Upcoming Earnings Coverage for the Week on Walgreens Boots Alliance, PepsiCo, and Barracuda Networks

LONDON, UK / ACCESSWIRE / July 5, 2016 / Active Wall St. announces its upcoming earnings coverage as a number of major companies are set to announce their quarterly results throughout this week. Our coverage will scan the following companies: Walgreens Boots Alliance, Inc. (NASDAQ: WBA), PepsiCo, Inc. (NYSE: PEP), and Barracuda Networks, Inc. (NYSE: CUDA). Register with us now for your free membership and see our complete earnings coverage on this equity at:

http://www.activewallst.com/register/

After the fallout and tentative recovery from the Brexit, the markets will look for direction from the second quarter earnings which kick off this month. Due to the 4th of July holiday, the shortened trading week will have only a few companies reporting earnings. Active Wall St. has looked into some of the upcoming major earnings for the week. Please note that the earnings and revenue estimates may change ahead of the formal announcement, while some companies might also alter their reporting dates.

Today, AWS announces its potential coverage on WBA, PEP, and CUDA. Get all of our free coverage by signing up to http://www.activewallst.com/register/.

Earnings Preview – Walgreens Boots Alliance

On Wednesday, July 06, 2016, Walgreens Boots Alliance, Inc. will announce its Q3 Fiscal 2016 earnings. Analysts’ consensus estimate for Q3 FY16 earnings is $1.14 per share on revenue of $29.71 billion. Walgreens Boots Alliance has topped Analysts’ consensus estimate for seven consecutive quarters, and for Q2 FY16, the company reported an 11% y-o-y rise in its earnings.

Investors will also be looking for comments from the company on its proposed merger with U.S. retail pharmacy chain, Rite Aid (NYSE: RAD). Walgreens has recently terminated its relationship with Theranos Wellness Centers, and closed operations at all 40 centers.

On Friday, July 01, 2016, the company’s shares closed at $83.06, down 0.25%, with a total volume of 4.86 million shares. The stock has gained 5.01% in the past one month. Se more for free on WBA a:

http://www.activewallst.com/registration-3/?symbol=WBA

Earnings Preview – PepsiCo

PepsiCo, Inc. is scheduled to announce its Q2 Fiscal 2016 results on Thursday, July, 07, 2016, before the market opens. Analysts’ consensus estimate for Q2 FY16 earnings is $1.29 per share on revenue of $15.38 billion.

Investors will look for indicators on global sentiment and the effects of economic volatility on the company which generates nearly half of its revenues outside U.S. Investors will also look for PepsiCo’s comments on Brexit as the U.K is one of the important markets for the company, generating 3% of the company’s sales in the last year.

PepsiCo’s stock is up 7.27% since the beginning of the year and 2.51% since its previous earnings. At the close last Friday, shares of the company were trading at $105.63, down 0.29%. The stock’s consensus price target is $111.89. Sign up and download the research on PEP:

http://www.activewallst.com/registration-3/?symbol=PEP

Earnings Preview – Barracuda Networks

On Thursday, July 7, 2016, Barracuda Networks, Inc. is scheduled to report its Q1 fiscal 2017 earnings results after market close. Analysts’ consensus estimate for Q1 FY17 earnings is $0.11 per share on revenue of $83.85 million.

Barracuda Networks designs and delivers powerful security and storage solutions that are cloud-connected and help customers address security threats, improve network performance and protect and store data. For its Q4 FY16 financial results, Barracuda Networks beat top line and bottom-line estimates with the stock gaining 16.91% the following day. Barracuda Networks is targeting the Internet-of-Things market, looking to establish itself as a leader in IoT security before competition heats up.

Barracuda Networks’ shares were up 0.26% at $15.18 on Friday. The company has a consensus price target of 18.46, and the stock has a 52-week trading range of $9.44 to $40.72.

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