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Pre-Market Earnings Report for June 23, 2016 : ACN, BBRY, CMC, MEI

The following companies are expected to report earnings prior to market open on 06/23/2016. Visit our Earnings Calendar for a full list of expected earnings releases.

Accenture plc ( ACN ) is reporting for the quarter ending May 31, 2016. The consulting company's consensus earnings per share forecast from the 12 analysts that follow the stock is $1.40. This value represents a 7.69% increase compared to the same quarter last year. ACN missed the consensus earnings per share in the 4th calendar quarter of 2015 by -2.29%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for ACN is 22.45 vs. an industry ratio of 19.90, implying that they will have a higher earnings growth than their competitors in the same industry.

BlackBerry Limited ( BBRY ) is reporting for the quarter ending May 31, 2016. The wireless (non-us) company's consensus earnings per share forecast from the 8 analysts that follow the stock is $-0.10. This value represents a 100.00% decrease compared to the same quarter last year. The "days to cover" for this stock exceeds 17 days. Zacks Investment Research reports that the 2017 Price to Earnings ratio for BBRY is -16.40 vs. an industry ratio of 3.80.

Commercial Metals Company ( CMC ) is reporting for the quarter ending May 31, 2016. The steel company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.27. This value represents a 53.45% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for CMC is 17.61 vs. an industry ratio of 44.90.

Methode Electronics, Inc. ( MEI ) is reporting for the quarter ending April 30, 2016. The electrical connectors company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.53. This value represents a 3.92% increase compared to the same quarter last year. MEI missed the consensus earnings per share in the 2nd calendar quarter of 2015 by -25%. Zacks Investment Research reports that the 2016 Price to Earnings ratio for MEI is 13.42 vs. an industry ratio of 11.60, implying that they will have a higher earnings growth than their competitors in the same industry.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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