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Leigh Drogen

 
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  • Here's What Investors Expect From SanDisk On Wednesday
    Wed, Jul. 16 SNDK 3 Comments

    Summary

    • SanDisk is set to report FQ2 2014 earnings after the market closes on Wednesday, July 16th.
    • Contributing analysts on the Estimize.com platform are expecting SanDisk to maintain its streak and come in a few cents per share ahead of the Street's consensus.
    • Interestingly, there is a wide range of estimates submitted for SanDisk this quarter, with a large portion of the distribution well below the Wall Street consensus.
  • What To Expect From eBay On Wednesday
    Wed, Jul. 16 EBAY 6 Comments

    Summary

    • eBay is set to report FQ2 2014 earnings after the market closes on Wednesday, July 16th.
    • While PayPal's growth has taken off in recent quarters, eBay's core online auction and shopping business has remained relatively quiet.
    • This quarter contributing analysts on the Estimize.com platform are expecting eBay to maintain its streak and come in a few cents per share ahead of the Street's consensus.
  • Here's What The Buy Side Expects From Citigroup
    Fri, Jul. 11 WFC, C 9 Comments

    Summary

    • Most banks are expected to report an earnings downturn this quarter.
    • This quarter the buy-side as represented by the Estimize.com community is expecting Citigroup to beat the Wall Street earnings consensus by close to 5%.
    • On Monday, we will see if Wells Fargo’s miss against the Estimize consensus was an isolated incident, or if more weakness from the banks can be expected going forward.
  • Most Banks Are Expected To Stumble This Earnings Season, But Not This One
    Thu, Jul. 10 WFC Comment!

    Summary

    • The financials are predicted to be one of the weaker industries this earnings season, but while most banks are forecast to report earnings downturns, modest growth is still expected from Wells Fargo.
    • Wells Fargo has now matched or beaten the Wall Street consensus 8 quarters in a row.
    • A narrow range of earnings estimates signals more agreement in the market, which could mean less volatility post earnings.
  • Earnings Season Preview: What To Expect From The Banks
    Wed, Jul. 9 C, GS, JPM 1 Comment

    Summary

    • Earnings expectations are more optimistic than they've been since the 4th quarter of 2011 and the stock market is near all time highs.
    • While most sectors are slated for strong performances, the financials are an exception to the rule.
    • Contributing analysts on the Estimize.com platform are expecting the financials to report weaker earnings compared to FQ2 of last year, but still manage to edge past the deflated estimates set by Wall Street.
  • Racing To The Bottom: Why Box Has It Wrong And Uber Has It Right
    Tue, Jul. 8 BOX Comment!

    Summary

    • If the strategy in delaying the IPO was to hold out for a higher valuation when the IPO market picks up, Box may have even done itself a disservice.
    • Box is fighting a race to the bottom on price in an industry with a completely commoditized product.
    • Uber recently raised $1.2 billion in a massive round of fundraising and has wasted no time at all in slashing prices to compete with Lyft and traditional taxi services on cost.
  • What To Expect When Alcoa Kicks Off Earnings Season Tuesday
    Mon, Jul. 7 AA 2 Comments

    Summary

    • Tuesday afternoon an in-line report from Alcoa will likely be enough to keep investors satisfied.
    • Recent financial results at Alcoa have been mixed news, but that hasn't stopped company stock from being hot since October.
    • This quarter contributing analysts on the Estimize.com platform have expectations that are in-line with Wall Street for Alcoa's FQ2 earnings release.
  • Here's What To Expect From This Morning's Job Report
    Thu, Jul. 3 1 Comment

    Summary

    • ADP released its jobs report Wednesday morning, estimating that 281K private non-farm jobs were added to the economy during June.
    • This quarter contributing economic analysts on the Estimize.com platform are expecting an increase of 246K jobs in Thursday's report.
    • The consensus expectation from Bloomberg for the BLS jobs report is for only 211K jobs to be added, an estimate well below the Estimize consensus of 246K.
  • Doom And Boom At GM: More Recalls But Sales Keep Rising
    Tue, Jul. 1 GM 21 Comments

    Summary

    • GM shares were briefly halted from trading as the automaker announced it would be recalling another 7.6 million vehicles.
    • The latest estimates have GM incurring a cost of $1.2 billion to fix vehicles recalled in its second fiscal quarter of 2014 alone.
    • However, GM's June sales figure was released earlier and it shows that GM auto sales rose 1% last month, despite analysts forecasting a 6.3% downturn.
  • Here's Why There Is A Good Chance KB Home Will Crush Earnings Estimates On Friday
    Thu, Jun. 26 KBH 2 Comments

    Summary

    • The previous housing starts economic indicator data revealed that new home starts came in about 50,000 homes fewer than expected.
    • This quarter Wall Street is expecting KB Home to report a significant increase in FQ2 EPS and for a 4% boost in year over years sales.
    • This quarter the buy-side as represented by the Estimize.com community is expecting KB Home to beat the Wall Street consensus on the top and bottom line by a moderate margin.
  • GoPro Goes Public: Here's What You Ought To Know
    Thu, Jun. 26 AMBA, GPRO 11 Comments

    Summary

    • In 2013 GoPro reported revenue of $985 million, nearly doubling the level set one year prior.
    • However, in the first quarter of 2014, GoPro's sales worryingly slipped 8% on a year-over-year basis and EPS declined from 23 cents to 11 cents.
    • An 8% decline in year-over-year revenue isn't great, but it is worth noting that in the previous FQ4 GoPro was coming off a 191% increase.
  • Will World Cup Fever Fuel Nike Earnings Or Will Higher Ad Costs Hold Them Back?
    Wed, Jun. 25 NKE 2 Comments

    Summary

    • This quarter Wall Street expects Nike's earnings to remain flat compared to last year while sales increase by nearly 10% on a year-over-year basis.
    • Last quarter Nike posted great results, beating the Wall Street earnings consensus by 3 cents per share and $154 million in sales.
    • In calendar 2013 Nike reported $1.9 billion in soccer-related sales, and that number is expected to be boosted this year by World Cup hype.
  • Will Bed Bath & Beyond Turn Around Its 6-Month Slump On Wednesday?
    Tue, Jun. 24 BBBY 1 Comment

    Summary

    • The home goods company has missed analyst forecasts 2 quarters in a row, and will be hoping that Spring sales can turn things around.
    • This quarter, Wall Street is expecting modest gains relative to the comparable quarter of last year, with EPS improving by 2 cents per share and revenue increasing by 3% on a year-over-year basis.
    • However, BBBY shares have been on a slide, and investors are not as optimistic as Wall Street about the prospects for growth this quarter.
  • Here's What The Buy Side Expects From Monsanto On Wednesday
    Tue, Jun. 24 MON 1 Comment

    Summary

    • This quarter Wall Street is expecting Monsanto to report EPS of $1.55 for an 11c decline compared to last year and yoy sales growth of just 3%.
    • This quarter the buy-side as represented by the Estimize.com community is expecting Monsanto to beat the Wall Street consensus on both EPS and revenue by a considerable margin.
    • A wide range of earnings estimates signals less agreement in the market, which could mean greater volatility post earnings.
  • See How Traders Are Finding Ways To Bet On Uber
    Tue, Jun. 24 TAXI, CAR, HTZ 8 Comments

    Summary

    • After raising $1.2 billion in funding and garnering a massive $17 billion pre-money valuation, Uber may be one of the most attractive companies out there for would be investors.
    • Unfortunately though, Uber shares are out of reach for most as the on demand car-sharing app remains a privately held company.
    • One way to bet on Uber is by betting against the taxi industry it aims to dethrone.
    • Uber drivers must provide their own car to become a driver, which is why Uber has a much cheaper cost structure compared to either Medallion Financial or the Zipcar subsidiary of Avis.
    • Since Uber is private, it doesn’t need to make its financial information publicly available, so we don’t know exactly how fast it’s growing. What we do know is that traders are starting to place their bets, and it looks like they think Uber will win and traditional yellow taxi cab companies will be the losers.
  • What The Buy Side Expects From Carnival Cruise Line On Tuesday
    Mon, Jun. 23 CCL Comment!

    Summary

    • Despite some headlining-grabbing mishaps, Carnival has managed to outperform Wall Street's earnings expectations in each of the past six quarters.
    • The current Wall Street consensus expectation is for Carnival to report 2 cents EPS and $3.594B revenue.
    • The current Estimize.com consensus from Buy Side and Independent contributing analysts is 4 cents EPS and $3.595B in revenue.
  • Expectations For Micron Technology's Earnings Report
    Mon, Jun. 23 MU 7 Comments

    Summary

    • Micron Technology Inc. is set to report FQ4 2014 earnings after the market closes on Monday, June 23rd.
    • Micron has reported 5 straight quarters of top and bottom line growth, with sales and profits picking up rapidly over the past 6 months.
    • Micron shares recently got a boost when Intel raised its quarterly guidance, citing stronger than expected demand for PC semiconductors from enterprise customers.
    • This quarter, the buy side as represented by the Estimize.com community is expecting Micron Technology to beat the Wall Street earnings consensus by a considerable margin.
  • Will Walgreen's Business Pick Up When CVS Drops Cigarette Sales?
    Mon, Jun. 23 WAG, CVS 3 Comments

    Summary

    • Walgreen Co. is set to report FQ3 2014 earnings before the market opens on Tuesday, June 24th.
    • Walgreen has refused to fold on tobacco and could stand to add billions in sales from cigarette shoppers after CVS Caremark stops selling tobacco products in October.
    • For now, Wall Street expects continued modest growth from Walgreen. This quarter, sales are expected to increase about 5% compared to the same quarter last year, while earnings increase by 9c per share.
  • Here's What The Buy Side Expects From CarMax On Friday
    Thu, Jun. 19 KMX Comment!

    Summary

    • Shares of CarMax have been in a bit of a rut since December as the company has missed earnings projections 2 quarters in a row.
    • The Estimize community is expecting CarMax to report an 8% increase in year over year revenue while missing the Wall Street profit consensus by just a penny per share.
    • This quarter we're seeing a wide range of EPS estimates and a narrow range of revenue projections.
  • What To Look For From Oracle's Earnings Report
    Wed, Jun. 18 ORCL 1 Comment

    Summary

    • The fourth fiscal quarter is normally the strongest of the year for Oracle, and Wall Street has set the bar high this period.
    • The Street is expecting Oracle to increase its FQ4 EPS by 8 cents per share compared to last year while revenue grows by 5% on a year-over-year basis.
    • Earnings in-line with the Wall Street consensus will probably be enough to keep shareholders happy.
  • How The OpenTable Acquisition Is A Game Changer For Yelp And GrubHub
    Wed, Jun. 18 PCLN, OPEN, GRUB 2 Comments

    Summary

    • Shares of Yelp and GrubHub took off as Priceline.com announced a deal worth $2.6 billion to acquire online restaurant reservation platform OpenTable.
    • Although Yelp has struggled with profitability over the past two years and has failed to post positive earnings in any single quarter, revenue has been increasing steadily.
    • Like Yelp and OpenTable, much of the value of GrubHub comes from its user generated ratings and reviews.
  • Will Linux Business Power Red Hat Past Its Weak Outlook?
    Tue, Jun. 17 RHT Comment!

    Summary

    • Red Hat Inc. is set to report FQ1 2015 earnings after the market closes on Wednesday, June 18th.
    • Contributing analysts on the Estimize.com platform are expecting Red Hat to edge past the Wall Street consensus by 1c per share on earnings and less than $1 million in sales.
    • This quarter we're seeing a narrow range of estimates on Red Hat's earnings.
  • Will FedEx Reverse 2 Earnings Misses In A Row On Wednesday?
    Tue, Jun. 17 FDX Comment!

    Summary

    • Last quarter FedEx disappointed investors by reporting lower than expected revenue and earnings, missing the Wall Street earnings consensus by over 25 cents per share.
    • This quarter Wall Street is expecting FedEx to step up its profitability and increase earnings per share by over 10%.
    • However, some investors are not quite as bullish in their bottom line expectations as the Street is for Wednesday's report.
  • Will New Subscribers Boost Adobe's Earnings?
    Mon, Jun. 16 ADBE 3 Comments

    Summary

    • Adobe's earnings have stalled over the past year as the company has not posted year-over-year earnings or sales growth in any of the previous six quarters.
    • The slump in Adobe's earnings comes as the company is undergoing a transition from traditional perpetual software licenses to a subscription-based business model.
    • Abode ended last quarter with 1.8 million subscribers and management expects to add another 1.2 million by the end of calendar 2014.
  • How Will Intel's Raised Guidance Flow Through To The Rest Of The Economy
    Mon, Jun. 16 MU, MSFT, INTC 3 Comments
  • Here Are The Effects Of The World Cup On Equity Markets
    Fri, Jun. 13 EWZ, BRZU, BZQ 2 Comments

    Summary

    • Goldman Sachs recently published a research report called The World and Economics 2014 and their statistical model found that Brazil will likely be the winner.
    • On average, the equity market in the country of the winning team tends to outperform the global average by about 3.5% in the month after the victory.
    • In the report's coverage of team USA, Goldman points out the sector to watch right now in the United States' economy, manufacturing.
  • Are Social Media Stocks Making A Comeback?
    Wed, Jun. 11 FB, TWTR, LNKD Comment!

    Summary

    • The earnings outlook for growth stocks has been improving lately which could explain some of the fuel behind social media names.
    • Data from the Estimize platform supports the theory that both Wall Street and investors are becoming increasingly optimistic about growth companies and more specifically about social media companies.
    • Expectations for social media companies have been bubbling up, but can the momentum continue?
  • Lululemon Seen As Recovering Faster Than Anticipated
    Wed, Jun. 11 LULU 3 Comments

    Summary

    • After a few years checkered with bad PR, Lululemon is starting to settle in again under new CEO Laurent Potdevin who took the helm in January.
    • This quarter Wall Street is predicting Lululemon will report its second straight quarter of flat earnings compared to last year.
    • At the same time sales are expected to grow by 10%, signaling weaker margins than reported last year.
  • Robust Report Expected From Ulta Salon After The Bell
    Tue, Jun. 10 ULTA Comment!

    Summary

    • Up until last quarter Ulta had been on fire, posting a minimum year-over-year quarterly gain of 22% on both EPS and revenue over a two-year stretch.
    • However, last quarter Ulta's yoy growth cooled off to 9% in EPS and 14% in sales.
    • This quarter the Street is expecting about a 14% increase in earnings with revenue growing by 20% compared to FQ1 of last year.
  • Here's The Evidence For What Stock Splits Really Signal
    Tue, Jun. 10 AAPL 26 Comments
  • Can Things Possibly Get Worse For RadioShack On Tuesday?
    Mon, Jun. 9 RSH 3 Comments

    Summary

    • RadioShack has been struggling lately, and the broader weakness in retail sales has certainly not helped.
    • Last quarter the company reported a loss of -$1.29 per share while Wall Street had forecast -16c.
    • Here's what investors are expecting from RadioShack on Tuesday.
  • Will Amazon's New Device Finally Reinforce The Company's Bottom Line?
    Fri, Jun. 6 AMZN 13 Comments

    Summary

    • Amazon announced an unveil date for a new product which has the tech world buzzing.
    • The apparent consumer product will be launched on June 18th in Seattle and anyone can request a chance to attend the event.
    • With an average margin of about 3%, a move into smartphones could bolster Amazon's earnings potential.