Carnival Corporation Pre-earnings Analysis Chart done on daily timeframe. Carnival investors are preparing for the company’s quarterly earnings last this month. The attention will likely be on their ability to meet profit expectations because they struggled to stay positive in 2023. Their quarter over quarter earnings shifted from negative to positive and back to negative again last year so there’s a lot of uncertainty going into these earnings. Although it seems like a lifetime ago, but the pandemic’s toll is still weighing on cruise lines, but they have generally been moving in the right direction. Despite the profit inconsistency, the company’s revenue grew by nearly 100% from 2022 to 2023, reaching about 21B for the year. The company’s entire valuation...
Nike Pre-earnings Analysis Chart done on daily timeframe. Nike is set to report its quarterly earnings today after-hours and expectations are lower than the last three quarters. This means analysts expect Nike’s quarter to come in softer, despite holiday season sales during December. Nike’s last quarter EPS came in at 1.03, analysts are only targeting .69 this quarter. So if Nike beats only modestly beats estimates, it may not be enough to push the stock higher. It would need to report closer to its previous quarter’s EPS to see a big jump. A miss on earnings could be detrimental in the short-term because expectations are already so low. Consumer spending on discretionary items has soften in recent months, which could...
Lululemon Pre-earnings Analysis Chart done on daily timeframe. Lululemon is set to report earnings this week and expectations are extremely optimistic. Analysts are estimating nearly 100% quarter over quarter growth in profits, likely because this was their holiday quarter. The athletic wear giant has proven over and over again that it can top expectations, but many are questioning this quarter’s performance considering the slowdown in consumer discretionary spending and rising competition. LULU’s stock has grown more than 50% in the last 12 months, leading its valuation to around 59x, double the valuation of Nike and about four times higher than the healthy average. This makes this earnings report extremely important to how investors may see LULU for the remainder of...
FedEx Pre-earnings Analysis Chart done on daily timeframe. FedEx is set to report their first quarter earnings this week, which will be watched closely since they missed their last quarter estimates. Fierce delivery competition from Amazon and weakened demand may still be a theme for them this quarter, and if it impacts their guidance for the year then it can hurt their stock in the short term. Despite the shift in demand and competition, FedEx revenue has still grown considerably in the past five years, and their valuation is at an attractive number. Trading at a price to earnings ratio of 15, FDX is a cheaper buy than UPS. The company is also equipped with a healthy balance sheet and...
UiPath Post Earnings Analysis Chart done on daily timeframe. UiPath had a pleasant surprise for investors this earnings season as the company reported a 46% quarterly earnings surprise. The technology company’s earnings per share came in at $.22 per share, far above the $.15 estimates. This is the fourth quarter in a row where the company beats EPS, which could explain why the stock has nearly doubled in the last 12 months. Despite the improving earnings and bullish activity, the stock is nowhere near its IPO highs of 90.00 from 2021, but that’s the case for many stocks that IPO’d during that period. Companies that went public in 2020 and 2021 had extremely inflated numbers and so they were in...
