Here are the most notable earnings releases for the trading week beginning May 4th, 2020- ($SHOP $ROKU $DIS $TSN $CVS $BYND $PYPL $SQ $ATVI $W $UBER $SRC $PINS $MRNA $REGN $L $JBLU $GOLD $ENPH $SWKS $SPCE $RACE $TTD $WAB $GM $PTON $ALK $ZNGA $TEVA $SYY $OXY $WYNN $NEM $PLUG $TWLO $TREE $LYFT $TMUS $WING $INSG $CHGG) (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 4th, 2020- ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Shopify Inc. $613.64 Shopify Inc. (SHOP) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, May 6, 2020. The consensus estimate is for a loss of $0.19 per share on revenue of $443.65 million and the Earnings Whisper ® number is ($0.06) per share. Investor sentiment going into the company's earnings release has 69% expecting an earnings beat The company's guidance was for revenue of $440.00 million to $446.00 million. Consensus estimates are for earnings to decline year-over-year by 371.43% with revenue increasing by 38.43%. Short interest has increased by 48.5% 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 55.6% above its 200 day moving average of $394.27. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, April 21, 2020 there was some notable buying of 2,144 contracts of the $500.00 put and 1,268 contracts of the $820.00 call expiring on Friday, May 15, 2020. Option traders are pricing in a 12.7% move on earnings and the stock has averaged a 6.7% move in recent quarters. Roku Inc $114.02 Roku Inc (ROKU) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, May 7, 2020. The consensus estimate is for a loss of $0.45 per share on revenue of $296.58 million and the Earnings Whisper ® number is ($0.41) 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 $300.00 million to $310.00 million. Consensus estimates are for earnings to decline year-over-year by 400.00% with revenue increasing by 43.51%. The stock has drifted lower by 23.6% from its open following the earnings release to be 8.8% below its 200 day moving average of $124.96. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 4,743 contracts of the $125.00 call and 4,228 contracts of the $125.00 put expiring on Friday, May 15, 2020. Option traders are pricing in a 14.4% move on earnings and the stock has averaged a 19.8% move in recent quarters. Walt Disney Co $105.50 Walt Disney Co $105.50 Walt Disney Co (DIS) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, May 5, 2020. The consensus earnings estimate is $0.83 per share on revenue of $18.03 billion and the Earnings Whisper ® number is $0.79 per share. Investor sentiment going into the company's earnings release has 6% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 48.45% with revenue increasing by 20.83%. Short interest has increased by 34.5% since the company's last earnings release while the stock has drifted lower by 28.0% from its open following the earnings release to be 19.1% below its 200 day moving average of $130.39. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, April 14, 2020 there was some notable buying of 9,916 contracts of the $125.00 call expiring on Friday, June 19, 2020. Option traders are pricing in a 6.9% move on earnings and the stock has averaged a 2.5% move in recent quarters. Tyson Foods Inc. $60.01 Tyson Foods Inc. (TSN) is confirmed to report earnings at approximately 7:30 AM ET on Monday, May 4, 2020. The consensus earnings estimate is $1.21 per share on revenue of $11.64 billion and the Earnings Whisper ® number is $1.23 per share. Investor sentiment going into the company's earnings release has 37% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 0.83% with revenue increasing by 11.46%. Short interest has increased by 3.3% since the company's last earnings release while the stock has drifted lower by 25.9% from its open following the earnings release to be 24.5% below its 200 day moving average of $79.45. Overall earnings estimates have been revised lower since the company's last earnings release. On Monday, April 27, 2020 there was some notable buying of 2,444 contracts of the $47.50 put expiring on Friday, May 15, 2020. Option traders are pricing in a 8.1% move on earnings and the stock has averaged a 4.5% move in recent quarters. CVS Health $59.70 CVS Health (CVS) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, May 6, 2020. The consensus earnings estimate is $1.63 per share on revenue of $63.07 billion and the Earnings Whisper ® number is $1.67 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 0.62% with revenue increasing by 2.31%. Short interest has decreased by 19.2% since the company's last earnings release while the stock has drifted lower by 20.7% from its open following the earnings release to be 8.8% below its 200 day moving average of $65.46. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, May 1, 2020 there was some notable buying of 3,882 contracts of the $62.00 call and 3,579 contracts of the $59.00 put expiring on Friday, May 15, 2020. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 5.4% move in recent quarters. Beyond Meat, Inc. $91.53 Beyond Meat, Inc. (BYND) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, May 5, 2020. The consensus estimate is for a loss of $0.06 per share on revenue of $86.88 million and the Earnings Whisper ® number is ($0.05) per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 57.14% with revenue increasing by 116.09%. Short interest has increased by 18.5% since the company's last earnings release while the stock has drifted higher by 4.0% from its open following the earnings release to be 17.7% below its 200 day moving average of $111.22. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 22.4% move on earnings in recent quarters. PayPal $120.61 PayPal (PYPL) is confirmed to report earnings at approximately 4:15 PM ET on Wednesday, May 6, 2020. The consensus earnings estimate is $0.76 per share on revenue of $4.72 billion and the Earnings Whisper ® number is $0.79 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 $0.76 to $0.78 per share. Consensus estimates are for earnings to decline year-over-year by 2.56% with revenue increasing by 14.34%. Short interest has decreased by 28.0% since the company's last earnings release while the stock has drifted higher by 6.9% from its open following the earnings release to be 12.5% above its 200 day moving average of $107.22. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, April 16, 2020 there was some notable buying of 8,192 contracts of the $110.00 call expiring on Friday, May 15, 2020. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 5.0% move in recent quarters. Square, Inc. $63.00 Square, Inc. (SQ) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, May 6, 2020. The consensus earnings estimate is $0.13 per share on revenue of $1.30 billion and the Earnings Whisper ® number is $0.10 per share. Investor sentiment going into the company's earnings release has 42% expecting an earnings beat The company's guidance was for earnings of $0.16 to $0.18 per share. Consensus estimates are for year-over-year earnings growth of 8.33% with revenue increasing by 35.51%. Short interest has increased by 1.9% since the company's last earnings release while the stock has drifted lower by 22.6% from its open following the earnings release to be 3.3% below its 200 day moving average of $65.16. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 7,655 contracts of the $60.00 put and 7,447 contracts of the $60.00 call expiring on Friday, May 15, 2020. Option traders are pricing in a 10.9% move on earnings and the stock has averaged a 7.0% move in recent quarters. Activision Blizzard, Inc. $64.72 Activision Blizzard, Inc. (ATVI) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, May 5, 2020. The consensus earnings estimate is $0.33 per share on revenue of $1.31 billion and the Earnings Whisper ® number is $0.41 per share. Investor sentiment going into the company's earnings release has 80% expecting an earnings beat The company's guidance was for earnings of approximately $0.66 per share. Consensus estimates are for year-over-year earnings growth of 3.13% with revenue decreasing by 28.22%. Short interest has decreased by 37.9% since the company's last earnings release while the stock has drifted higher by 5.5% from its open following the earnings release to be 15.4% above its 200 day moving average of $56.10. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, April 17, 2020 there was some notable buying of 3,850 contracts of the $72.50 call expiring on Friday, May 15, 2020. Option traders are pricing in a 8.3% move on earnings and the stock has averaged a 4.9% move in recent quarters. Uber Technologies, Inc. $28.39 Uber Technologies, Inc. (UBER) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, May 7, 2020. The consensus estimate is for a loss of $0.89 per share on revenue of $3.34 billion and the Earnings Whisper ® number is ($0.89) per share. Investor sentiment going into the company's earnings release has 30% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 60.62% with revenue increasing by 7.78%. Short interest has increased by 10.4% since the company's last earnings release while the stock has drifted lower by 28.7% from its open following the earnings release to be 11.5% below its 200 day moving average of $32.08. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 6.9% move on earnings in recent quarters. ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Here are the most anticipated Earnings Releases for this upcoming trading week ahead. ***Check mark next to the stock symbols denotes confirmed earnings release date & time*** Monday 5.4.20 Before Market Open: Spoiler: CLICK HERE TO VIEW MONDAY'S AM EARNINGS TIMES & ESTIMATES! Monday 5.4.20 After Market Close: Spoiler: CLICK HERE TO VIEW MONDAY'S PM EARNINGS TIMES & ESTIMATES! Tuesday 5.5.20 Before Market Open: Spoiler: CLICK HERE TO VIEW TUESDAY'S AM EARNINGS TIMES & ESTIMATES! Tuesday 5.5.20 After Market Close: Spoiler: CLICK HERE TO VIEW TUESDAY'S PM EARNINGS TIMES & ESTIMATES! Wednesday 5.6.20 Before Market Open: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S AM EARNINGS TIMES & ESTIMATES! Wednesday 5.6.20 After Market Close: Spoiler: CLICK HERE TO VIEW WEDNESDAY'S PM EARNINGS TIMES & ESTIMATES! Thursday 5.7.20 Before Market Open: Spoiler: CLICK HERE TO VIEW THURSDAY'S AM EARNINGS TIMES & ESTIMATES! Thursday 5.7.20 After Market Close: Spoiler: CLICK HERE TO VIEW THURSDAY'S PM EARNINGS TIMES & ESTIMATES! Friday 5.8.20 Before Market Open: Spoiler: CLICK HERE TO VIEW FRIDAY'S AM EARNINGS TIMES & ESTIMATES! Friday 5.8.20 After Market Close: Spoiler: CLICK HERE TO VIEW FRIDAY'S PM EARNINGS TIMES & ESTIMATES!
Here are the scheduled earnings releases due out before the market open on Monday morning (5/4/20)- ($TSN $L $RACE $WAB $PFGC $CRNT $EPZM $CNA $NNN $NSSC $MCY $DSPG $PBI $WEC $GOL $CCC $SRE $TCMD $WLK $GPRE $LTC $GATX $DESP $MRNS $PEG $NERV $OXLC $KELYA $CUBI $CCLP $STWD)
Here are the scheduled earnings releases due out after the market close today (5/4/20)- ($SWKS $SHAK $CHGG $FANG $AIG $CAR $TXRH $XPO $FIVN $CRUS $THC $TREX $O $FRPT $WMB $MOS $TACO $MHK $EVER $RMBS $LMNX $FN $WH $GNMK $ACHC $NSP $ACCO $VAR $LEG $OHI $AROC $AWR $AMRC $APPF $PE $UNM $VNOM $VRNS $JKHY $ALSN $CDEV)
Here are the scheduled earnings releases due out before the market open on Tuesday morning (5/5/20)- ($W $REGN $SYY $NEM $ALK $TREE $D $MPC $NRZ $USFD $KPTI $LDOS $HWM $MNK $LHX $INCY $MPLX $DD $LITE $FCAU $TDG $ARMK $ACM $DBD $LGIH $ATRS $AOS $AMCX $CTLT $MLM $MGP $ATI $CRI $USCR $SEE $CEQP $ARCC $MDC $BGCP $AER $TTI)
Earnings During a Pandemic Mon, May 4, 2020 More than 700 companies have reported Q1 earnings since April 13th when the current reporting period kicked into gear. Since the season began, 62% of companies have managed to report better than expected EPS numbers, while 64% of companies have reported better than expected sales numbers. Below are charts showing the percentage of companies that have beaten consensus analyst EPS and sales estimates over the last three months on a rolling basis over the last year. Our 3-month EPS beat rate tracker is currently at 61.76%. That's still above the long-term average beat rate of 59.37%, but it's trending lower towards that average. While the EPS beat rate is trending lower, the sales beat rate has been trending sideways well above its long-term average of 56.45%. Of course, sales have been crushed since March when the economic shutdowns began, but these numbers show how companies have managed to report versus analyst expectations. For Q1 at least, sales beat rates haven't been impacted. Another indicator we track is the "guidance spread," which is calculated as the difference between the percentage of companies raising guidance and lowering guidance on a rolling 3-month basis. As shown below, the current guidance spread is at -12.24, which means companies lowering guidance outnumber companies raising guidance by 12.24 percentage points. That's easily the lowest reading seen in the last year and it's trending lower. When we expand the guidance spread chart back to 2003 when our data begins, however, the current level is nowhere near as low as the readings seen in 2015 or during the Financial Crisis in late 2008. Right now companies have actually been loathe to provide any guidance at all given the uncertainty regarding the re-opening of the US economy. More clarity on things could result in more positive guidance, but it could also result in much more negative guidance as well. You can track how individual stocks are reacting to earnings reports at our Earnings Explorer page, and below is a list of the stocks that have seen the biggest gains on their earnings reaction days so far this season.
Here are the scheduled earnings releases due out after the market close today (5/5/20)- ($DIS $BYND $ATVI $PINS $SPCE $ENPH $EA $SRC $OXY $DHT $CLVS $MTCH $MELI $PLNT $CAKE $ANET $SFM $NVTA $KGC $KLAC $HEAR $AGRX $DVA $MAT $ALL $BGS $SU $TTOO $DVN $STOR $PRU $EXEL $BLDP $CC $BTG $JAZZ $PAA $SBAC $WU $LPSN $FMC)
Here are the scheduled earnings releases due out before the market open on Wednesday morning (5/6/20)- ($SHOP $CVS $GOLD $GM $WING $WM $WEN $INMD $ALXN $STNG $GPN $PZZA $AEIS $KL $TXMD $IONS $ZTS $FLIR $CARS $SMG $AEP $ALNY $ODP $VMC $SBGI $CDW $RGEN $GPC $EYPT $BPMC $KKR $NYT $BCRX $SPR $NXST $OMI $GSX $WYND $FUN $NI)
Here are the bigger-than-usual earnings moves on Tuesday (5/5/20)- ($AKBA $CHGG $ADUS $IPGP $ACHC $WRK $W $BHLB $OXFD $NRZ $BSM $RMBS $ATI $CEQP $HTGC $ARCB $ASC $WH)
Here are the scheduled earnings releases due out after the market close today (5/6/20)- ($PYPL $SQ $PTON $LYFT $ETSY $ZNGA $TWLO $WYNN $GRUB $TMUS $AYX $MRO $SEDG $INSG $RNG $CVNA $SAVE $EXAS $FSLY $OPK $FIT $APA $LVGO $FTNT $GDDY $HUBS $DDD $IRWD $SRPT $RGLD $MET $NBIX $EQIX $IIPR $LPI $FNV $AMED $SONO $TWO $AWK)
Here are the scheduled earnings releases due out before the market open on Thursday morning (5/7/20)- ($MRNA $JBLU $PLUG $BMY $TEVA $BUD $YETI $BHC $RTX $PENN $VIAC $HLT $DNR $DISH $IRM $ENB $DHR $COMM $FOLD $FIS $AAWW $ABC $FVRR $EPAM $VIRT $CRL $BDX $CTB $TGNA $CTVA $AAN $INSW $ENDP $CNQ $EDIT $AZUL $HAIN $BGG $VG)
Here are the bigger-than-usual earnings moves on Wednesday (5/6/20)- ($MGNX $CARS $LPSN $MODN $EVBG $MELI $EAF $HZNP $MED $BCO $ANDE $BG $CGBD $NXST $OXY $ACLS $ARES $CLW)
Here are the scheduled earnings releases due out after the market close today (5/7/20)- ($ROKU $UBER $TTD $DBX $STMP $BKNG $OLED $NET $GPRO $ZG $FSLR $YELP $QRVO $MVIS $APPN $SAGE $FISV $SPWR $GLUU $MCHP $IPHI $ACAD $GH $HLF $RDFN $TRIP $MNST $AAXN $ELY $PCTY $CTSH $FNKO $KTOS $PFPT $QLYS $VSLR $LYV $DLR $DOX $AL) Here are the scheduled earnings releases due out before the market open on Friday morning (5/8/20)- ($CRON $SEAS $BLMN $ATH $SWCH $VTR $NBL $EXC $VRAY $BIP $DSSI $PPL $LEA $ROAD $OCUL $ARLP $AXL $ABR $BR $NBLX $PBF $HMSY $GLP $TWNK $AXSM $KIM $TEN $SR $ESNT $CVSI $RWT $SABR $FLY $BWEN $SSP $UFS $NJR $NWN $GTT $HSC $CATM $PBFX) Here are the bigger-than-usual earnings moves on Thursday (5/7/20)- ($TWLO $TPC $LAMR $FTNT $TRMB $AMP $LNC $NUS $VSTO $SPAR $CNP $IRM $RCII $AAN $PEEN $HESM $SERV $SLAN)
