The Q1 2022 earnings season is now in its final stages. About 97% of the S&P 500 companies have reported their actual results so far (May 27). Of these, 77% of the companies posted a positive EPS surprise, and 73% reported a positive revenue surprise, according to the data from Factset. The blended earnings growth for the S&P 500 companies is 9.2%. If this holds till the end of the earnings season, it would be the lowest earnings growth rate reported by the index since Q4 2020 (3.8%). Let’s take a look at the ten biggest companies announcing earnings next week.
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Ten Biggest Companies Announcing Earnings Next Week
Founded in 2002 and headquartered in Draper, Utah, this company offers a range of solutions for managing health care accounts, including HAS, FSA, HRA, DCRA, 401(k), Commuter, COBRA and HIA. Healthequity Inc (NASDAQ:HQY) shares are up by over 37% year to date but are down by over 28% in the last three months. Its shares are currently trading at over $60, and have a 52-week range of $36.81 to $84.78. HealthEquity is scheduled to report earnings on June 6.
Founded in 2014 and headquartered in San Francisco, this company offers code hosting and collaboration platform services. Gitlab Inc (NASDAQ:GTLB) shares are down by almost 56% year to date and by over 30% in the last three months. Its shares are currently trading at over $38, and have a 52-week range of $30.74 to $137.00. GitLab is scheduled to report earnings on June 6.
Founded in 2001 and headquartered in San Mateo, Calif., this company offers a technology platform that offers software, services, and a partner ecosystem to the Property and Casualty Insurance industry. Guidewire Software Inc (NYSE:GWRE) shares are down by over 31% year to date and by over 20% in the last year. Its shares are currently trading at over $78, and have a 52-week range of $70.83 to $130.95. Guidewire Software is scheduled to report earnings on June 7.
Founded in 2002 and headquartered in Philadelphia, it is a specialty value retailer that operates through Leisure, Fashion and Home, and Party and Snack segments. Five Below Inc (NASDAQ:FIVE) shares are down by almost 39% year to date and by over 29% in the last year. Its shares are currently trading at over $127, and have a 52-week range of $110.83 to $237.86. Five Below is scheduled to report earnings on June 8.
Founded in 1959 and headquartered in Ankeny, Iowa, this company manages and operates convenience stores and gasoline stations. Casey's General Stores Inc (NASDAQ:CASY) shares are up by over 4% year to date but are down by over 4% in the last year. Its shares are currently trading at over $206, and have a 52-week range of $170.82 to $221.09. Casey's General Stores is scheduled to report earnings on June 9.
Founded in 1957 and headquartered in Broomfield, Colo., this company operates mountain resorts. Vail Resorts, Inc. (NYSE:MTN) shares are down by almost 25% year to date and by over 25% in the last year. Its shares are currently trading at over $246, and have a 52-week range of $221.38 to $376.24. Vail Resorts is scheduled to report earnings on June 9.
Founded in 1897 and headquartered in Orrville, Ohio, this company makes and markets food and beverage products. J M Smucker Co (NYSE:SJM) shares are down by almost 9% year to date and by over 9% in the last year. Its shares are currently trading at over $123, and have a 52-week range of $118.55 to $146.74. J.M. Smucker is scheduled to report earnings on June 7.
Founded in 1922 and headquartered in Camden, N.J., this company makes and markets convenience food products, including soup, simple meals, snacks, and healthy beverages. Campbell Soup Company (NYSE:CPB) shares are up by over 7% year to date but are down by over 6% in the last year. Its shares are currently trading at over $46, and have a 52-week range of $39.76 to $51.94. Campbell Soup is scheduled to report earnings on June 8.
Founded in 2003 and headquartered in San Francisco, this company offers cloud-based electronic signature solutions to help clients collect data securely, automate data workflows and sign anything. Docusign Inc (NASDAQ:DOCU) shares are down by over 45% year to date and by over 58% in the last year. Its shares are currently trading at over $83, and have a 52-week range of $64.84 to $314.76. DocuSign is scheduled to report earnings on June 9.
Founded in 1870 and headquartered in Louisville, Ky., this company produces and sells alcoholic beverages, including tequila, vodka, liquor, wine, scotch and whiskey. Brown-Forman Corporation (NYSE:BF.B) shares are down by almost 11% year to date and by almost 20% in the last year. Its shares are currently trading at over $64, and have a 52-week range of $60.23 to $81.57. Brown-Forman is scheduled to report earnings on June 8.
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