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Kiplinger
Kiplinger
Business
Karee Venema

Earnings Calendar and Analysis for This Week (June 22-26)

Calendar with numerous dates marked with pushpins.

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded previews and recaps for select companies that are reporting earnings throughout the week.

Please check back often. This earnings calendar is updated regularly.

(Editor's note: Earnings dates in tables are tentative. However, companies featured in "Earnings Spotlights" have officially announced their earnings dates.)

Earnings calendar highlights

Monday (6/22)

There are no noteworthy earnings reports scheduled for release on Monday, June 22.

Tuesday (6/23)

Noteworthy before-the-open earnings reports

Company

Symbol

Earnings estimate

Korn/Ferry

KFY

$1.38 per share

Noteworthy midday earnings reports

Company

Symbol

Earnings estimate

Carnival

CCL

$0.34 per share

Earnings calendar recap: FedEx

(Image credit: Smith Collection/Gado/Getty Images)

FedEx (FDX) is one of a handful of notable names on a relatively light earnings calendar. The logistics giant reported its fiscal fourth-quarter earnings after Tuesday's close, with earnings rising 4% year over year to $6.31 per share and revenue up 12.6% to $25 billion.

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Analysts expected FedEx to disclose earnings of $5.92 per share on revenue of $24 billion.

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UBS Global Research analyst Thomas Wadewitz calls the print "a bit messy," but notes that a "positive frame is still in place." He notes that it's difficult to analyze FedEx's full-year guidance for earnings of $16.90 to $18.10 per share, given its recent spinoff of FedEx Freight (FDXF) and its shift to a fiscal year that ends on December 31 vs May 31, as it previously did.

Still, Wadewitz believes "a multi-year margin improvement opportunity supports EPS growth and upside potential for FDX stock," which he rates at Buy.

Other noteworthy after-the-close earnings reports

Company

Symbol

Earnings estimate

KB Home

KBH

$0.45 per share

Worthington Enterprises

WOR

1.06

Wednesday (6/24)

Noteworthy before-the-open earnings reports

Company

Symbol

Earnings estimate

Paychex

PAYX

$1.31 per share

Earnings calendar recap: Micron Technology

(Image credit: Kyle Green/Bloomberg via Getty Images)

Micron Technology (MU) is one of the hottest stocks of the year so far as a supply and demand imbalance boosts prices for the memory chips it produces.

Year to date, the semiconductor stock has surged nearly fourfold — and shares shot up nearly 16% after the company reported blowout fiscal third-quarter results after Wednesday's close.

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For the three months ending May 28, Micron said earnings rose to $25.11 per share from $1.91 per share in the year-ago period. Revenue surged nearly 350% to $41.5 billion. Analysts expected earnings of $20.05 per share on $35 billion in revenue.

"Micron's record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era," said Micron CEO Sanjay Mehrotra in the earnings release.

For fiscal Q4, the company guided for earnings of $31 per share at the midpoint and revenue of $50 billion.

"MU delivered another strong quarter, reinforcing our constructive view on memory's role in AI and the increasing supply-side discipline supporting a more durable cycle," says BofA Securities analyst Vivek Arya.

Even with the tech stock up more than fourfold for the year to date, Arya believes its "valuation remains compelling," and raised his price target to $1,550 from $1,500 — representing implied upside of 27% from current levels.

Other noteworthy after-the-close earnings reports

Company

Symbol

Earnings estimate

H.B. Fuller

FUL

$1.38 per share

Jefferies

JEF

1.02

MillerKnoll

MLKN

0.52

Trip.com Group

TCOM

6.05

Worthington Steel

WS

0.73

Thursday (6/25)

Noteworthy before-the-open earnings reports

Company

Symbol

Earnings estimate

Acuity

AYI

$5.15 per share

BlackBerry

BB

0.03

Commercial Metals

CMC

1.72

Darden Restaurants

DRI

3.63

McCormick

MKC

0.7

TD Synnex

SNX

4.12

Winnebago

WGO

0.77

Noteworthy after-the-close earnings reports

Company

Symbol

Earnings estimate

Enerpac Tool Group

EPAC

$0.50 per share

Lindsay Corp

LNN

1.14

Simply Good Foods

SMPL

0.36

Friday (6/26)

Noteworthy before-the-open earnings reports

Company

Symbol

Earnings estimate

Apogee Enterprises

APOG

$0.45 per share

Reporting schedules are provided by Briefing.com and company websites. Earnings estimate data provided by Refinitiv, an LSEG business, via Yahoo! Finance, and S&P Global Market Intelligence via Briefing.com.

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