[ad_1]
Buyers will deal with December quarter earnings for shares which are economically delicate, which ought to present higher income than expertise shares. Rising Treasury yields and danger aversion will hit the inventory market laborious subsequent week, making the massive tech earnings that rather more important. As well as, buyers will intently monitor the newest information on the quickly unfold Omicron coronavirus variant to see the way it impacts earnings in 2022.
-
Monday (January 31)
-
Tuesday (February 1)
-
Wednesday (February 2)
-
Thursday (February 3)
-
Friday (February 4)
Earnings Calendar For The Week Of January 31
Monday (January 31)
TICKER |
COMPANY |
EPS FORECAST |
CBT |
Cabot |
$1.06 |
CRUS |
Cirrus Logic |
$1.91 |
FN |
Fabrinet |
$1.28 |
HLIT |
Harmonic |
$0.09 |
NXPI |
NXP Semiconductors |
$2.67 |
PCH |
PotlatchDeltic |
$0.48 |
RYAAY |
Ryanair Holdings |
$-0.15 |
SANM |
Sanmina |
$0.91 |
TT |
Trane Applied sciences |
$1.31 |
WWD |
Woodward |
$0.83 |
Tuesday (February 1)
IN THE SPOTLIGHT: ALPHABET (GOOGLE), PAYPAL, EXXON MOBIL
ALPHABET: The dad or mum of Google and the world’s largest search engine that dominates web search exercise globally is anticipated to report its fourth-quarter earnings of $26.71 per share, which represents year-over-year development of about 20% from $22.3 per share seen in the identical interval a yr in the past.
The Mountain View, California-based web big would publish income development of almost 27% to $72.133 billion from $56.9 billion a yr in the past. It’s value noting that the corporate has constantly overwhelmed consensus earnings estimates within the final two years, a minimum of.
“Key Alphabet (GOOG) ’22 Advert Purchaser Survey conclusions: i) Google Search stays highest ROI platform; ii) YouTube anticipated to realize advert share ’21-’23; & iii) GOOG Search & YouTube are the highest platforms for advert consumers reallocating finances as a result of iOS modifications. We est. GOOG’s share of WW Digital adv. (x-China) goes from 41% to 37% ’22-’27. We prolonged mannequin to ’27, PT to$3,500 vs. prior $3,360, reiterate Outperform,” famous John Blackledge, fairness analyst at Cowen.
PAYPAL: The digital funds firm is anticipated to report its fourth-quarter earnings of $0.86 per share, which represents year-over-year development of about 15% from $0.75 per share seen in the identical interval a yr in the past. The San Jose, California-based firm would publish income development of over 12% to round $6.9 billion.
EXXON MOBIL: The oil firm will see its earnings rise multi-fold within the fourth quarter due to greater power costs and a waning pandemic that helped it bounce again after a troublesome interval in 2020.
The Irving Texas-based firm is anticipated to report its fourth-quarter earnings of $1.73 per share, which represents year-over-year development of over 5,666%, up from $0.03 per share seen in the identical interval a yr in the past.
The U.S. largest publicly traded oil firm is anticipated to report a 97.3% enhance in income to $91.845 billion from $46.54 billion a yr in the past. On Dec 30, the Irving Texas-based firm in its regulatory submitting stated that greater oil and gasoline costs would allow it to realize annual profitability beginning in 2021 with an working revenue enhance of as much as $1.9 billion.
The U.S. largest publicly traded oil firm hinted that oil and gasoline earnings might lower by as much as $1.2 billion on account of one-time fees for asset impairments and contractual prices. Exxon introduced late final yr introduced {that a} sharply greater working revenue in oil and gasoline, prompting Credit score Suisse, Scotiabank, and JPMorgan to lift their fourth-quarter earnings estimates.
“Bettering FCF outlook and dividend sustainability. With a extra constructive commodity worth outlook, decrease capital spending, and extra money working value financial savings, the dividend is roofed in 2021 and averages >100% over the following 5-years on our estimates. Bettering dividend sustainability helps yield compression for Exxon Mobil (XOM) relative to CVX,” famous Devin McDermott, Fairness Analyst and Commodities Strategist at Morgan Stanley.
“Value cuts defend the dividend. In 2020, Exxon Mobil (XOM) lowered 2022-25 spending plans to $20-25B from $30-35B (just lately prolonged to 2027), bettering dividend sustainability whereas limiting additional pull on the stability sheet. Moreover, Exxon Mobil (XOM) is concentrating on $6B in structural working value reductions by 2023 which ought to put upward strain on consensus FCF estimates.”
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE FEBRUARY 1
TICKER |
COMPANY |
EPS FORECAST |
AMD |
Superior Micro Units |
$0.69 |
AMCR |
Amcor |
$0.18 |
ASH |
Ashland World Holdings |
$0.93 |
CTLT |
Catalent |
$0.79 |
CB |
Chubb |
$3.34 |
EA |
Digital Arts |
$2.81 |
XOM |
Exxon Mobil |
$1.73 |
GM |
Normal Motors |
$0.84 |
NMR |
Nomura Holdings |
$0.2 |
SBUX |
Starbucks |
$0.8 |
UBS |
UBS Group |
$0.24 |
UPS |
United Parcel Service |
$3.05 |
Wednesday (February 2)
IN THE SPOTLIGHT: META PLATFORMS (FACEBOOK), QUALCOMM
META PLATFORMS (FACEBOOK): The world’s largest on-line social community is anticipated to report its fourth-quarter earnings of $3.78 per share, which represents a year-over-year decline of over 2% from $3.88 per share seen in the identical interval a yr in the past.
The Menlo Park, California-based social media conglomerate would publish income development of over 30% to round $33.04 billion. The social media big has constantly overwhelmed consensus earnings estimates in many of the quarters within the final two years, a minimum of.
QUALCOMM: The world’s largest cell phone chipmaker is anticipated to report its fiscal first-quarter earnings of $2.77 per share, which represents a year-over-year decline of over 40% from $1.97 per share seen in the identical interval a yr in the past.
The chip producer would publish income development of almost 27% to $10.45 billion. It’s value noting that the corporate has constantly overwhelmed consensus earnings estimates within the final two years, a minimum of.
Qualcomm forecasts GAAP income within the first quarter of fiscal 2022 to be between $10 billion and $10.8 billion. On a non-GAAP foundation, earnings will probably vary from $2.90 to $3.10 per share, whereas GAAP earnings will probably vary from $2.53 to $2.73 per share, in keeping with ZACKS Analysis.
“After underperforming the SOXX for many of 2021 till a pointy rally late within the yr, we see a robust setup for a now Apple-overhang-free Qualcomm in 2022 as buyers start to understand the various income drivers past Wi-fi. Anticipate strong print and information, with deal with execution and development within the linked clever edge and replace our estimates accordingly,” famous Matthew Ramsay, fairness analyst at Cowen.
“We reiterate our worth goal of $210 based mostly on 17.5x our F2023 EPS estimate of $12.0 and our Outperform score.”
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE FEBRUARY 2
TICKER |
COMPANY |
EPS FORECAST |
EAT |
Brinker Worldwide |
$0.5 |
CHRW |
C.H. Robinson Worldwide |
$1.85 |
CPRI |
Capri Holdings |
$1.67 |
CTSH |
Cognizant Know-how Options |
$1.03 |
RACE |
Ferrari |
$1.08 |
FB |
Meta Platforms |
$3.78 |
MET |
MetLife |
$1.63 |
TMUS |
T-Cellular |
$0.2 |
Thursday (February 3)
IN THE SPOTLIGHT: AMAZON
The e-commerce chief for bodily and digital merchandise, Amazon, is anticipated to report its fourth-quarter earnings of $3.9 per share, which represents a year-over-year decline of over 70% from $14.09 per share seen in the identical interval a yr in the past.
Nonetheless, the Seattle, Washington-based multinational expertise big would publish income development of about 10% to round $138 billion. The corporate has overwhelmed earnings per share (EPS) estimates more often than not within the two years.
“We’re reiterating our BUY score and our worth goal to $3,900. Our worth goal is predicated on our up to date discounted money move mannequin, together with our long-term adj. EBITDA margin forecast of twenty-two.0% versus 13.7% in 2020,” famous Tom Forte, MD, Senior Analysis Analyst at D.A. DAVIDSON.
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE FEBRUARY 3
TICKER |
COMPANY |
EPS FORECAST |
ABB |
ABB |
$0.38 |
ALL |
Allstate |
$2.72 |
COP |
ConocoPhillips |
$2.23 |
LLY |
Eli Lilly |
$2.37 |
HON |
Honeywell Worldwide |
$2.09 |
PRU |
Prudential Monetary |
$2.44 |
SU |
Suncor Power |
$0.95 |
SYNA |
Synaptics |
$2.63 |
Friday (February 4)
TICKER |
COMPANY |
EPS FORECAST |
APD |
Air Merchandise & Chemical compounds |
$2.51 |
AON |
Aon |
$3.33 |
BMY |
Bristol Myers Squibb |
$1.85 |
CBOE |
Cboe World Markets |
$1.41 |
ETN |
Eaton |
$1.73 |
This text was initially posted on FX Empire
Extra From FXEMPIRE:
[ad_2]
Source link