The Q1 earnings reports season continues and there are 8 companies to highlight this week! 👀 Let's take a brief look on each of them.
Pfizer Inc 💉 $PFE.N • 3 May, Tuesday
Pfizer will release its first-quarter results before the market opens on Tuesday. Analysts expect earnings of $1.48 per share, up 59 percent year over year. Revenue is forecast to reach $24.0 billion, up 64.4 percent year over year.
Airbnb Inc 🏡 $ABNB.OQ • 3 May, Tuesday
Airbnb revenue for the first quarter is expected to range between $1.41 billion and $1.48 billion. The Zacks Consensus Estimate for the same is $1.45 billion, representing a 63.9 percent increase over the previous year's reported amount. Airbnb surpassed profit expectations in three of the previous four quarters and missed one, with a 32.4 percent average surprise.
Starbucks Corp 🥤 $SBUX.OQ • 3 May, Tuesday
Starbucks is expected to announce earnings of $0.597 per share, up from $0.620 per share in the same quarter last year, according to 32 analysts reported by Business Insider. The corporation is expected to report $7.62 billion in revenue, up 14.27 percent from the same period last year.
Airbus SE ✈️ $AIR.PA • 4 May, Wednesday
According to Marketbeat Ratings, the eleven brokerages that now cover Airbus SE have given the company an average rating of "Hold." One analyst has given the stock a sell recommendation, three have given it a hold recommendation, and five have given it a buy recommendation. Brokers who have covered the stock in the previous year have an average 12-month price target of $151.67.
eBay Inc 🛒 $EBAY.OQ • 4 May, Wednesday
Ebay estimates net revenues of $2.43-$2.48 billion in the first quarter. On an FX-neutral basis, revenues are expected to drop by 5-7 percent year over year. In three of the previous four quarters, the firm topped the Zacks Consensus Estimate for earnings, while meeting it once, for an average of 2.26 percent.
Moderna Inc 💉 $MRNA.OQ • 4 May, Wednesday
Moderna is projected to outperform expectations when it reports first-quarter 2022 results on May 5, before the market opens. The company surprised investors with an earnings surprise of 14.85 percent in the most recent quarter. Furthermore, Moderna's stock has dropped 47.1 percent so far this year, compared to a 22.4 percent drop in the industry. So far, the company's earnings surprise history has been mixed, with earnings topping predictions three times in the last four quarters and missing the mark once. The average percentage of those that are surprised is 11.88 percent.
Volkswagen AG 🚗 $VOWG.re • 4 May, Wednesday
In a research note published in March, Deutsche Bank boosted its price objective on Volkswagen from €210.00 ($225.81) to €230.00 ($247.31) and gave it a "buy" rating. Volkswagen was upgraded from a "hold" to a "buy" recommendation by Zacks Investment Research, which set a $240.00 price objective for the business.
Uber Technologies Inc 🚕 $UBER.N • 4 May, Wednesday
Uber will release its first-quarter earnings after the market closes on Wednesday, and Wall Street notes to investors are giving investors a preview of what to anticipate. The company's latest financials come after what has appeared to be a difficult three months. Shares are down more than 29% year to date as consumers struggle with inflation, and the proliferation of the Covid omicron variation, as well as rising gas prices, have weighed on the company.
Virgin Galactic Holdings Inc 🚀 $SPCE.re • 5 May, Thursday
Shares of Virgin Galactic Holdings Inc rallied 5.34% to $7.89 Monday, on what proved to be an all-around favourable trading session. The stock outperformed some of its competitors, e.g. Southwest Airlines Co., Delta Air Lines Inc., DAL, and Ryanair Holdings PLC.
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