Wall Street This Week: 'Guardians,' 'Marco Polo'
Monday -- Diamonds Are a Girl's Best Snack
The new trading week kicks off with Diamond Foods (DMND) reporting quarterly results. The salty snacks specialist is the company behind Pop Secret popcorn, Kettle potato chips and Emerald nuts.
Diamond Foods is starting to get its act together after an accounting scandal derailed its deal to snap up the Pringles potato chip line a couple of years ago. It settled with the Securities and Exchange Commission earlier this year to put fraud charges in the past, and now its focus is on growing its popular snack lines. Analysts see earnings per share soaring 39 percent for the quarter relative to the same period a year earlier, with an 8 percent uptick in sales.
Tuesday -- Groot, Groot, Groot for the Home Team
This year's biggest box office hit is Disney's (DIS) "Guardians of the Galaxy," and on Tuesday it becomes available on Blu-ray, DVD and digital delivery. Marvel's unlikely hit fared well with critics, who raved about the superhero flick's ability to blend action with edgy humor.
DVD sales peaked a decade ago, but after "Guardians" collected more than $330 million in domestic ticket sales, it's a safe bet that the movie is going to fare well in its home-video release.
Wednesday -- Bulk Up
Costco (COST) is the market darling among warehouse clubs, delivering big value to its members through bulk-size packaging in a bare-bones warehouse setting. Costco reports fresh financials on Wednesday.
Costco shares hit a new high last week despite having missed Wall Street's profit targets in three of the past four quarters. Analysts see another quarter of modest growth on both ends of the income statement this time around.
Thursday -- PDF Stands for "Pretty Dull Financials"
The top dog in desktop publishing software reports quarterly results on Thursday. Despite the Internet revolution, things haven't always been easy for Adobe Systems (ADBE). The company behind Photoshop, Acrobat, and Flash is still essential for most die-hard publishers, but there are too many free or nearly free alternatives for mainstream users who don't need all of the firepower that Adobe's high-end products offer.
Wall Street isn't holding out for much in Adobe's report. Analysts see revenue inching a mere 2 percent higher, with earnings taking a small step back. Maybe using Photoshop to punch up the report is in order.
Friday -- When I Say "Marco," You Stream "Polo"
One of the biggest bets that Netflix (NFLX) has made on original programming will come into play on Friday. "Marco Polo" -- a series that was originally set to air on the Starz premium cable channel -- will be available for streaming exclusively on Netflix.
With a reported budget of $90 million for the first season, Netflix is hoping that the tale of Marco Polo's explorations under the era of Kublai Khan proves as magnetic as "House of Cards" and "Orange Is the New Black." All 10 of the first season's episodes will be accessible right away, so we should know by Friday if Netflix has another hit on its hands or not.
Motley Fool contributor Rick Munarriz owns shares of Netflix and Walt Disney. The Motley Fool recommends Adobe Systems, Costco Wholesale, Netflix, and Walt Disney. The Motley Fool owns shares of Costco Wholesale, Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days.Check out The Motley Fool's free report for one great stock to buy for 2015 and beyond.