Streetbeat News

Earnings

MDLZ

Mondelez International (NASDAQ:MDLZ) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.77. Investors are looking for an earnings beat and positive guidance for future growth. Historically, MDLZ has surpassed EPS estimates, resulting in share price increases the following day. Over the past year, MDLZ shares have risen by 14.96%, with the stock trading at $75.14 as of January 26.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:01 pm

Electronic Arts (NASDAQ:EA) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $2.94. Investors are looking for an earnings beat and positive guidance for future growth. Historically, EA's stock price has been sensitive to earnings performance and guidance. Last quarter, EA beat the EPS estimate by $0.21, resulting in a 3.64% stock price increase the following day. Over the past year, EA shares have risen by 7.7%.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

SBUX

Starbucks (NASDAQ:SBUX) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.94. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows that guidance often impacts stock price more than earnings results. Last quarter, Starbucks beat the EPS estimate by $0.14, leading to a 2.64% stock price increase the following day. Over the past year, Starbucks shares have declined by 15.02%, with mixed price changes following previous earnings reports.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

UPS

United Parcel Service (NYSE:UPS) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $2.47. Investors are looking for an earnings beat and positive guidance for future growth. UPS's stock performance has been negative over the past year, with a 15.1% decline. Historical data shows that stock price reactions to past earnings have been mixed, with slight decreases following earnings beats.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 4:00 pm

PFE

Pfizer Inc. (NYSE:PFE) is anticipated to report a Q4 loss of 22 cents per share compared to the previous year's earnings of $1.14 per share, with expected revenue of $14.43 billion versus $24.29 billion in the same quarter last year. The company's shares closed at $27.47. Analysts have recently adjusted Pfizer's price targets, with changes ranging from a downgrade to maintaining ratings but lowering price targets. The most accurate analysts have accuracy rates between 64% and 76%.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 4:00 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo provides daily trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. The memo outlines potential bullish and bearish price levels for these assets and advises traders to stay alert for breakouts or reversals. The session is expected to be volatile with key earnings reports and the FOMC rate decision due this week. The memo is part of a service offering by RIPS, a professional trader, who provides insights and real-time mentorship to Market Clubhouse members.

Portfolio Pulse from RIPS

January 29, 2024 | 3:59 pm

ARLP

Alliance Resource Partners LP (NASDAQ:ARLP) shares dropped after reporting Q4 earnings and sales that missed expectations. Revenue fell 11.2% Y/Y to $625.4 million, below the consensus of $661.9 million, due to lower coal and oil & gas prices and decreased coal sales volumes. Earnings per unit were $0.88, under the expected $1.14. The company completed $24.8 million in oil & gas mineral interest acquisitions, expects coal sales volumes of 34.0 – 35.8 million short tons for FY24, and anticipates benefits from major infrastructure projects in 2025. ARLP announced a quarterly cash distribution of $0.70 per unit, payable on February 14, 2024.

Portfolio Pulse from Lekha Gupta

January 29, 2024 | 3:46 pm

CDLX

MGRC

SOFI

SoFi Technologies, Inc. reported Q4 earnings with revenue and EPS beating consensus estimates, causing its shares to rise 20%. Other stocks also moved higher, including Cardlytics after a settlement agreement and updated Q4 results, and McGrath RentCorp following an acquisition agreement with WillScot Mobile Mini. Various companies experienced stock gains due to upgrades, positive preliminary results, and recent earnings reports.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 3:31 pm

GOOG

GOOGL

Alphabet Inc (GOOG, GOOGL), parent company of Google, is set to report Q4 earnings on Jan. 30 with expectations of $1.59 EPS and $85.22 billion in revenues. Analysts will focus on Google's AI positioning, the impact of layoffs, and shareholder returns. Google's core businesses are strong, and its AI assets are competitive despite challenges from ChatGPT. Layoffs indicate strategic restructuring, and the company's cash flow and share repurchases are key to shareholder value. The stock is rated a Buy with a target of $131.85, trading at $153.79 on Jan. 26.

Portfolio Pulse from Surbhi Jain

January 29, 2024 | 3:29 pm

ALK

Alaska Air Group, Inc. (NYSE:ALK) stock is trading flat and has declined over 7% in the past month, partly due to an incident involving the loss of a Boeing 737 Max 9 door plug mid-flight. The incident is linked to missing bolts from the Boeing Company (NYSE:BA) factory. Alaska Air has resumed some Max 9 services after inspections. The stock is trading below its 50-day moving average but above its 52-week low. Investors are considering earnings growth and valuation metrics, with ALK's earnings up 66.67% last quarter and its P/E ratio compressed by 93.57% compared to last year.

Portfolio Pulse from Erica Kollmann

January 29, 2024 | 3:18 pm