Earnings season is in full swing. The majority of public companies have already released their data, but some S&P 500 ranked companies are yet to announce their holiday quarter results, and will do so in the coming days.
The earnings season is a time to reflect on your portfolio while analyzing potential future investments. Here are three of the most important stocks to watch after the calls this week.
Alphabet Inc. (NASDAQ: GOOGL) – Earnings Call Scheduled for Monday 4th of February
Alphabet, the parent company of Google, will release its data during an investor call after the close of the market on Monday.
The company is expected to announce earnings growth ranging between 14% and 21%. The analyst consensus is that the company will report revenue of $38.9 billion. This would be a significant increase from the $25.97 billion that was reported this time last year.
Alphabet stock is currently up 7.05% year to date and has increased 1.55% when tracking over the last five days. If it meet analyst expectations, then there could be more growth for this stock this week.
Walt Disney Company (NYSE: DIS) – Earnings Call Scheduled for Tuesday 5th of February
Year to date, Disney stock price has increased 1.50%. In the last five days, stock is tracking with growth of 0.19%. Despite only minor gains, Disney remains a popular investment with $165.91 billion in total market capitalization.
Analysts expect earnings to be close to $15 billion when Disney reports on Tuesday. The consensus is that the stock is overperforming, and the target price of $127.21 reinforces the confidence that analysts have given this stock. Watch for movement in this stock after Tuesday’s trading session.
Twitter Inc. (NASDAQ: TWTR) – Earnings Call Scheduled for Thursday 7th of February
Analyst estimates for Twitter are in the range of $869 million to $871 million for the quarter. In the best predicted scenario, Twitter’s revenue would grow by 19% year over year.
If the company can meet expectations on the earnings call, then the consensus rating of HOLD on this stock could change. Stock price has increased 15.48% year to date, but some analysts are cautious, believing there’s limited room for more growth without some real blockbuster earnings figures. If you’re a Twitter investor, or if you are considering this stock for your portfolio, the upcoming call could provide some guidance.
Earnings growth is a key marker of company success and trajectory. The quarterly season is the perfect time to calibrate your expectations with real figures, helping to drive your future investment decisions.
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