Here are the most notable earnings releases for the trading week beginning October 7th, 2019- ($DPZ $DAL $AZZ $LEVI $HELE $FAST $INFY $SAR $EXFO) (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 October 7th, 2019- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Domino's Pizza, Inc. $242.13 Domino's Pizza, Inc. (DPZ) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $2.05 per share on revenue of $819.40 million and the Earnings Whisper ® number is $2.12 per share. 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 5.13% with revenue increasing by 4.25%. Short interest has increased by 63.4% since the company's last earnings release while the stock has drifted lower by 4.8% from its open following the earnings release to be 6.2% below its 200 day moving average of $258.01. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, October 1, 2019 there was some notable buying of 1,598 contracts of the $240.00 put expiring on Friday, October 18, 2019. Option traders are pricing in a 7.5% move on earnings and the stock has averaged a 6.2% move in recent quarters. Delta Air Lines, Inc. $53.81 Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, October 10, 2019. The consensus earnings estimate is $2.27 per share on revenue of $12.59 billion and the Earnings Whisper ® number is $2.30 per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat The company's guidance was for earnings of $2.10 to $2.40 per share. Consensus estimates are for year-over-year earnings growth of 26.11% with revenue increasing by 5.33%. Short interest has increased by 63.6% since the company's last earnings release while the stock has drifted lower by 10.7% from its open following the earnings release to be 1.4% below its 200 day moving average of $54.59. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 25, 2019 there was some notable buying of 5,260 contracts of the $67.50 call expiring on Friday, January 17, 2020. Option traders are pricing in a 4.3% move on earnings and the stock has averaged a 1.9% move in recent quarters. AZZ Inc. $42.80 AZZ Inc. (AZZ) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $0.53 per share on revenue of $233.50 million. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 23.26% with revenue increasing by 4.81%. Short interest has decreased by 9.3% since the company's last earnings release while the stock has drifted lower by 11.9% from its open following the earnings release to be 2.6% below its 200 day moving average of $43.96. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 9.6% move on earnings and the stock has averaged a 7.2% move in recent quarters. Levi Strauss & Co. $19.29 Levi Strauss & Co. (LEVI) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $0.27 per share on revenue of $1.43 billion and the Earnings Whisper ® number is $0.29 per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat. Short interest has increased by 53.0% since the company's last earnings release while the stock has drifted lower by 11.4% from its open following the earnings release. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 8.0% move on earnings in recent quarters. Helen of Troy Ltd. $160.00 Helen of Troy Ltd. (HELE) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 8, 2019. The consensus earnings estimate is $1.76 per share on revenue of $383.90 million. Investor sentiment going into the company's earnings release has 48% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 3.30% with revenue decreasing by 2.45%. Short interest has decreased by 6.1% since the company's last earnings release while the stock has drifted higher by 10.4% from its open following the earnings release to be 21.1% above its 200 day moving average of $132.11. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.4% move on earnings and the stock has averaged a 10.5% move in recent quarters. Fastenal Co. $31.78 Fastenal Co. (FAST) is confirmed to report earnings at approximately 6:50 AM ET on Friday, October 11, 2019. The consensus earnings estimate is $0.36 per share on revenue of $1.37 billion and the Earnings Whisper ® number is $0.35 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 47.83% with revenue increasing by 7.05%. Short interest has decreased by 8.6% 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 1.4% above its 200 day moving average of $31.34. Overall earnings estimates have been revised lower since the company's last earnings release. On Wednesday, September 18, 2019 there was some notable buying of 2,599 contracts of the $31.20 call expiring on Friday, November 15, 2019. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 6.2% move in recent quarters. Infosys Technologies Ltd. $11.22 Infosys Technologies Ltd. (INFY) is confirmed to report earnings at approximately 8:30 AM ET on Friday, October 11, 2019. The consensus earnings estimate is $0.14 per share on revenue of $3.20 billion and the Earnings Whisper ® number is $0.15 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 7.69% with revenue increasing by 9.55%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted lower by 1.1% from its open following the earnings release to be 2.0% above its 200 day moving average of $11.00. Overall earnings estimates have been unchanged since the company's last earnings release. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.9% move in recent quarters. Saratoga Investment Corp $24.11 Saratoga Investment Corp (SAR) is confirmed to report earnings at approximately 4:25 PM ET on Wednesday, October 9, 2019. The consensus earnings estimate is $0.60 per share on revenue of $12.38 million and the Earnings Whisper ® number is $0.62 per share. Investor sentiment going into the company's earnings release has 88% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 13.04% with revenue increasing by 8.57%. Short interest has increased by 109.6% since the company's last earnings release while the stock has drifted higher by 0.8% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. EXFO Inc. $3.70 EXFO Inc. (EXFO) is confirmed to report earnings at approximately 4:00 PM ET on Wednesday, October 9, 2019. The consensus earnings estimate is $0.05 per share on revenue of $69.05 million. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat The company's guidance was for earnings of $0.02 to $0.06 per share on revenue of $66.00 million to $71.00 million. Consensus estimates are for earnings to decline year-over-year by 0.00% with revenue decreasing by 0.24%. Short interest has decreased by 41.5% since the company's last earnings release while the stock has drifted higher by 3.0% from its open following the earnings release. Overall earnings estimates have been revised lower since the company's last earnings release. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ 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 10.7.19 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! NONE. Monday 10.7.19 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! NONE. Tuesday 10.8.19 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 10.8.19 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 10.9.19 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! NONE. Wednesday 10.9.19 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 10.10.19 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 10.10.19 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! NONE. Friday 10.11.19 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 10.11.19 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES! NONE.
Here is the same chart as was posted above, only this version has all the "confirmed" release dates as per Earnings Whispers-
Next Stop - Earnings Season! Tue, Oct 8, 2019 Investors are preoccupied with trade issues and impeachment headlines this week, but earnings season is coming up right around the corner. Whether the earnings headlines provide a welcome break from all the back and forth between the US and China or Republicans and Democrats remains to be seen, but at least it will be a change of pace. Once again this month, the key trend to watch this earnings season will be how often the term ‘China’ or ‘tariffs’ comes up in quarterly conference calls. Just this morning, the NFIB reported in its Small Business Sentiment report that “Tariffs are adversely affecting many small firms, with 30% reporting negative effects in NFIB’s September survey.” Based on the commentary, current trade policies are obviously making their presence felt. The only question is how much is priced in? Based on recent trends in analyst revisions, analysts have adjusted their forecasts by a decent amount. Over the last four weeks, analyst revisions have come in at a pace of two to one in favor of downside revisions. Analysts have raised EPS forecasts for just 312 companies in the S&P 1500 and lowered EPS forecasts for 634, which works out to a net of negative 322 or 21.5% of the stocks in the index. As shown in the chart below, this continues a trend that we have seen for four quarters now, where analysts have been consistently lowering forecasts in response to the impact of tariffs and other uncertainty related to trade. We have just published our quarterly preview of the upcoming earnings season and what to expect in terms of the overall market and sector performance based on trends in analyst revisions.
