Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Most Anticipated Earnings Releases for the week beginning October 8th, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Oct 6, 2018.

  1. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    12,359
    Likes Received:
    3,802
    Here are the most notable earnings releases for the trading week beginning October 8th, 2018-
    ($JPM $C $WFC $WBA $DAL $FAST $AZZ $PNC $HELE $CBSH $FRC $SAR $EXFO $VOXX $DAVA)
    [​IMG]
    [​IMG]

    JPMorgan Chase & Co. $114.62
    [​IMG]JPMorgan Chase & Co. (JPM) is confirmed to report earnings at approximately 6:50 AM ET on Friday, October 12, 2018. The consensus earnings estimate is $2.25 per share on revenue of $27.53 billion and the Earnings Whisper ® number is $2.33 per share. Investor sentiment going into the company's earnings release has 64% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 27.84% with revenue decreasing by 5.77%. Short interest has increased by 3.7% since the company's last earnings release while the stock has drifted higher by 6.8% from its open following the earnings release to be 2.7% above its 200 day moving average of $111.57. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, September 24, 2018 there was some notable buying of 9,738 contracts of the $110.00 put expiring on Friday, October 19, 2018. Option traders are pricing in a 3.1% move on earnings and the stock has averaged a 1.3% move in recent quarters.
    [​IMG]

    Citigroup, Inc. $72.42
    [​IMG]Citigroup, Inc. (C) is confirmed to report earnings at approximately 8:00 AM ET on Friday, October 12, 2018. The consensus earnings estimate is $1.67 per share on revenue of $18.41 billion and the Earnings Whisper ® number is $1.73 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 17.61% with revenue decreasing by 18.37%. Short interest has decreased by 7.9% 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 1.2% above its 200 day moving average of $71.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, September 20, 2018 there was some notable buying of 8,745 contracts of the $75.00 call expiring on Friday, October 19, 2018. Option traders are pricing in a 3.6% move on earnings and the stock has averaged a 1.5% move in recent quarters.
    [​IMG]

    Wells Fargo & Co. $53.19
    [​IMG]Wells Fargo & Co. (WFC) is confirmed to report earnings at approximately 8:00 AM ET on Friday, October 12, 2018. The consensus earnings estimate is $1.17 per share on revenue of $21.63 billion and the Earnings Whisper ® number is $1.20 per share. Investor sentiment going into the company's earnings release has 43% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 12.50% with revenue decreasing by 11.74%. Short interest has decreased by 17.3% since the company's last earnings release while the stock has drifted lower by 2.8% from its open following the earnings release to be 7.1% below its 200 day moving average of $57.27. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, September 24, 2018 there was some notable buying of 13,165 contracts of the $57.50 call expiring on Friday, November 16, 2018. Option traders are pricing in a 3.7% move on earnings and the stock has averaged a 2.1% move in recent quarters.
    [​IMG]

    Walgreens Boots Alliance Inc $72.51
    [​IMG]Walgreens Boots Alliance Inc (WBA) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, October 11, 2018. The consensus earnings estimate is $1.44 per share on revenue of $33.73 billion and the Earnings Whisper ® number is $1.49 per share. Investor sentiment going into the company's earnings release has 68% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 9.92% with revenue increasing by 11.88%. Short interest has increased by 50.8% since the company's last earnings release while the stock has drifted higher by 20.1% from its open following the earnings release to be 6.1% above its 200 day moving average of $68.34. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, September 27, 2018 there was some notable buying of 1,675 contracts of the $77.50 call expiring on Thursday, April 18, 2019. Option traders are pricing in a 4.4% move on earnings and the stock has averaged a 4.0% move in recent quarters.
    [​IMG]

    Delta Air Lines, Inc. $52.70
    [​IMG]Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, October 11, 2018. The consensus earnings estimate is $1.76 per share on revenue of $11.91 billion and the Earnings Whisper ® number is $1.80 per share. Investor sentiment going into the company's earnings release has 57% expecting an earnings beat The company's guidance was for earnings of $1.65 to $1.85 per share. Consensus estimates are for year-over-year earnings growth of 12.10% with revenue increasing by 7.69%. Short interest has increased by 61.1% since the company's last earnings release while the stock has drifted higher by 3.5% from its open following the earnings release to be 3.0% below its 200 day moving average of $54.34. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, September 25, 2018 there was some notable buying of 10,325 contracts of the $58.00 call expiring on Friday, October 19, 2018. Option traders are pricing in a 4.5% move on earnings and the stock has averaged a 2.1% move in recent quarters.
    [​IMG]

    Fastenal Co. $56.49
    [​IMG]Fastenal Co. (FAST) is confirmed to report earnings at approximately 6:50 AM ET on Wednesday, October 10, 2018. The consensus earnings estimate is $0.67 per share on revenue of $1.27 billion and the Earnings Whisper ® number is $0.68 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 34.00% with revenue increasing by 12.11%. Short interest has decreased by 5.6% since the company's last earnings release while the stock has drifted higher by 7.9% from its open following the earnings release to be 3.2% above its 200 day moving average of $54.72. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 5, 2018 there was some notable buying of 4,397 contracts of the $57.50 call expiring on Friday, October 19, 2018. Option traders are pricing in a 6.2% move on earnings and the stock has averaged a 5.5% move in recent quarters.
    [​IMG]

    AZZ Inc. $47.91
    [​IMG]AZZ Inc. (AZZ) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, October 9, 2018. The consensus earnings estimate is $0.45 per share on revenue of $231.30 million. 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 40.63% with revenue increasing by 21.48%. Short interest has decreased by 39.9% since the company's last earnings release while the stock has drifted lower by 2.6% from its open following the earnings release to be 0.8% above its 200 day moving average of $47.54. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 7.0% move on earnings and the stock has averaged a 8.4% move in recent quarters.
    [​IMG]

    PNC Bank $138.52
    [​IMG]PNC Bank (PNC) is confirmed to report earnings at approximately 6:55 AM ET on Friday, October 12, 2018. The consensus earnings estimate is $2.72 per share on revenue of $4.34 billion and the Earnings Whisper ® number is $2.75 per share. Investor sentiment going into the company's earnings release has 53% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 25.93% with revenue decreasing by 5.14%. Short interest has decreased by 32.7% since the company's last earnings release while the stock has drifted lower by 0.3% from its open following the earnings release to be 5.5% below its 200 day moving average of $146.62. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, October 4, 2018 there was some notable buying of 719 contracts of the $90.00 put expiring on Friday, January 18, 2019. Option traders are pricing in a 3.4% move on earnings and the stock has averaged a 1.1% move in recent quarters.
    [​IMG]

    Helen of Troy Ltd. $125.26
    [​IMG]Helen of Troy Ltd. (HELE) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, October 9, 2018. The consensus earnings estimate is $1.51 per share on revenue of $350.80 million. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 2.58% with revenue decreasing by 7.31%. Short interest has decreased by 33.1% since the company's last earnings release while the stock has drifted higher by 8.7% from its open following the earnings release to be 24.7% above its 200 day moving average of $100.45. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 4.9% move on earnings and the stock has averaged a 5.1% move in recent quarters.
    [​IMG]

    Commerce Bancshares Inc. $65.51
    [​IMG]Commerce Bancshares Inc. (CBSH) is confirmed to report earnings at approximately 6:00 AM ET on Thursday, October 11, 2018. The consensus earnings estimate is $0.97 per share on revenue of $331.31 million and the Earnings Whisper ® number is $1.00 per share. Investor sentiment going into the company's earnings release has 44% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 36.62% with revenue increasing by 4.68%. Short interest has decreased by 13.8% since the company's last earnings release while the stock has drifted lower by 6.4% from its open following the earnings release to be 2.8% above its 200 day moving average of $63.75. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 4.7% move on earnings and the stock has averaged a 2.9% move in recent quarters.
    [​IMG]

    [​IMG]

    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 10.8.18 Before Market Open:
    NONE.

    Monday 10.8.18 After Market Close:
    NONE.

    Tuesday 10.9.18 Before Market Open:
    [​IMG]

    Tuesday 10.9.18 After Market Close:
    NONE.

    Wednesday 10.10.18 Before Market Open:
    [​IMG]

    Wednesday 10.10.18 After Market Close:
    [​IMG]

    Thursday 10.11.18 Before Market Open:
    [​IMG]

    Thursday 10.11.18 After Market Close:
    [​IMG]

    Friday 10.12.18 Before Market Open:
    [​IMG]

    Friday 10.12.18 After Market Close:
    NONE.
     
  2. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    12,359
    Likes Received:
    3,802
    earnings season officially kicks off this week with the banks set to report by the end of the week.

    it really gets going in earnest from next week though-

    [​IMG]
     
  3. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    12,359
    Likes Received:
    3,802
    And finally here are the scheduled earnings releases due out after the market close today (10/11/18) and before the market open on Friday morning (10/12/18)-
    ($JPM $C $WFC $PNC $FRC $EXFO)
    [​IMG]
     
  4. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    12,359
    Likes Received:
    3,802
    Bespoke’s Most Volatile Stocks on Earnings

    In late September we started to notice that stocks that were reporting earnings were falling sharply in reaction to the news. This did not portend well for the upcoming earnings season that begins this week. We viewed the share-price weakness for stocks that reported earnings in September as a sign of things to come.

    Given how weak equities have been so far in October, it appears that the market took notice of the earnings weakness in September as well. We’ve seen a sharp sell-off in stocks — particularly growth stocks that are volatile on earnings — ahead of their upcoming report dates, which suggests to us that the market is pricing in earnings weakness. For bulls, the hope now is that the re-pricing of shares to much lower levels ahead of earnings has actually gone a bit overboard.

    Below is our regularly updated list of the most volatile stocks on earnings. To make the list, a stock must trade for more than $5/share and have at least 10 quarterly reports in our Earnings Screener database.

    The 35 stocks below all average a move of at least +/-12% on their earnings reaction days, so you can expect big volatility when they report in the upcoming weeks and months.

    We mentioned above that stocks have been selling off sharply ahead of their earnings reports this season. Well, the 35 stocks in the table below have averaged a decline of 9% so far this month! We’d call that a pretty sharp sell-off, and it shows just how spooked investors are ahead of this earnings season. Again, the only hope for investors now is that the selling has been exhausted, which should lead to gains when the actual earnings news event occurs.

    The Container Store (TCS) is the most volatile stock on earnings with an average absolute one-day change of 16.8%. Yelp (YELP) ranks second, followed by NeoPhotonics (NPTN) and Infinera (INFN). Other notables on the list include Wayfair (W), Netflix (NFLX), Travelzoo (TZOO), Twitter (TWTR), GrubHub (GRUB), and iRobot (IRBT).

    For each stock, we also include its MTD and YTD change along with its short interest as a percentage of float. Stocks that have gotten crushed and have high short interest levels are the most ripe for a big upside move provided the earnings are decent when they’re released in the coming weeks. Stocks that haven’t fallen very much recently that have low short interest levels are the most ripe for a big sell-off in reaction to earnings should the numbers not impress.

    [​IMG]
     

Share This Page