(FINAL!!!) Upcoming Earnings Reports | Week of May 18

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 due 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 Baidu Inc , with an estimated EPS growth in this quarter of 460,0% , while the company with the lowest expectations is Palo Alto Networks with an estimated EPS decrease of -436,4% .

During the past 3 quarters, the company that exceeded analysts’ expectations the most was Baidu Inc with an average EPS surprise of 73,9% , while the company that struggled the most was Palo Alto Networks with an average EPS surprise of -39,3% .

Target Corp has had the best reaction to the last 3 earnings reports, rising on average by 10,5% during the day, while the company with the worst reaction was Palo Alto Networks with an average decrease of -7,7% .

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 Sorrento Therpt with a 174,4% overperformance , while the company that performed worse than the index was Baidu Inc with a -11,0% 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 Baidu Inc with a 201,3% increase , while the company that reported the worst earnings growth was Palo Alto Networks with a -2734,6% 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.


Alibaba Group Holding (BABA)

Alibaba Group Holding Limited operates online and mobile marketplaces in retail and wholesale trade, as well as cloud computing and other services. It provides technology and services to enable consumers, merchants, and other participants to conduct commerce in its ecosystem.

During the last 3 earnings reports, BABA reported better than expected EPS on 3 occasions with an average EPS surprise of 25,2% . During the same period, BABA stock price reacted positively on 1 occasions with an average reaction of 0,4% .

In the recently ended quarter, analysts expect a -33,0% EPS decline over the same period last year and in the past 3 months BABA overperformed the S&P 500 index by 7,1% . Finally, during the past 3 years BABA in its worst trading session has fallen by -7,8% , while in its best session it has risen by 13,3% .

Earnings Report date: May 22 (Before-market-open)

FINANCIALS:

During the last quarter, BABA reported $23.188 million in revenue, up 36,0% compared to $17.050 million reported in the same quarter 12 months earlier. In the same period, net income increased by 55,6% to $7.493 million, compared to net income of $4.815 million in the previous period, while net margin was 32,3% , improved by 14,4% compared to the same quarter 12 months earlier.

Focusing on annual data, BABA revenue in the last 4 quarters totaled $70.214 million, an increase of 348,1% compared to $15.670,6 million in revenue reported 3 years ago. During the same period, BABA reported a 123,3% increase in net income to $24.720 million, compared to $11.071,7 million net income in the previous period, while the net margin worsened by -50,2% .

KEY CHART LEVELS:

In the proximity of the earnings report, the first objective remains the breaking of the trendline that has stopped the ascent of BABA for several months. It has recently passed the 50-day moving average and has a resistance in the $ 216 area. It is currently 13% away from the historical highs of the beginning of 2020.


Nvidia Corp (NVDA)

NVIDIA Corporation is the worldwide leader in graphics processors and media communications devices.

During the last 3 earnings reports, NVDA reported better than expected EPS on 3 occasions with an average EPS surprise of 12,4% . During the same period, NVDA stock price reacted positively on 2 occasions with an average reaction of 3,9% .

In the recently ended quarter, analysts expect a 103,0% EPS increase over the same period last year and in the past 3 months NVDA overperformed the S&P 500 index by 23,4% . Finally, during the past 3 years NVDA in its worst trading session has fallen by -18,8% , while in its best session it has risen by 17,8% .

Earnings Report date: May 21 (After-market-close)

FINANCIALS:

During the last quarter, NVDA reported $3.105 million in revenue, up 40,8% compared to $2.205 million reported in the same quarter 12 months earlier. In the same period, net income increased by 68,0% to $951 million, compared to net income of $566 million in the previous period, while net margin was 30,6% , improved by 19,3% compared to the same quarter 12 months earlier.

Focusing on annual data, NVDA revenue in the last 4 quarters totaled $10.918 million, an increase of 58,0% compared to $6.910,0 million in revenue reported 3 years ago. During the same period, NVDA reported a 67,8% increase in net income to $2.796 million, compared to $1.666,0 million net income in the previous period, while the net margin improved by 6,2% .

KEY CHART LEVELS:

NVDA is currently on historic highs after hitting $ 316. Based on this, it has no identifiable targets ahead of it, other than hitting further historic highs.


Target Corp (TGT)

Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices.

During the last 3 earnings reports, TGT reported better than expected EPS on 3 occasions with an average EPS surprise of 9,7% . During the same period, TGT stock price reacted positively on 2 occasions with an average reaction of 10,5% .

In the recently ended quarter, analysts expect a -52,3% EPS decline over the same period last year and in the past 3 months TGT overperformed the S&P 500 index by 18,5% . Finally, during the past 3 years TGT in its worst trading session has fallen by -12,3% , while in its best session it has risen by 20,4% .

Earnings Report date: May 20 (Before-market-open)

FINANCIALS:

During the last quarter, TGT reported $23.399 million in revenue, up 1,8% compared to $22.977 million reported in the same quarter 12 months earlier. In the same period, net income increased by 4,5% to $834 million, compared to net income of $798 million in the previous period, while net margin was 3,6% , improved by 2,6% compared to the same quarter 12 months earlier.

Focusing on annual data, TGT revenue in the last 4 quarters totaled $78.112 million, an increase of 11,2% compared to $70.271,0 million in revenue reported 3 years ago. During the same period, TGT reported a 20,0% increase in net income to $3.281 million, compared to $2.734,0 million net income in the previous period, while the net margin improved by 8,0% .

KEY CHART LEVELS:

TGT is currently facing resistance, so the first potential target following the earnings report is to overcome this obstacle. It is well above both the moving averages and the historical highs of the beginning of 2020 are only 8% distant.


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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