raisbeckfoto This will be a shorter earnings preview since the stock is a very small position within client accounts, but Cisco (NASDAQ:CSCO) is scheduled to report their fiscal Q3 ’24 financial results after the market closes on Wednesday, May 15th, 2024, after the closing bell. Consensus is now expecting Cisco to report $0.82 in earnings…
martin-dm/E+ via Getty Images Investment Thesis I believe PayPal’s (NASDAQ:PYPL) conservative reset of expectations for this quarter (via the guidance they gave last quarter) sets the company up for a strong buy despite recent underwhelming quarters. The fintech’s upcoming earnings announcement has set expectations at a consensus EPS estimate at $1.22, up 4.31% YoY. Revenue…
Bet_Noire The hawkish pivot The Fed Chair Powell signaled that the Fed is making a hawkish turn when he spoke on April 16th. Specifically, Powell said: Right now, given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to work and let the data…
shaunl/E+ via Getty Images I am updating my previous analysis on Shenandoah Telecommunications (NASDAQ:SHEN) in advance of Q1 2024 earnings, which will be released pre-market on Friday, May 3rd. I previously rated Shenandoah a sell for the following reasons: ROI on fiber was too low due to slow customer acquisition and management didn’t seem to…
hapabapa Introduction & Investment Thesis ServiceNow (NYSE:NOW) provides an end-to-end workflow automation platform for enterprises. The stock has performed more or less at par with the S&P 500 and Nasdaq 100 YTD. The company reported its Q4 FY23 earnings in January, where it beat on both revenue and earnings expectations, growing 26% YoY and 33.8%…
teekid Listen here or on the go via Apple Podcasts and Spotify Seeking Alpha’s Head of Quantitative Strategies, Steven Cress, walks us through Mag 7 stocks from a quant perspective (0:55). Analyzing Mag 7 earnings expectations (9:00). All eyes on Tesla’s recent decline (18:50). Meta looks to be much stronger story (27:55). Microsoft not as…
JHVEPhoto Investment Thesis IBM (NYSE:IBM) is set to announce their earnings report for the first quarter of this year, on Wednesday, April 24th, next week, after market hours. Big Blue reported a strong full-year FY23 earnings report in the previous quarter, which showed a re-acceleration in their core business segments, Software and Consulting aided by…
Image Source/DigitalVision via Getty Images I am updating my previous analysis on Spok Holdings, Inc. (NASDAQ:SPOK) in advance of Q1 earnings, which will be released post-market on Friday, April 26th. Since my last analysis, SPOK has been essentially flat, with a total return of -0.6%, while the S&P 500 yielded over 9% during the same…
jewhyte Investment Thesis Heading into FY Q3 Earnings, I believe Microsoft’s (NASDAQ:MSFT) strategic bet with their development and integration of the AI-driven platform, Copilot, has positioned the company well for the quarterly call and in terms of driving business going forward. Microsoft Copilot, launched in late 2022, has quickly become a key tool within Microsoft’s…
JetBlue EMB-190 lines up at JFK Airport Eliyahu Parypa/iStock Editorial via Getty Images The past nine months have been some of the most difficult any single airline has faced in the history of U.S. aviation. Almost a year ago, American Airlines Group Inc. (AAL) and JetBlue Airways Corporation (NASDAQ:JBLU) saw their Northeast Alliance – NEA…
hapabapa Netflix (NASDAQ:NFLX) reports their financial results for their first calendar quarter of 2024, after the market closes on Thursday, April 18th, 2024. The 12/31/23 quarter was the big upside surprise as Netflix saw 13.2 million subscriber adds, vs. the 8.8 million expected, with 2.8 million coming from US and Canada, the slower-growing region. The…
avid_creative Investment Overview Merck & Co., Inc. (NYSE:MRK) will announce its Q1 2024 earnings next Thursday, April 25. Analysts’ consensus opinion is that earnings per share will be in the region of $1.99 on a normalized basis, or $1.87 on a GAAP basis, on revenues of ~$15.2bn. Big pharma is generally regarded as a strong…
Skyhobo/iStock Unreleased via Getty Images Alaska Air Group, Inc. (NYSE:ALK), the parent company of Alaska Airlines, Horizon Air, and soon Hawaiian Airlines (HA), is scheduled to report and discuss Q1 earnings on Thursday, April 18. In this seasonally slower quarter, the Seattle-based company is expected to deliver flattish top-line growth with revenues likely to come…
Jon Tetzlaff/iStock Editorial via Getty Images Transportation sector bellwether, J.B. Hunt (NASDAQ:JBHT), is set to report its Q1 results after the market closes on Tuesday. Heading into the release, shares have underperformed over the last six months, with losses of nearly 4% during this timeframe. The stock is also down about 7% YTD. In my…
JHVEPhoto Alcoa Corp. (NYSE:AA) is a major producer of bauxite and aluminum products, and it is headquartered in Pennsylvania. Major U.S. banks typically kick off the earnings season, and Alcoa is one of the first non-bank companies to release earnings. This company is set to report Q1 earnings on April 17, 2024, after the market…
Marina Novitkaia/iStock via Getty Images The Consensus Expectations The BLS is set to report the labor market data for March on April 5th. These are the current consensus market expectations: March (Trading Economics) Essentially, the market expects a slowdown in non-farm job creation to 200K from 275K in February, and the unemployment rate to stay…
PaulMcKinnon Ahead of BlackBerry’s (NYSE:BB) third-quarter results posted in Dec. 2023, investors honed in on three things. Shareholders scrutinized the struggling firm’s earnings, assessed its new leadership under a new Chief Executive Officer, and considered the cancellation of its IoT spinoff. The stock market voted against BB stock after last quarter’s results, if readers use…
jetcityimage Walgreens (NASDAQ:WBA) is set to report their fiscal Q2 ’24 financial results before the opening bell tomorrow morning, Thursday, March 28, 2024. Analyst consensus is expecting $38.9 billion in revenue, $672 million in operating income and $0.82 in EPS, resulting in +3%, -45% and -29% yoy growth for the three metrics, respectively. Rather than…
yalcinsonat1 Stocks closed higher ahead of the Fed’s meeting this week, as tech behemoths Apple and Google rebounded on news that the iPhone maker will build Google’s Gemini artificial intelligence engine into its phones. Still, nine of the eleven S&P 500 sectors finished modestly in the green, while small caps struggled, which is likely due…
Kent Nishimura/Getty Images News The December SEP projections The FOMC is set to meet next week and will likely decide to leave the Federal Funds unchanged at the 5.25-5.50% range. However, the market is starting to price the Fed’s hawkish turn – or a signal from the Fed that it plans to cut interest rates…
Nikada Tencent (OTCPK:TCEHY) faces present difficulties from a slowdown in the Chinese economy, but full-year fiscal 2023 results look to close the book on a promising year, indicating the slow return of continued future growth after a troubling 2022. I believe that the stock is presently significantly undervalued based on a long-term horizon, but investors…
wellesenterprises Oracle (ORCL), the large-cap, relational database software giant, reports their fiscal Q3 ’24 financial results after the bell on Monday night, March 11th, 2024. Analyst consensus – per LSEG – is expecting: Revenue: $13.3 bl for expected y.y revenue growth of 7% Operating inc: $5.7 billion for expected y.y growth of 10% EPS: $1.38…
We-Ge Ulta Beauty (NASDAQ:ULTA) is expected to report earnings on Thursday 14th of March. For more background information about the company please refer to my previous article “Ulta Beauty: Time to Re-Accelerate”, in which I explained my bull thesis. This article will give a short preview about the upcoming earnings. I last covered ULTA in…
hapabapa/iStock Editorial via Getty Images Elevator Pitch I still rate NetApp, Inc. (NASDAQ:NTAP) shares as a Buy. Previously, I shared my expectations of NetApp’s financial performance for the third quarter of fiscal 2023 (YE April 30, 2023) in my prior February 16, 2023 update. My current article is focused on previewing NTAP’s upcoming Q3 FY…
monsitj By Jharonne Martis The LSEG U.S. Retail and Restaurant Q4 earnings index, which tracks changes in the growth rate of earnings within the sector, is expected to show a 33.7% growth over last year’s levels. However, much of this growth is coming from just two categories, and our metrics show that six of 10…
Maxxa_Satori Omega Healthcare Investors, Inc. (NYSE:OHI) is expected to report its Q4 earnings after-hours on Wednesday, February 7th. Analysts expect the company to report Funds From Operations [FFO] per share of 32 cents on the back of $207.21 million in revenue. My most recent coverage of Omega Healthcare was in August 2023 when I rated…
Stephen Brashear Performance assessment In my initiating coverage of Microsoft (NASDAQ:MSFT), I was bullish as I believed the company had a headstart in the AI boom. This initial thesis is playing out very strongly so far. However, I had changed my ‘Buy’ stance to one that still recognized the bullish operating momentum, but issued a…
DariaRen By Tajinder Dhillon The peak period of earnings season kicks off this week and we preview the S&P 500 2023 Q4 earnings season in granular detail, providing both aggregate and company-level insights using data from I/B/E/S, StarMine, and Datastream, which are all found in the desktop solution LSEG Workspace. Earnings Commentary 2023 has been…
Nora Carol Photography/Moment via Getty Images 2024 is off to the races, with the S&P 500 (SPY) making a new all-time high. After a brief dip to open the year, the index has gained ~ 1.5% year to date (YTD). Amazon (NASDAQ:AMZN) stock followed a similar pattern and has gained a little over 2%. The…
Gerasimov174 We previously covered Tesla, Inc (NASDAQ:TSLA) in October 2023, discussing its decelerating Full Self-Driving (“FSD”) adoption, as demonstrated by the moderating service revenues and declining gross margins. Combined with the reversal in sentiments from the automaker’s impacted electric vehicle (“EV”) revenues and elevated inventory levels, we at that time believed that the stock’s elevated…
niphon By Carsten Brzeski, Global Head of Macro. When there is such a stark discrepancy between market expectations and official ECB comments as there is currently, every ECB preview should start with the question, ‘What will the ECB do at the next meeting to finally guide markets?’. This preview, however, starts with the question, ‘Why…
DNY59 The New Year got off to a bit of a rocky start as major indices (DJIA, S&P 500® and Nasdaq Composite) ended lower for the first week of the year, marking the first down week after a 9-week winning streak. In the continued 2023 trend of “good news is bad news,” it was strong…
JLGutierrez December CPI consensus expectations The US Bureau of Labor is set to release the CPI report for December on January 11th. The consensus market expectations are that the core CPI inflation will decrease from 4% in November to 3.8% in December, with the monthly core CPI at 0.3%; the same as in November. The…
e-crow Introduction Last year presented a checkered landscape for the oilfield equipment and services industry, with the U.S. market experiencing notable weaknesses, contrasted by robustness in international and offshore sectors. Despite these challenges, NOV Inc. (NYSE:NOV) didn’t just hold its ground; it thrived, as its earnings were buoyed by solid international and offshore demand —…
Michael M. Santiago Walgreens (NASDAQ:WBA) formerly the premier retail drug store operator from the last 20 years of the 20th century (i.e. 1980s and 1990s) reports their fiscal Q1 ’24 financial results before the opening bell on Thursday, January 4th, 2024. Analyst consensus is expecting $0.63-0.64 per share in EPS, while revenue and operating income…
Brandon Bell/Getty Images News FedEx (NYSE:FDX) is scheduled to report its fiscal Q2 ’24 financial results after the close on Tuesday, December 19th, 2023. The sell-side revenue, operating income, and EPS consensus are expecting the freight giant to report $4.20 in earnings per share (EPS) on $22.4 billion in revenue for expected year-over-year (yoy) growth…
Scott Olson Dollar General Corporation (NYSE:DG) is set to report results for its Q3 that ended October 31st, 2023 after hours on Thursday, December 7th. Analysts expect the company to report a GAAP EPS of $1.21/share on the back of $9.64 billion revenue. Should Dollar General meet the estimates, it’d represent a YoY EPS decline…
gorodenkoff Investment Thesis Veeva Systems Inc. (NYSE:VEEV) stock is well-placed with lower expectations, as it heads to report its fiscal Q3 2024 results, expected post-market on Wednesday 6 December 2023. I now believe that this is a good entry point for investors to start averaging into their holding of Veeva. For a long time, as…
John M. Chase Salesforce, Inc. (NYSE:CRM) is set to report results for its Q3 that ended October 31st, 2023 after hours on Wednesday, November 29th. Analysts expect the company to report a Non-GAAP EPS of $2.06/share on the back of $8.72 billion revenue. Should Salesforce meet the estimates, it’d represent an impressive YoY EPS growth…
Wirestock/iStock via Getty Images Introduction Workday (NASDAQ:WDAY) is going to report Q3 ’24 earnings on the 28th of November ’23 after market close. I wanted to cover what the company is expecting to do in the quarter, give my thoughts on what I would like to see from the company, and some comments on the…
hobo_018/E+ via Getty Images Introduction Zoom Video (NASDAQ:ZM) will report Q3 earnings on Monday, Nov. 20 after market close. I will give my thoughts on the company’s potential and how things have changed since I last covered the company in May. The company has reported much better numbers since my last coverage, with greatly improved…
domin_domin/E+ via Getty Images What to expect from the October CPI report? “These young guys are playing checkers (chess). I’m out there playing chess (Bughouse).” – Kobe Bryant (Jay Powell). The October jobs report was so good that I’d use a saying my dad uses in golf to describe a perfectly hit drive in golf….
Sviatlana Zyhmantovich Affirm Holdings, Inc. (NASDAQ:NASDAQ:AFRM) will report earnings for fiscal Q1 that ended September 30th, 2023, post-market on Wednesday, November 8th. Analysts expect Affirm to report a non-GAAP EPS loss 61 cents on revenue of ~$445 million. Should Affirm meet these numbers, it would represent a YoY growth in EPS (or decrease in loss)…
Michael Fischer Cronos Group Inc. (NASDAQ:CRON) is expected to report its Q3 earnings results pre-market on Wednesday, November 8th. Analysts expect the company to lose money on both GAAP and Non-GAAP basis on the back of $20.03 million in revenue. CRON Q3 Preview (Seekingalpha.com) Headquartered in Toronto, Canada, Cronos Group Inc, is an “innovative global…
chameleonseye PayPal Holdings, Inc. (NASDAQ:PYPL) is set to report Q3 earnings on Wednesday, November 1st, after the market close. Consensus quarterly earnings according to Seeking Alpha are expected to be around $1.23/share with revenues growing 8% YoY to $7.4 billion. On an annualized basis, PayPal trades at a forward price-to-earnings ratio of 10x, which is…
TonyBaggett/iStock Editorial via Getty Images Introduction Starbucks (NASDAQ:SBUX) places investors at a crossroads. On one side, the company is iconic and popular across the globe and is seen as the top pick among coffee makers and bars. On the other, many investors stay away from the stock because of its high valuation. As Starbucks is…
hapabapa Tonight (10/18/23) after the closing bell, Netflix (NASDAQ:NFLX) will report their Q3 ’23 financial results, and it goes without saying that the bullish optimism has worn off the last 3 months, with the writers and actors strike, as well as some less than bullish commentary NFLX has made about their ad tier venture and…
Risto0/iStock Editorial via Getty Images When Nokia (NYSE:NOK) last reported earnings on July 20, 2023, the stock price stabilized at just below $4.00. Its brief breakout above that last month proved short-lived. Ahead of the upcoming Q3/2023 report this Thursday, shares are meaningfully lower at $3.51. What should investors expect in the next report? Second-Quarter…
hapabapa Investment Thesis Netflix (NASDAQ:NFLX) is going to report Q3 numbers on the 18th of this month after the market closes. I’ll give my thoughts below on the biggest concerns for the company in terms of its outlook going forward. Even after the company has dropped around 20% since I last covered the stock, I…
mixmotive By Tajinder Dhillon Earnings season kicks off this week, and we preview the S&P 500 2023 Q3 earnings season in granular detail, providing both aggregate and company-level insights using data from I/B/E/S, StarMine, and Datastream, which are all found in the desktop solution LSEG Workspace. Earnings Commentary The first half of the year has…