There’s never a dull week on Wall Street. Let’s go over some of the news that will shape the week to come.
The first trading day of the week kicks off with Alcoa Inc (NYSE:AA) posting quarterly results. The aluminum giant has fallen out of favor with investors. The stock has been trading in the single digits since May of last year.
Analysts aren’t holding out for much. They see Alcoa Inc (NYSE:AA) matching last year’s quarterly profit of $0.06 a share on flat revenue growth.
Wolverine World Wide, Inc. (NYSE:WWW) has blown Wall Street’s profit targets away in its two most recent quarters, setting the stage for another potential beat on Tuesday.
Wall Street sees Fastenal Company (NASDAQ:FAST) growing its revenue and earnings per share in the high single digits in Wednesday’s quarterly report. That certainly isn’t too shabby even if it doesn’t match Fastenal Company (NASDAQ:FAST)’s earlier heady pace.
Netflix, Inc. (NASDAQ:NFLX) will hope to further cement its legacy on Thursday with the debut of Orange Is the New Black. The prison drama is the handiwork of Weeds creator Jenji Kohan. The early reactions have been largely favorable. The New Yorker called it “terrific” and “smart, salty, and outrageous” in its critique.
We’ll see if audiences feel the same way.
Things are usually quiet on Fridays, but that won’t stop Joe’s Jeans Inc (NASDAQ:JOEZ) from reporting. The premium denim specialist should benefit from strong growth in luxury apparel. As the economy continues to bounce back, we’re finding fewer people flinching at paying $300 for a pair of jeans.
Wall Street’s betting on improving profitability at Joe’s Jeans Inc (NASDAQ:JOEZ), with a 14% spike in net sales.
The article The Fool Looks Ahead originally appeared on Fool.com is written by Rick Munarriz.
Longtime Fool contributor Rick Munarriz owns shares of Netflix. The Motley Fool recommends and owns shares of Netflix.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.