The Biggest Afternoon In Earnings Kicks Off At 4pm: AMZN, GOOGL, MSFT, GPRO, EXPE, SBUX, INTC


Seven big names within the tech and consumer discretionary spaces release earnings results this afternoon. Here’s what we’re expecting:

Amazon.com Inc. (AMZN) – Consumer Discretionary – Internet & Catalog Retail

Key Takeaways

  • The Estimize consensus is calling for earnings per share of $1.12 on $35.55 billion, about 9 cents higher than Wall Street on the bottom line and $159 million on the top.
  • This puts profit growth at 5% YoY, and sales growth at an even higher 22%.
  • EPS estimates have fallen 38% since the last quarterly report, with revenues only declining 1% in that time.
  • Margins on AWS continue to support bottom line growth as the retail business does the same to the top line. AMZN is eating everything in retail.

     

  • Alphabet Inc (GOOGL) – Information Technology – Internet Software & Services

    Key Takeaways

  • The Estimize consensus is calling for GAAP earnings per share of $7.75 on $19.77 billion, about 11 cents higher than Wall Street on the bottom line and $120 million on the top.
  • Alphabet’s move away from non-GAAP to GAAP coverage makes the year-over-year comparisons apples-to-oranges at this point.
  • Google’s core business, advertising, makes up about 90% of total revenue with Youtube ads driving a majority of the recent growth.

     

  • Microsoft Corporation (MSFT) – Information Technology – Software

    Key Takeaways

  • The Estimize consensus is calling for earnings per share of 72 cents on $23.64 billion, 3 center higher than Wall Street on the bottom line and $90 million on the top
  • This puts profit growth at 16% YoY, and sales growth at an even higher 7%.
  • EPS estimates have fallen 1% since the last quarterly report, with revenues up 4% in that time.
  • Clouding computing and Productivity business remain two strong points while personal computing continues to slide
  • Investors expect that integrating Linkedin with Azure and other CRM products to boost sales and capture greater market share

  • Reviews

    • Total Score 0%
    User rating: 0.00% ( 0
    votes )



    Leave a Reply

    Your email address will not be published. Required fields are marked *