Earnings Reports

Google Ad

Huge earnings for technology companies this week. Cloud Titans earnings will be in focus with Microsoft $MSFT, Amazon $AMZN, Alphabet $GOOGL and Apple $AAPL all reporting.

tech stocks

With the major stock indices at all time highs technology earnings have been boosted by traditional tech roles and the 'newtech' including the cloud, online retail, cryptocurrencies, machine learning, data and online security. The major techs are reporting after stellar last quarters, tax reform impetus and the NASDAQ and Russell indexes in vertical momentum. 

What to watch for:

  • Market retention and penetration
  • Consumer and commercial revenue
  • New product lines
  • Product line Backlogs
  • Effective Tax Rate for 2018

Microsoft $MSFT Reports Earnings Wednesday Jan 31 After the close

Forecast: EPS of $0.86 (+4%) on revenue of $28.35 billion (+9%)

Previous: Microsoft Cloud Powered Earnings, $MSFT Hits All Time Highs

Amazon $AMZN Reports Earnings Thursday Feb 1 After the close

Forecast: EPS of $1.85 (+20%) on revenue of $59.98 billion (+37%)

Previous: Amazon Image Rebuild - What to Expect With $AMZN Earnings

Alphabet $GOOGL Reports Earnings Thursday Feb 1 After the close

Forecast: EPS of $10.12 (+34%) on revenue of $31.86 billion (22%)

Previous: What To Expect With Alphabet $GOOGL Earnings

Apple $AAPL Reports Earnings Thursday Feb 1 After the close

Forecast: EPS of $3.81 (+13%) on revenue of $86.02 billion (10%)

Previous: What to Look For in Apple Earnings $AAPL

Technology Earnings Scorecard So Far

Intel $INTC Intel Earnings Up In The Cloud, Overcome Spectre Meltdown

Blackberry $BB Blackberry Comeback on Track, Stock Soars on Enterprise Software Focus

Micron $MU DRAM and NAND Memory Drive Micron Earnings Higher & Outlook Higher

The tech rally has been fueled by expectations for QE, easier regulations including a possible repeal of DoddFrank and tax reform spending.  The new surge in asset prices has also buoyed optimism for the stocks and risk creation. Extreme price levels overhang the stockmarket as a whole but specifically the technology sectors feeding off the somewhat manic price levels. Understand your risk.

Source: TradersCommunity

Live From The Pit

Log in to comment
Discuss this article in the forums (3 replies).