#$estimize

TSLA

Tesla Inc.

Consumer Discretionary - Automobiles

Tesla Inc. is scheduled to release their FQ2’18 earnings today, August 1st, after the market closes. According to Estimize, the earnings per share (EPS) for Tesla is anticipated to come in at -$2.75, which would denote a year-over-year decrease of -103%. Wall Street anticipates an EPS of -$2.76.  Estimize projects a revenue of $3.865B in comparison to Wall Street’s estimate of $3.790B in revenue. Tesla announced Q2 Deliveries early, delivering 53,339 vehicles during the quarter, a 142% increase YoY, and beating expectations for 42,509.

Analysts have become increasingly pessimistic about Tesla’s impending financial reports for the upcoming quarter. Over recent weeks, analysts have continued to lower their revenue estimates, and expand expected losses for the upcoming quarter. This could result in an overall lapse in reputation of the stock.

Steve Eisman, who was profiled in the book, ‘The Big Short’, commented on Elon Musk in a recent interview with Bloomberg. He described Musk as having execution issues and that he is “nowhere in the autonomous driving industry”.  Tesla’s recent financial standing and inability to execute at times has worried investors, but still there is a large community that wouldn’t dare bet against Elon Musk!

TWTR

Twitter, Inc.

Information Technology - Internet Software & Services

Twitter, Inc. is set to release their FQ2’18 earnings tomorrow, July 27th, before the market opens. The Estimize Consensus projects earnings-per-share (EPS) of $0.19, which would show an impressive year-over-year growth of 113%. Wall Street predicts a slightly less bullish EPS of $0.17. Estimize has a 95% win-rate over Wall Street in estimating Twitter’s EPS. In terms of revenue, Estimize expects Twitter to come in at $709.79M, compared to Wall Street’s lower estimate of $700.02M. Furthermore, the Estimize consensus anticipates Twitter’s Monthly Active Users (MAU) to be at 340.85 million people.

Analysts and Investors have high expectations for Twitter this quarter. Much of Twitter’s anticipated growth can be accredited to their recent efforts to delve into the growing live streaming and video industry. Twitter has greatly expanded their live broadcasts and streaming services within the last year, and have signed many new partnerships as well.

Earlier this month Twitter shut down nearly 70 million accounts in an effort to clean up fake accounts and irresponsible users from its platform. Executives assured that this number would not have repercussions on the MAU for the upcoming quarter, and that fake accounts were not considered in their reported metrics.

How do you think Twitter will perform tomorrow? Enter your estimate here!

Visa, Inc.

Information Technology - IT Services

Visa, Inc. is scheduled to release their FQ3’18 earnings today, July 25th, after the market closes. The Estimize consensus predicts an earnings-per-share (EPS) of $1.13, which is more bullish than Wall Street’s estimate of $1.09. Estimize is more accurate than Wall Street 85% of the time in predicting Visa’s EPS. Estimize projects a revenue of $5.16B, which would show 14% year-over-year growth. Wall Street estimates a revenue of $5.084B. Furthermore, Estimize provides an estimate for Visa’s Processed Transactions, which is set at approximately $31.686B.

Investors are expecting revenue growth from Visa for this quarter. Visa has been working to grow key business drivers such as increasing payments volume and cross-border transactions. The positive outlook on Visa is accredited to their strong market position and ever-growing core business. They have made many new deals, produced new acquisitions, and renewed agreements which have strengthened their solid position in the market.

How do you think Visa will perform this quarter? Place your estimates here!

GOOGL

Alphabet Inc.

Information Technology - Internet Software & Services

Alphabet Inc. is set to report their FQ2’18 earnings today, July 23rd, after the market closes. The Estimize Consensus projects an EPS of $9.77, which would demonstrate an 11% year-over-year growth rate. At a lower value than Estimize Consensus shows, Wall Street predicts an EPS of $9.51.  Investors are forecasting the tech giant to perform well this quarter as opposed to having lower expectations in the recent past. Estimize anticipates revenue of $25.863B whereas Wall Street projects a lower number of $25.647B. In terms of advertising revenue, Estimize predicts $27.478B for the quarter, which would show a 21% year-over-year (YoY) growth.

Earlier this week, antitrust regulators from the EU imposed a record-breaking $5 billion fine on Alphabet Inc.  This fine was issued due to charges against Alphabet for forcing smartphone manufacturers to pre-install Google apps onto devices. Specifically, Google has been inputting its search engine and apps into the Android operating system, and have paid manufacturers to exclusively use the Google search engine on their devices. The EU has deemed this as illegal, and Google will have to stop this behavior immediately. 

MSFT

Microsoft Corporation

Information Technology - Software

Microsoft Corporation will release their FQ4’18 earnings tomorrow, July 19th, after the market closes. The Estimize Consensus projects an earnings-per-share (EPS) of  $1.11, showing a 9% year-over-year growth rate. This prediction is more bullish than Wall Street’s estimate of $1.07. In terms of revenue, Estimize predicts $29.364B, which is higher than Wall Street’s projection of $29.206B. The Estimize Consensus projects Microsoft’s Gross Margins to come in at 66.07%, which would demonstrate a 4% year-over-year growth rate. Over previous quarters, Microsoft has beaten estimates and many analysts are projecting a beat tomorrow as well.

Microsoft and Walmart have recently teamed up to go head-to-head with Amazon in both the technology and retail spaces. This new partnership will last five years, and will allow Walmart to gain access to volumes of data across their company. This will thrust Walmart forward in their industry by giving them the ability to be innovative and successful. Microsoft and Walmart engineers are working together to improve the online experience for Walmart and Sam’s Club shoppers, reach more global markets, and continue to battle Amazon.

UMICH CONSUMER SENTIMENT

Economic Indicators - Consumer

The UMich Consumer Sentiment monthly report will be released tomorrow, June 29th. This month, Estimize projects consumer sentiment to come in at 99.2, which is high relative to readings over the last year. Consumer Sentiment has risen more than predicted because people are currently feeling more positive about their financial situations. The increased Consumer Sentiment reading reflects  the large amounts of discretionary spending and a high number of durable goods (large ticket items) being purchased in the economy.

People are always interested in consumer spending updates because it accounts for about 70% of GDP. Currently, consumer sentiment is very strong due to a robust economic climate and low unemployment rate. As consumers have more money in their pockets, they will spend more, and contribute to economic growth. Consumer sentiment is an extremely telling indicator of how GDP is performing, and the direction of the economy.

What do you think the consumer sentiment will be? Place your estimate here!

WBA

Walgreens Boots Alliance

Consumer Staples - Food & Staples Retailing

Walgreens is set to release their FQ3’18 earnings tomorrow, June 28, before the market opens. The Estimize consensus projects an EPS of $1.51, which is more bullish than Wall Street’s EPS estimate of $1.47. Furthermore, Estimize predicts Walgreens’ revenue to come in it at $33.778B, whereas Wall Street projects a revenue of $33.645B. If the Estimize consensus was to be correct, this would show a 12% year-over-year growth rate for revenue.

Investors believe that Walgreens will have promising earnings this upcoming quarter. Walgreens has seen growth in their prescription retail market, and has increased their prescription volume. Since Walgreens strategically partnered with FedEx,  customers have been able to handle multiple tasks at their local Walgreens.  Walgreens believes that providing a safe and secure way for people to receive deliveries and make returns will increase its success and reputation.