Here are the most notable earnings releases for the trading week beginning January 11th, 2021- ($TSM $JPM $APHA $BLK $WFC $C $CMC $ACI $AZZ $DAL $INFY $KBH $SNX $PNC $SJR $OGI $SLP $LMNR $FRC $INFO $EXPO $BBCP $PRGS $KRUS $WAFD $WIT $VOLT) (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 January 11th, 2021- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Taiwan Semiconductor Manufacturing Company Limited $118.69 Taiwan Semiconductor Manufacturing Company Limited (TSM) is confirmed to report earnings at approximately 6:00 AM ET on Thursday, January 14, 2021. The consensus earnings estimate is $0.92 per share on revenue of $12.90 billion and the Earnings Whisper ® number is $0.96 per share. Investor sentiment going into the company's earnings release has 72% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 26.03% with revenue increasing by 24.11%. The stock has drifted higher by 36.0% from its open following the earnings release to be 58.6% above its 200 day moving average of $74.86. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, January 4, 2021 there was some notable buying of 20,665 contracts of the $125.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 5.1% move on earnings and the stock has averaged a 2.0% move in recent quarters. JPMorgan Chase & Co. $136.02 JPMorgan Chase & Co. (JPM) is confirmed to report earnings at approximately 6:55 AM ET on Friday, January 15, 2021. The consensus earnings estimate is $2.69 per share on revenue of $28.18 billion and the Earnings Whisper ® number is $2.74 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.67% with revenue decreasing by 17.34%. Short interest has increased by 7.1% since the company's last earnings release while the stock has drifted higher by 32.1% from its open following the earnings release to be 33.7% above its 200 day moving average of $101.71. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, January 4, 2021 there was some notable buying of 126,920 contracts of the $100.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 3.5% move on earnings and the stock has averaged a 1.7% move in recent quarters. Aphria Inc. $8.57 Aphria Inc. (APHA) is confirmed to report earnings at approximately 8:00 AM ET on Thursday, January 14, 2021. The consensus estimate is for a loss of $0.02 per share on revenue of $119.39 million and the Earnings Whisper ® number is ($0.01) per share. Investor sentiment going into the company's earnings release has 69% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue increasing by 30.66%. Short interest has decreased by 38.3% since the company's last earnings release while the stock has drifted higher by 60.5% from its open following the earnings release to be 56.8% above its 200 day moving average of $5.46. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, January 7, 2021 there was some notable buying of 5,280 contracts of the $10.50 call expiring on Friday, January 15, 2021. Option traders are pricing in a 16.4% move on earnings and the stock has averaged a 19.2% move in recent quarters. BlackRock, Inc. $756.45 BlackRock, Inc. (BLK) is confirmed to report earnings at approximately 6:15 AM ET on Thursday, January 14, 2021. The consensus earnings estimate is $8.61 per share on revenue of $4.27 billion and the Earnings Whisper ® number is $9.09 per share. Investor sentiment going into the company's earnings release has 66% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 3.24% with revenue increasing by 7.37%. Short interest has increased by 26.4% since the company's last earnings release while the stock has drifted higher by 19.3% from its open following the earnings release to be 30.8% above its 200 day moving average of $578.46. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, December 21, 2020 there was some notable buying of 1,280 contracts of the $520.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 3.7% move on earnings and the stock has averaged a 2.7% move in recent quarters. Wells Fargo & Co. $33.19 Wells Fargo & Co. (WFC) is confirmed to report earnings at approximately 7:55 AM ET on Friday, January 15, 2021. The consensus earnings estimate is $0.60 per share on revenue of $18.05 billion and the Earnings Whisper ® number is $0.73 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 35.48% with revenue decreasing by 25.58%. Short interest has decreased by 6.5% since the company's last earnings release while the stock has drifted higher by 36.8% from its open following the earnings release to be 23.7% above its 200 day moving average of $26.82. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, January 7, 2021 there was some notable buying of 36,777 contracts of the $35.00 call expiring on Friday, February 19, 2021. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 4.1% move in recent quarters. Citigroup, Inc. $65.37 Citigroup, Inc. (C) is confirmed to report earnings at approximately 8:00 AM ET on Friday, January 15, 2021. The consensus earnings estimate is $1.34 per share on revenue of $16.51 billion and the Earnings Whisper ® number is $1.39 per share. Investor sentiment going into the company's earnings release has 60% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 29.47% with revenue decreasing by 33.76%. Short interest has increased by 52.6% since the company's last earnings release while the stock has drifted higher by 41.7% from its open following the earnings release to be 32.4% above its 200 day moving average of $49.38. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 5, 2021 there was some notable buying of 5,009 contracts of the $62.00 put expiring on Friday, January 15, 2021. Option traders are pricing in a 4.6% move on earnings and the stock has averaged a 2.9% move in recent quarters. Commercial Metals Company $22.56 Commercial Metals Company (CMC) is confirmed to report earnings at approximately 6:45 AM ET on Monday, January 11, 2021. The consensus earnings estimate is $0.56 per share on revenue of $1.36 billion and the Earnings Whisper ® number is $0.62 per share. Investor sentiment going into the company's earnings release has 36% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 23.29% with revenue decreasing by 1.78%. Short interest has increased by 1.7% since the company's last earnings release while the stock has drifted higher by 3.3% from its open following the earnings release to be 14.4% above its 200 day moving average of $19.72. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 8, 2021 there was some notable buying of 2,322 contracts of the $24.00 call expiring on Friday, January 15, 2021. Option traders are pricing in a 10.0% move on earnings and the stock has averaged a 4.2% move in recent quarters. Albertsons Companies, Inc. $16.61 Albertsons Companies, Inc. (ACI) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, January 12, 2021. The consensus earnings estimate is $0.42 per share on revenue of $15.38 billion and the Earnings Whisper ® number is $0.55 per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. The stock has drifted higher by 8.6% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 5, 2021 there was some notable buying of 5,759 contracts of the $17.50 call expiring on Friday, April 16, 2021. Option traders are pricing in a 10.7% move on earnings and the stock has averaged a 5.6% move in recent quarters. AZZ Inc. $49.40 AZZ Inc. (AZZ) is confirmed to report earnings at approximately 6:30 AM ET on Monday, January 11, 2021. The consensus earnings estimate is $0.58 per share on revenue of $207.50 million. Investor sentiment going into the company's earnings release has 32% expecting an earnings beat The company's guidance was for earnings of at least $0.50 per share on revenue of at least $204.00 million. Consensus estimates are for earnings to decline year-over-year by 30.95% with revenue decreasing by 28.73%. Short interest has increased by 15.3% since the company's last earnings release while the stock has drifted higher by 37.5% from its open following the earnings release to be 41.8% above its 200 day moving average of $34.84. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 10.8% move on earnings and the stock has averaged a 8.0% move in recent quarters. Delta Air Lines, Inc. $40.02 Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 8:30 AM ET on Thursday, January 14, 2021. The consensus estimate is for a loss of $2.39 per share on revenue of $3.67 billion and the Earnings Whisper ® number is ($2.62) per share. Investor sentiment going into the company's earnings release has 32% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 240.59% with revenue decreasing by 67.92%. Short interest has decreased by 27.1% since the company's last earnings release while the stock has drifted higher by 25.5% from its open following the earnings release to be 31.9% above its 200 day moving average of $30.34. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, January 7, 2021 there was some notable buying of 8,426 contracts of the $41.00 call expiring on Friday, February 19, 2021. Option traders are pricing in a 5.8% move on earnings and the stock has averaged a 2.3% 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 1.11.21 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 1.11.21 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 1.12.21 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 1.12.21 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 1.13.21 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 1.13.21 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 1.14.21 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 1.14.21 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 1.115.21 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 1.15.21 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES! NONE.
Earnings season officially kicks off this week. So to prepare everyone this month, here is EW's most anticipated monthly earnings calendar- (NOTE: These are only showing "confirmed" released dates!)
So earnings season officially kicks off for the financials tomorrow. Earnings Whispers just put out a monthly calendar highlighting some of those notable companies coming out this month. (NOTE: These only show the "confirmed" release dates)
Here are the scheduled earnings releases due out after the market close today and before the market open on Thursday (1/14/21)- ($TSM $APHA $BLK $DAL $FRC $WAFD $VOLT)
Financials Ready to Kick Off Earnings Season Wed, Jan 13, 2021 We’re thirteen days into the first quarter of 2021, but it won’t be until tomorrow when we’ll see multiple S&P 500 companies all come out and report their latest earnings results. As shown in the table below, seven S&P 500 companies will be reporting results on Thursday and Friday. Things kick off tomorrow with results from BlackRock (BLK), Delta (DAL), and First Republic (FRC), while on Friday morning four large banks will all give us a look at how they fared in the fourth quarter. Using performance results from our Earnings Database, none of the companies scheduled to report have tended to see particularly impressive reactions to their results. Of the seven companies listed, just two—BLK and DAL—have seen average one-day gains of more than 1% on their earnings reaction days, while three—FRC, C, and PNC—have actually averaged declines. In terms of their actual results relative to expectations, JPMorgan Chase (JPM) has exceeded EPS forecasts more than 80% of the time while PNC has topped revenue forecasts just under 70% of the time. With respect to guidance, none of these companies reporting have historically been known for issuing upside guidance. On that front, PNC tops the list, but it has issued upside guidance in an earnings report less than 3% of the time.
Here are the scheduled earnings releases due out after the market close today and before the market open on Friday (1/15/21)- ($JPM $WFC $C $PNC $PRGS)
