Here are the most notable earnings releases for the trading week beginning April 29th, 2019- ($AAPL $AMD $GE $SQ $SPOT $GOOGL $CVS $SHOP $MA $QCOM $MCD $TWLO $MDR $PFE $X $MRK $WDC $GM $ATVI $BP $AKS $ON (Sat) $L $ABMD $AMRN $TNDM $TEVA $YETI $CI $GLW $W $MGM $ECA $STX $ZBRA $SALT $ARLP $APRN $AMGN $FEYE $FTNT $ANET $LLY) (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 29th, 2019- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Apple, Inc. $204.30 Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $2.37 per share on revenue of $57.60 billion and the Earnings Whisper ® number is $2.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat The company's guidance was for earnings of $2.10 to $2.47 per share. Consensus estimates are for earnings to decline year-over-year by 13.19% with revenue decreasing by 5.79%. Short interest has increased by 31.0% since the company's last earnings release while the stock has drifted higher by 25.1% from its open following the earnings release to be 6.6% above its 200 day moving average of $191.70. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 18, 2019 there was some notable buying of 12,176 contracts of the $195.00 put expiring on Friday, May 3, 2019. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 5.1% move in recent quarters. Advanced Micro Devices, Inc. $27.88 Advanced Micro Devices, Inc. (AMD) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $0.05 per share on revenue of $1.26 billion and the Earnings Whisper ® number is $0.05 per share. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.55% with revenue decreasing by 23.50%. Short interest has decreased by 13.1% since the company's last earnings release while the stock has drifted higher by 29.7% from its open following the earnings release to be 20.1% above its 200 day moving average of $23.21. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, April 17, 2019 there was some notable buying of 13,780 contracts of the $26.00 call expiring on Friday, May 17, 2019. Option traders are pricing in a 11.7% move on earnings and the stock has averaged a 13.9% move in recent quarters. General Electric Co. $9.57 General Electric Co. (GE) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $0.09 per share on revenue of $26.92 billion and the Earnings Whisper ® number is $0.09 per share. Investor sentiment going into the company's earnings release has 27% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 43.75% with revenue decreasing by 6.07%. Short interest has decreased by 16.3% since the company's last earnings release while the stock has drifted lower by 3.7% from its open following the earnings release to be 9.3% below its 200 day moving average of $10.55. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, April 8, 2019 there was some notable buying of 126,714 contracts of the $9.50 put expiring on Friday, May 3, 2019. Option traders are pricing in a 8.8% move on earnings and the stock has averaged a 5.4% move in recent quarters. Square, Inc. $71.55 Square, Inc. (SQ) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, May 1, 2019. The consensus earnings estimate is $0.08 per share on revenue of $937.63 million and the Earnings Whisper ® number is $0.10 per share. Investor sentiment going into the company's earnings release has 77% expecting an earnings beat The company's guidance was for earnings of $0.06 to $0.08 per share on revenue of $472.00 million to $482.00 million. Consensus estimates are for year-over-year earnings growth of 33.33% with revenue increasing by 40.24%. Short interest has decreased by 9.2% since the company's last earnings release while the stock has drifted lower by 5.8% from its open following the earnings release to be 2.7% below its 200 day moving average of $73.52. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, April 18, 2019 there was some notable buying of 6,448 contracts of the $73.00 call expiring on Friday, May 24, 2019. Option traders are pricing in a 7.2% move on earnings and the stock has averaged a 4.2% move in recent quarters. Spotify Technology S.A. $138.25 Spotify Technology S.A. (SPOT) is confirmed to report earnings at approximately 6:05 AM ET on Monday, April 29, 2019. The consensus estimate is for a loss of $0.37 per share on revenue of $1.67 billion. Investor sentiment going into the company's earnings release has 63% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 63.37% with revenue increasing by 46.62%. Short interest has increased by 24.5% since the company's last earnings release while the stock has drifted higher by 6.4% from its open following the earnings release to be 8.3% below its 200 day moving average of $150.84. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, April 22, 2019 there was some notable buying of 1,373 contracts of the $143.00 call expiring on Friday, May 3, 2019. Option traders are pricing in a 8.2% move on earnings and the stock has averaged a 4.7% move in recent quarters. Alphabet, Inc. - Alphabet, Inc. (GOOGL) is confirmed to report earnings at approximately 4:00 PM ET on Monday, April 29, 2019. The consensus earnings estimate is $10.56 per share on revenue of $29.98 billion and the Earnings Whisper ® number is $10.83 per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 6.34% with revenue decreasing by 3.74%. Short interest has decreased by 13.5% since the company's last earnings release while the stock has drifted higher by 13.1% from its open following the earnings release to be 11.2% above its 200 day moving average of $1,148.55. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, April 25, 2019 there was some notable buying of 1,229 contracts of the $1,300.00 call expiring on Friday, May 3, 2019. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 3.5% move in recent quarters. CVS Health $53.53 CVS Health (CVS) is confirmed to report earnings at approximately 6:55 AM ET on Wednesday, May 1, 2019. The consensus earnings estimate is $1.50 per share on revenue of $60.47 billion and the Earnings Whisper ® number is $1.54 per share. Investor sentiment going into the company's earnings release has 70% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 1.35% with revenue increasing by 32.34%. Short interest has increased by 9.1% since the company's last earnings release while the stock has drifted lower by 15.9% from its open following the earnings release to be 20.8% below its 200 day moving average of $67.60. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, April 10, 2019 there was some notable buying of 33,397 contracts of the $55.00 call and 32,280 contracts of the $52.50 put expiring on Friday, May 17, 2019. Option traders are pricing in a 5.7% move on earnings and the stock has averaged a 4.9% move in recent quarters. Shopify Inc. $222.28 Shopify Inc. (SHOP) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, April 30, 2019. The consensus estimate is for a loss of $0.06 per share on revenue of $309.93 million and the Earnings Whisper ® number is $0.01 per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat The company's guidance was for revenue of $305.00 million to $310.00 million. Consensus estimates are for earnings to decline year-over-year by 400.00% with revenue increasing by 44.60%. Short interest has increased by 8.2% since the company's last earnings release while the stock has drifted higher by 35.8% from its open following the earnings release to be 38.1% above its 200 day moving average of $161.00. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, April 23, 2019 there was some notable buying of 650 contracts of the $185.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 8.3% move on earnings and the stock has averaged a 5.6% move in recent quarters. Mastercard Inc $246.68 Mastercard Inc (MA) is confirmed to report earnings at approximately 8:00 AM ET on Tuesday, April 30, 2019. The consensus earnings estimate is $1.67 per share on revenue of $3.88 billion and the Earnings Whisper ® number is $1.70 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 11.33% with revenue increasing by 8.38%. Short interest has decreased by 23.2% since the company's last earnings release while the stock has drifted higher by 17.6% from its open following the earnings release to be 17.6% above its 200 day moving average of $209.81. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, April 24, 2019 there was some notable buying of 1,525 contracts of the $255.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 3.1% move on earnings and the stock has averaged a 2.3% move in recent quarters. QUALCOMM Incorporated $86.64 QUALCOMM Incorporated (QCOM) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, May 1, 2019. The consensus earnings estimate is $0.70 per share on revenue of $4.80 billion and the Earnings Whisper ® number is $0.76 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat The company's guidance was for earnings of $1.05 to $1.15 per share. Consensus estimates are for earnings to decline year-over-year by 14.63% with revenue decreasing by 8.76%. Short interest has decreased by 66.2% since the company's last earnings release while the stock has drifted higher by 69.2% from its open following the earnings release to be 42.3% above its 200 day moving average of $60.89. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, April 23, 2019 there was some notable buying of 23,029 contracts of the $95.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 6.1% move on earnings and the stock has averaged a 3.8% move in recent quarters. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Here are the most anticipated Earnings Releases for this upcoming trading week ahead. ***Check mark next to the stock symbols denotes confirmed earnings release date & time*** Monday 4.29.19 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 4.29.19 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 4.30.19 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 4.30.19 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 5.1.19 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 5.1.19 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 5.2.19 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 5.2.19 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 5.3.19 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 5.3.19 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES! NONE.
Here are the scheduled earnings releases due out before the market open on Monday morning (4/29/19)- ($SPOT $MDR $ON $L $ARLP $DO $NSP $SALT $SOGO $CTB $AWI $CADE $CNA $DORM $MCY $OPB $SOHU $ILPT $PHG $CYOU $FMX $QSR $BFRA $PROV)
Update on Earnings and Sales Beat Rates Mon, Apr 29, 2019 In last week's Bespoke Report newsletter sent to clients, we provided our first in-depth read on the first quarter earnings season. Our Earnings Explorer tool that's available to clients also provides real-time updates so that users can stay on top of overall beat rates as well as results from individual companies. It's an amazing feature that you should really check out if you have not yet done so! Start a two-week trial to Bespoke Institutional to access our Earnings Explorer and everything else we have to offer. Below is a snapshot from one section of the Earnings Explorer on our website that shows the rolling 3-month EPS and sales beat rate for US companies reporting earnings. The charts show the beat rates over the last six months, but you can toggle between six months, one year, five years, and all years (20). As shown, the bottom-line earnings per share beat rate had been trending lower since since late 2018, but in recent weeks it has begun to tick higher, indicating companies are having an easier time beating EPS estimates lately. At the same time, the top-line sales beat rate has been steadily trending lower over the last two months to its current level of 58.54%. Both the EPS and sales beat rates remain above their long-term averages, however. When it comes to beat rates, we'd always prefer a stronger top-line beat rate than a stronger bottom-line beat rate, because it's much easier for companies to maneuver an earnings beat than a sales beat. Unfortunately, that's not the case right now.
Here are the scheduled earnings releases due out after the market close today (4/29/19)- ($GOOGL $WDC $AKS $MGM $CHGG $NXPI $RIG $MOH $YUMC $CNI $CGNX $KMPR $PI $LOGI $NBIX $WWD $MEDP $THC $TXRH $CR $SRE $CLR $CACC $OMF $MKSI $LEG $VRNS $JJSF $ARE $JBT $PCH $SBAC $RGA $CHE $BHLB $IVAC $GAIA $TBI $ETH $BRKS $TNET)
Here are the scheduled earnings releases due out before the market open on Tuesday morning (4/30/19)- ($GE $SHOP $MA $MCD $PFE $GM $MRK $BP $GLW $STX $LLY $APRN $ECA $ZBRA $COP $LL $HCA $CMI $PSX $INCY $WCG $CHTR $PCAR $FLWS $BHGE $ARNC $WRK $I $FDC $NEO $ETN $R $IR $LOVE $WH $OSK $EEFT $TECH $MDSO $CRI $EAT $AOS)
Here are the scheduled earnings releases due out after the market close today (4/30/19)- ($AAPL $AMD $TWLO $TNDM $AMGN $FEYE $PAYC $GRPN $TDOC $ZEN $SSNC $EXAS $AKAM $VRTX $DVN $FTR $MRCY $ENPH $NBR $ARLO $AMED $MDLZ $CXO $COHR $BGFV $BXP $DENN $FISV $CENX $FLEX $CYH $LSCC $IPHI $MKL $CAMP $CB $APY $OLN $VCYT $OKE)
Here are the scheduled earnings releases due out before the market open on Wednesday morning (5/1/19)- ($CVS $AMRN $EL $HUM $CLX $ADP $RCL $YUM $GRMN $HLIT $TAP $HRS $AAWW $SMG $CME $AMCX $EPD $DIN $LLL $STRA $AME $TRVG $SU $NRZ $CG $PBI $SO $TEX $IDXX $SPR $SLCA $KBR $CDW $CCJ $BBSI $JCI $IIVI $MMP $ALNY $TPB $WYND)
Here are the scheduled earnings releases due out after the market close today (5/1/19)- ($SQ $QCOM $ZNGA $FIT $MRO $AYX $EXEL $CREE $DXCM $XPO $CZR $APA $ACAD $FIVN $MED $ALL $CAKE $CAR $MET $QLYS $PRU $AUY $AR $NLY $WPX $WMB $CRUS $EQIX $MFC $WTI $OTEX $AWK $O $WHD $BLDP $CDAY $HABT $CACI $MIC $NE $NGVT $CF)
Here are the scheduled earnings releases due out before the market open on Thursday morning (5/2/19)- ($TEVA $ABMD $YETI $CI $W $UAA $DWDP $K $PCG $DNKN $WLL $CTSH $ABC $ATRS $DISCA $AVP $ZTS $BTE $APO $SSYS $HBI $GPN $RDS.A $HFC $SFM $NVCR $CHD $FND $DLPH $ONDK $PENN $STOR $BCE $WP $PPL $MNTA $PH $VMC $ICD $ACOR $NRG)
Here are the scheduled earnings releases due out after the market close today (5/2/19)- ($ATVI $X $ANET $GILD $FTNT $SWKS $PLNT $OLED $FSLR $EXPE $DATA $SHAK $FNKO $MELI $NVAX $GDDY $MNST $EOG $VKTX $ACIA $CBS $CRC $LGND $HLF $APPN $ZIXI $LOCO $PCTY $RMD $APPF $UPLD $TTOO $CC $MSI $RPD $CARB $CBLK $BL $PVG $ED)
Here are the scheduled earnings releases due out before the market open on Friday morning (5/3/19)- ($NWL $AMT $D $VST $DISH $FCAU $CBOE $NBLX $WPC $JOUT $NBL $CIVB $IMGN $AXL $ESNT $GLOG $XRAY $RUTH $BIP $ROCK $OPI $ITT $KOP $HMSY $CIO $OFS $SNR $TRP $TWI $VIRT $ASIX $HSBC $NVO $BCPC $NJR $NP $FRAN $EQNR)
Here are today's bigger-than-usual earnings moves (5/2/19)- ($NVTR $FLR $RLGY $EB $AEGN $IRWD $MCRB $CASA $WLH $PDCE $ARW $BERY $WTI $SWM $WLK $SQ $MSGN $PRFT)
