ACB, GIS, COST, DRI: Earnings Preview

By Kirsteen Mackay

Sep 20, 2022

This week’s company earnings include Aurora Cannabis (ACB), General Mills (GIS), Costco Wholesale (COST), and Darden Restaurants (DRI).

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Photo by Marques Thomas on Unsplash

Read on for some of the key earnings reports to look out for in the week ahead:

Aurora Cannabis (NASDAQ: ACB)

Aurora Cannabis (NASDAQ: ACB) reports Q4 earnings on Tuesday. FactSet estimates have an EPS consensus of -$0.17 and a sales consensus of $50.6m.

Aurora Cannabis, through its subsidiaries, is engaged in the production and distribution of medical cannabis. The company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, and home cultivation.

Over the past year, ACB stock has traded between $1.21 and $8.69. Today it trades at around $1.47. Year-to-date, the Aurora Cannabis stock price is down by -74.43%.

FactSet analysts have a Hold rating on ACB stock with a target share price of CA$2.29.

ACB stock has a price-to-book-value (P/BV) of 0.4, which is in line with the industry average.

A stock with a beta higher than 1.0 is expected to be more volatile than the S&P 500. ACB stock has a beta of 1.45, accurately reflecting its volatile nature.

Is Aurora Cannabis Stock a Good Investment?

General Mills, Inc (NYSE: GIS)

General Mills, Inc (NYSE: GIS) reports its Q1 earnings on Wednesday. FactSet estimates have an EPS consensus of $0.99 and a sales consensus of $4.6bn.

General Mills (GIS) operates as a food company. The company manufactures and markets branded consumer foods. General Mills serves customers worldwide.

Over the past year, GIS stock has traded between $57.47 and $78.54. Today it trades at around $75.91. Year-to-date, the General Mills stock price is up by 12.74%.

FactSet analysts have a consensus Hold rating on GIS stock with a target share price of $73.

GIS stock has a P/E of 17.2. Its price-to-book-value (P/BV) is 4.3, above the industry benchmark of 1.94. GIS stock comes with a dividend yield of 2.8%.

Costco Wholesale Corp (NASDAQ: COST)

Costco Wholesale Corp (NASDAQ: COST) reports its Q4 earnings on Thursday, September 22. FactSet estimates have an EPS consensus of $13.14 and a sales consensus of $70.8bn.

The company is a membership warehouse club. Costco sells all kinds of food, automotive supplies, toys, hardware, sporting goods, jewelry, electronics, apparel, health and beauty aids, and other goods. Costco Wholesale serves customers worldwide.

Over the past year, COST stock has traded between $406.51 and $612.27. Today it trades at around $507. Year-to-date, the Costco stock price is down by -10.6%.

FactSet analysts have an Overweight rating on COST stock with a target share price of $572.58. 

COST stock has a P/E of 40. Its P/BV is 11.2, well above the industry average of 1.5. COST stock comes with a shareholder dividend of 0.7%.

Darden Restaurants, Inc (NYSE: DRI)

Darden Restaurants, Inc (NYSE: DRI) reports its quarterly earnings on 22 September. FactSet estimates have an EPS consensus of $1.56 and a sales consensus of $2.47bn.

Darden Restaurants (DRI) is a full-service restaurant company. The company owns and operates a variety of seafood and Italian restaurants under a multitude of brand names. Darden Restaurants serves customers in the United States and Canada.

Over the past year, DRI stock has traded between $110.96 and $164.28. Today it trades at around $131.04. Year-to-date, Darden Restaurants' stock price is down by -10.92%.

FactSet analysts have a consensus Overweight rating on DRI stock with a target share price of $140.42. 

DRI stock has a P/E of 17.9, and its P/BV is 7.5. DRI stock comes with a 3.4% dividend yield.

If you enjoyed our Earnings Preview, you might be interested in our Daily Stock Watch.

Important Notice And Disclaimer

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.