Weekly earnings calendar w/c 29 February 2016

View the week's key company earnings schedule and key stories to watch.

The top 9 stories to look out for (29 February to 4 March 2016) MON 29 FEB More cost-cutting at VW? Volkswagen shareholders have been driven to distraction this year after the emission scandal sent shares crashing 60%. Sales have dropped globally so more cost-cutting could be around the corner. TUE 1 MAR Another sell-off after China PMI data? Manufacturing contraction in China has been a major source of the decline in commodity demand that is worrying markets. The China manufacturing PMI has resulted in a major market sell-off on the past four occasions. TUE 1 MAR Restructuring at Barclays? CEO Anthony Jenkins’ departure has seen Barclays shareholders hit with 40% declines. New chief Jes Staley may look to stamp his authority with some significant restructuring at this week’s earnings report. TUE 1 MAR Will Greggs shares rise higher? Investors may have had their fill of Greggs. Shares weren’t looking so fresh when they tanked over 20% in the first two weeks of 2016 after a weak Christmas. Still, expansion into breakfast and coffee means sales are expected to continue rising. WED 2 MAR Can ITV land a knockout blow? ITV is upping its profile with talks of a blockbuster deal to buy boxing rights as well as popular programming like Downton Abbey and X Factor. A potential acquisition from its biggest shareholder Liberty Global has supported its share price recently. THU 3 MAR Good publicity for Adidas? Adidas is pulling its sponsorship of Athletics’ governing body the IAAF, while its CEO’s ‘duty to entertain’ comment annoyed Manchester United. Will the publicity be positive for its results? THU 3 MAR How will HP Enterprises’ first post-split update be received?​ HP Enterprises issues Q1 earnings for the first time since splitting from Hewlett Packard. Cloud storage will drive growth, but slowing PC and printer sales are likely to weigh. FRI 4 MAR WPP to defy global growth fears? Advertising is normally one of the first things to be cut when a company’s growth slows, so it’s perhaps encouraging that WPP shares remain buoyant despite rampant fears of a global growth slowdown. FRI 4 MAR Will US non-farm payrolls signal a March rate rise? A surprise January jump in wage growth followed by a neutral testimony from Fed chair Janet Yellen has put a spanner in the works for US dollar bears. Continued wage growth in February will add credence to a March rate hike.

 

Key company earnings (w/c 29 February)

Monday 3D Systems (US) - Q4 Anacor Pharmaceuticals (US) - Q4 British Polythene Industries (UK) - full-year Brixmor Property Group (US) - Q4 Bunzl (UK) - full-year California Resources (US) - Q4 Colony Starwood Homes (US) - Q4 DX Group (UK) - half-year Hertz Global (US) - Q4 Horizon Pharma (US) - Q4 Intrexon (US) - Q4 Johnson Service Group (UK) - full-year Juno Therapeutics (US) - Q4 Jupiter Fund Management (UK) - full-year Keller Group (UK) - full-year Lumber Liquidators (US) - Q4 Nevro (US) - Q4 Novavax (US) - Q4 NRG Energy (US) - Q4 Orbital (US) - Q4 Senior (UK) - full-year Trinity Mirror (UK) - full-year Ultra Electronics (UK) - full-year Workday (US) - Q4

Tuesday Ashtead Group (UK) - Q3 AutoZone  (US) - Q2 Barclays (UK) - full-year Direct Line Insurance Group (UK) - full-year Elementis (UK) - full-year Empiric Student Property (UK) - half-year Greggs (UK) - full-year Guidewire Software (US) - Q2 IP Group (UK) - full-year Jardine Lloyd Thompson Group (UK) - full-year Just-Eat Group (UK) - full-year Kate Spade & Co (US) - Q4 Moneysupermarket.com Group (UK) - full-year Rotork (UK) - full-year Ross Stores (US) - Q4 Servelec Group (UK) - full-year Taylor Wimpey (UK) - full-year Tullett Prebon (UK) - full-year

Wednesday Abercrombie & Fitch (US) - Q4 Clinigen Group (UK) - half-year Costain Group (UK) - full-year Costco Wholesale (US) - Q2 Dignity (UK) - full-year Fisher James (UK) - full-year Intertek Group (UK) - full-year Joy Global (US) - Q1 ITV (UK) - full-year Laird (UK) - full-year Nichols (UK) - full-year Novae Group (UK) - full-year Supernus Pharmaceuticals (US) - Q4 Synthomer (UK) - full-year Virgin Money Holdings (UK) - full-year

Thursday Admiral Group (UK) - full-year Aggreko (UK) - full-year Ambarella (US) - Q4 Arrow Global Group (UK) - full-year BBA Aviation (UK) - full-year Builders FirstSource (US) - Q4 Carillion (UK) - full-year ​Ciena (US) - Q1 Cobham (UK) - full-year Genel Energy (UK) - full-year Headlam Group (UK) - full-year Hewlett Packard Enterprise  (US) - Q1  H&T Group (UK) - full-year Hunting (UK) - full-year Kroger (US) - Q4 LSL Property Services (UK) - full-year Melrose (UK) - full-year RPS Group (UK) - full-year Schroders  (UK) - full-year Shawbrook Group (UK) - full-year Spirax-Sarco Engineering (UK) - full-year Stratasys (US) - Q4 Travis Perkins (UK) - full-year Vesuvius (UK) - full-year

Friday Capital & Regional (UK) - full-year London Stock Exchange Group (UK) - full-year Lookers (UK) - full-year Staples (US) - Q4 WPP (UK) - full-year Company announcements are subject to change. All the events listed above were correct at the time of writing.

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