What to Expect from Earnings This Week (ORCL, ASAN, KSS, ZIM, ADBE, ULTA)

Looking to the companies reporting this week, and there are a mix of names we have picked out across the sectors. With many of the largest stocks on the market having already reported, there could be some valuable nuggets for the period to come from the competition.

The fresh week of trading kicks off amid the backdrop of continued tariff uncertainty, changeable policy, and U.S stock markets that have come under pressure, significantly underperforming European counterparts year-to-date after years of outperformance.

With the QQQ ETF indicating the Nasdaq 100 starting the week more than 1.25% to the downside, after a 3.76% decline last week, it may take something special from those reporting to sway sentiment against the broader trend. Only a few short weeks ago, the major indices were making fresh highs, and a pullback can certainly be considered healthy after what has been a very strong couple of years. Nevertheless, continued uncertainty, alongside various companies delivering guidance that has failed to meet expectations has shaken out some of the risk.

Let's take a closer look at what markets are expecting in the week ahead.

Monday

BioNTech (BNTX) – Reporting Before Market Open

• Expected : EPS: €0.37, Revenue: €1.15B
• Previous Quarter : EPS: Expected -1.61 vs. Actual 0.81 (Beat), Revenue: Expected 516.02M vs. Actual 1.24B (Beat)

The previous quarter reflected a big beat on top and bottom lines, standing in sharp contrast to the June reporting period where the company missed to the downside on both measures. BioNTech's stock has continued to trade in a relatively tight range over the past 6 months.

Oracle (ORCL) – Reporting After Market Close

• Expected Results: EPS: $1.49, Revenue: $14.4B
• Previous Quarter: EPS: Expected 1.48 vs. Actual 1.47 (Miss), Revenue: Expected $14.12B vs. Actual $14.06B (Miss)

In the past four reports, ORCL has beat on top and bottom lines once, delivered two top and bottom line misses, and one mixed report. The stock has wobbled a little leading into this print, down 6.55% year-to-date.

Asana (ASAN) – Reporting After Market Close

• Expected Results: EPS: -0.01, Revenue: $188.13M
• Previous Quarter Highlights:
  • EPS: Expected -0.07 vs. Actual -0.02 (Beat)
  • Revenue: Expected $180.6M vs. Actual $183.88M (Beat)

Asana continued its strong performance with a history of beating consensus on both key metrics in the previous period. However, the stock has slid 8% year-to-date, reflecting broader market fluctuations in tech particularly.

Tuesday

Kohl’s (KSS) – Reporting Before Market Open

• Expected Results: EPS: 0.74, Revenue: $5.18B
• Previous Quarter Highlights:
  • EPS: Expected 0.28 vs. Actual 0.20 (Miss)
  • Revenue: Expected $3.71B vs. Actual $3.51B (Miss)

Results have been very mixed over the past year of reporting, with the stock down 55% over the same time period.

Wednesday

Zim Integrated Shipping (ZIM) – Reporting Pre-Market

• Expected Results: EPS: 3.49, Revenue: $2.02B
• Previous Quarter Highlights:
  • EPS: Expected 7.21 vs. Actual 9.34 (Beat)
  • Revenue: Expected $2.41B vs. Actual $2.77B (Beat)

Two consecutive beats follow two previous misses, as the trend has turned bullish for ZIM. With the stock having gained 81.8% in the 12 months leading into the print, after a couple of years being beaten down, ZIM is currently trading towards the mid-point of it's 52 week range ($9.08 – $30.15)

Adobe (ADBE) – Reporting After Market Close

• Expected Results: EPS: 4.97, Revenue $5.66B
• Previous Quarter Highlights:
  • EPS: Expected 4.67 vs. Actual 4.81 (Beat)
  • Revenue: Expected $5.54B vs. Actual $5.61B (Beat)

Offers a history of narrow beats over the past year, against the backdrop of a choppy stock. Trades down ~20% over the past year, yet held up better than many year-to-date, with a narrow gain of 1.9% an outperformer on the Nasdaq Composite's fall of 5.6%.

Thursday

Dollar General (DG) – Reporting Before Market Open

• Expected Results: EPS: $1.5, Revenue: $10.26B
• Previous Quarter Highlights:
  • EPS: Expected 0.94 vs. Actual 0.89 (Miss)
  • Revenue: Expected $10.14B vs. Actual $10.18B (Beat)

Two consecutive EPS misses, followed two beats, showing a shifting trend in performance against consensus. The stock trades down 48% over the past year, yet has found some support in recent weeks to add 10% on the month.

DocuSign (DOCU) – Reporting After Market Close

• Expected Results: EPS: 0.85, Revenue $761.64M
• Previous Quarter Highlights:
  • EPS: Expected 0.87 vs. Actual 0.90 (Beat)
  • Revenue: Expected $745.33M vs. Actual $754.82M (Beat)

A history of beating on top and bottom lines has helped the stock to 37% in gains over the past 12 months. Despite the longer term bullish trend, the stock has trended downwards alongside tech in recent months, and has pulled back 11% year-to-date.

Ulta Beauty (ULTA) – Reporting After Market Close

• Expected Results: EPS: 7.15, Revenue $3.47B
• Previous Quarter Highlights:
  • EPS: Expected 4.53 vs. Actual 5.14 (Beat)
  • Revenue: Expected $2.50B vs. Actual $2.53B (Beat)

Missed on both metrics once during the past four prints, Ulta's stock price has fallen 35% over the past year leading into earnings week.

Latest Price Action and Key Data Ahead of Earnings