Next week could be a tough one for some companies slated to report earnings. A slew of retailers are scheduled to post their latest quarterly results, including Walmart and Target. Those reports will give investors clues on the health of the U.S. consumer, especially as the economy tries to avoid entering a recession. Thus far, the earnings season has been stronger than expected.
Pro used FactSet data to screen for companies set to report quarterly results next week that meet the following criteria: Member of the S & P 500 Analyst estimates have been downwardly revised by at least 0.5% over the past three months Estée Lauder has fallen victim to the largest analyst markdown on the list, with average earnings per share estimates falling more than 182% over the past three months. The consensus among analysts calls for a loss of 4 cents per share.