Most Anticipated Earnings Releases for the week beginning October 29th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Oct 27, 2018.

  1. Stockaholic

    Stockaholic Content Manager

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    Here are the most notable earnings releases for the trading week beginning October 29th, 2018-
    ($FB $AAPL $BABA $GE $IQ $MA $BIDU $EBAY $CHK $XOM $EA $TEVA $GM $UAA $TNDM $BP $SPOT $ON $FDC $ADP $CVX $KO $AMRN $SBUX $X $ABBV $PFE $FIT $PAYC $YNDX $OLED $ABMD $WTW $ANET $WLL $LL $FEYE $DDD $RIG $SNE $KEM $NWL $STX $BAH $FTNT)
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    Facebook Inc. $145.37
    [​IMG]Facebook Inc. (FB) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, October 30, 2018. The consensus earnings estimate is $1.46 per share on revenue of $14.29 billion and the Earnings Whisper ® number is $1.49 per share. Investor sentiment going into the company's earnings release has 61% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 8.18% with revenue increasing by 38.36%. Short interest has increased by 16.8% since the company's last earnings release while the stock has drifted lower by 16.9% from its open following the earnings release to be 17.8% below its 200 day moving average of $176.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 12, 2018 there was some notable buying of 18,502 contracts of the $150.00 put and 18,290 contracts of the $150.00 call expiring on Friday, November 16, 2018. Option traders are pricing in a 9.3% move on earnings and the stock has averaged a 6.2% move in recent quarters.
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    Apple, Inc. $216.30
    [​IMG]Apple, Inc. (AAPL) is confirmed to report earnings at approximately 4:30 PM ET on Thursday, November 1, 2018. The consensus earnings estimate is $2.78 per share on revenue of $61.41 billion and the Earnings Whisper ® number is $2.90 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 $2.62 to $2.82 per share. Consensus estimates are for year-over-year earnings growth of 34.30% with revenue increasing by 16.80%. Short interest has decreased by 6.3% since the company's last earnings release while the stock has drifted higher by 8.6% from its open following the earnings release to be 13.2% above its 200 day moving average of $191.11. 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 19,184 contracts of the $215.00 call expiring on Friday, November 16, 2018. Option traders are pricing in a 6.3% move on earnings and the stock has averaged a 3.7% move in recent quarters.
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    Alibaba Group Holding Ltd. $142.87
    [​IMG]Alibaba Group Holding Ltd. (BABA) is confirmed to report earnings at approximately 6:55 AM ET on Friday, November 2, 2018. The consensus earnings estimate is $1.09 per share on revenue of $12.69 billion and the Earnings Whisper ® number is $1.01 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 10.66% with revenue increasing by 53.17%. Short interest has decreased by 25.6% since the company's last earnings release while the stock has drifted lower by 22.8% from its open following the earnings release to be 21.0% below its 200 day moving average of $180.75. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, October 23, 2018 there was some notable buying of 16,132 contracts of the $140.00 call expiring on Friday, November 16, 2018. Option traders are pricing in a 7.9% move on earnings and the stock has averaged a 2.8% move in recent quarters.
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    General Electric Co. $11.30
    [​IMG]General Electric Co. (GE) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, October 30, 2018. The consensus earnings estimate is $0.21 per share on revenue of $29.88 billion and the Earnings Whisper ® number is $0.23 per share. Investor sentiment going into the company's earnings release has 20% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 27.59% with revenue decreasing by 10.73%. Short interest has decreased by 4.6% since the company's last earnings release while the stock has drifted lower by 17.6% from its open following the earnings release to be 18.2% below its 200 day moving average of $13.82. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, October 5, 2018 there was some notable buying of 191,486 contracts of the $12.00 put expiring on Friday, November 16, 2018. Option traders are pricing in a 11.6% move on earnings and the stock has averaged a 2.9% move in recent quarters.
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    iQIYI, Inc. $22.06
    [​IMG]iQIYI, Inc. (IQ) is confirmed to report earnings at approximately 5:25 PM ET on Tuesday, October 30, 2018. The consensus estimate is for a loss of $0.41 per share on revenue of $1.01 billion and the Earnings Whisper ® number is ($0.38) per share. Investor sentiment going into the company's earnings release has 76% expecting an earnings beat The company's guidance was for revenue of $985.00 million. The stock has drifted lower by 32.9% from its open following the earnings release. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, October 12, 2018 there was some notable buying of 2,366 contracts of the $27.50 call expiring on Friday, December 21, 2018. Option traders are pricing in a 11.9% move on earnings and the stock has averaged a 2.1% move in recent quarters.
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    Mastercard Inc $197.49
    [​IMG]Mastercard Inc (MA) is confirmed to report earnings at approximately 8:00 AM ET on Tuesday, October 30, 2018. The consensus earnings estimate is $1.68 per share on revenue of $3.87 billion and the Earnings Whisper ® number is $1.75 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 25.37% with revenue increasing by 13.89%. Short interest has decreased by 15.0% since the company's last earnings release while the stock has drifted lower by 6.0% from its open following the earnings release to be 3.1% above its 200 day moving average of $191.60. Overall earnings estimates have been revised higher since the company's last earnings release. On Thursday, October 11, 2018 there was some notable buying of 2,018 contracts of the $210.00 call expiring on Friday, November 16, 2018. Option traders are pricing in a 6.9% move on earnings and the stock has averaged a 2.0% move in recent quarters.
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    Baidu.com Inc. $188.51
    [​IMG]Baidu.com Inc. (BIDU) is confirmed to report earnings at approximately 6:00 PM ET on Tuesday, October 30, 2018. The consensus earnings estimate is $2.42 per share on revenue of $4.12 billion and the Earnings Whisper ® number is $2.53 per share. Investor sentiment going into the company's earnings release has 79% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 33.15% with revenue increasing by 16.71%. Short interest has increased by 12.2% since the company's last earnings release while the stock has drifted lower by 19.8% from its open following the earnings release to be 20.8% below its 200 day moving average of $238.11. Overall earnings estimates have been revised lower since the company's last earnings release. On Thursday, October 11, 2018 there was some notable buying of 1,748 contracts of the $170.00 put expiring on Friday, January 17, 2020. Option traders are pricing in a 8.6% move on earnings and the stock has averaged a 6.6% move in recent quarters.
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    eBay, Inc. $27.34
    [​IMG]eBay, Inc. (EBAY) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, October 30, 2018. The consensus earnings estimate is $0.54 per share on revenue of $2.65 billion and the Earnings Whisper ® number is $0.53 per share. Investor sentiment going into the company's earnings release has 5% expecting an earnings beat The company's guidance was for earnings of $0.54 to $0.56 per share. Consensus estimates are for year-over-year earnings growth of 10.20% with revenue increasing by 10.00%. Short interest has decreased by 35.6% since the company's last earnings release while the stock has drifted lower by 22.3% from its open following the earnings release to be 26.8% below its 200 day moving average of $37.35. 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 7,510 contracts of the $30.00 put expiring on Thursday, April 18, 2019. Option traders are pricing in a 9.3% move on earnings and the stock has averaged a 6.1% move in recent quarters.
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    Chesapeake Energy Corp. $3.82
    [​IMG]Chesapeake Energy Corp. (CHK) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, October 31, 2018. The consensus earnings estimate is $0.16 per share on revenue of $1.16 billion and the Earnings Whisper ® number is $0.18 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 33.33% with revenue decreasing by 40.30%. Short interest has decreased by 26.5% since the company's last earnings release while the stock has drifted lower by 14.5% from its open following the earnings release to be 12.0% below its 200 day moving average of $4.34. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, October 22, 2018 there was some notable buying of 20,336 contracts of the $4.00 put expiring on Friday, November 16, 2018. Option traders are pricing in a 13.9% move on earnings and the stock has averaged a 7.8% move in recent quarters.
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    Exxon Mobil Corp. $77.53
    [​IMG]Exxon Mobil Corp. (XOM) is confirmed to report earnings at approximately 8:00 AM ET on Friday, November 2, 2018. The consensus earnings estimate is $1.21 per share on revenue of $72.06 billion and the Earnings Whisper ® number is $1.25 per share. Investor sentiment going into the company's earnings release has 65% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 30.11% with revenue increasing by 8.91%. Short interest has decreased by 9.0% since the company's last earnings release while the stock has drifted lower by 4.2% from its open following the earnings release to be 3.2% below its 200 day moving average of $80.09. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, October 2, 2018 there was some notable buying of 5,038 contracts of the $85.00 put expiring on Friday, December 21, 2018. Option traders are pricing in a 4.2% move on earnings and the stock has averaged a 2.3% move in recent quarters.
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    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 10.29.18 Before Market Open:
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    Monday 10.29.18 After Market Close:
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    Tuesday 10.30.18 Before Market Open:
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    Tuesday 10.30.18 After Market Close:
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    Wednesday 10.31.18 Before Market Open:
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    Wednesday 10.31.18 After Market Close:
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    Thursday 11.1.18 Before Market Open:
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    Thursday 11.1.18 After Market Close:
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    Friday 11.2.18 Before Market Open:
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    Friday 11.2.18 After Market Close:
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  2. Stockaholic

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  4. Stockaholic

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    Here is the list of the 40 largest companies set to report Q3 numbers this week. Table below includes the historical earnings and revenue beat rates, the percentage of the time that the company has raised guidance, and the stock’s average one-day price change in reaction to earnings-

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  5. Stockaholic

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  6. Stockaholic

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    Here's a new earnings whispers chart I thought to share in here. These are the companies reporting this week that have the highest percentage increase in short interest since their last earnings release.

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  7. Stockaholic

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    Bottom Line Fine, Top Line Decline
    Oct 29, 2018

    So far this earnings season, 67.2% of companies have beaten bottom-line consensus EPS estimates. As shown in the chart below, earnings beat rates are doing just fine relative to other quarters over the last few years.

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    While bottom line numbers aren’t raising any red flags this season, revenues certainly appear to have a problem. Only 56% of companies that have reported have beaten top-line revenue estimates. The drop from previous quarters is clear in the chart below. As it stands right now, this season is tracking to be the worst quarter for revenue beat rates since late 2016. There is still time for the revenue beat rate to turn around before mid-November when earnings season ends, but for a market grown accustomed to strong top and bottom line numbers, it is easy to see why investors have been selling early on this season.

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