Upcoming Earnings Releases for the next 4 weeks

by bigbear0083

 

Here is everything you need to know to get you ready for the trading week beginning November 26th, 2018.

Trump’s trade talks with China could snap markets out of their funk – (Source)


As stocks enter the short Thanksgiving holiday week, investors looking for any signs of a market comeback are paying close attention to trade developments with China.


The coming week could be an important turning point for two big fear factors for markets — trade wars and rising interest rates.


The big event of the week, and one that could impact markets and the economy for months to come, is the meeting between President Donald Trump and China President Xi Jinping on the sidelines of the G-20 in Buenos Aires, which starts Friday. There is hope that both sides will show a willingness to negotiate and hold off on a further escalation of tariffs.


There is also an appearance by Fed Chairman Jerome Powell at the Economic Club of New York on Wednesday, and traders are hoping he will calm some of the market angst about rising interest rates. Fed officials recently have sounded slightly more dovish, and the market has begun pricing out multiple rate hikes for next year, though a rate hike is expected when the Fed meets Dec. 18 and 19.


Stocks sold off in the worst Thanksgiving holiday week for the Dow, Nasdaq and S&P 500 since 2011. The Dow was down 4.4 percent for the week, to 24,286, while the S&P 500 was off 3.8 percent, to 2,632. Nasdaq was down 4.3 percent, at 6,938.


Stakes are high for the talks between Trump and Xi, and traders have been awaiting that meeting as a potential catalyst that could shake the market out of its current slump. The S&P 500 has lost 9.7 percent since the beginning of the quarter and is now down 1.5 percent for the year so far. It is also more than 10 percent off its high, entering correction territory.


“It won’t be a viable move unless there is reason to think this is more than just a feel-good announcement from the White House. It could be very important for markets,” said Quincy Krosby, chief market strategist at Prudential Financial. If the talks show no signs of progress, strategists said it could be a major negative for stocks.


Many economists have factored a trade war into their forecasts for 2019 and expect the tariffs to have some impact on the economy, especially if they are increased, as threatened by Trump. Tariffs on $200 billion in Chinese goods are set to rise to 25 percent from 10 percent in January, and Trump has said he may ultimately tax all Chinese imports.


“The greatest boost Trump could provide to the economy would be to lift the tariffs on China to get a better deal with China on trade. Our sense is a deal is not priced into financial markets, as skepticism remains that either side can reach an agreement politically,” notes Strategas Research’s Dan Clifton, head of policy research.


“We try to not sugarcoat that reaching an agreement between China and the U.S. will be easy … we believe the U.S. and China both have an incentive to do a deal now. We do not expect a formal agreement but a framework that guides the path forward for a future deal,” he added.


U.S. officials have been hopeful for progress, including Trump, who said that China wants to make a deal, but there were tensions between Xi and Vice President Mike Pence at the recent Apec summit. On Friday, Chinese Vice Minister of Commerce Wang Shouwen was quoted as saying China hopes to meet the U.S. halfway on trade issues.


But it’s unclear whether the meeting will result in much progress. Analysts see it as a positive that White House trade advisor Peter Navarro, a strident critic of China, will not be at the meeting.


(Click Here to read the full article!)


This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P HEAT MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday’s close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Sector Performance WTD, MTD, YTD:

(CLICK HERE FOR FRIDAY’S PERFORMANCE!)
(CLICK HERE FOR THE WEEK-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE MONTH-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 3-MONTH PERFORMANCE!)
(CLICK HERE FOR THE YEAR-TO-DATE PERFORMANCE!)
(CLICK HERE FOR THE 52-WEEK PERFORMANCE!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday’s close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday’s close:

(CLICK HERE FOR THE CHART!)

Major Indices Rally Levels as of Friday’s close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO’s for this week:

(CLICK HERE FOR THE CHART!)

Friday’s Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR CHART LINK!)

A Historically Bad Q4 So Far

With the S&P 500 falling 9.08% QTD, it has been the sixth-worst start to the fourth quarter in the history of the S&P 500. The only worse Q4s (through 37 trading days) came during some of the worst years for the stock market (1929, the 1930s, 1973, 1987, and 2008).

Below is a table showing the worst starts to Q4 for the S&P 500 through 37 trading days. Any drop of more than 2% at this point in the quarter made the list. As shown in the table, the average change for the S&P for the remainder of these years has been a gain of 2.77% with positive returns 78.26% of the time. For all other Q4s in the S&P’s history, the average change for the remainder of the year has been +1.61%.

Of course, it’s not all good news. If you look at the window of Q4s that were down between 8% and 12% like we are this year, the S&P actually declined for the remainder of those four years.

And in case you don’t remember, at this point in Q4 2008, the S&P was down 35.5%! In that year, the S&P ended up rallying 20% for the remainder of the year before plummeting to new lows again in the first quarter of 2009.

(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for November 26th, 2018

([CLICK HERE FOR THE YOUTUBE VIDEO!]())

(VIDEO NOT YET UP!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 11.25.18

([CLICK HERE FOR THE YOUTUBE VIDEO!]()

(VIDEO NET YET UP!)


Here are the most notable companies reporting earnings in this upcoming trading week ahead-


  • $CRM
  • $WB
  • $SPLK
  • $NTNX
  • $DLTR
  • $DKS
  • $TIF
  • $BURL
  • $PANW
  • $BOX
  • $DSX
  • $ZUO
  • $BNS
  • $JKS
  • $SINA
  • $GWPH
  • $VEEV
  • $ANF
  • $CBRL
  • $HIBB
  • $KSHB
  • $VMW
  • $AMBA
  • $HMLP
  • $WDAY
  • $DAVA
  • $RY
  • $SJM
  • $GME
  • $JILL
  • $VJET
  • $AMWD
  • $ITRN
  • $TD
  • $PAGS
  • $KNOP
  • $TLYS
  • $BKE
  • $GSM
  • $HPQ
  • $TECD
(CLICK HERE FOR THIS WEEK’S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR THIS WEEK’S HIGHEST VOLATILE EARNINGS RELEASES!)
(CLICK HERE FOR THE EARNINGS RELEASES FOR THE NEXT 4 WEEKS!)

Here are the most notable earnings releases for the trading week beginning November 26th, 2018.


Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:


Monday 11.26.18 Before Market Open:

(CLICK HERE FOR MONDAY’S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Monday 11.26.18 After Market Close:

(CLICK HERE FOR MONDAY’S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 11.27.18 Before Market Open:

(CLICK HERE FOR TUESDAY’S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 11.27.18 After Market Close:

(CLICK HERE FOR TUESDAY’S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 11.28.18 Before Market Open:

(CLICK HERE FOR WEDNESDAY’S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 11.28.18 After Market Close:

(CLICK HERE FOR WEDNESDAY’S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 11.29.18 Before Market Open:

(CLICK HERE FOR THURSDAY’S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 11.29.18 After Market Close:

(CLICK HERE FOR THURSDAY’S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 11.30.18 Before Market Open:

(CLICK HERE FOR FRIDAY’S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 11.30.18 After Market Close:

NONE.


Salesforce $122.03

Salesforce (CRM) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, November 27, 2018. The consensus earnings estimate is $0.50 per share on revenue of $3.37 billion and the Earnings Whisper ® number is $0.55 per share. Investor sentiment going into the company’s earnings release has 79% expecting an earnings beat The company’s guidance was for earnings of $0.49 to $0.50 per share. Consensus estimates are for year-over-year earnings growth of 31.58% with revenue increasing by 25.75%. Short interest has decreased by 26.6% since the company’s last earnings release while the stock has drifted lower by 19.2% from its open following the earnings release to be 9.5% below its 200 day moving average of $134.79. Overall earnings estimates have been revised higher since the company’s last earnings release. On Wednesday, November 21, 2018 there was some notable buying of 10,251 contracts of the $120.00 put expiring on Friday, February 15, 2019. Option traders are pricing in a 7.0% move on earnings and the stock has averaged a 1.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Weibo Corporation $56.93

Weibo Corporation (WB) is confirmed to report earnings at approximately 5:40 AM ET on Wednesday, November 28, 2018. The consensus earnings estimate is $0.72 per share on revenue of $453.78 million and the Earnings Whisper ® number is $0.73 per share. Investor sentiment going into the company’s earnings release has 65% expecting an earnings beat The company’s guidance was for revenue of $465.00 million to $475.00 million. Consensus estimates are for year-over-year earnings growth of 46.94% with revenue increasing by 41.79%. Short interest has decreased by 10.4% since the company’s last earnings release while the stock has drifted lower by 36.1% from its open following the earnings release to be 39.3% below its 200 day moving average of $93.73. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, October 24, 2018 there was some notable buying of 2,062 contracts of the $65.00 call expiring on Friday, January 18, 2019. Option traders are pricing in a 12.6% move on earnings and the stock has averaged a 9.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Splunk Inc. $92.57

Splunk Inc. (SPLK) is confirmed to report earnings at approximately 4:00 PM ET on Thursday, November 29, 2018. The consensus earnings estimate is $0.32 per share on revenue of $432.27 million and the Earnings Whisper ® number is $0.30 per share. Investor sentiment going into the company’s earnings release has 73% expecting an earnings beat The company’s guidance was for revenue of $430.00 million to $432.00 million. Consensus estimates are for year-over-year earnings growth of 88.24% with revenue increasing by 31.53%. Short interest has increased by 127.1% since the company’s last earnings release while the stock has drifted lower by 19.4% from its open following the earnings release to be 12.5% below its 200 day moving average of $105.81. Overall earnings estimates have been revised higher since the company’s last earnings release. On Monday, November 12, 2018 there was some notable buying of 10,111 contracts of the $90.00 put expiring on Friday, March 15, 2019. Option traders are pricing in a 11.8% move on earnings and the stock has averaged a 10.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Nutanix, Inc. $39.95

Nutanix, Inc. (NTNX) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, November 27, 2018. The consensus estimate is for a loss of $0.27 per share on revenue of $304.81 million and the Earnings Whisper ® number is ($0.24) per share. Investor sentiment going into the company’s earnings release has 76% expecting an earnings beat The company’s guidance was for a loss of $0.28 to $0.26 per share on revenue of $295.00 million to $310.00 million. Consensus estimates are for earnings to decline year-over-year by 237.50% with revenue increasing by 10.62%. Short interest has increased by 6.6% since the company’s last earnings release while the stock has drifted lower by 30.1% from its open following the earnings release to be 19.1% below its 200 day moving average of $49.37. Overall earnings estimates have been revised lower since the company’s last earnings release. On Thursday, November 8, 2018 there was some notable buying of 1,045 contracts of the $55.00 call expiring on Friday, December 21, 2018. Option traders are pricing in a 13.8% move on earnings and the stock has averaged a 6.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Dollar Tree Stores, Inc. $83.01

Dollar Tree Stores, Inc. (DLTR) is confirmed to report earnings at approximately 7:30 AM ET on Thursday, November 29, 2018. The consensus earnings estimate is $1.15 per share on revenue of $5.55 billion and the Earnings Whisper ® number is $1.14 per share. Investor sentiment going into the company’s earnings release has 53% expecting an earnings beat The company’s guidance was for earnings of $1.11 to $1.18 per share. Consensus estimates are for year-over-year earnings growth of 13.86% with revenue increasing by 4.39%. Short interest has increased by 38.7% since the company’s last earnings release while the stock has drifted lower by 7.4% from its open following the earnings release to be 8.3% below its 200 day moving average of $90.55. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, November 12, 2018 there was some notable buying of 13,900 contracts of the $82.00 put expiring on Friday, November 30, 2018. Option traders are pricing in a 8.7% move on earnings and the stock has averaged a 8.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)


DICK’S Sporting Goods, Inc. $34.78

DICK’S Sporting Goods, Inc. (DKS) is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, November 28, 2018. The consensus earnings estimate is $0.26 per share on revenue of $1.87 billion and the Earnings Whisper ® number is $0.30 per share. Investor sentiment going into the company’s earnings release has 51% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 13.33% with revenue decreasing by 3.82%. Short interest has increased by 50.8% since the company’s last earnings release while the stock has drifted higher by 6.0% from its open following the earnings release to be 0.3% above its 200 day moving average of $34.67. Overall earnings estimates have been revised higher since the company’s last earnings release. On Friday, November 16, 2018 there was some notable buying of 4,000 contracts of the $43.00 call expiring on Friday, December 21, 2018. Option traders are pricing in a 11.5% move on earnings and the stock has averaged a 11.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Tiffany & Co. $102.41

Tiffany & Co. (TIF) is confirmed to report earnings at approximately 6:40 AM ET on Wednesday, November 28, 2018. The consensus earnings estimate is $0.76 per share on revenue of $1.05 billion and the Earnings Whisper ® number is $0.81 per share. Investor sentiment going into the company’s earnings release has 56% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 5.00% with revenue increasing by 7.56%. Short interest has increased by 17.1% since the company’s last earnings release while the stock has drifted lower by 25.5% from its open following the earnings release to be 11.8% below its 200 day moving average of $116.15. Overall earnings estimates have been revised higher since the company’s last earnings release. On Wednesday, November 14, 2018 there was some notable buying of 6,006 contracts of the $110.00 put expiring on Friday, November 30, 2018. Option traders are pricing in a 9.2% move on earnings and the stock has averaged a 6.8% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Burlington Stores Inc $148.32

Burlington Stores Inc (BURL) is confirmed to report earnings at approximately 6:45 AM ET on Wednesday, November 28, 2018. The consensus earnings estimate is $1.06 per share on revenue of $1.60 billion and the Earnings Whisper ® number is $1.12 per share. Investor sentiment going into the company’s earnings release has 57% expecting an earnings beat The company’s guidance was for earnings of $1.00 to $1.04 per share. Consensus estimates are for year-over-year earnings growth of 51.43% with revenue increasing by 11.25%. Short interest has increased by 53.9% since the company’s last earnings release while the stock has drifted lower by 7.7% from its open following the earnings release to be 0.2% above its 200 day moving average of $148.00. Overall earnings estimates have been revised higher since the company’s last earnings release. On Thursday, November 15, 2018 there was some notable buying of 2,040 contracts of the $180.00 call expiring on Friday, December 21, 2018. Option traders are pricing in a 6.7% move on earnings and the stock has averaged a 3.6% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Palo Alto Networks, Inc. $166.40

Palo Alto Networks, Inc. (PANW) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, November 29, 2018. The consensus earnings estimate is $1.05 per share on revenue of $631.70 million and the Earnings Whisper ® number is $1.11 per share. Investor sentiment going into the company’s earnings release has 77% expecting an earnings beat The company’s guidance was for earnings of $1.04 to $1.06 per share on revenue of $625.00 million to $635.00 million. Consensus estimates are for year-over-year earnings growth of 36.36% with revenue increasing by 24.97%. Short interest has increased by 20.3% since the company’s last earnings release while the stock has drifted lower by 28.2% from its open following the earnings release to be 16.6% below its 200 day moving average of $199.45. Overall earnings estimates have been revised lower since the company’s last earnings release. Option traders are pricing in a 9.2% move on earnings and the stock has averaged a 6.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)


Box, Inc. $17.00

Box, Inc. (BOX) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, November 28, 2018. The consensus estimate is for a loss of $0.07 per share on revenue of $154.54 million and the Earnings Whisper ® number is ($0.08) per share. Investor sentiment going into the company’s earnings release has 59% expecting an earnings beat The company’s guidance was for a loss of $0.08 to $0.07 per share on revenue of $154.00 million to $155.00 million. Consensus estimates are for year-over-year earnings growth of 56.25% with revenue increasing by 19.52%. Short interest has decreased by 2.7% since the company’s last earnings release while the stock has drifted lower by 31.1% from its open following the earnings release to be 26.5% below its 200 day moving average of $23.13. Overall earnings estimates have been revised higher since the company’s last earnings release. On Thursday, November 8, 2018 there was some notable buying of 3,778 contracts of the $21.00 call expiring on Friday, December 21, 2018. Option traders are pricing in a 14.6% move on earnings and the stock has averaged a 9.3% move in recent quarters.

(CLICK HERE FOR THE CHART!)

 

355 views