Earnings reports trading 11/12-11/15

Many companies are reporting their earnings this week. Some may be hits or misses, but being informed about their chances can help an investor make their winning trade.

Beating and missing earnings release estimates

Earnings release estimates. Copyright: Money Bear Club.

The upcoming days for earnings releases are really exciting. Many more and less well-known companies are reporting their earnings from November 12th to November 16th, 2018. The highlights are Walmart’s and Nvidia’s earnings releases.

Earnings release trading is more exciting and riskier than ordinary stock investing. There are incidences when even good reports can’t seem to sway the opinions of investors to the optimistic side. Nevertheless,  some companies are capable of missing their earnings targets and still attracting a lot of investor attention.

Walmart’s earnings release will be very important for the whole retail industry. Nvidia, the leader of computer driver companies, will attract the attention of investors looking to invest in technology-related companies.

2018 has been an exceptionally good year for the stock market (aside from the month of October). Will the earnings releases of Everquote, Wix.com, Macys’s, Blue Apron, Cisco, Walmart, Manchester United, Nvidia and Nordstrom reflect that trend?


Everquote (Ticker: $EVER) (not to be confused with Evernote) is expected to report declining earnings. Out of 2 analysts’ prognosis for the earnings, the earnings per share should be reported at $-0.12.

Out of 8 analysts who rated the $EVER in November, 4 rated it as a Strong Buy, 3 rated it as a Buy, and 1 rated it as a Hold.

Percentage-wise, this rating looks positive for the Everquote stock:

Everquote earnings release estimates by analysts

Everquote earnings. Copyright: Money Bear Club.

Everquote will report their earnings 11/12, during the after hours.

Wix.com (Ticker: $X) has reported negative EPS during the same quarter last year. Wix.com, however is expected to report increasing sales and earnings, at $-0.01 earning per share, compared to $-0.28 EPS last year.

Wix.com website building company.

Wix.com, a website building company. Source: http://userlogos.org/files/logos/MShadows/wix4.png

Out of 17 analysts who rated $WIX in November, 3 rated it as a Strong Buy, 8 as a Buy, 6 as a hold.

Graphically, these ratings look mixed for the website building company:

Wix.com earnings release estimates by analysts

Wix.com earnings. Copyright: Money Bear Club.

Wix.com will report their earnings on 11/13, during pre-market.

Macy’s (Ticker: $X) is expected to report declining earnings per share this quarter. According to a consensus of 6 analysts, Macy’s will report $0.13 EPS. The earnings per share reported the same time last year were $0.23.

 

Out of 22 analysts’ who rated $M stock in November, 1 rated it as a Strong Buy, 3 rated the stock as Buy, 16 as Hold, 1 as Underperform, and 1 as Sell.

Percentage-wise, these ratings look negative for the Macy’s company in the light of their upcoming earnings report:

Macy's earnings release estimates by analysts

Macy’s earnings. Copyright: Money Bear Club.

Macy’s will report their earnings on 11/14, during the pre-market hours.

Blue Apron (Ticker: $APRN) sees favourable estimates from financial analysts for their upcoming earnings report. Their EPS are expected to rise from $-0.47 reported the same time last year, to $-0.22, by the consensus estimates of 6 analysts.

Out of 14 analysts who rated $APRN stock in November, 2 rated it as a Strong Buy, 2 as a Buy, 8 as Hold, 1 as Underperform, and 1 as Sell.

Graphically, ratings for Blue Apron look negative:

Blue Apron earnings release estimates by analysts

Blue Apron earnings. Copyright: Money Bear Club.

Blue Apron will report their earnings on 11/14, during pre-market hours.

Cisco (Ticker: $CSCO) is riding the wave of increasing internet penetration and a need for networking hardware. The earnings are expected to rise from $0.61 per share to $0.72 per share. Investors Observer reports that “Of the 20 analysts who cover the stock 15 rate it Strong Buy, 3 rate it Buy, 2 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell.”

Cisco network hardware and router company's logo

Cisco, a network hardware company. Source: http://logok.org/wp-content/uploads/2014/05/Cisco-logo.png

Graphically this rating looks positive for the upcoming Cisco earnings:

Cisco earnings rating by analysts.

Cisco earnings. Copyright: Money Bear Club.

Cisco will report their earnings on 11/14, during the after hours.

Walmart (Ticker: $WMT), one of the top retail shops in USA, and is expected to not beat the earnings estimates set by financial analysts. The reported earnings per share for Q3 of 2018 should be $1.02; up from $1.00 earnings reported the same time last year.

Out of 32 analysts who rated Walmart stock in November, 8 rated it as a Strong Buy, 7 as a Buy, 15 as a Hold, 1 as Underperform, and 1 as Sell.

Graphically this rating looks negative for the upcoming Walmart earnings report:

Walmart earnings release estimate by analysts

Walmart earnings. Copyright: Money Bear Club.

Walmart will report their earnings on 11/15, during the pre-market.

Manchester United (Ticker: $MANU) is unlikely to beat their earnings estimates, as the consensus earnings per share for this quarter is $-0.09, compared to earnings per share of $0.05 during the same time last year.

Out of 5 analysts who rated Manchester United stock in November, 1 rated it as a Strong Buy, 3 rated it as Buy, and 1 rated it as Hold.

Graphically this looks positive for Manchester United stock:

 

Manchester United earnings release estimates by analysts

Manchester United earnings. Copyright: Money Bear Club.

Manchester United will report their earnings on 11/15, during the pre-market hours.

Nvidia (Ticker: $NVDA) is likely to beat their earnings estimates, and post increasing earnings as estimated by analysts. According to them, the Q3 earnings per share should rise from $1.33 to $1.73. That’s a $0.40 increase!

 

Out of 38 analysts who rated the $NVDA stock in November, 7 rated it as a Strong Buy, 14 as a Buy, 15 as a hold, 1 as Underperform, and 1 as Sell.

Percentage-wise, this rating looks risky for Nvidia:

Nvidia earnings release estimates by analysts

Nvidia earnings. Copyright: Money Bear Club.

Nvidia will report their earnings on 11/15, during the after the market hours.

Nordstrom (Ticker: $JWN) is expected to release declining earnings for its latest quarter. Out of 10 analysts‘ estimates, the consensus for earnings per share is at $0.64, compared to $0.67 EPS during the last year.

Out of 26 analysts who rated $JWN in November, 1 rated it as a Strong Buy, 3 as a Buy, 17 as Hold, and 5 as Underperform.

Graphically, these ratings don’t look positive for the Nordstrom stock:

Nordstrom earnings release estimates by analysts

Nordstrom earnings. Copyright: Money Bear Club.

Nordstrom will report their earnings on 11/15, during the after market hours.

If you like this article, please consider supporting Money Bear Club on Patreon: link.

Disclaimer: this article is not intended to be taken as financial advice. The author does not own and does not plan to buy stocks in the companies discussed in the article.

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Categories: Investing

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