Next week will see earnings reports from a hard-hit cruise operator, a hotel operator and a networking giant, among others.<\/p>\n
Royal Caribbean Cruises Ltd. (RCL) - Get Report is expected to report a loss of $988.5 million, or $4.82 a share, on sales of $47.4 million before the market opens on Monday, based on a FactSet survey of 12 analysts.<\/p>\n
In the same period a year ago, the company posted earnings of $2.54 a share on sales of $2.8 billion. It reported net income of $249.7 million.<\/p>\n
The stock has risen 25.5% since the company last reported earnings on May 20.<\/p>\n
In the upcoming quarter, analysts are forecasting a loss of $931.2 million, or $4.65 a share, on sales of $212.5 million.<\/p>\n
For the year, analysts project revenue of $3 billion.<\/p>\n
Marriott International, Inc. (MAR) - Get Report is expected to report a loss of $136.3 million, or 41 cents a share, on sales of $1.7 billion after the market closes on Monday, based on a FactSet survey of 23 analysts.<\/p>\n
In the same period a year ago, the company posted earnings of $1.56 a share on sales of $5.3 billion. It reported net income of $375 million.<\/p>\n
The stock has risen 9.8% since the company last reported earnings on May 11.<\/p>\n
In the upcoming quarter, analysts are forecasting adjusted net income of $35.5 million, or 15 cents a share, on sales of $2.6 billion.<\/p>\n
For the year, analysts project revenue of $12.2 billion.<\/p>\n
Occidental Petroleum Corporation (OXY) - Get Report is expected to report a loss of $1.52 billion, or $1.68 a share, on sales of $3.9 billion after the market closes on Monday, based on a FactSet survey of 23 analysts. <\/p>\n
In the same period a year ago, the company posted earnings of 97 cents a share on sales of $4.4 billion. It reported net income of $628 million.<\/p>\n
The stock has risen 0.9% since the company last reported earnings on May 5.<\/p>\n
In the upcoming quarter, analysts are forecasting a loss of $726.3 million, or 75 cents a share, on sales of $4.6 billion.<\/p>\n
For the year, analysts project revenue of $19.2 billion.<\/p>\n
Cisco Systems, Inc. (CSCO) - Get Report is expected to report net income of $3.1 billion, or 74 cents a share, on sales of $12.1 billion after the market closes on Wednesday, based on a FactSet survey of 25 analysts.<\/p>\n
In the same period a year ago, the company posted earnings of 83 cents a share on sales of $13.4 billion. It reported net income of $3 billion.<\/p>\n
The company offered guidance of 72 to 74 cents a share on May 14, a day after its last financial report. Shares have risen 8.9% since then.<\/p>\n
In the upcoming quarter, analysts are forecasting net income of $3.2 billion, or 75 cents a share, on sales of $12.2 billion.<\/p>\n
For the year, analysts project revenue of $49.2 billion.<\/p>\n
Applied Materials, Inc. (AMAT) - Get Reportis expected to report net income of $881.3 million, or 95 cents a share, on sales of $4.2 billion after the market closes on Thursday, based on a FactSet survey of 23 analysts.<\/p>\n
In the same period a year ago, the company posted earnings of 74 cents a share on sales of $3.6 billion. It reported net income of $666 million.<\/p>\n
The stock has risen 16.9% since the company last reported earnings on May 14.<\/p>\n
In the upcoming quarter, analysts are forecasting net income of $942.7 million, or $1.02 a share, on sales of $4.4 billion.<\/p>\n
For the year, analysts project revenue of $16.6 billion.<\/p>\n
Applied Materials is currently trading at a price-to-forward-earnings ratio of 15.3 based on the 12-month estimates of 25 analysts surveyed by FactSet.<\/p>\n
Read what Jim Cramer is telling his investment club members about earnings season at Action Alerts PLUS.<\/p>\n
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Originally posted here: <\/p>\n
Royal Caribbean, Marriott and Cisco Earnings on Tap in Week Ahead - TheStreet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Next week will see earnings reports from a hard-hit cruise operator, a hotel operator and a networking giant, among others. Royal Caribbean Cruises Ltd. Continue reading