Earnings Week Ahead: Oracle Corporation, Adobe, Kroger and more
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While investors deal with the latest CPI report that has sent markets spiraling downward, earnings reports may seem of minor importance-especially as earnings season comes to a close.
However, there remain a few crucial earnings reports in the week ahead that could impact expectations not only for widely-held individual names, but for various industries they populate. Below is a breakdown of key reports investors will need to keep an eye on.
Monday, June 13
Oracle Corporation (NYSE:ORCL)
Oracle Corp. (ORCL
-2.0%) kicks off the week with a key earnings report after the bell that will speak to software and cloud demand. In its previous earnings release, the Austin-based company missed expectations and fell sharply, dragging numerous peers with it on that day. If Salesforceâs (CRM) recent earnings beat is any indication, a beat or miss could mean a similar sector impact.
The earnings report will also be the companyâs first since its acquisition of health information technology company Cerner. Details on the integration of this acquisition will offer important details not just on the full year forecast for Oracle itself, but for other tech giants rumored to be considering M&A activity in the healthcare space.
Read more on why Morgan Stanley is expecting a strong result from the Larry Ellison-led software giant.

Consensus EPS Estimates: $1.38
Consensus Revenue Estimates: $11.68B
What to Watch: Cloud demand and market share

Tuesday, June 14
HEXO Corp. (NASDAQ:HEXO)
Canadian cannabis stock Hexo Corp. (HEXO) has not had an auspicious run as a public company. Indeed, along with popular Canadian pot stocks like Canopy Growth Corp. (CGC), Aurora Cannabis (ACB) and Tilray (TLRY), the stock has slumped over 90% from its post-legalization peak. Investors in the space will hope for a solid result from Hexo Corp. for its earnings, that are tentatively projected to be reported on Tuesday, to revive sentiment in a space that has become overwhelmingly negative. The report will also be the first under newly minted CEO and CFO Charlie Bowman and Julian Ivancsits.

Consensus EPS Estimates: $-0.03
Consensus Revenue Estimates: $42.69M
What to Watch: Path to profitability, executive transition

Motorcar Parts of America (NASDAQ:MPAA) 
Soaring auto prices have made a number of industries related to cars of increased interest to thematic investors. Obviously, auto parts are among them, making MPAAâs earnings one worth watching. This is even more the case after Fridayâs CPI reflected still-roaring inflation in used autos, perhaps adding to demand for auto parts and repairs as consumers attempt to extend the life of their vehicles. 

Consensus EPS Estimates: $0.47
Consensus Revenue Estimates: $150.50M
What to Watch: Inflation commentary and demand

Thursday, June 16
Adobe (ADBE)
Bookending the week that Oracle (ORCL) began with cloud commentary is another âcloud kingâ in Adobe Inc. (ADBE). Much the same as Oracle (ORCL), ADBEâs previous quarterly report spooked investors as guidance came in short of expectations. While thar tempered expectations that might help the company come in above analyst estimates this time around, a report below the already-lowered bar could provoke an outsized share reaction and ripple across software stocks broadly. Meanwhile, any commentary on M&A appetite could also be important, as Dropbox (DBX) is rumored to be in Adobeâs crosshairs. 

Consensus EPS Estimates: $3.31
Consensus Revenue Estimates: $4.35B
What to watch: M&A possibility

The Kroger Co. (NYSE:KR)
Kroger (KR), which is Americaâs largest supermarket chain in sales terms, will be a pivotal report to watch as the close of earnings season nears. Coming shortly after Carl Icahn dropped his proxy fight with the chain over treatment of pregnant pigs and a CPI print that ran hotter than already red-hot estimates, the report will be crucial to understanding supply-chain and inflation issues confronting everyday consumers. KR soared after its March earnings report and has continued to outperform the broader market since. But a bottom-line beat this quarter could be pivotal in confirming KRâs place as a safe stock amid a volatile market.

Consensus EPS Estimates: $1.26
Consensus Revenue Estimates: $42.88B
What to watch: Inflation commentary

Read more on other catalysts to watch during the week.