Here are the most notable earnings releases for the trading week beginning May 27th, 2019- ($NIO $MOMO $GOOS $COST $PANW $ZS $OKTA $WDAY $NTNX $ULTA $DKS $VEEV $ANF $BZUN $DG $DLTR $BNS $YY $MRVL $ASND $CSIQ $CPRI $BAH $BURL $VMW $AMWD $KEYS $ZUO $BMO $PLAN $JT $HEI $GPS $NXGN $PVH $QTNT $NM $EXPR $SAFM $BITA $CMCO) (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 May 27th, 2019- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ NIO Inc. $3.86 NIO Inc. (NIO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. Investor sentiment going into the company's earnings release has 47% expecting an earnings beat The company's guidance was for revenue of $202.00 million to $220.00 million. Short interest has increased by 127.4% since the company's last earnings release while the stock has drifted lower by 53.3% from its open following the earnings release. On Friday, May 17, 2019 there was some notable buying of 20,289 contracts of the $4.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 16.5% move on earnings and the stock has averaged a 12.7% move in recent quarters. Momo Inc. $26.02 Momo Inc. (MOMO) is confirmed to report earnings at approximately 4:30 AM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.54 per share on revenue of $533.07 million and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of $529.00 million to $544.00 million. Consensus estimates are for earnings to decline year-over-year by 21.74% with revenue increasing by 22.51%. Short interest has decreased by 3.1% since the company's last earnings release while the stock has drifted lower by 27.9% from its open following the earnings release to be 25.6% below its 200 day moving average of $34.98. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, May 10, 2019 there was some notable buying of 2,208 contracts of the $30.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 13.3% move on earnings and the stock has averaged a 13.0% move in recent quarters. Canada Goose Holdings Inc. $47.89 Canada Goose Holdings Inc. (GOOS) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $0.02 per share on revenue of $118.39 million and the Earnings Whisper ® number is $0.06 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 71.43% with revenue increasing by 19.86%. Short interest has increased by 24.8% since the company's last earnings release while the stock has drifted lower by 19.9% from its open following the earnings release to be 18.7% below its 200 day moving average of $58.93. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 11.1% move on earnings and the stock has averaged a 15.0% move in recent quarters. Costco Wholesale Corp. $247.30 Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $1.83 per share on revenue of $34.80 billion and the Earnings Whisper ® number is $1.84 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 7.65% with revenue increasing by 7.54%. Short interest has decreased by 2.4% since the company's last earnings release while the stock has drifted higher by 9.7% from its open following the earnings release to be 9.2% above its 200 day moving average of $226.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, May 14, 2019 there was some notable buying of 3,428 contracts of the $250.00 call expiring on Friday, May 31, 2019. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 4.0% move in recent quarters. Palo Alto Networks, Inc. $216.26 Palo Alto Networks, Inc. (PANW) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 29, 2019. The consensus earnings estimate is $1.25 per share on revenue of $703.44 million and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat The company's guidance was for earnings of $1.23 to $1.25 per share on revenue of $697.00 million to $707.00 million. Consensus estimates are for year-over-year earnings growth of 20.19% with revenue increasing by 24.04%. Short interest has decreased by 8.1% since the company's last earnings release while the stock has drifted lower by 16.2% from its open following the earnings release to be 1.2% above its 200 day moving average of $213.65. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, May 16, 2019 there was some notable buying of 1,160 contracts of the $237.50 call expiring on Friday, June 7, 2019. Option traders are pricing in a 8.4% move on earnings. Zscaler, Inc. $73.76 Zscaler, Inc. (ZS) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $0.01 per share on revenue of $74.54 million and the Earnings Whisper ® number is $0.03 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 approximately $0.01 per share on revenue of $74.00 million to $75.00 million. Consensus estimates are for year-over-year earnings growth of 116.67% with revenue increasing by 51.62%. Short interest has decreased by 8.0% since the company's last earnings release while the stock has drifted higher by 28.3% from its open following the earnings release to be 50.6% above its 200 day moving average of $48.98. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, May 20, 2019 there was some notable buying of 1,380 contracts of the $72.50 put expiring on Friday, June 7, 2019. Option traders are pricing in a 13.6% move on earnings and the stock has averaged a 16.4% move in recent quarters. Okta, Inc. $109.63 Okta, Inc. (OKTA) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.21 per share on revenue of $116.66 million and the Earnings Whisper ® number is ($0.17) per share. Investor sentiment going into the company's earnings release has 82% expecting an earnings beat The company's guidance was for a loss of $0.22 to $0.21 per share on revenue of $116.00 million to $117.00 million. Consensus estimates are for earnings to decline year-over-year by 133.33% with revenue increasing by 39.51%. Short interest has increased by 33.4% since the company's last earnings release while the stock has drifted higher by 46.6% from its open following the earnings release to be 48.1% above its 200 day moving average of $74.02. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, May 21, 2019 there was some notable buying of 1,003 contracts of the $90.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 10.9% move on earnings and the stock has averaged a 8.4% move in recent quarters. Workday, Inc. $210.72 Workday, Inc. (WDAY) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, May 28, 2019. The consensus earnings estimate is $0.41 per share on revenue of $814.68 million and the Earnings Whisper ® number is $0.44 per share. Investor sentiment going into the company's earnings release has 71% expecting an earnings beat The company's guidance was for revenue of $812.00 million to $814.00 million. Consensus estimates are for year-over-year earnings growth of 7.89% with revenue increasing by 31.69%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 5.4% from its open following the earnings release to be 27.6% above its 200 day moving average of $165.20. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, May 23, 2019 there was some notable buying of 1,587 contracts of the $235.00 call expiring on Friday, June 21, 2019. Option traders are pricing in a 7.8% move on earnings and the stock has averaged a 25.2% move in recent quarters. Nutanix, Inc. $35.14 Nutanix, Inc. (NTNX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus estimate is for a loss of $0.60 per share on revenue of $296.48 million and the Earnings Whisper ® number is ($0.58) per share. Investor sentiment going into the company's earnings release has 40% expecting an earnings beat The company's guidance was for a loss of approximately $0.60 per share on revenue of $290.00 million to $300.00 million. Consensus estimates are for earnings to decline year-over-year by 185.71% with revenue increasing by 2.44%. Short interest has increased by 59.1% since the company's last earnings release while the stock has drifted lower by 4.4% from its open following the earnings release to be 20.5% below its 200 day moving average of $44.18. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, May 15, 2019 there was some notable buying of 5,000 contracts of the $40.00 put expiring on Friday, June 7, 2019. Option traders are pricing in a 15.3% move on earnings and the stock has averaged a 11.3% move in recent quarters. ULTA Beauty $335.09 ULTA Beauty (ULTA) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 30, 2019. The consensus earnings estimate is $3.06 per share on revenue of $1.74 billion and the Earnings Whisper ® number is $3.10 per share. Investor sentiment going into the company's earnings release has 87% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.35% with revenue increasing by 12.72%. Short interest has increased by 16.3% since the company's last earnings release while the stock has drifted higher by 2.2% from its open following the earnings release to be 14.1% above its 200 day moving average of $293.81. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 6.7% 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 5.27.19 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!) Monday 5.27.19 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! NONE. (U.S. MARKETS CLOSED IN OBSERVANCE OF MEMORIAL DAY!) Tuesday 5.28.19 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 5.28.19 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 5.29.19 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 5.29.19 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 5.30.19 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 5.30.19 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 5.31.19 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 5.31.19 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 (5/28/19)- ($WDAY $YY $HEI $NXGN $RAMP $ESEA $RYB $CANG)
Here are the scheduled earnings releases due out before the market open on Wednesday morning (5/29/19)- ($GOOS $DKS $ANF $BZUN $CPRI $BMO $ICLK $WUBA $HMLP $CMCO $BFRA $HLNE $EVLV $DAKT $THR $TYME $BWAY)
Off-Season Earnings Trends Earnings season has died down quite a bit from a few weeks ago, but our rolling averages on beat rates and guidance are still moving of course. You can think of earnings and revenue beat rates as a "present situation" reading. The rolling 3-month EPS beat rate shows the percentage of companies that have beaten consensus analyst earnings estimates over the last three months. The rolling 3-month sales beat rate shows the percentage that have beaten revenue estimates. As shown below, both EPS and revenue beat rates continue to trend lower after reaching extremely elevated levels last summer. At this point the sales beat rate is just barely above its long-term average. If beat rates represent the "present situation," then our guidance spread is an "expectations" reading. The guidance spread represents the difference between the percentage of companies raising guidance and lowering guidance on a rolling 3-month basis. And while beat rates have been trending lower recently, our guidance spread has been trending higher back up to the historical average. As shown below, companies started to get much more optimistic about their futures in late 2017 right around the time that the GOP tax reform legislation was passing Congress. From late 2017 through mid-2018, our guidance spread was at the top end of its historical range. Then it began to crater in July and August, and it fell deeply into the red in early 2019. It finally bottomed out towards the end of Q1, however, and it has been trending higher ever since to the point where it's now just a notch below its historical average, which is slightly negative at -2.97%. While the current reading is still negative, it's on the right track.
Here are the scheduled earnings releases due out after the market close today (5/29/19)- ($PANW $VEEV $KEYS $PVH $VRNT $TLYS $SMTC $DSGX $QADA $UHAL $RTW)
Here are the scheduled earnings releases due out before the market open on Thursday morning (5/30/19)- ($DG $DLTR $BURL $CSIQ $EXPR $SAFM $TECD $JILL $NGL $BITA $SPWH $TITN $DBI $MOV $DOOO $MOGU)
Here are the scheduled earnings releases due out after the market close today and before the market open on Friday morning (5/31/19)- ($COST $ULTA $ZS $OKTA $NTNX $MRVL $UBER $VMW $ZUO $GPS $ASND $BIG $DELL $WSM $YEXT $BBW $COO $CONN $RRGB $GCO $CSS $YIN $MESO)
