The Fool Looks Ahead
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 market kicks off with MFC Industrial and Cal-Maine reporting their latest quarterly results on Monday.
MFC is a global commodity supply chain company that used to be known as Terra Nova Royalty. It boosted its dividend rate earlier this year.
Cal-Maine's specialty is shelled eggs. Analysts see the Mississippi-based company generating a profit of $1.55 a share, well ahead of the $0.96 it laid a year earlier.
Tesla Motors will be in the spotlight on Tuesday. CEO Elon Musk sent out an interesting tweet a few days ago, pumping up an upcoming announcement that will have him putting his money where his mouth is. The announcement will probably be about investing more in the company or paying down Tesla's debt.
We'll see what Musk is excited about on Tuesday.
Mitcham Industries checks in on Wednesday. The supplier of geophysical equipment is probably in for a rough quarter. Analysts see profitability being cut nearly in half on a 20% drop in revenue.
Franklin Covey checks in on Thursday. The provider of training and consulting services is expected to see its quarterly profit nearly double to $0.11 a share. Earlier this month, Franklin Covey was celebrating making the cut for the sixth year in a row on TrainingIndustry.com's list of Top Sales Training Companies.
The market is quiet on the first Friday of the new quarter, but things should pick up in a few weeks once earnings season starts again.
Beyond next week
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The article The Fool Looks Ahead originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends MFC Industrial and Tesla Motors and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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