88 | Nov, 2024 |
Highlights:
GameStop's earnings on Tuesday are in the spotlight following a boost in its stock price last week. The company, known for its video game retailing, reported an unexpected profit last time despite lower sales.
On Monday, Oracle is set to share its earnings. Analysts are positive about the company's potential growth in cloud computing. Semiconductor company Broadcom will announce its earnings on Thursday. Its last report showed a loss, attributed to its 2023 acquisition of VMware.
This week, Adobe will also release its earnings report. After a disappointing revenue forecast, investors are eager to see how the company will leverage advancements in artificial intelligence.
Lastly, Costco will report its earnings, following a period of slower sales growth. The company expects subdued holiday sales this year due to the late Thanksgiving holiday.
About The Author
Samuel Brooks
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