News Digest / Latest Stock Market News / Earnings Season Heats Up: Key Reports from Oracle, Adobe, and More This Week

Earnings Season Heats Up: Key Reports from Oracle, Adobe, and More This Week

Samuel Brooks
06:31am, Monday, Dec 09, 2024
Photo: envato.com

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.

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