Stocks generally see significant movement days before the earnings announcement. Investors, both long and short-term, use this event to initiate fresh positions, as well as to make quick profits. Let’s take a look at the 10 biggest firms reporting earnings next week.
Ten Biggest Firms Reporting Earnings Next Week
We have used the market capitalization data (as of June 23, 2022) of companies announcing earnings next week to rank the 10 biggest firms reporting earnings next week.
10. Jefferies Financial Group
Founded in 1968 and headquartered in New York City, Jefferies Financial (NYSE:JEF) offers financial services through Investment Banking, Capital Markets, Asset Management, Merchant Banking, and Corporate segments. The shares are down by over 30% year to date and over 14% in the last year. It has a 52-week range of $25.88 to $44.47, and as of writing, the shares were trading at over $26. Jefferies is scheduled to report its earnings on June 27.
9. Concentrix
Founded in 1973 and headquartered in Fremont, Calif., Concentrix (NASDAQ:CNXC) deals in customer experience solutions and technology. The shares are down by almost 23% year to date and over 9% in the last year. It has a 52-week range of $136.01 to $208.48, and as of writing, Concentrix shares were trading at over $138. It is scheduled to report its earnings on June 28.
8. Synnex
Founded in 1980 and headquartered in Fremont, Calif., Synnex (NYSE:SNX) offers the technology industry distribution, logistics and integration services. The shares are down by over 18% year to date and over 23% in the last year. It has a 52-week range of $89.08 to $130.93, and as of writing, Synnex shares were trading at over $93. It is scheduled to report its earnings on June 28.
7. McCormick
Founded in 1889 and headquartered in Baltimore, Md., McCormick (NYSE:MKC) makes, markets and distributes spices, seasoning mixes, condiments and other flavorful products. The shares are down by almost 14% year to date and over 3% in the last year. It has a 52-week range of $77.85 to $107.35, and as of writing, McCormick shares were trading at over $83. It is scheduled to report its earnings on June 29.
6. Walgreens Boots Allliance
Founded in 1901 and headquartered in Deerfield, Ill., Walgreens Boots Alliance (NASDAQ:WBA) offers drug store services, and operates through the Retail Pharmacy USA and Retail Pharmacy International segments. The shares are down by over 22% year to date. It has a 52-week range of $39.14 to $55.00, and as of writing, Walgreens Boots Alliance shares were trading at over $40. It s scheduled to report its earnings on June 30.
5. General Mills
Founded in 1928 and headquartered in Minneapolis, General Mills (NYSE:GIS) makes and sells branded consumer foods. The shares are up by almost 1% year to date and almost 15% in the last year. It has a 52-week range of $56.67 to $73.99, and as of writing, The shares were trading at over $67. It is scheduled to report its earnings on June 29.
4. Paychex
Founded in 1971 and headquartered in Rochester, N.Y., Paychex (NASDAQ:PAYX) offers payroll, human resources, insurance and retirement solutions. The shares are down by over 15% year to date but are up by almost 11% in the last year. It has a 52-week range of $103.34 to $141.92, and as of writing, Paychex shares were trading at over $115. Paychex is scheduled to report its earnings on June 29.Constellation Brands (NYSE:STZ)
3. Constellation Brands
Founded in 1945 and headquartered in Victor, N.Y., Constellation Brands (NYSE:STZ) makes, markets and distributes beer, wine, and spirits. The shares are down by over 5% year to date but are up by over 30% in the last year. It has a 52-week range of $207.35 to $261.53, and as of writing, The shares were trading at over $235. Constellation Brands is scheduled to report its earnings on June 30.
2. Micron Technology
Founded in 1978 and headquartered in Boise, Idaho, Micron Technology (NASDAQ:MU) offers innovative memory and storage solutions. The shares are down by almost 40% year to date and over 30% in the last year. It has a 52-week range of $53.60 to $98.45, and as of writing, Micron Technology shares were trading at over $56. Micron Technology is scheduled to report its earnings on June 30.
1. Nike
Founded in 1964 and headquartered in Beaverton, Ore., Nike (NYSE:NKE) deals in athletic footwear, apparel, accessories, equipment, and services. The shares are down by over 37% year to date and over 21% in the last year. It has a 52-week range of $103.46 to $179.10, and as of writing, Nike shares were trading at over $104. It is scheduled to report its earnings on June 27.