Marathon Digital (MARA) Post-earnings Analysis Chart done on hourly timeframe. Marathon Digital reported their fourth quarter earnings earlier today and numbers exceeded expectations across the board. The company reported a surge in revenue for the quarter to $156.8M vs. the $148.8M estimate, and net income came in at 66 cents a share, finally moving the company into positive profit territory. MARA’s investment in mining equipment and advancement of its technology helped it boost its Bitcoin mining abilities significantly year over year from 1,562 in the fourth quarter of last year to 4,424 this quarter. Efficiency also improved by roughly 20%, making their earnings results stellar all around. Despite the earnings beat, however, shares of the company tumbled from their highs...
CELH (Celsius) Pre-earnings Analysis Chart done on daily candles. CELH is set to report earnings this week on Thursday before market open and analysts are eager to see if the company can once again dominate the quarter like they did on their last report. Last quarter, analysts estimated the company would report .16 in EPS, but the company reported .30 instead, about 100% more than expectations. This quarter’s expectations are once again only .18 in EPS, but rising competition and food costs could reflect this time around; this could explain why analysts didn’t raise expectations much for the quarter. Celsius is in a very competitive market and their future is likely fated for a buy-out from giants like Coca-Cola or...
Autodesk Pre-earnings Analysis Chart done on daily timeframe. Autodesk is one of a few software companies that’s set to report earnings this week and investors are eager to see if they can followthrough as they did on their last earnings report. ADSK’s previous report pushed shares out of a multi-year base after the company’s net income grew more than 30%. The post-earnings rally moved shares to a new 52 week high, which means they need to report strongly again for buyers to justify their current valuation. The company is currently trading at a price to earnings ratio of 60x, which is about four times higher than the healthy average, so this earnings season the main focus will be on profitability...
Dollar General Pre-earnings Analysis Chart done on daily timeframe. Dollar General enjoyed peak performance when inflation ripped higher and consumers were forced to find bargains, but their glory days became history when consumer optimism returned about the economy. Despite their ability to continuously deliver strong revenue, the company has fallen more than 50% from its all time highs, and this likely can be attributed to their net income inconsistency. DG’s net income fell significantly in Q1 of 2023 and continued to slide through the year, with it the stock fell. The correction they saw brought their price to earnings ratio down to 16, about half of what their most prominent competitor, Walmart, is trading at, but does this make DG...
Adobe Pre-earnings Analysis Chart done on daily timeframe. One of the most prominent creative software companies is set to report earnings next month and analysts are eager to see what they bring in Q1 of 2024. With excitement around artificial intelligence overtaking the market, investors will be watching for Adobe’s comments on their new Generative AI products. Historically, the company has adapted very well to technological change, but the rise of Generative AI can pose a threat to Adobe’s products. Consumers no longer need sophisticated skills to operate Adobe’s Creative Suites in order to produce/edit images and videos, they can simply use other AI software and type in exactly what they want to reach the final product. Adobe also recently...
