Key Earnings Reports Unveiling This Week: Insights on Home Depot, Cisco, Walmart, and More

As we approach another busy week in earnings season, investors should keep a close eye on several major companies set to report their quarterly results.

Here’s a concise look at the upcoming earnings announcements, including projected earnings per share (EPS) and market capitalizations.

Insights and Expectations

1. Home Depot (HD): As one of the leading home improvement retailers, it's earnings will be crucial for gauging consumer spending trends in home renovations and improvements. Analysts expect an EPS of $4.56 for the quarter ending July 2024.
2. Cisco (CSCO): With a pivotal role in technology infrastructure, Cisco's performance will be closely monitored for insights into the health of tech spending. The consensus EPS is projected at $0.85.
3. Walmart (WMT): The retail giant is expected to report earnings of $0.65 per share, reflecting on consumer behavior and economic conditions impacting retail sales.
4. Alibaba (BABA): As a key player in the e-commerce space, the expected EPS of $2.20 will reveal how the Chinese market is recovering and its global reach amid economic challenges.
5. Deere & Company (DE): With a significant EPS estimate of $5.85, expect insights into the agriculture and construction sectors, which can be affected by broader economic factors.