Monday

Urban Outfitters

Fashion retailer Urban Outfitters (URBN) is set report after the close on Monday. So far this quarter we’ve seen a strong performance from consumer discretionary earnings. Profits within the sector are up 14.4% year over year, however, the charge has been lead by internet retailers, not clothing sellers.

Contributing analysts on Estimize are expecting Urban Outfitters to report profits of 46 cents per share, down 1 cent from the same quarter of last year but still 4 cents better than Wall Street is looking for.

Even though profits are predicted to drop marginally, the Estimize community is looking for 6.8% revenue growth which is in-line with the past 3 quarters. In August Urban cited strength in its Anthropologie and Free People brands but cautioned on weakness in its flagship Urban Outfitters brand. Gross profits were down in its primary brand due to store occupancy costs and negative same store sales. Urban Outfitters also mentioned that poorly performing product contributed to falling margins, these are concerns to keep an eye on Monday.  

Tuesday

Home Depot

Tuesday morning Home Depot (HD) earnings take center stage. Home Depot is expected to report earnings of $1.15 per share, topping the Street’s view by 2 cents. The home improvement retailer has seen some really solid growth on the bottom line over the past 2 years and is expected to continue growing its profits Tuesday as housing numbers have picked up in recent months.

Contributing analysts on Estimize are looking for 21% earnings growth which is a tick down from the 23% gain reported last quarter. However, a 21% boost to the bottom line would still be the second best quarter recorded over the past 12 months.  

Recent gains on the revenue side have been more modest. In the first two quarters of the year Home Depot reported sales growth of 3% and 6%. This period the Estimize community is looking for a 5% gain.

Wednesday

Salesforce.com

Wednesday afternoon we get 2 big reports from Salesforce.com (CRM) and Keurig Green Mountain (GMCR). Salesforce’s profits have been on a bumpy ride in recent years, but revenue growth has been robust and consistent.

Over the past 2 years total revenue at Salesforce has improved between 28% and 38% each quarter. In both of the previous 2 quarters Salesforce reported 38% growth, a 24 month high.

For Wednesday’s report the Estimize community’s expectations are in-line with Wall Street’s. Analysts on the Street and Estimize are both looking for a 28% increase in revenue, which would would keep the company’s progress on track, but not be reflective of a particularly exciting quarter.

Keurig Green Mountain

Keurig Green Mountain stock has been on fire. Since the start of 2013 shares are up over 270%.

(Graph Above from ChartIQ Visual Earnings)

The company’s fundamentals have a steady track record of improvement, but recent news is really what’s driving the stock. Coke bought a 10% stake in Keurig early in the year and upped its ownership to 16% in May.

In 2015 Keurig will launch a cold carbonated beverage system to allow consumers to make their own soda and Coke products at home. Over at competitor SodaSteam (SODA) that business model hasn’t been working too well, but Coke’s brand power could be a decisive factor in the product category’s success.

On Wednesday analysts on Estimize are predicting that Keurig will smash the Wall Street EPS consensus of 78c by reporting earnings of 86 cents per share.

Earnings of 86 cents per share would be a 3 cent drop in year over year EPS and revenue is expected to increase by less than 1% compared to the same quarter of last year.

Thursday

GameStop

Thursday the video game store GameStop (GME) is set to deliver its third quarter earnings. Due to the increasing amount of video game content being delivered digitally, some traders are betting against the leading specialty retailer within the industry.

The latest generation of consoles which were launched about one year ago, the PS4 and Xbox One, have lots of smaller games that can be purchased digitally and are also offering premium downloadable content to supplement physical game purchases.

Despite the risk of games going completely digital in the future and the entrance of Walmart (WMT) into the used games retail industry, GameStop stock is holding up just fine. Earnings in the past 2 quarters have been better than expected and the company’s fundamentals are showing no signs of falling apart just yet.

This quarter analysts on Estimize are predicting that GameStop will come up slightly short of Wall Street’s expectations. Regardless, the holiday quarter will be more important than Thursday’s report. Next quarter GameStop has a lot riding on the console upgrade cycle and general winter consumer spending. Wall Street is forecasting that the retailer will bring in over $4 billion in sales over the next 3 months.