Weekly EPS Forecasts Preview: CRM, INTU, PDD, SNOW, DELL…
[Wow][Allin]Hello Tigers,
Which stock are you most looking forward to when the results are released this week?
1. Below are 20 companies by market value that will release earnings this week.
Top 10 stocks may release higher YoY EPS data : $Salesforce.com(CRM)$ , $Intuit(INTU)$ , $Synopsys(SNPS)$ , $Workday(WDAY)$ , $Snowflake(SNOW)$ , $CrowdStrike Holdings, Inc.(CRWD)$ , $Canadian Imperial Bank of Commerce(CM)$ , $Johnson Controls(JCI)$ , $Kroger(KR)$ , $Splunk(SPLK)$ , $Hewlett Packard Enterprise(HPE)$
The top 10 stocks might offer lower-than-estimated YoY EPS data: $Pinduoduo Inc.(PDD)$, $Royal Bank of Canada(RY)$ , $Toronto-Dominion Bank(TD)$ , $Dell Technologies Inc.(DELL)$ , $Bank of Nova Scotia(BNS)$ , $Marvell Technology(MRVL)$ , $Dollar Tree(DLTR)$ , $Ulta Salon Cosmetics & Fragrance(ULTA)$ , $NetApp(NTAP)$ , $Five Below(FIVE)$
2.Why EPS matters?
Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market. EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability. I
nvestors like companies with high profitability, and the market always rewards those earnings results that beat the estimates.
You may have interest to read:
@TigerGPT: Q: What is Salesforce.com 2024/Q3 Earnings Preview?
@Selling For Premium: Option Strategies: CRM, PATH, SNOW& PDD
@nerdbull1669:
Pinduoduo (PDD) Option Implied Volatility (IV) & Technicals Uptrend Suggest Upside Post Earnings
Intuit (INTU) Implied Volatility Skew Suggest Fear Of Downside Move Priced In
CrowdStrike (CRWD) Earnings Implied Volatility Crush Suggest Upside After Result
Splunk (SPLK) Implied Volatility Skew Indicate Slightly Bullish Post Earnings
@Daniel Schonberger: Kroger Is A Buy, But I Don't Like The Merger
3.Questions For Tigers
How will the above stocks perform after the results?
Do you have a trading plan for certain stocks？
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
I looks good with Chinese ADRs for mid term investment. Among the stocks listed above, I prefer PDD the most. In the third quarter of 2023, PDD Holdings experienced a significant increase in total revenue, outpacing consensus estimates by a considerable margin. This growth is attributed to a clear trend of consumption upgrades among users on PDD platform, along with the company commitment to a high-quality development strategy that harmonizes quality with price. Additionally, PDD Holdings has shown a strategic focus on investing in user subsidies and direct price reductions, which has contributed to their robust revenue performance, particularly in transaction services which surged impressively year over year. Therefore it will be a bullish vote to$Pinduoduo Inc.(PDD)$
As the stocks market is recovering and Chinese companies are doing great in the recent earnings result, and since most of them are undervalued right now, I do have a bullish vote on the Chinese companies like $Alibaba(BABA)$
@TigerStars @MillionaireTiger @Tiger_comments @TigerClub @TigerEvents @CaptainTiger @TigerWire
Based on the forecast data, here are the EPS expectations for the companies you mentioned:
Salesforce.com (CRM):
Estimated EPS: $1.51
Last Year's EPS: $0.73
Intuit (INTU):
Estimated EPS: $0.70
Last Year's EPS: $0.57
Pinduoduo Inc. (PDD):
Estimated EPS: $0.99
Last Year's EPS: $1.03
Snowflake (SNOW):
Estimated EPS: ($0.34)
Last Year's EPS: ($0.60)
Dell Technologies Inc. (DELL):
Estimated EPS: $1.23
Last Year's EPS: $2.01
Among these companies, Pinduoduo Inc. (PDD) and Dell Technologies Inc. (DELL) are expected to have higher EPS compared to the same period last year. On the other hand, Salesforce.com (CRM), Intuit (INTU), and Snowflake (SNOW) are expected to have lower EPS compared to the previous year.
It's important to note that these are just estimates, and actual results may vary. It's recommended to consider other factors such as revenue, market conditions, and company announcements when making trading decisions.
Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it's important to conduct thorough research and analysis before making any investment decisions.
$拼多多(PDD)$ came out with their results and the stock gapped up 15%. Gapups after improvement in company fundamentals are strong bullish indicators.
$Salesforce.com(CRM)$
Salesforce's competitive edge lies in its CRM solutions, with solid market leadership and expected profitability growth. AI has various applications in CRM, including increased sales, productivity, and cost savings, which could boost the growth of the CRM market. Salesforce's shares surged by approximately 57% over the year, driven by a strong focus on AI integration in its customer relationship management software. Despite its growth potential, Salesforce faces potential challenges related to macroeconomic factors affecting its sales cycle, which could impact its valuation.
$CrowdStrike Holdings, Inc.(CRWD)$ Delivered - EPS $0.82 vs Est. $0.74 - Sales $786M vs Est. $777M