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Quarterly Earnings Report by Alphabet(Google), Amazon and Apple!
Market Alert: Nasdaq Due for Major Volatility. GOOGLE, APPLE and AMAZON QE Reports on Thursday, February 1st, 2018.
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This week, 3 of the world’s most influential Nasdaq companies are due to report their quarterly earnings (QE).
Major trading opportunities ahead!
ALPHABET (GOOGL)
Alphabet Inc., the parent company of Google, is expected to report earnings on February 1st, after markets close.
Google has maintained its dominance of the online search market, while rapidly growing its AI (currently led by Amazon), cloud and home automation offerings, and the stock has grown nearly 40% over the past year.
Analysts expect an EPS of $10.12 for this quarter, whereas the reported EPS for the same quarter last year was $7.56.
Will Alphabet manage to reaffirm its leadership in a number of sectors?
AMAZON (AMZN)
Amazon is set to report earnings this Thursday after the market closes.
The stock has already grown more than 20% from the beginning of the year and analysts predict more gains in the following months.
Whilst significant investments around fulfillment, Prime, Echo/Alexa speakers, Cloud AWS and the integration of Whole Foods supermarkets into its portfolio may depress margins in the short term, Amazon is expanding considerably and leading innovation.
The consensus EPS forecast for the quarter is $1.85, against $1.54 reported during the same quarter last year.
Will consumers and traders reward Amazon?
APPLE (AAPL)
Apple will release its quarterly earnings report after the closing bell on February 1st.
The sales expectations for the iPhone X, that debuted as a special edition for the 10th anniversary of the iPhone, are massive.
Some speculations emerged last week, pointing to lackluster sales and a slowing production of the iPhone X, who may lead to an early retirement and to Apple discontinuing under-performing OLED displays.
The consensus EPS forecast for the quarter is $3.81, against $3.36 reported during the same quarter last year.
How will traders and investors react if Thursday’s data confirms underperformance?