Here are the most notable earnings releases for the trading week beginning April 20th, 2020- ($NFLX $DAL $KO $INFY $HAL $LMT $ALLY $SNAP $T $DPZ $IBM $PM $INTC $LUV $CMG $BIIB $HCA $VZ $BOH $MTB $ONB $SAP $BMRC $CMA $PHG $AXP $ERIC $CBU $KMB $TFC $PLD $SYF $NEE $LII $NDAQ $LLY $SNA $LVS $TRV $LRCX $KALU $EMR $CIT $FITB) (This post will be edited later with the notable earnings details & charts) ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Here are the most notable Highest Volatility earnings releases for the trading week beginning April 20th, 2020- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Netflix, Inc. $422.96 Netflix, Inc. (NFLX) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, April 21, 2020. The consensus earnings estimate is $1.61 per share on revenue of $5.70 billion and the Earnings Whisper ® number is $1.68 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat The company's guidance was for earnings of approximately $1.66 per share. Consensus estimates are for year-over-year earnings growth of 111.84% with revenue increasing by 26.08%. Short interest has decreased by 28.5% since the company's last earnings release while the stock has drifted higher by 27.2% from its open following the earnings release to be 31.0% above its 200 day moving average of $322.81. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 5,963 contracts of the $470.00 call expiring on Friday, April 24, 2020. Option traders are pricing in a 12.7% move on earnings and the stock has averaged a 4.5% move in recent quarters. Delta Air Lines, Inc. $24.27 Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, April 22, 2020. The consensus estimate is for a loss of $0.70 per share on revenue of $9.64 billion and the Earnings Whisper ® number is ($1.41) per share. Investor sentiment going into the company's earnings release has 26% expecting an earnings miss. Consensus estimates are for earnings to decline year-over-year by 172.92% with revenue decreasing by 7.94%. Short interest has increased by 38.3% since the company's last earnings release while the stock has drifted lower by 60.9% from its open following the earnings release to be 54.1% below its 200 day moving average of $52.86. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 16, 2020 there was some notable buying of 13,289 contracts of the $25.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 12.3% move on earnings and the stock has averaged a 1.9% move in recent quarters. Coca-Cola Company $48.06 Coca-Cola Company (KO) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, April 21, 2020. The consensus earnings estimate is $0.44 per share on revenue of $8.49 billion and the Earnings Whisper ® number is $0.44 per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 8.33% with revenue increasing by 5.86%. Short interest has decreased by 22.1% since the company's last earnings release while the stock has drifted lower by 17.0% from its open following the earnings release to be 10.0% below its 200 day moving average of $53.39. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 4,000 contracts of the $42.00 put expiring on Friday, May 8, 2020. Option traders are pricing in a 5.6% move on earnings and the stock has averaged a 4.0% move in recent quarters. Infosys Technologies Ltd. $8.58 Infosys Technologies Ltd. (INFY) is confirmed to report earnings at approximately 7:55 AM ET on Monday, April 20, 2020. The consensus earnings estimate is $0.14 per share on revenue of $3.29 billion and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 29% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 7.69% with revenue increasing by 7.52%. Short interest has increased by 23.9% since the company's last earnings release while the stock has drifted lower by 22.7% from its open following the earnings release to be 19.2% below its 200 day moving average of $10.62. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, March 30, 2020 there was some notable buying of 4,005 contracts of the $9.00 put expiring on Friday, October 16, 2020. Option traders are pricing in a 12.2% move on earnings and the stock has averaged a 3.7% move in recent quarters. Halliburton Company $7.58 Halliburton Company (HAL) is confirmed to report earnings at approximately 6:45 AM ET on Monday, April 20, 2020. The consensus earnings estimate is $0.25 per share on revenue of $5.08 billion and the Earnings Whisper ® number is $0.27 per share. Investor sentiment going into the company's earnings release has 17% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 8.70% with revenue decreasing by 11.45%. Short interest has decreased by 17.6% since the company's last earnings release while the stock has drifted lower by 68.1% from its open following the earnings release to be 60.1% below its 200 day moving average of $19.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 3, 2020 there was some notable buying of 20,284 contracts of the $7.00 put expiring on Friday, May 15, 2020. Option traders are pricing in a 18.3% move on earnings and the stock has averaged a 3.8% move in recent quarters. Lockheed Martin Corp. $401.51 Lockheed Martin Corp. (LMT) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, April 21, 2020. The consensus earnings estimate is $5.75 per share on revenue of $15.23 billion and the Earnings Whisper ® number is $5.81 per share. Investor sentiment going into the company's earnings release has 57% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 4.01% with revenue increasing by 6.24%. Short interest has decreased by 30.8% since the company's last earnings release while the stock has drifted lower by 7.7% from its open following the earnings release to be 5.2% above its 200 day moving average of $381.53. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.0% move on earnings and the stock has averaged a 1.7% move in recent quarters. Ally Financial $15.37 Ally Financial (ALLY) is confirmed to report earnings at approximately 7:30 AM ET on Monday, April 20, 2020. The consensus earnings estimate is $0.74 per share on revenue of $1.61 billion and the Earnings Whisper ® number is $0.61 per share. Investor sentiment going into the company's earnings release has 17% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 7.50% with revenue increasing by 0.75%. Short interest has decreased by 45.8% since the company's last earnings release while the stock has drifted lower by 51.7% from its open following the earnings release to be 46.9% below its 200 day moving average of $28.95. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, March 30, 2020 there was some notable buying of 8,801 contracts of the $10.00 put expiring on Friday, June 19, 2020. Option traders are pricing in a 16.3% move on earnings and the stock has averaged a 4.3% move in recent quarters. Snap Inc. $12.98 Snap Inc. (SNAP) is confirmed to report earnings at approximately 4:10 PM ET on Tuesday, April 21, 2020. The consensus estimate is for a loss of $0.07 per share on revenue of $426.88 million and the Earnings Whisper ® number is ($0.09) per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat The company's guidance was for revenue of $450.00 million to $470.00 million. Consensus estimates are for year-over-year earnings growth of 50.00% with revenue increasing by 33.22%. Short interest has decreased by 14.5% since the company's last earnings release while the stock has drifted lower by 28.0% from its open following the earnings release to be 18.3% below its 200 day moving average of $15.89. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 9,211 contracts of the $13.50 call expiring on Friday, April 24, 2020. Option traders are pricing in a 17.2% move on earnings and the stock has averaged a 12.9% move in recent quarters. AT&T Corp. $31.23 AT&T Corp. (T) is confirmed to report earnings at approximately 6:50 AM ET on Wednesday, April 22, 2020. The consensus earnings estimate is $0.85 per share on revenue of $44.38 billion and the Earnings Whisper ® number is $0.87 per share. Investor sentiment going into the company's earnings release has 41% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.16% with revenue decreasing by 1.00%. The stock has drifted lower by 18.9% from its open following the earnings release to be 14.0% below its 200 day moving average of $36.30. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, March 31, 2020 there was some notable buying of 50,564 contracts of the $31.00 put expiring on Friday, June 19, 2020. Option traders are pricing in a 5.6% move on earnings and the stock has averaged a 4.7% move in recent quarters. Domino's Pizza, Inc. $362.97 Domino's Pizza, Inc. (DPZ) is confirmed to report earnings at approximately 7:30 AM ET on Thursday, April 23, 2020. The consensus earnings estimate is $2.29 per share on revenue of $867.60 million and the Earnings Whisper ® number is $2.34 per share. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.09% with revenue increasing by 3.78%. Short interest has decreased by 66.9% since the company's last earnings release while the stock has drifted higher by 0.3% from its open following the earnings release to be 29.8% above its 200 day moving average of $279.69. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 679 contracts of the $390.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 9.7% move on earnings and the stock has averaged a 9.6% move in recent quarters. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Here are the most anticipated Earnings Releases for this upcoming trading week ahead. ***Check mark next to the stock symbols denotes confirmed earnings release date & time*** Monday 4.20.20 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 4.20.20 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 4.21.20 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 4.21.20 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 4.22.20 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 4.22.20 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 4.23.20 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 4.23.20 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 4.24.20 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 4.24.20 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES! NONE.
It’s Earnings Season (Or Whatever it is Companies Plan to Report) Thu, Apr 16, 2020 It’s that time of year again. The time when corporate America reports financial results for the prior three months. Normally, we call it earnings season, but given the fact that most of the US economy has been shut down and no timetable is set for when it re-opens, for a lot of companies out there, there really isn’t much in the way of earnings, revenues, or guidance to speak of. Instead, this reporting period will likely be a lot of companies trying to put the best spin on how much (or little) cash they have on hand to withstand the shutdown. Besides the major banks and financials, there hasn’t been a whole lot in the way of reports to speak of, but of the results we have seen, the stock market reaction hasn’t been great as companies like Johnson & Johnson (JNJ), JP Morgan (JPM), Wells Fargo (WFC), Bank of America (BAC), and Goldman Sachs (GS) have all seen negative reactions to their reports. The only large-cap that has really reacted positively to earnings so far is UnitedHealth (UNH) which gained more than 4%. Next week, the pace of reports will pick up, but the peak period for reports won’t be for another two weeks when more than 300 companies will report in a single day.
First Quarter Earnings Preview: Finding the Floor First quarter earnings season will kick off this week with 40 S&P 500 Index companies slated to report results, including several of the biggest banks on Tuesday and Wednesday. Analysts are calling for a roughly 10% year-over-year decline in earnings for the index, as shown in the LPL Chart of the Day, down from the 4% year-over-year increase expected as of January 1. Even the lowered forecast may prove optimistic given some analysts have not adjusted numbers since mid-March in response to the lockdowns in many major cities throughout the country. The focus for investors this quarter will be on finding the floor for companies impacted by COVID-19, particularly those in the hardest-hit industries such as airlines, hotels, brick-and-mortar retail, and restaurants. That means management guidance will take on greater significance. “First quarter earnings season is all about guidance,” said LPL Financial Equity Strategist Jeffrey Buchbinder. “Forecasting has been somewhat of a guessing game with many companies pulling outlooks given the uncertainty, so investors will be looking for help developing credible scenarios depending on how long the stay-at-home orders remain in place.” This environment will also provide an opportunity for some of the best positioned companies to shine. We would expect some of the best performers this quarter to come from the communication services sector, which includes several leading “stay-at-home stocks.” In response to the sector’s prospects, LPL Research upgraded its outlook to positive on Friday. Many consumer staples companies have benefited from shoppers stocking up. Healthcare spending is surging to combat the pandemic, which will help bolster the outlooks for certain companies in that sector. On the flip side, saying the quarter will be tough for energy producers is an understatement with crude prices having fallen more than 60% during the first quarter. Given recent developments, our previous “base case” $158-162 per share estimate for S&P 500 earnings in 2020 appears too optimistic. Given the likelihood that a significant portion of the US economy will be shut down for at least another month, our bear case estimate of $138-142 in S&P 500 earnings per share (EPS), which would represent a typical recession haircut of about 15% from 2019 earnings, looks more reasonable. FactSet’s consensus estimate stands at $150. While the COVID-19 hit to earnings is significant, the rebound after the economy reopens may be just as big. Massive stimulus will help bridge companies to the other side.
Here are the most anticipated earnings releases for the month of April 2020 (confirmed releases)- ($CHWY $WBA $NFLX $KMX $STZ $BAC $LW $JPM $F $INTC $GE $JNJ $PVH $UNF $MMM $WFC $T $BBBY $PG $QCOM $C $TWTR $VZ $AMAT $UNH $GS $AYI $ABT $BIIB $SMPL $CMG $TSM $JFIN $MO $HAL $PFE $VLO $APOG $NG $SCHN $ASND $ERIC) Here are the scheduled earnings releases due out before the market open on Monday morning (4/20/20)- ($INFY $HAL $ALLY $MTB $BOH $PHG $ONB $TFC $BMRC $CBU $LII $KALU)
Here are the scheduled earnings releases due out after the market close today (4/20/20)- ($IBM $EFX $CDNS $ZION $STLD $HXL $ELS $CCK $ADC $PNFP $ACC $SFBS $BMTC $BXS $FFBC $TBK $TSC $HALO $RBB $EFSC $GSBC)
Here are the scheduled earnings releases due out before the market open on Tuesday morning (4/21/20)- ($KO $LMT $PM $HCA $SAP $CMA $PLD $SYF $SNA $TRV $CIT $EMR $FITB $EDU $TECK $PCAR $MAN $MBWM $NTRS $GPK $FHN $PEBO $POL $DOV $SCL $SFNC $WBS $CTG $VNE)
Here are the scheduled earnings releases due out after the market close today (4/21/20)- ($NFLX $SNAP $CMG $TXN $TER $IBKR $NAVI $CB $CP $CSL $USNA $MANH $RLI $FULT $WRB $UCBI $WTFC $OCFT $NBHC $HCSG)
Here are the scheduled earnings releases due out before the market open on Wednesday morning (4/22/20)- ($DAL $T $BIIB $KMB $ERIC $NEE $NDAQ $DGX $STM $NEP $TMO $RCI $BKR $TDY $EVR $LAD $KNX $APH $FCFS $BOKF $CPF $SLGN $IPG $USAP)
Here are the bigger-than-usual earnings moves on Tuesday (4/21/20)- ($CIT $HXL $ACC $PACW $ENTG $FITB $ELS $PM $PNFP $NTRS $FHN $LMT $MAN $CCK $TBK $SAP $BXS $SFNC)
Here are the scheduled earnings releases due out after the market close today (4/22/20)- ($LRCX $LVS $XLNX $CSX $DFS $ORLY $AMTD $AA $KMI $SAM $STX $WHR $NTGR $SNBR $FNF $SLM $MC $HLX $FTI $GGG $CLB $UFPI $SLG $PLXS $SUI $EGBN $PHR $CVBF $BDN $PFBC $UMPQ $TCBI $VMI $RUSHA $LSTR $AXTI $ECHO $LOB $NWE $MMLP $INBK)
Here are the scheduled earnings releases due out before the market open on Thursday morning (4/23/20)- ($DPZ $LUV $LLY $BX $CTXS $HSY $DOW $SAFE $UNP $PHM $CROX $TSCO $WNS $IVZ $DB $GWW $APD $HBAN $FE $SQNS $SBNY $ALLE $ADS $POOL $ODFL $WST $GTLS $FSV $FNB $RS $ORI $FAF $GCAP $ARCH $WSO $UBSI $PTEN $CTS $HZO $SASR)
Here are the bigger-than-usual earnings moves on Wednesday (4/22/20)- ($SNAP $USNA $HCSG $CMG $RLI $NEP $IBKR $MANH $NEE $NBHC $TDY $FULT $STM $BOKF $WRB $DAL $CB $TMO)
Here are the scheduled earnings releases due out after the market close today (4/23/20)- ($INTC $WWE $SKX $COF $EHTH $FE $EW $ETFC $VRSN $LLNW $MLNX $OZK $MMSI $BOOM $ABCB $ASB $CLFD $RHI $SIVB $VLRS $CSFL $TPH $PBCT $SSB $FOR $SEIC $CYBE $GBCI $VICR $MSBI $ACBI $CFB $VCRA $SBFG $EIG $OCFC)
Here are the scheduled earnings releases due out before the market open on Friday morning (4/24/20)- ($VZ $AXP $SNY $FCX $B $SNV $ALV $GNTX $POR $FHB $VNE $INDB $IEX $MOG.A $TRTN $CIVB $AIH $ESXB $SFUN)
Here are the bigger-than-usual earnings moves on Thursday (4/23/20)- ($SNBR $IVZ $CLB $ARCH $LVS $NTGR $POOL $ODFL $EWBC $LOB $RUSHA $GTLS $FAF $WST $ADS $SAFE $SASR $NWE)
