Earnings to Watch Next Week: Ferrari, Alibaba, Allstate and Nice Systems in Focus
Earnings Calendar For The Week Of August 2
Monday (August 2)
IN THE SPOTLIGHT: FERRARI
The luxury sports car maker Ferrari is expected to report earnings of $1.26 per share for the second quarter, representing a 3,050% increase over $0.04 per share a year earlier.
The company, known for its prancing horse logo, would post revenue growth of over 107% to around $1.3 billion. According to ZACKS Research, the company has beaten earnings per share (EPS) estimates in three of the last four quarters.
“Growth potential and strong execution. Global shipments of >11k units in 2021, growing at a 9.1% CAGR to 2030 ending at ~22k shipments. Adj. EBITDA margins rise to 35% in 2021 on improved mix and pricing after launching 5 new models in 2020 and 2 in 2021,” noted Adam Jonas, equity analyst at Morgan Stanley.
“Ferrari trades at a justified premium to luxury brands, in line with luxury leader, Hermes, albeit with more opportunity to grow organically via: new customers, new segments and geographically in China & Asia-Pac, as well as exhibiting a unique moat with a world-renowned brand and a 12+ month customer order book.”
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 2
Ticker | Company | EPS Forecast |
HSBC Holdings | £0.13 | |
HSBC | $0.86 | |
ON Semiconductor | $0.49 | |
Global Payments | $1.90 | |
Loews | $0.83 | |
CNA Financial | $1.12 | |
Timken | $1.44 | |
Simon Property Group | $1.12 | |
SBA Communications | $0.66 | |
Pioneer Natural Resources | $2.56 | |
Williams Companies | $0.28 | |
American Water Works | $1.08 | |
Arista Networks | $2.55 | |
Realty Ome | $0.38 | |
Take Two Interactive Software | $0.90 | |
NXP Semiconductors | $2.31 | |
Itau Unibanco | $0.12 | |
Eastman Chemical | $2.35 | |
Diamondback Energy | $2.23 | |
Continental Resources | $0.55 | |
Bruker | $0.38 | |
Trex | $0.53 | |
Mosaic | $1.00 | |
Omega Healthcare Investors | $0.44 | |
Vornado Realty | $0.14 | |
Varonis Systems | -$0.03 | |
Columbia Sportswear | -$0.07 | |
Leggett & Platt | $0.54 | |
Insperity | $0.66 | |
American States Water | $0.71 | |
Kennametal | $0.40 | |
Rambus | $0.31 | |
Ultra Clean | $0.97 | |
Otter Tail | $0.54 | |
Acadia Healthcare | $0.63 | |
Brixmor Property | $0.14 | |
One Gas | $0.52 | |
Woodward | $0.97 | |
Transocean | -$0.16 | |
Ferrari | $1.26 | |
Boise Cascade | $4.75 | |
Ultragenyx Pharmaceutical | -$1.31 | |
Sanmina | $0.91 | |
TG Therapeutics | -$0.55 |
Tuesday (August 3)
IN THE SPOTLIGHT: ALIBABA
China’s Alibaba Group Holding, the largest online and mobile e-commerce company in the world, is expected to report its fiscal first-quarter earnings of 1.86 yuan per share, up from 1.85 yuan per share seen in the same period a year ago.
China’s biggest online commerce company’s revenue to surge more than 35% to 209.928 billion yuan. The company has beaten earnings per share (EPS) estimates in three of the last four quarters.
“All-in investments in domestic consumption, globalization and technology are likely to weigh on profitability but pave the way to reach long-term target of 2bn global AAC. Alibaba hopes to achieve growth in the user base, enhanced engagement as well as the provision of more value to merchants,” noted Gary Yu, equity analyst at Morgan Stanley.
“In cloud, Alibaba will continue to drive market share leadership and will focus on providing more AI-driven industry solutions and improving Data-as-a-Service (DaaS). We see limited near-term catalysts but F22e P/E valuation remains attractive. We also see further downside support from additional disclosure to separate losses from new investments from profitable core e-commerce businesses.”
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 3
Ticker | Company | EPS Forecast |
Expeditors International Of Washington | $1.62 | |
Louisiana Pacific | $4.30 | |
Akamai | $1.38 | |
Yamazaki Baking ADR | $1.06 | |
Sabre | -$0.52 | |
Phillips 66 | $0.64 | |
Phillips 66 Partners | $0.88 | |
Pacific Biosciences Of California | -$0.21 | |
Cummins | $4.07 | |
Mitsui & Company | $13.06 | |
Allegheny Technologies | -$0.19 | |
Clorox | $1.32 | |
International Game Technology | $0.23 | |
Lattice Semiconductor | $0.22 | |
Leidos | $1.58 | |
Orix | $2.25 | |
Public Storage | $1.92 | |
Equitrans Midstream Corp | $0.15 | |
Amgen | $4.09 | |
Zebra Technologies | $4.12 | |
L3Harris Technologies Inc | $3.18 | |
Eli Lilly | $1.89 | |
National Retail Properties | $0.39 | |
BP | $0.58 | |
ZIMMER BIOMET HDG. | $1.86 | |
Waters | $2.27 | |
Under Armour Inc | $0.06 | |
Xylem | $0.63 | |
Under Armour C share | $0.06 | |
Discovery Communications Discb | $0.82 | |
Discovery Communications Disck | $0.82 | |
Discovery Communications | $0.82 | |
Marriott International | $0.47 | |
Ingredion | $1.59 | |
Wisconsin Energy | $0.79 | |
YTE | $0.58 | |
Sealed Air | $0.78 | |
Gibraltar Industries | $0.87 | |
Public Service | $0.71 | |
Solarwinds | $0.11 | |
Ralph Lauren | $0.88 | |
Noble Corporation | -$0.31 | |
Markel | $15.50 | |
Myriad Genetics | -$0.09 | |
Ecopetrol | $1,851.52 | |
Kadant | $1.53 | |
Franklin Resources | $0.78 | |
New Oriental Education Tech | $0.02 | |
Henry Schein | $0.97 | |
Gartner | $1.73 | |
Pacira | $0.69 | |
Eaton | $1.57 | |
KKR & Co LP | $0.87 | |
Willis | $1.97 | |
Atlantica Yield | $0.40 | |
IPG Photonics | $1.40 | |
Fidelity National Information Services | $1.55 | |
ConocoPhillips | $1.08 | |
Alibaba | $14.37 | |
Ryman Hospitality Properties | -$1.62 | |
Camping World Holdings | $2.38 | |
Ametek | $1.10 | |
DuPont | $0.95 | |
Sunoco | $0.95 | |
Jacobs Engineering Group Inc | $1.53 | |
Alnylam Pharmaceuticals | -$1.60 | |
Westlake Chemical | $3.49 | |
LGI Homes | $3.92 | |
Owens Minor | $0.97 | |
Dun & Bradstreet | $0.24 | |
Holly Energy Partners | $0.48 | |
Jazz Pharmaceuticals | $3.52 | |
Neurocrine Biosciences | $0.51 | |
Radian | $0.70 | |
Retail Properties Of America | -$0.01 | |
Hyatt Hotels | -$0.85 | |
NCR | $0.62 | |
Occidental Petroleum | -$0.01 | |
Fair Isaac | $2.81 | |
ONEOK | $0.74 | |
ManTech International | $0.87 | |
EchoStar | $0.07 | |
Live Nation Entertainment | -$1.15 | |
Lyft Inc | -$0.24 | |
Kar Auction Services | $0.19 | |
Paycom Software | $0.84 | |
Match Group | $0.54 | |
Ternium | $3.48 | |
QTS Realty | $0.03 | |
Microchip Technology | $1.91 | |
PS Business Parks | $0.84 | |
Spirit Realty Capital New | $0.26 | |
Mercury Systems | $0.67 | |
Hudson Pacific Properties | -$0.01 | |
Caesars Entertainment | -$0.12 | |
EnLink Midstream | $0.01 | |
DaVita Healthcare Partners | $2.17 | |
Green Dot | $0.42 | |
Herbalife | $1.29 | |
Host Hotels & Resorts | -$0.22 | |
Black Hills | $0.38 | |
Devon Energy | $0.52 | |
Infinera | -$0.05 | |
FMC | $1.78 | |
Activision Blizzard | $0.75 | |
XP Inc | $1.27 | |
Owens-Illinois | $0.47 | |
LivePerson | -$0.13 | |
Healthpeak Properties Inc | $0.15 | |
Sunstone Hotel Investors | -$0.21 | |
LIFE STORAGE | $0.69 | |
RingCentral | $0.28 | |
Douglas Emmett | $0.06 | |
Avis Budget | $1.22 | |
Curtiss-Wright | $1.54 | |
Assurant | $2.42 | |
Blackbaud | $0.70 | |
TeleTech | $0.97 | |
Verisk Analytics | $1.33 | |
Evertec | $0.57 | |
Innospec | $0.89 | |
Mercury General | $1.17 | |
Quaker Chemical | $1.44 | |
SunPower | $0.04 | |
Reinsurance Of America | $1.90 | |
Unum | $1.12 | |
Prudential Financial | $3.11 | |
Artisan Partners Asset Management | $1.25 | |
Banco Bradesco | $0.13 | |
American Financial | $1.67 | |
First Citizens Bancshares | $11.98 | |
Fidelity National Financial | $1.43 | |
Arconic Inc | $0.47 |
Wednesday (August 4)
IN THE SPOTLIGHT: ALLSTATE
The Northfield Township, Illinois-based insurance company is expected to report its second-quarter earnings of $3.17 per share, which represents year-over-year growth of about 30% from $2.46 per share seen in the same quarter a year ago.
“Acquisition of National General marks shift towards independent agent channel. The dominant captive auto underwriter has been losing market share to direct channel. We expect this to continue, but NGHC transaction and increased focus on direct channel should mitigate its impact. Allstate also continues to diversify overall portfolio offering by growing non-traditional segments,” noted Michael W. Phillips, equity analyst at Morgan Stanley.
“Margin challenges from focus on growth. Near-term core combined ratio benefit from recession-induced decrease in driving, partially offset by restructuring charges. Auto margins worsen modestly in 2021e-2023e, reflecting competitive operating environment.”
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 4
Ticker | Company | EPS Forecast |
Fleetcor Technologies | $2.93 | |
Wynn Resorts | -$1.51 | |
Central Garden Pet | $1.01 | |
MGIC Investment | $0.43 | |
Amdocs | $1.18 | |
Trimble Navigation | $0.60 | |
Entergy | $1.40 | |
Sabra Health Care Reit | $0.15 | |
Terreno Realty | $0.24 | |
Ricoh Company | $0.05 | |
Toyota Motor | $4.48 | |
AtriCure | -$0.34 | |
Clean Harbors | $0.82 | |
CDW | $1.80 | |
MPLX | $0.66 | |
Horizon Pharma | $0.87 | |
CVS Health | $2.06 | |
Yamaha DRC | $0.38 | |
Marathon Petroleum | $0.39 | |
Criteo | $0.46 | |
Petroleo Brasileiro Petrobras | $0.72 | |
Borgwarner | $0.80 | |
Exelon | $0.68 | |
Sumitomo ADR | $0.44 | |
Itochu ADR | $2.04 | |
Ionis Pharmaceuticals | -$0.54 | |
Chimera Investment | $0.34 | |
New York Times | $0.27 | |
Howmet Aerospace Inc | $0.22 | |
Avista | $0.26 | |
Sinclair | -$4.34 | |
Jones Lang LaSalle | $1.73 | |
Spirit AeroSystems | -$0.72 | |
General Motors | $1.69 | |
BGC Partners | $0.16 | |
Gerdau | $0.36 | |
Enable Midstream Partners | $0.18 | |
HollyFrontier | $0.61 | |
Nexstar Broadcasting | $3.71 | |
Charles River Laboratories | $2.37 | |
Belden | $0.93 | |
NiSource | $0.13 | |
Emerson Electric | $0.98 | |
Vulcan Materials | $1.65 | |
Kraft Heinz | $0.72 | |
AmerisourceBergen | $2.03 | |
Apollo Global Management | $0.70 | |
Office Depot | $0.54 | |
Scotts Miracle-Gro | $3.50 | |
Macerich | -$0.09 | |
Urban Edge Properties | $0.07 | |
Advanced Energy Industries | $1.27 | |
Physicians Realty | $0.09 | |
Cedar Fair | -$1.60 | |
Allete | $0.60 | |
Manulife Financial USA | $0.62 | |
ETSY Inc | $0.63 | |
Copa | -$1.29 | |
Twenty First Century Fox | $0.57 | |
Albemarle | $0.84 | |
Western Union | $0.47 | |
Waste Connections | $0.77 | |
Electronic Arts EA | $0.62 | |
Marathon Oil | $0.17 | |
STAAR Surgical | $0.07 | |
Bright Horizons Family Solutions | $0.35 | |
Federal Realty Investment | $0.39 | |
Tenaris | $0.16 | |
Western Digital | $1.51 | |
Compania Cervecerias Unidas | $83.30 | |
Globus Medical | $0.44 | |
NanoString Technologies | -$0.59 | |
PDC Energy | $1.24 | |
McKesson | $4.14 | |
Mueller Water Products | $0.16 | |
Apache | $0.56 | |
Two Harbors Investment | $0.19 | |
Booking Holdings Inc | -$1.98 | |
Tandem Diabetes Care | -$0.08 | |
Sun Life Financial USA | $1.17 | |
Angie’s List | -$0.04 | |
Twenty-First Century Fox | $0.57 | |
TechTarget | $0.48 | |
MGM Resorts International | -$0.38 | |
Atmos Energy | $0.73 | |
LHC | $1.55 | |
Amedisys | $1.67 | |
8X8 | $0.00 | |
Revolve | $0.21 | |
Q2 | $0.07 | |
Ceridian HCM Holding Inc | $0.03 | |
EOG Resources | $1.54 | |
Qorvo | $2.45 | |
Hillenbrand | $0.77 | |
Amerco | $7.95 | |
Ansys | $1.56 | |
Cabot Microelectronics | $2.00 | |
Rayonier | $0.10 | |
MetLife | $1.68 | |
Lincoln National | $2.46 | |
Acadia Pharmaceuticals | -$0.30 | |
Rent-A-Center | $1.36 | |
Ormat Technologies | $0.27 | |
Nu Skin Enterprises | $1.05 | |
Healthcare Realty | $0.06 | |
UGI | $0.10 | |
Medifast | $3.31 | |
Kulicke And Soffa Industries | $1.36 | |
Renewable Energy | $1.28 | |
South Jersey Industries | $0.00 | |
Stantec USA | $0.47 | |
Compass Minerals International | -$0.06 | |
Jack In The Box | $1.48 | |
Watts Water Technologies | $1.28 | |
Kennedy Wilson | -$0.09 | |
Chesapeake Utilities | $0.70 | |
Pactiv Evergreen | $0.19 | |
ICU Medical | $1.64 | |
Howard Hughes | -$0.41 | |
Uber | -$0.54 | |
DXC Technology Co | $0.75 | |
Allstate | $3.17 | |
Bancolombia | $0.50 | |
Braskem | $2.83 | |
ADT | $0.25 | |
Royal Caribbean Cruises | -$4.35 | |
Honda Motor | $0.54 | |
United Therapeutics | $3.02 | |
Sarepta Therapeutics | -$1.30 |
Thursday (August 5)
IN THE SPOTLIGHT: NICE SYSTEMS
NICE, the worldwide leading provider of software solutions, is expected to report its second-quarter earnings of $1.51 per share, which represents year-over-year growth of over 10% from $1.37 per share seen in the same quarter a year ago.
The company which provides enterprise software solutions worldwide in the previous quarter lifted its fiscal year 2021 EPS forecasts in the range of $6.19 and $6.39 per share, higher than the previous guidance of $6.12 to $6.32 per share. Full-year 2021 Non-GAAP total revenues are expected to be in a range of $1,800 million to $1,820 million, up from the previous guidance range of $1,790 million to $1,810 million.
TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 5
Ticker | Company | EPS Forecast |
Hecla Mining | $0.06 | |
Intellia Therapeutics Inc | -$0.63 | |
Viasat | $0.22 | |
Monster Beverage | $0.68 | |
Revance Therapeutics | -$0.96 | |
Pennymac Financial Services | $3.42 | |
Cavco Industries | $2.14 | |
Cryoport Inc | -$0.13 | |
Vector | $0.26 | |
Arena Pharmaceuticals | -$2.20 | |
Stamps | $1.84 | |
Prothena | $1.00 | |
Zoetis | $1.08 | |
CenterPoint Energy | $0.25 | |
Thomson Reuters USA | $0.43 | |
VEREIT | $0.31 | |
MFA Financial | $0.10 | |
Nice Systems | $1.51 | |
National Fuel Gas | $0.87 | |
Himax Technologies | $0.57 | |
Ironwood Pharmaceuticals | $0.22 | |
Hanesbrands | $0.39 | |
Huntington Ingalls Industries | $2.52 | |
Marui ADR | $0.27 | |
News Corp | $0.04 | |
Abiomed | $1.05 | |
Moderna Inc | $5.96 | |
EPAM Systems | $1.93 | |
News | $0.04 | |
Arrowhead Research | -$0.14 | |
Victory Square Tech | $0.54 | |
Bio Techne | $1.70 | |
Aptiv PLC | $0.67 | |
Air Lease | $0.83 | |
NRG Energy | $1.07 | |
Taiyo Yuden ADR | $2.65 | |
PPL | $0.33 | |
Gray Television | $0.30 | |
BioCryst Pharmaceuticals | -$0.23 | |
AES | $0.29 | |
Wesco International | $1.91 | |
Focus Financial Partners Inc | $0.95 | |
Anglogold Ashanti | $0.90 | |
Iheartmedia | -$0.10 | |
Adient PLC | $0.16 | |
Tokyo Electron Ltd PK | $1.22 | |
ACI Worldwide | $0.07 | |
Dentsply International | $0.67 | |
Bayer AG PK | $0.46 | |
BCE (USA) | $0.63 | |
WPP ADR | $1.95 | |
New Jersey Resources | -$0.13 | |
Arrow Electronics | $2.96 | |
MDU Resources | $0.53 | |
Novo Nordisk A Fs | $0.78 | |
Sharp ADR | $0.04 | |
ResMed | $1.27 | |
Lexington Realty | $0.03 | |
Becton, Dickinson and Co. | $2.45 | |
Iron Mountain | $0.35 | |
Cigna | $4.96 | |
Maximus | $1.09 | |
OGE Energy | $0.52 | |
Sempra Energy | $1.59 | |
Duke Energy | $1.10 | |
Brookfield Infrastructure | $0.06 | |
Penn National Gaming | $0.92 | |
Builders Firstsource | $1.63 | |
Cogent Communications | $0.21 | |
Parker-Hannifin | $4.33 | |
Kellogg | $1.03 | |
Itron | $0.48 | |
WESTROCK | $0.97 | |
Domtar USA | $1.28 | |
InterDigital | -$0.09 | |
Berry Plastics | $1.50 | |
Choice Hotels International | $0.90 | |
Walker & Dunlop | $1.97 | |
Starwood Property | $0.51 | |
State Auto Financial | $0.00 | |
Edgewell Personal Care | $0.83 | |
Gildan Activewear USA | $0.51 | |
TAL International | -$0.14 | |
TreeHouse Foods | $0.26 | |
Flowserve | $0.42 | |
Expedia | -$0.60 | |
Insmed | -$0.89 | |
Papa John’s International | $0.72 | |
Nektar Therapeutics | -$0.73 | |
Cannae | $0.01 | |
Acceleron Pharma | -$0.87 | |
Philippine Long Distance Telephone | $0.69 | |
Vonage | $0.04 | |
Rbc Bearings | $1.00 | |
Consolidated Edison | $0.62 | |
Healthcare Of America | $0.10 | |
Envestnet | $0.54 | |
Universal Display | $0.87 | |
MasTec | $1.23 | |
Cornerstone OnDemand | $0.52 | |
Post | $0.97 | |
Iovance Biotherapeutics | -$0.51 | |
Paylocity | $0.29 | |
Diodes | $1.11 | |
Zynga | $0.09 | |
Banco De Chile | $0.41 | |
J2 Global | $2.02 | |
Ritchie Bros. Auctioneers USA | $0.61 | |
Illumina | $1.36 | |
Cognex | $0.42 | |
ALTAIR ENGINEERING | $0.01 | |
Zillow | $0.24 | |
TripAdvisor | -$0.10 | |
Fox Factory | $1.02 | |
Quidel | $1.25 | |
International Flavors Fragrances | $1.48 | |
Voya Financial | $1.48 | |
Yelp | -$0.09 | |
Teradata | $0.46 | |
Motorola Solutions Msi | $1.92 | |
Square | $0.31 | |
Grand Canyon Education | $1.09 | |
Murphy Oil | $0.31 | |
Cardinal Health | $1.20 | |
Amyris | -$0.13 | |
SeaWorld Entertainment | $0.31 | |
Ball | $0.83 | |
Black Iron Inc. | $0.54 | |
Primerica | $2.92 | |
Hannon Armstrong Sustnbl Infrstr Cap | $0.38 | |
Synaptics | $2.00 | |
FireEye | $0.09 | |
Nelnet | $1.64 | |
Allscripts Healthcare Solutions | $0.17 | |
Outfront Media | -$0.11 | |
Select Medical | $0.56 | |
Sprouts Farmers Market | $0.45 | |
RLJ Lodging | -$0.32 | |
American Equity Investment Life | $0.50 | |
Cytokinetics | -$0.66 | |
Novavax | -$3.63 | |
Beacon Roofing Supply | $1.25 | |
AAON | $0.32 | |
Texas Pacific Land | $7.37 | |
Exelixis | $0.06 | |
AIG | $1.20 | |
Alliant Energy | $0.56 | |
ITT | $0.90 | |
American Homes 4 Rent | $0.05 | |
Insulet | $0.13 | |
Regency Centers | $0.31 | |
Alleghany | $14.72 | |
Brooks Automation USA | $0.69 | |
Genpact | $0.54 | |
Apple Hospitality | -$0.01 | |
Assured Guaranty | $0.76 | |
Pinnacle West Capital | $1.63 | |
Prestige Brands | $0.87 | |
Regeneron Pharmaceuticals | $17.91 | |
Insights | $1.85 | |
Quanta Services | $1.03 | |
Wayfair Inc. | $1.17 | |
Cimarex Energy | $1.89 | |
Evergy Inc | $0.74 | |
CommScope | $0.43 | |
Targa Resources | $0.29 | |
Lamar Advertising | $0.86 | |
Canadian Natural Resource USA | $0.76 | |
Installed Building Products | $1.47 |
Friday (August 6)
Ticker | Company | EPS Forecast |
Ameren | $0.79 | |
Sega Sammy ADR | -$0.01 | |
Magna International USA | $1.42 | |
Dominion Resources | $0.77 | |
Chiba Bank ADR | $0.74 | |
Ing Groep | $0.35 | |
Norwegian Cruise Line | -$1.97 | |
Stericycle | $0.69 | |
Spectrum Brands | $1.58 | |
Nuance Communications | $0.17 | |
Essent | $1.26 | |
AMC Networks | $1.80 | |
Liberty Broadband | $1.03 | |
Liberty Broadband Lbrdk | $1.03 | |
Mednax | $0.32 | |
Lear | $2.40 | |
Fluor New | $0.05 | |
Liberty Media SiriusXM C | $0.36 | |
Liberty Media SiriusXM A | $0.48 | |
Goodyear Tire & Rubber | $0.18 | |
Ventas | -$0.08 | |
Icahn Enterprises | -$0.05 |
This article was originally posted on FX Empire