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Earnings Calendar, Week of Dec. 4-8, 2017 (AVGO, LULU, DG)

Kiplinger.com

Below is a weekly earnings calendar of the most important upcoming quarterly reports schedule to be released by publicly traded companies. There are also earnings previews for select companies. Please check back often. This earnings calendar is updated weekly.

EARNINGS CALENDAR HIGHLIGHTS

MONDAY

Noteworthy Earnings Report: Ascena Retail Group (ASNA), GW Pharmaceuticals (GWPH)

TUESDAY

Noteworthy Earnings Reports: AeroVironment (AVAV), AutoZone (AZO), Bank of Montreal (BMO), Dave & Buster's Entertainment (PLAY), Francesca's (FRAN), RH (RH), Toll Brothers (TOL)

See also: 50 Dividend Stocks You Can Count On in 2018

WEDNESDAY

Earnings Spotlight: Broadcom (AVGO) - Most headlines featuring Broadcom for the past month have circled around the semiconductor company's unsolicited $103 billion bid for rival Qualcomm. The mobile communications technology specialist rebuffed Broadcom's advances in mid-November, so the latter is now considering a hostile route, reportedly "going after the entire board" by nominating directors ahead of a Dec. 8 deadline. However, Wall Street also could get some fireworks from Broadcom after the closing bell Dec. 6, when the company reports earnings for its fiscal fourth quarter and year ended Oct. 29. Analysts expect a 30% year-over-year jump in quarterly profits to $4.51 per share, fueled by a 16.3% improvement in revenues to $4.82 billion. Any upside surprise could help continue a 57% year-to-date rally in AVGO shares.

Earnings Spotlight: Lululemon (LULU) - "Athleisure" specialist Lululemon has inched ahead by just 3% this year, but it has hardly been in a straight line. The company plunged 23% in late March after warning Wall Street of a "slow start to 2017," but has been on the road to recovery ever since. That effort could get some help after Wednesday's closing bell, when Lululemon reports its results for its fiscal third quarter ended Oct. 29. Analysts are looking for a 12% bump in sales to $609.5 million, filtering down to a 10.6% rise in profits to 52 cents per share. Aside from its dark forecast in March, worries about competition from Amazon have weighed on shares, but in an October upgrade note, Citi analyst Paul Lejuez deemed those concerns overblown and called Lululemon "one of the best performing brands (and long term growth stories) in all of retail."

Other Noteworthy Reports: Brown-Forman (BF.B), H&R Block (HRB), Vera Bradley (VRA), Verint Systems (VRNT)

THURSDAY

Earnings Spotlight: Dollar General (DG) - Dollar General has been a beacon of hope amid a lousy year for the broader retail industry. The dollar store's shares have gained nearly 20% in value, and could get even more of a boost on Dec. 7. That morning, DG will provide a release of its financial results for its fiscal third quarter ended Nov. 3, and Deutsche Bank's Paul Trussell believes it will be a cheery report. The analyst upgraded Dollar General from "Hold" to "Buy" on Nov. 16, hiking his price target from $79 to $93 on the belief that the company will report record same-store sales growth of at least 3%. He also thinks Dollar General will adjust its full-year profit forecast higher. For the record, Wall Street's pros expect a 9% revenue increase to $5.8 billion for the quarter, powering a 5.6% climb in earnings to 94 cents per share.

Other Noteworthy Reports: American Outdoor Brands (AOBC), Toro (TTC), Vail Resorts (MTN)

See also: The 30 Greatest Stocks of All Time

FRIDAY

Noteworthy Earnings Report: None

Reporting schedules provided by MarketWatch and company websites. Earnings estimate data provided by Thomson Reuters via Yahoo! Finance, and FactSet via MarketWatch.

EDITOR'S PICKS

Copyright 2017 The Kiplinger Washington Editors

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