Upcoming Earnings Reports | Week of June 1

Within this analysis it is possible to find the following information about the most interesting upcoming earnings reports (during this week) in the United States stock market:

  • Key data such as EPS surprise, EPS growth in the last quarter, average reaction or performance compared to the S&P 500 index.
  • Summary with the best and worst companies in each category.
  • Chart comparison of the selected companies and the S&P 500 index over the past 3 months.
  • In-depth analysis of some of the companies selected in terms of financial data and key chart levels.
  • Earnings reports Calendar of the week.

In general, this analysis answers the following questions among others:

  • What are the growth expectations in this quarter?
  • During the last earnings reports, did the company often beat analyst expectations? Has the stock price often reacted positively?
  • Is the company growing in terms of fundamentals?
  • Is the stock price close to key levels that it could overcome thanks to the reaction to the earnings report?

Upcoming Earnings Reports – Key Data

This section shows some interesting information about the companies that are about to release the earnings report. The explanation of each item can be found below the table.

  • EPS surprise and “Price reaction”:

“EPS surprise” represents how much the company has beaten analyst expectations over the past three quarters. This data is useful to understand if the company often beats expectations and if it does little or much.

“Price reaction” represents the reaction of the stock price to the last 3 earnings reports released. This data is useful to understand if the company usually reacts positively or negatively to earnings reports.

  • Est. EPS growth this quarter:

EPS (Earnings-Per-Share) growth expected by analysts in the quarter ended recently compared to the same quarter 12 months earlier. Useful information to know what are the expectations for the EPS that the company will release soon.

  • “Last Earnings Report”:

Growth / decrease in Revenue and Net Income reported in the last Earnings Report (compared to the same quarter of 12 months before) released by the company about 3 months ago. Useful data to know which companies grew in the last quarter and which did not.

  • “Perf. % vs S&P 500”:

Over / under performance of the company’s stock price compared to the S&P 500 index in the last 3 months. Useful to identify the companies that have performed better / worse since the last Earnings Report.

  • “Max Loss/Gain”:

Worst / best daily performance over the past 3 years. Data useful to understand the riskiness of the company because during the earnings report the reactions can often be extreme both in a positive and negative sense.


Summary

Within this summary it is possible to identify the best and worst companies based on the parameters present in the table in the previous section.

Among the companies that will release the earnings report during the week, the company with the highest expectations is Zoom Video Com. , with an estimated EPS growth in this quarter of 200,0% , while the company with the lowest expectations is Tiffany & Company with an estimated EPS decrease of -72,8% .

During the past 3 quarters, the company that exceeded analysts’ expectations the most was Zoom Video Com. with an average EPS surprise of 303,0% , while the company that struggled the most was Tiffany & Company with an average EPS surprise of -4,1% .

Docusign Inc has had the best reaction to the last 3 earnings reports, rising on average by 14,3% during the day, while the company with the worst reaction was Zoom Video Com. with an average decrease of -3,6% .

By shifting the focus to companies that have outperformed or underperformed the S&P 500 index in the past 3 months, the company that outperformed the index most was Docusign Inc with a 61,5% overperformance , while the company that performed worse than the index was Tiffany & Company with a -5,3% underperformance .

Focusing on the latest earnings report released, the company that reported the highest earnings growth compared to the same quarter 12 months earlier was Zoom Video Com. with a 168,4% increase , while the company that reported the worst earnings growth was Slack Tech. with a -145,2% decrease .


Selected companies and the S&P 500 index – chart comparison

Within this section it is possible to see the performance of the selected companies and the S&P 500 index in the last 3 months. This chart allows you to easily identify companies that during this period outperformed (or underperformed) the market.


Let’s go deeper into some companies

Within this section we delve into some of the companies based on financial data and key chart levels. The explanation of both sections can be found at the end of the article.


Zoom Video Communications (ZM)

Zoom Video Communications Inc. is a provider of video and web conferencing services. The Company unifies cloud video conferencing, online meetings, group messaging and a software-defined video conference room solution into one platform. 

During the last 3 earnings reports, ZM reported better than expected EPS on 3 occasions with an average EPS surprise of 303,0% . During the same period, ZM stock price reacted positively on 1 occasions with an average reaction of -3,6% .

In the recently ended quarter, analysts expect a 200,0% EPS increase over the same period last year and in the past 3 months ZM overperformed the S&P 500 index by 51,4% . Finally, during the past 3 years ZM in its worst trading session has fallen by -15,3% , while in its best session it has risen by 22,2% .

Earnings Report date: June 2 (After-Market-Close)

FINANCIALS:

During the last quarter, ZM reported $188 million in revenue, up 78,0% compared to $106 million reported in the same quarter 12 months earlier. In the same period, net income increased by 168,4% to $15 million, compared to net income of $6 million in the previous period, while net margin was 8,1% , improved by 50,8% compared to the same quarter 12 months earlier.

Focusing on annual data, ZM revenue in the last 4 quarters totaled $623 million, an increase of 924,2% compared to $60,8 million in revenue reported 3 years ago. During the same period, ZM reported a 252900,0% increase in net income to $25 million, compared to $0,0 million net income in the previous period, while the net margin improved by 24602,7% .

KEY CHART LEVELS:

ZM is in a strong positive trend, since the beginning of the year it has risen by 160% and is one step away from the historical maximum in the area of $ 182. In reaction to the earnings report it may exceed this level (but probably already in the days before). ZM has no particular goals except to make further historical highs.


Crowdstrike Holdings Inc (CRWD)

CrowdStrike Holdings Inc. provides cloud-delivered endpoint protection. Leveraging artificial intelligence, the CrowdStrike Falcon(R) platform protects customers against cyberattacks on endpoints on or off the network. 

During the last 3 earnings reports, CRWD reported better than expected EPS on 3 occasions with an average EPS surprise of 12,5% . During the same period, CRWD stock price reacted positively on 1 occasions with an average reaction of 0,3% .

In the recently ended quarter, analysts expect a 72,7% EPS increase over the same period last year and in the past 3 months CRWD overperformed the S&P 500 index by 54,1% . Finally, during the past 3 years CRWD in its worst trading session has fallen by -16,5% , while in its best session it has risen by 17,4% .

Earnings Report date: June 2 (After-Market-Close)

FINANCIALS:

During the last quarter, CRWD reported $152 million in revenue, up 88,9% compared to $81 million reported in the same quarter 12 months earlier. In the same period, net income increased by 9,3% to -$28 million, compared to net loss of -$31 million in the previous period, while net margin was -18,7% , improved by 52,0% compared to the same quarter 12 months earlier.

Focusing on annual data, CRWD revenue in the last 4 quarters totaled $481 million, an increase of 813,5% compared to $52,7 million in revenue reported 3 years ago. During the same period, CRWD reported a -55,3% decrease in net income to -$142 million, compared to -$91,3 million net loss in the previous period, while the net margin improved by 83,0% .

KEY CHART LEVELS:

CRWD has grown by 160% from the lows of mid-March 2020. On the last day of trading it has passed a resistance of a few days before. The only goal ahead is the historic high recorded after the 2019 IPO in the $ 102 area, 16% away from current prices.


Docusign Inc (DOCU)

DocuSign Inc. provides e-signature solutions. The Company offers services to mortgage, non-profit, government, real estate, insurance, technology and healthcare industries. Its product portfolio includes trial, single-user, multi-user, business pro, enterprise pro, standards-based signatures, ehanko, DocuSign transaction rooms for real estate, DocuSign payments and enotary. 

During the last 3 earnings reports, DOCU reported better than expected EPS on 2 occasions with an average EPS surprise of 7,2% . During the same period, DOCU stock price reacted positively on 3 occasions with an average reaction of 14,3% .

In the recently ended quarter, analysts expect a -23,5% EPS decline over the same period last year and in the past 3 months DOCU overperformed the S&P 500 index by 61,5% . Finally, during the past 3 years DOCU in its worst trading session has fallen by -12,0% , while in its best session it has risen by 21,7% .

Earnings Report date: June 4 (After-Market-Close)

FINANCIALS:

During the last quarter, DOCU reported $275 million in revenue, up 37,7% compared to $200 million reported in the same quarter 12 months earlier. In the same period, net income increased by 28,4% to -$47 million, compared to net loss of -$66 million in the previous period, while net margin was -17,2% , improved by 48,0% compared to the same quarter 12 months earlier.

Focusing on annual data, DOCU revenue in the last 4 quarters totaled $974 million, an increase of 155,3% compared to $381,5 million in revenue reported 3 years ago. During the same period, DOCU reported a -80,6% decrease in net income to -$208 million, compared to -$115,4 million net loss in the previous period, while the net margin improved by 29,3% .

KEY CHART LEVELS:

Similarly to ZM and CRWD, DOCU has also experienced strong growth since the beginning of the year (+ 80%) and in the last trading session it exceeded the all-time high. The only goals are to reach new historical highs. Since its IPO in 2018, it has grown by over 260%.


Calendar of the week

Inside the image you can find the calendar to know the day on which the companies will release the earnings reports. Every day companies can release the quarterly report in 2 moments:

  • Before Open: the company will release the quarterly report within 1 or 2 hours before the market opens.
  • After Close: the company will release the quarterly report within 1 or 2 hours after the market has closed.

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FINANCIAL DATA & KEY CHART LEVELS

– explanation –

FINANCIAL DATA

This section shows some key financial data contained in the company’s income statement, updated to the latest available earnings report. The 2 tables are as follows:

FIRST TABLE – “Key Data in the past 5 years”

“Key Data in the past 5 years” table shows the amount of Revenue, Net Income and Net Margin (the percentage of Revenue that turns into Net Income) reported in the last year or in the last 4 quarters (TTM-trailing 12-months). In the same table you can find the percentage increase (or decrease) of the 3 items in the last 3 years.

To the right of the table you find a chart containing the trend of Revenue in the last 5 years (green columns) and the trend of Net Income (red line) in the same period. Inside the same chart you will find a semi-transparent line that show the trend line of the Revenue in the last years.

This section is useful for understanding if the company has been growing in recent years.

SECOND TABLE – “Key Data in the last Earnings Report”

“Key Data in the last Earnings Report” table shows the data of the same items of the previous table, but with reference to the last earnings report released by the company in comparison with the same quarter of 12 months before.

On the right of the table you will find the relative chart containing the trend of Revenue (green columns) and Net Income (red columns) in the 2 quarters taken into consideration (current versus last year’s quarter).

This section is useful for understanding if the company has grown in the last quarter compared to the same quarter of last year.

Data are expressed in millions of dollars.

KEY CHART LEVELS

For each of the companies, a chart is shown containing the following key chart levels:

  • Simple moving average 50-day (red line) and 200-day (black line)
  • Resistance and Support

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Sources & additional info

*Chart by stockcharts.com and tradingview.com
*EPS reported, estimated and company description by barchart.com
*Calendar by earningswhispers.com


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