As the first quarter earnings season draws to a close, there are still a few key companies left to report.
- Lowe’s (LOW ): LOW will report prior to the opening bell; analysts are expecting to see EPS of $0.74, significantly higher than the $0.58 reported in the year prior.
- Target Corporation (TGT ): Before the opening bell, analysts are expecting to see EPS of $1.03 from TGT. This is significantly higher than the $0.70 figure from the same quarter the year prior.
The Bottom Line
The investing world still has its eye fixated on the Fed, which leaves this earnings season in an unfamiliar position given that is has not been very influential. While the reports will have a marked impact on the stocks themselves, look for Wall Street to spend yet another week enthralled with the Fed and the impending rate hike.
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