Upcoming Earnings Reports | Week of June 15

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?

The information in this article is for informational purposes only and does not constitute investment advice.


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 Kroger Company , with an estimated EPS growth in this quarter of 22,2% , while the company with the lowest expectations is Groupon Cl A with an estimated EPS decrease of -1600,0% .

During the past 3 quarters, the company that exceeded analysts’ expectations the most was Lennar Corp with an average EPS surprise of 28,5% , while the company that struggled the most was Jabil Circuit with an average EPS surprise of -48,0% .

Jabil Circuit has had the best reaction to the last 3 earnings reports, rising on average by 5,8% during the day, while the company with the worst reaction was Groupon Cl A with an average decrease of -15,3% .

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 Lennar Corp with a 49,2% overperformance , while the company that performed worse than the index was Kroger Company with a -22,5% 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 Groupon Cl A with a 66,7% increase , while the company that reported the worst earnings growth was Jabil Circuit with a -104,9% decrease .


Selected companies vs 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…

Within this section we delve into some of the companies based on financial data and key chart levels. For each of the companies there is a chart (+ description) containing the following key levels that could be reached (or exceeded) in reaction to the earnings report (or in the following days):

  • Resistance and Support (black half-lines)
  • Simple moving average 20-day (blue line), 50-day (red line) and 200-day (black line)

The explanation of financial data section can be found at the end of the article.


Oracle Corp (ORCL)

Oracle Corporation is a global provider of enterprise cloud computing and is empowering businesses of all sizes on their journey of digital transformation. Oracle Cloud provides leading-edge capabilities in Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS). 

During the last 3 earnings reports, ORCL reported better than expected EPS on 2 occasions with an average EPS surprise of 2,0% . During the same period, ORCL stock price reacted positively on 1 occasions with an average reaction of 4,2% .

In the recently ended quarter, analysts expect a -1,9% EPS decline over the same period last year and in the past 3 months ORCL underperformed the S&P 500 index by -9,6% . Finally, during the past 3 years ORCL in its worst trading session has fallen by -11,0% , while in its best session it has risen by 20,4% .

Earnings Report date: June 16 (After-Market-Close)

FINANCIALS:

During the last quarter, ORCL reported $9.796 million in revenue, up 1,9% compared to $9.614 million reported in the same quarter 12 months earlier. In the same period, net income decreased by -6,3% to $2.571 million, compared to net income of $2.745 million in the previous period, while net margin was 26,2% worsened by -8,1% compared to the same quarter 12 months earlier.

Focusing on annual data, ORCL revenue in the last 4 quarters totaled $39.766 million, an increase of 7,3% compared to $37.047,0 million in revenue reported 3 years ago. During the same period, ORCL reported a 20,9% increase in net income to $10.759 million, compared to $8.901,0 million net income in the previous period, while the net margin improved by 12,6% .

KEY CHART LEVELS:

The current price of ORCL is $51,86 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $55,82 , 7,64% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $48,04 , -7,95% away from the current price.

Compared to the other 3 key levels to be monitored, ORCL is below the 20-day moving average , which indicates the presence of a negative short-term trend, below the 50-day moving average which indicates the presence of a negative mid-term trend and below the 200-day moving average which indicates the presence of a negative long-term trend.


Lennar Corp (LEN)

Lennar Corporation is the leading builder of quality new homes in the most desirable real estate markets across the nation. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name.

During the last 3 earnings reports, LEN reported better than expected EPS on 3 occasions with an average EPS surprise of 28,5% . During the same period, LEN stock price reacted positively on 3 occasions with an average reaction of 2,3% .

In the recently ended quarter, analysts expect a -0,8% EPS decline over the same period last year and in the past 3 months LEN overperformed the S&P 500 index by 49,2% . Finally, during the past 3 years LEN in its worst trading session has fallen by -19,6% , while in its best session it has risen by 21,3% .

Earnings Report date: June 16 (Before-Market-Open)

FINANCIALS:

During the last quarter, LEN reported $4.505 million in revenue, up 16,5% compared to $3.868 million reported in the same quarter 12 months earlier. In the same period, net income increased by 66,1% to $399 million, compared to net income of $240 million in the previous period, while net margin was 8,8% , improved by 42,6% compared to the same quarter 12 months earlier.

Focusing on annual data, LEN revenue in the last 4 quarters totaled $22.897 million, an increase of 109,1% compared to $10.950,0 million in revenue reported 3 years ago. During the same period, LEN reported a 120,2% increase in net income to $2.008 million, compared to $911,8 million net income in the previous period, while the net margin improved by 5,3% .

KEY CHART LEVELS:

The current price of LEN is $59,25 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $65,92 , 11,26% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $54,53 , -8,66% away from the current price.

Compared to the other 3 key levels to be monitored, LEN is below the 20-day moving average , which indicates the presence of a negative short-term trend, above the 50-day moving average which indicates the presence of a positive mid-term trend and above the 200-day moving average which indicates the presence of a positive long-term trend.


Groupon (GRPN)

Groupon, Inc. operates a shopping website which offers goods and services at a discount in North America and internationally. It offers deals in health and beauty, retail, services, activities, events, and food and drink. 

During the last 3 earnings reports, GRPN reported better than expected EPS on 1 occasions with an average EPS surprise of -4,8% . During the same period, GRPN stock price reacted positively on 1 occasions with an average reaction of -15,3% .

In the recently ended quarter, analysts expect a -1600,0% EPS decline over the same period last year and in the past 3 months GRPN overperformed the S&P 500 index by 47,1% . Finally, during the past 3 years GRPN in its worst trading session has fallen by -44,3% , while in its best session it has risen by 27,3% .

Earnings Report date: June 16 (After-Market-Close)

FINANCIALS:

During the last quarter, GRPN reported $612 million in revenue, down -23,5% compared to $800 million reported in the same quarter 12 months earlier. In the same period, net income increased by 66,7% to $77 million, compared to net income of $46 million in the previous period, while net margin was 12,6% , improved by 117,7% compared to the same quarter 12 months earlier.

Focusing on annual data, GRPN revenue in the last 4 quarters totaled $2.219 million, an decrease of -26,4% compared to $3.013,6 million in revenue reported 3 years ago. During the same period, GRPN reported a 88,5% increase in net income to -$22 million, compared to -$194,6 million net loss in the previous period, while the net margin improved by 84,4% .

KEY CHART LEVELS:

The current price of GRPN is $21,75 . The first key level to be overcome on the upside that could lead to a positive trend is the resistance at $35,92 , 65,15% away from the current price. The second key level that if exceeded to the downside could lead at the beginning of a negative trend is the support at $19,94 , -9,08% away from the current price.

Compared to the other 3 key levels to be monitored, GRPN is below the 20-day moving average , which indicates the presence of a negative short-term trend, below the 50-day moving average which indicates the presence of a negative mid-term trend and below the 200-day moving average which indicates the presence of a negative long-term trend.


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 section

– Explanation –

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.


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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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