Here are the most notable earnings releases for the trading week beginning January 13th, 2019- ($JPM $APHA $BAC $DAL $UNH $C $WFC $INFO $GS $BLK $PNC $FRC $USB $SLB $PPG $FAST $WIT $LMNR $KSU $TSM $WNS $SJR $AA $BK $CSX $MS $JBHT $HOMB $SCHW $RF $OGI $STT $BBCP $CFG $HWC $WAFD $PRGS $EGBN $OZK $BEDU $PBCT $FHN $INDB $VOLT $BMTC) (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 13th, 2019- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ JPMorgan Chase & Co. $136.07 JPMorgan Chase & Co. (JPM) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, January 14, 2020. The consensus earnings estimate is $2.32 per share on revenue of $27.31 billion and the Earnings Whisper ® number is $2.36 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 17.17% with revenue decreasing by 16.72%. Short interest has increased by 11.6% since the company's last earnings release while the stock has drifted higher by 14.5% from its open following the earnings release to be 15.8% above its 200 day moving average of $117.48. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, January 7, 2020 there was some notable buying of 4,246 contracts of the $135.00 put expiring on Friday, February 21, 2020. Option traders are pricing in a 2.9% move on earnings and the stock has averaged a 1.8% move in recent quarters. Aphria Inc. $4.94 Aphria Inc. (APHA) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, January 14, 2020. The consensus estimate is for a loss of $0.01 per share on revenue of $100.88 million and the Earnings Whisper ® number is $0.00 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue increasing by 508.48%. Short interest has increased by 30.2% since the company's last earnings release while the stock has drifted lower by 5.7% from its open following the earnings release to be 26.3% below its 200 day moving average of $6.70. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 15.7% move on earnings and the stock has averaged a 21.4% move in recent quarters. Bank of America Corp. $34.74 Bank of America Corp. (BAC) is confirmed to report earnings at approximately 6:50 AM ET on Wednesday, January 15, 2020. The consensus earnings estimate is $0.68 per share on revenue of $22.15 billion and the Earnings Whisper ® number is $0.72 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 2.86% with revenue decreasing by 21.64%. Short interest has increased by 7.8% since the company's last earnings release while the stock has drifted higher by 14.2% from its open following the earnings release to be 12.6% above its 200 day moving average of $30.86. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, December 27, 2019 there was some notable buying of 7,796 contracts of the $33.00 put expiring on Friday, February 7, 2020. Option traders are pricing in a 3.2% move on earnings and the stock has averaged a 2.6% move in recent quarters. Delta Air Lines, Inc. $59.24 Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, January 14, 2020. The consensus earnings estimate is $1.40 per share on revenue of $11.34 billion and the Earnings Whisper ® number is $1.44 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat The company's guidance was for earnings of $1.20 to $1.50 per share. Consensus estimates are for year-over-year earnings growth of 7.69% with revenue increasing by 5.57%. Short interest has decreased by 7.5% since the company's last earnings release while the stock has drifted higher by 14.0% from its open following the earnings release to be 4.2% above its 200 day moving average of $56.86. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 10, 2020 there was some notable buying of 5,074 contracts of the $60.00 call expiring on Friday, January 31, 2020. Option traders are pricing in a 3.9% move on earnings and the stock has averaged a 1.6% move in recent quarters. UnitedHealth Group, Inc. $295.13 UnitedHealth Group, Inc. (UNH) is confirmed to report earnings at approximately 5:55 AM ET on Wednesday, January 15, 2020. The consensus earnings estimate is $3.77 per share on revenue of $61.15 billion and the Earnings Whisper ® number is $3.86 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 14.94% with revenue increasing by 4.68%. Short interest has increased by 23.0% since the company's last earnings release while the stock has drifted higher by 26.8% from its open following the earnings release to be 18.9% above its 200 day moving average of $248.27. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 3.6% move on earnings and the stock has averaged a 4.2% move in recent quarters. Citigroup, Inc. $79.25 Citigroup, Inc. (C) is confirmed to report earnings at approximately 8:00 AM ET on Tuesday, January 14, 2020. The consensus earnings estimate is $1.82 per share on revenue of $17.84 billion and the Earnings Whisper ® number is $1.87 per share. Investor sentiment going into the company's earnings release has 50% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 13.04% with revenue decreasing by 25.60%. Short interest has increased by 4.6% since the company's last earnings release while the stock has drifted higher by 12.9% from its open following the earnings release to be 13.6% above its 200 day moving average of $69.76. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, December 24, 2019 there was some notable buying of 5,070 contracts of the $80.00 put expiring on Friday, June 19, 2020. Option traders are pricing in a 3.1% move on earnings and the stock has averaged a 1.6% move in recent quarters. Wells Fargo & Co. $52.50 Wells Fargo & Co. (WFC) is confirmed to report earnings at approximately 8:00 AM ET on Tuesday, January 14, 2020. The consensus earnings estimate is $1.12 per share on revenue of $19.87 billion and the Earnings Whisper ® number is $1.15 per share. Investor sentiment going into the company's earnings release has 49% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 7.44% with revenue decreasing by 21.33%. Short interest has decreased by 10.5% since the company's last earnings release while the stock has drifted higher by 6.5% from its open following the earnings release to be 7.9% above its 200 day moving average of $48.67. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, January 10, 2020 there was some notable buying of 4,740 contracts of the $27.50 call expiring on Friday, January 17, 2020. Option traders are pricing in a 3.1% move on earnings and the stock has averaged a 1.9% move in recent quarters. IHS Markit Ltd. $78.26 IHS Markit Ltd. (INFO) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, January 14, 2020. The consensus earnings estimate is $0.61 per share on revenue of $1.12 billion and the Earnings Whisper ® number is $0.62 per share. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 10.91% with revenue increasing by 4.89%. Short interest has increased by 70.4% since the company's last earnings release while the stock has drifted higher by 19.5% from its open following the earnings release to be 21.0% above its 200 day moving average of $64.70. Overall earnings estimates have been revised lower since the company's last earnings release. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 2.7% move in recent quarters. Goldman Sachs Group, Inc. $242.11 Goldman Sachs Group, Inc. (GS) is confirmed to report earnings at approximately 6:25 AM ET on Wednesday, January 15, 2020. The consensus earnings estimate is $5.18 per share on revenue of $8.55 billion and the Earnings Whisper ® number is $5.97 per share. Investor sentiment going into the company's earnings release has 70% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 14.24% with revenue increasing by 5.82%. Short interest has increased by 2.0% since the company's last earnings release while the stock has drifted higher by 19.9% from its open following the earnings release to be 16.5% above its 200 day moving average of $207.88. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, January 7, 2020 there was some notable buying of 3,462 contracts of the $237.50 call expiring on Friday, January 17, 2020. Option traders are pricing in a 3.4% move on earnings and the stock has averaged a 3.1% move in recent quarters. BlackRock, Inc. $512.18 BlackRock, Inc. (BLK) is confirmed to report earnings at approximately 6:00 AM ET on Wednesday, January 15, 2020. The consensus earnings estimate is $7.65 per share on revenue of $3.81 billion and the Earnings Whisper ® number is $7.71 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 25.82% with revenue increasing by 10.95%. Short interest has decreased by 4.6% since the company's last earnings release while the stock has drifted higher by 17.0% from its open following the earnings release to be 12.2% above its 200 day moving average of $456.57. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 2.7% move on earnings and the stock has averaged a 2.4% 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 1.6.20 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 1.6.20 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 1.7.20 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 1.7.20 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 1.8.20 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 1.8.20 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 1.9.20 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 1.9.20 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 1.10.20 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 1.10.20 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES! NONE.
Here are the scheduled earnings releases due out after the market close today and before the market open on Tuesday morning (1/14/20)- ($JPM $APHA $DAL $C $WFC $INFO $FRC $WIT $LMNR)
B.I.G. Tips - Can Earnings Season Keep The Bulls Charging? Mon, Jan 13, 2020 It was only three months ago that we were looking forward to earnings season providing a change of pace from the non stop headlines related to the trade war with China. Today, it’s the exact opposite. With the market seemingly doing nothing but trade higher, the upcoming earnings season is more of a concern over whether company reports will be good enough to keep the bulls on their feet. We’ll have our answer soon enough, though, as earnings season kicks off this week. This week‘s batch of reports will be on the light side as just 25 companies are scheduled to report. The fact that only a small number of companies are reporting, though, doesn’t diminish their importance. On Tuesday morning alone we’ll hear from Citigroup (C ), JP Morgan (JPM), and Wells Fargo (WFC). Wednesday morning will be another busy one for the big Financials with Bank of America (BAC), Blackrock (BLK), Goldman Sachs (GS), PNC, and US Bancorp (USB) all reporting. Outside of the Financials sector, we’ll also hear from Dow component UnitedHealth (UNH).
The 40 Most Volatile Stocks on Earnings Mon, Jan 13, 2020 The Q4 2019 earnings reporting period starts up Tuesday with a number of key financials firms set to report, including Citigroup (C), JP Morgan (JPM), and Wells Fargo (WFC). Below is a snapshot of the number of earnings reports expected by day over the next month from our Earnings Explorer tool that's available to Bespoke members. As shown, even though earnings season starts up this week, things don't really pick up until the end of January. As we do at the start of each quarterly earnings season, below is a list of the individual stocks that have historically been the most volatile on their earnings reaction days. These are stocks that experience the biggest average absolute one-day percentage change on the first trading day following the release of their quarterly earnings reports. To make the list, a stock has to have at least 10 years (40 quarters) worth of earnings reports in our Earnings Explorer database. Infinera (INFN) is the most volatile stock on earnings with an average absolute one-day change of 14.90% on its 49 quarterly reports. YRC Worldwide (YRCW) ranks as the second-most volatile with an average one-day change of +/-13.00%, followed by Travelzoo (TZOO) at +/-12.79%. The most notable stocks on the list are Netflix (NFLX) and Amazon (AMZN). Netflix (NFLX) ranks as the 4th most volatile earnings stock on the list of companies with at least 10 years of reports. NFLX has averaged a one-day move of +/-12.63% on the 70 quarterly earnings reports it has had in its history as a public company. While not as volatile on earnings as NFLX, Amazon (AMZN) has historically averaged an absolute change of 8.74% on its 73 earnings reaction days in our database. That ranks AMZN as the 35th most volatile stock on earnings with at least 10 years worth of data. Below is a list of the most volatile stocks on earnings with less than 10 years of quarterly earnings data. Arlo Technologies (ARLO) ranks at the top with an average one-day change of +/-18.50% on its six prior earnings reaction days. Container Store (TCS) ranks second at +/-17.33%, followed by Snap (SNAP) at +/-17.21%. Other notables on the list include Yelp (YELP), Canada Goose (GOOS), Groupon (GRPN), Under Armour (UAA), Twitter (TWTR), GrubHub (GRUB), Twilio (TWLO), Yeti (YETI), and TripAdvisor (TRIP).
Here are the scheduled earnings releases due out after the market close today and before the market open on Wednesday morning (1/15/20)- ($BAC $UNH $GS $BLK $PNC $USB $OGI $BBCP $WAFD)
Here are the scheduled earnings releases due out after the market close today and before the market open on Thursday morning (1/16/20)- ($TSM $MS $PPG $SCHW $WNS $AA $BK $HOMB $HWC $EGBN $VOLT)
Q4 Earnings Season is All About 2020 Fourth quarter earnings season kicked off this week with 24 S&P 500 Index companies slated to report results. Our expectations are for a marginal increase in S&P 500 earnings per share (EPS) on a year-over-year basis, based on current FactSet consensus estimates (-2% year over year) and the average historical upside of roughly 3 percentage points. We’ve become accustomed to meager earnings growth. As shown in the LPL Chart of the Day, if fourth quarter results are anywhere near expectations, 2019 will end up as a year with S&P 500 returns of more than 30% and no corporate earnings growth to speak of. That means expanding stock valuations drove the market’s gains last year, a trend we do not expect to continue. “We expect earnings growth to drive stock market gains in 2020,” said LPL Financial Chief Investment Strategist John Lynch. “With valuations elevated, corporate America will probably have to do the heavy lifting to get stocks much above current levels.” Accordingly, the key to this reporting season will be whether the optimistic growth outlook reflected in consensus earnings estimates for this year remains intact after companies issue guidance. Many companies will be commenting on 2020 for the first time. Our estimate of $175 per share in S&P 500 EPS for the entire year represents a 6–7% increase from our $165 forecast for 2019. Based on the latest consensus estimates, that growth rate may get pushed up a bit. We still think $175 is attainable if capital investment picks up after stalling last year and wage growth remains stable. Trade progress may help. The United States and China will sign the phase-one trade deal later today. While negotiations on the next phase will be tougher and could even stall out, businesses would welcome the additional clarity that de-escalation can provide, something that clearly weighed on corporate profits last year.
Here are the scheduled earnings releases due out after the market close today and before the market open on Friday morning (1/17/20)- ($SLB $FAST $KSU $JBHT $CSX $STT $RF $CFG $PRGS $FHN $OZK $PBCT $INDB $BEDU $BMTC)
