Stock Region Earnings Calendar
Stock Region Earnings Radar: The Week Ahead (July 6 - July 10)
Stock Region Earnings Radar: The Week Ahead (July 6 - July 10)
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Disclaimer: The information provided in this newsletter is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Stock Region and its authors are not registered financial advisors. Always conduct your own due diligence or consult with a licensed financial professional before making any investment decisions. Investing in the stock market carries inherent risks, and past performance is not indicative of future results.
Welcome back to the Stock Region Earnings Radar! As we head into the second week of July, the market is bracing for a mix of quiet trading sessions followed by major consumer and travel bellwethers. While Monday and Tuesday offer a chance to catch your breath, the back half of the week is packed with vital insights into retail resilience, consumer snacking habits, and international travel demand.
Here is your bulletin breakdown of everything you need to watch this week.
Monday & Tuesday: The Calm Before the Storm
The week kicks off with a completely empty slate on Monday, July 6. The quiet period extends through Tuesday morning before the first noteworthy reports finally roll in after the closing bell.
Tuesday After-Hours
Enerpac Tool Group ($EPAC): Estimated EPS of $0.50
Penguin Solutions ($PENG): Estimated EPS of $0.54
Wednesday: Retail and Infrastructure Check-In
Wednesday gives us our first real look at consumer spending with a notable pre-market report, followed by a much busier after-hours session.
Before the Open
Helen of Troy ($HELE): Estimated EPS of $0.01
After the Close
AZZ ($AZZ): Estimated EPS of $1.69
PriceSmart ($PSMT): Estimated EPS of $1.32
Levi Strauss ($LEVI): Estimated EPS of $0.24
Thursday: The PepsiCo Spotlight
Thursday brings the biggest heavyweight of the week to the main stage, alongside a few other notable consumer brands.
Before the Open
PepsiCo ($PEP): The snacks and beverage giant is the main event.
The Consensus: Wall Street is looking for earnings of $2.21 per share (up 4.2% YoY) on $24 billion in revenue (up 5.7% YoY).
The Bear Case: Investors should tread carefully. BofA Securities analyst Peter Galbo is forecasting a slight miss at $2.18 per share. Galbo notes that despite targeted price cuts and innovation, scanner data suggests the PepsiCo Foods North America (PFNA) segment has not yet shown the desired acceleration in consumption.
The Bull Case: International organic sales are expected to post a healthy 5.4% growth.
Simply Good Foods ($SMPL): Estimated EPS of $0.35
After the Close
WD-40 ($WDFC): Estimated EPS of $1.56
Friday: Delta Clears for Takeoff
We close out the week with a major barometer for the health of the commercial travel industry.
Before the Open
Delta Air Lines ($DAL): Delta is preparing to drop its Q2 results before the opening bell.
The Consensus: Wall Street expects an EPS of $1.47 (down 30% YoY) on strong revenue of $18.9 billion (up 13.2% YoY).
The Analyst Take: Argus Research analyst John Staszak remains highly bullish and is expecting an earnings beat. He points to Delta’s status as the industry leader among network carriers, heavily supported by its robust international travel network, lucrative loyalty program, and a persistent secular boom in premium travel demand.
That wraps up this week’s Stock Region Earnings Radar! While the week starts off slow, Thursday and Friday will be critical for gauging how the everyday consumer is holding up against inflation. PepsiCo will tell us if shoppers are pulling back on grocery staples, while Delta will reveal if the post-pandemic travel boom still has runway left.
Stay nimble, manage your risk, and we will see you in the markets!
Disclaimer: The information provided in this newsletter is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Stock Region and its authors are not registered financial advisors. Always conduct your own due diligence or consult with a licensed financial professional before making any investment decisions. Investing in the stock market carries inherent risks, and past performance is not indicative of future results.