Here are the most notable earnings releases for the trading week beginning November 5th, 2018- ($SQ $ROKU $WYNN $HEAR $DBX $DIS $ATVI $TTD $TWLO $CVS $BKNG $TRXC $QCOM $ETSY $RACE $SYY $SOGO $TTWO $BHC $MTCH $SWKS $SEAS $LLY $NIO $PLUG $L $GRPN $FNKO $MYL $KORS $AAOI $ATHN $REGN $OXY $FOLD $ONVO $SRE $TEUM $CTL $AMC $RL) (This post will be edited later with the notable earnings details & charts) ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Square, Inc. $77.76 Square, Inc. (SQ) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, November 7, 2018. The consensus earnings estimate is $0.11 per share on revenue of $860.52 million and the Earnings Whisper ® number is $0.13 per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat The company's guidance was for earnings of $0.08 to $0.10 per share on revenue of $840.00 million to $860.00 million. Consensus estimates are for year-over-year earnings growth of 37.50% with revenue increasing by 47.06%. Short interest has decreased by 22.3% since the company's last earnings release while the stock has drifted higher by 19.2% from its open following the earnings release to be 23.4% above its 200 day moving average of $63.03. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, October 16, 2018 there was some notable buying of 13,588 contracts of the $75.00 call and 12,454 contracts of the $75.00 put expiring on Friday, November 16, 2018. The stock has averaged a 4.5% move on earnings in recent quarters. Roku Inc $57.89 Roku Inc (ROKU) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, November 7, 2018. The consensus estimate is for a loss of $0.13 per share on revenue of $170.91 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 revenue of $164.00 million to $172.00 million. Consensus estimates are for year-over-year earnings growth of 98.52% with revenue increasing by 36.97%. Short interest has decreased by 19.4% since the company's last earnings release while the stock has drifted higher by 9.6% from its open following the earnings release to be 22.1% above its 200 day moving average of $47.42. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, October 24, 2018 there was some notable buying of 5,001 contracts of the $28.00 put expiring on Friday, January 18, 2019. The stock has averaged a 23.9% move on earnings in recent quarters. Wynn Resorts ltd $111.69 Wynn Resorts ltd (WYNN) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, November 7, 2018. The consensus earnings estimate is $1.77 per share on revenue of $1.64 billion and the Earnings Whisper ® number is $1.65 per share. Investor sentiment going into the company's earnings release has 41% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 16.45% with revenue increasing by 1.72%. Short interest has increased by 22.2% since the company's last earnings release while the stock has drifted lower by 27.2% from its open following the earnings release to be 39.6% below its 200 day moving average of $184.77. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, October 31, 2018 there was some notable buying of 3,840 contracts of the $100.00 call expiring on Friday, January 18, 2019. The stock has averaged a 5.2% move on earnings in recent quarters. Turtle Beach Corporation $20.45 Turtle Beach Corporation (HEAR) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, November 6, 2018. The consensus earnings estimate is $0.77 per share on revenue of $73.67 million and the Earnings Whisper ® number is $0.78 per share. Investor sentiment going into the company's earnings release has 85% expecting an earnings beat The company's guidance was for earnings of approximately $0.44 per share on revenue of approximately $65.00 million. Consensus estimates are for year-over-year earnings growth of 7,800.00% with revenue increasing by 104.78%. Short interest has increased by 113.1% since the company's last earnings release while the stock has drifted lower by 38.0% from its open following the earnings release to be 38.7% above its 200 day moving average of $14.74. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, November 1, 2018 there was some notable buying of 1,124 contracts of the $20.00 put expiring on Friday, November 16, 2018. The stock has averaged a 33.1% move on earnings in recent quarters. Dropbox, Inc. $24.03 Dropbox, Inc. (DBX) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, November 8, 2018. The consensus earnings estimate is $0.06 per share on revenue of $352.18 million and the Earnings Whisper ® number is $0.08 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat The company's guidance was for revenue of $350.00 million to $353.00 million. Short interest has increased by 24.3% since the company's last earnings release while the stock has drifted lower by 24.3% from its open following the earnings release. Overall earnings estimates have been unchanged since the company's last earnings release. On Friday, October 19, 2018 there was some notable buying of 2,005 contracts of the $19.00 put expiring on Friday, November 16, 2018. The stock has averaged a 6.0% move on earnings in recent quarters. Walt Disney Co $115.18 Walt Disney Co (DIS) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, November 8, 2018. The consensus earnings estimate is $1.31 per share on revenue of $13.81 billion and the Earnings Whisper ® number is $1.33 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 22.43% with revenue increasing by 8.07%. Short interest has decreased by 0.3% since the company's last earnings release while the stock has drifted lower by 0.6% from its open following the earnings release to be 7.8% above its 200 day moving average of $106.85. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, October 30, 2018 there was some notable buying of 13,346 contracts of the $125.00 call expiring on Friday, November 16, 2018. The stock has averaged a 2.2% move on earnings in recent quarters. Activision Blizzard, Inc. $68.99 Activision Blizzard, Inc. (ATVI) is confirmed to report earnings at approximately 4:10 PM ET on Thursday, November 8, 2018. The consensus earnings estimate is $0.50 per share on revenue of $1.66 billion and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat The company's guidance was for earnings of approximately $0.37 per share. Consensus estimates are for earnings to decline year-over-year by 18.03% with revenue increasing by 2.60%. Short interest has increased by 92.0% since the company's last earnings release while the stock has drifted lower by 7.4% from its open following the earnings release to be 5.0% below its 200 day moving average of $72.66. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 19, 2018 there was some notable buying of 12,656 contracts of the $65.00 put expiring on Friday, November 16, 2018. The stock has averaged a 3.0% move on earnings in recent quarters. Trade Desk, Inc. $127.95 Trade Desk, Inc. (TTD) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, November 8, 2018. The consensus earnings estimate is $0.50 per share on revenue of $116.62 million and the Earnings Whisper ® number is $0.57 per share. Investor sentiment going into the company's earnings release has 90% expecting an earnings beat The company's guidance was for revenue of approximately $116.00 million. Consensus estimates are for year-over-year earnings growth of 66.67% with revenue increasing by 46.85%. Short interest has decreased by 46.8% since the company's last earnings release while the stock has drifted higher by 10.8% from its open following the earnings release to be 46.1% above its 200 day moving average of $87.59. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 26.2% move on earnings in recent quarters. Twilio, Inc. $74.32 Twilio, Inc. (TWLO) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, November 6, 2018. The consensus earnings estimate is $0.02 per share on revenue of $151.44 million and the Earnings Whisper ® number is $0.03 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 $0.02 to $0.03 per share on revenue of $150.00 million to $152.00 million. Consensus estimates are for year-over-year earnings growth of 116.67% with revenue increasing by 50.62%. Short interest has increased by 1.0% since the company's last earnings release while the stock has drifted lower by 0.6% from its open following the earnings release to be 33.3% above its 200 day moving average of $55.75. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 26, 2018 there was some notable buying of 11,045 contracts of the $70.00 call expiring on Friday, January 18, 2019. The stock has averaged a 16.0% move on earnings in recent quarters. CVS Health $73.09 CVS Health (CVS) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, November 6, 2018. The consensus earnings estimate is $1.71 per share on revenue of $47.19 billion and the Earnings Whisper ® number is $1.74 per share. Investor sentiment going into the company's earnings release has 85% expecting an earnings beat The company's guidance was for earnings of $1.68 to $1.73 per share. Consensus estimates are for year-over-year earnings growth of 14.00% with revenue increasing by 2.18%. Short interest has increased by 24.2% since the company's last earnings release while the stock has drifted higher by 7.5% from its open following the earnings release to be 5.2% above its 200 day moving average of $69.46. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, October 16, 2018 there was some notable buying of 6,898 contracts of the $75.00 call expiring on Friday, November 16, 2018. The stock has averaged a 3.4% move on earnings in recent quarters. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Here are the most anticipated ERs for this upcoming week ahead (I'll also have the weekly earnings calendar posted in here as well once it's out) ***Check mark next to the stock symbols denotes confirmed earnings release date & time*** Monday 11.5.18 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 11.5.18 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 11.6.18 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 11.6.18 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 11.7.18 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 11.7.18 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 11.8.18 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 11.8.18 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 11.9.18 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 11.9.18 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES!
Here are the scheduled earnings releases due out before the market open on Monday morning (11/5/18)- ($SOGO $RACE $SYY $SEAS $MYL $L $PCG $FOLD $WRK $DO $TA $DFRG $KOS $GLMD $OHI $SOHU $CNA $CRNT $ADL $KMPR $PEGI $NS $NERV $TIER $RBC $HAIR $HUD $INVH $CYOU $QTNT $DXPE $WBT $BRG $SRC $XENT $XHR $DEA $SHO $PGRE $ASC $EPRT $OXLC)
Best and Worst Performing S&P 500 Stocks on Earnings Nov 2, 2018 Below is a list of the best performing S&P 500 stocks on their earnings reaction days so far this season. Under Armour (UAA) ranks at the very top of the list with a huge one-day gain of 27.71% after it reported a triple play on October 30th. (A triple play is a company that beats EPS estimates, beats revenue estimates, and raises guidance.) Vulcan Materials (VMC) ranks second with a gain of 17.49%, followed by Akamai Tech (AKAM), Newfield Exploration (NFX), and Twitter (TWTR). Other notables on the list of big winners this earnings season include International Paper (IP), Ford (F), PayPal (PYPL), Church & Dwight (CHD), Starbucks (SBUX), General Motors (GM), Procter & Gamble (PG), DowDuPont (DWDP), and Whirlpool (WHR). These certainly aren’t your typical high-fliers! On the downside, Mohawk (MHK) has been the worst performer this earnings season with a one-day decline of 23.86% after it reported a reverse triple play on October 25th. The stock missed EPS estimates, missed revenue estimates, and lowered guidance. Align Tech (ALGN) ranks second worst with a one-day decline of 20.2%, followed by Western Digital (WDC), Advanced Micro (AMD), and United Rentals (URI). Other notables on the list of losers include Equifax (EFX), Fortinet (not to be confused with the video game Fortnite!), Fortune Brands (FBHS), Kraft Heinz (KHC), Kellogg (K), General Electric (GE), AT&T (T), and Amazon (AMZN).
The Jekyll and Hyde Earnings Season Nov 2, 2018 In the early part of the current earnings reporting period that began back on October 12th, stocks couldn’t sniff a bid on their earnings reaction days. Since Monday, however, investors have been busy buying up stocks after they report. Below we show how stocks within sectors performed on their earnings reaction days from the start of earnings season through the morning of October 29th. We also show how stocks have performed on their earnings reaction days since the close on the 29th. As shown, for all stocks that have reported, the average stock fell 0.91% on its earnings reaction day through October 29th. Since then, the average stock that has reported has gained 1.56% on its earnings reaction day. That’s a huge shift in sentiment around earnings reports. Investors have flipped from selling the news to buying the news. There have been some interesting trends within sectors as well. Health Care, Materials, Energy, Technology, Consumer Staples, and Industrials stocks that reported got hit the hardest prior to the 29th. Since then, the cyclical sectors of this group (all of them except for Consumer Staples) have seen stocks fly higher by 1.3% or more on their earnings reaction days, while Consumer Staples stocks that have reported since the 29th have actually declined. Utilities and Communication Services stocks have averaged very small declines on their earnings reaction days over both time frames. Finally, Consumer Discretionary stocks have been a positive outlier throughout earnings season. Discretionary stocks that reported prior to the 29th bucked the trend and averaged gains on their earnings reaction days. And since the 29th, they’ve continued to see gains, averaging a one-day change of +2.1%.
Here are the scheduled earnings releases due out after the market close today (11/5/18)- ($BKNG $MYL $OXY $MAR $P $OAS $CAR $MOS $CDEV $CRZO $FN $THC $DVAX $RNG $NBIX $FMC $INSY $RYAM $TWOU $IIN $RCII $SKY $NTR $NVRO $JCOM $ACHC $CIR $KMT $RARE $LMNX $ATUS $BHF $ELF $TROX $TCMD $LPI $FRPT $COHU $BE $LTC $MTW $STRL)
Beat Rates Hold Steady with Bottom-Line Much Higher Than Top-Line Nov 5, 2018 More than 1,350 companies have now reported their Q3 2018 earnings results, and below is an updated snapshot of the percentage that have posted better than expected bottom and top-line numbers. The bottom-line earnings beat rate currently stands at a very strong 67.3%. As shown in the first chart below, this reading is comparable to readings seen over the prior three earnings seasons. It’s stronger than the reading seen last quarter but slightly weaker than the readings seen in Q4 2017 and Q1 2018. While bottom-line beat rates remain healthy, the top-line revenue beat rate is down considerably relative to recent quarters. As it stands now, 58.2% of companies that have reported have beaten top-line consensus revenue estimates. This is sharply lower from the readings seen over the prior three quarters, and it’s one of the reasons investors are on edge this earnings season.
Here are the scheduled earnings releases due out before the market open on Tuesday morning (11/6/18)- ($CVS $BHC $LLY $NIO $RL $REGN $MBUU $ADM $IONS $ONCE $GOGO $MNK $BDX $CTLT $EMR $JLL $ZBRA $SERV $GSKY $ABC $EMES $HSIC $LONE $LPX $APD $VCEL $MLM $ATRS $BCC $BCRX $LGIH $GTN $CHFS $EYPT $ETM $GFN $HAE $EXPD $BIOS $TRI $USAC)
Here are the bigger-than-usual earnings moves today (11/5/18)- ($WBT $SYY $NERV $NS $CNA $L $SHO $PEGI $OHI $XHR $HUD $GLMD)
Here are the scheduled earnings releases due out after the market close today (11/6/18)- ($HEAR $TWLO $ETSY $MTCH $PLNT $PZZA $AAXN $GDDY $DATA $WEN $ACAD $CWH $ENPH $CARA $ZG $DVN $FTR $ICHR $GLUU $DXCM $NEWR $INGN $COHR $GHDX $ZAGG $CPST $MED $KTOS $FANG $UCTT $WTTR $SEND $GEVO $PXD $REGI $RRGB $PAA $JAZZ $DXC $DK)
Here are the scheduled earnings releases due out before the market open on Wednesday morning (11/7/18)- ($KORS $GRPN $SRE $HUM $ODP $FOXA $DISH $COTY $ROK $MEET $TSG $VAC $SMG $SO $HZNP $DF $CARS $MTBC $BBSI $DLPH $PTLA $MGLN $ALNY $PFGC $PLX $VSI $VRS $ANDX $CDK $RCM $GIB $VIRT $SBGI $CNTY $CCLP $CUI $CRL $CNHI $SGRY $MNTA $VGR)
Here are the bigger-than-usual earnings moves today (11/6/18)- ($IVC $VCEL $GSKY $GOGO $ONDK $TWOU $NOVT $MYL $CALX $FRGI $LDL $APTS $CTLT $CORE $ELF $UNVR $COHU $NVRO)
Here are the scheduled earnings releases due out after the market close today (11/7/18)- ($SQ $ROKU $WYNN $TTWO $QCOM $AAOI $MCHP $MRO $TEUM $NKTR $CYBR $CVNA $ALB $NVAX $VKTX $FOSL $TXMD $CTRP $MNST $AYX $TRIP $RUN $NVTA $KDP $SAIL $WRD $EDIT $ADT $PRU $MFC $SUN $IMMU $ALRM $IAC $LCI $CLNE $HK $AQMS $FLXN $ANGI)
Here are the scheduled earnings releases due out before the market open on Thursday morning (11/8/18)- ($PLUG $DNR $CAH $DHI $LNG $ENDP $DISCA $HIMX $NCLH $CROX $HAIN $MGA $SGMS $SND $LGND $JCI $HSGX $NRG $GTT $FLY $AZN $WP $PRGO $BLRX $CRCM $NGL $PRTY $NOMD $CRK $AGTC $GDP $LOXO $TRGP $WIN $XRAY $ZEUS $LUNA $PVAC $TGI $KOP)
Here are the bigger-than-usual earnings moves today (11/7/18)- ($CNDT $SEND $CTMX $BWXT $GHDX $DPLO $TWLO $Z $ZG $ETSY $AMSC $RCM $PRMW $COTY $DXC $DF $BOLD $GLUU)
Here are the scheduled earnings releases due out after the market close today (11/8/18)- ($ATVI $DIS $DBX $TTD $TRXC $SWKS $YELP $FNKO $CTL $AMC $HTZ $NOG $ONVO $SWIR $RDFN $SGYP $SENS $UIS $BLFS $QPRT $SPPI $HDP $BDSI $EPAY $TTPH $XON $LGF.A $LOPE $EGAN $FC $VRAY $CDNA $INO $UPLD $MCFT $SGMO $AL $AUPH $FGEN $ERI)
...and finally here the scheduled earnings releases due out before the market open on Friday morning (11/9/18)- ($ERF $ADNT $BSTI $UBNT $STWD $NEOS $ASUR $SUP $SRDX $VLRX $OMER $SSP $REV $PBPB $RDNT $UFAB $TGTX $WMS $MGI $ESNT $EVA $MPAA $TCP $MNI $FOE $AXSM $QRTEA $RMTI $PLXP $GWRS $BBDC $CAAS $OXFD $TRCO $BTAI)
Here are the bigger-than-usual earnings moves today (11/8/18)- ($TLND $NNBR $CROX $ZAYO $KOP $FLXN $HMHC $LCI $CTRP $XONE $TTGT $SGMS $SBH $HAIN $COMM $VIVO $KRO $NUS)
Here are the bigger-than-usual earnings moves today (11/9/18)- ($REV $ADNT $GDEN $FNKO $AMC $VRAY $ASUR $EPAY $YELP $NTRA $MCFT $ANAB $ATVI $RDNT $DOVA $ICUI $GMED $SCOR)
