#estimize

Signet Jewelers Limited

Consumer Discretionary - Speciality Retail

Signet Jewelers Limited is set to release its FQ1’19 earnings before the market opens on Wednesday, June 6th, 2018. For the upcoming quarter, the Estimize consensus projects an EPS of -$0.08 whereas Wall Street estimates a lower EPS of  -$0.10.  Estimize predicts a year over year growth rate of -108% for EPS which demonstrates a severe loss in EPS relative to last year.  Estimize anticipates its quarterly revenue to come in at $1.425B, and Wall Street predicts a slightly more bullish number of $1.429B which would show a 2% increase in revenue from this quarter last year.  

Michael Kors (KORS) Releasing: 08/08/17 BMO

The Estimize consensus calls for EPS of $0.63, one cent higher than the Wall Street’s consensus of $0.62. Currently, the Estimize community is looking for revenues of $920.33M, slightly higher than the Street’s expectation for $917.88M.

The Estimize community projected same store sales to go down by 9.71% and the projected YoY growth for same store sales to decrease by a whopping 31%. Furthermore, the stock’s EPS is projected to have a negative YoY growth of 28% and its revenue is also projected to decrease 7% YoY. Michael Kors Ltd. has been trying to get their act together to provide better fundamentals and one of its strategies has been acquiring luxury shoe designer, Jimmy Choo. Since the announcement, KORS has seen a 5% increase and Jimmy Choo’s London traded shares have spiked to 63%. Despite these strategic moves, the company has had lots of trouble lately. Although hitting a peak in February 2014, the shares have gone down roughly 62% and due to such a steep decline, it may be hard to make a comeback. The retail market in general has been having some trouble as many consumers no longer shop in stores and do most of their shopping online and sometimes on platforms such as PoshMark, Amazon, or Ebay.

I am very interested in seeing how the changing retail market continues to have an impact on stocks such as Michael Kors and bigger department stores such as Nordstrom and Macy’s. Let us know what you think about this changing sector and get your estimates in here!

Existing Home Sales is set to report May ’18 this coming Wednesday, June 20th.

After a weak April ’18 report, experiencing a 2.5% (MoM) decline in home sales during the month of March, realtors are looking for an uptick in home sales in the May report. The average 30-year fixed mortgage rate hit a 7 year high reaching 4.66%, according to Freddie Mac, making it tougher for consumers to invest in a new home. The April ’18 report was down 1.9% (YoY) in comparison to April ’17, signaling the compounding effects of higher mortgage rates and dwindling supply of houses on the market.

Despite the highest 30-year fixed mortgage rates in 7 years, the housing market has been fairly healthy, fueled by a growing economy with average household income growing. The Estimize Community expects Home Sales to remain fairly stagnant, predicting 0.46% growth MoM (5,485,000 Home Sales).  Realtors are hoping for a stronger report as falling unemployment and higher demand for single family homes has been undercut by rising mortgage rates.

What are your thoughts? Estimate Here!

Yelp, Inc. (YELP):

Information Technology - Internet Software & Software | Reports August 3rd, AMC.

The Estimize consensus calls for EPS of -$0.01, one cent higher than the Wall Street consensus and a decrease of 300% YoY. Currently, the Estimize community is looking for sales of $206.48M, which is roughly inline with the Street ($205.15M). Check out the Estimize website to see our predictions for Local Advertising Revenue and Local Advertising Accounts.  

Yelp has been posting increasing revenue since quarter two of 2015 and looks to continue this streak. However, this streak has been trending with smaller and smaller revenue increases quarter to quarter. With local advertising accounting for about 71% of the company's revenue, they seem to be struggling with growing, and keeping their paying customer base. This struggle could be from the large competitors in this space which include Alphabet (GOOGL) and Priceline (PCLN).

Activision Blizzard. Inc. (ATVI):

Information Technology - Software | Reports August 3rd, AMC.

The Estimize consensus calls for EPS of $.35, five cents higher than the Wall Street consensus, however a decrease of  35% YoY. Currently, the Estimize community is looking at revenue of $1.27B, which is slightly more optimistic than the Street ($1.21B). Check out the Estimize website to see our prediction for Monthly Active Users.  

Under Armour, Inc. (UAA):

Consumer Discretionary - Textiles, Apparel & Luxury Goods | Reports August 1st, BMO.

The Estimize consensus calls for EPS of -$0.04, two cents higher than the Wall Street consensus and a decrease of 200% YoY. Currently, the Estimize community is looking for sales of $1.08B, which is roughly inline with the Street ($1.07B). Check out the Estimize website to see our prediction for Gross Margins.  

Under Armour operates in a cutthroat market and competition is only heating up further. Recently Nike began selling their products on the Amazon platform which will help grow their ecommerce sales, and Nike continues to grab young athletes and grow their team. On the bright side, Under Armour does have Steph Curry and Jordan Speith who both are star athletes in their respective sports. Under Armour receives 20% of their revenue from Dick’s Sporting Goods, and it is not a good sign they are decreasing their square footage growth.

Tesla Inc. (TSLA):

Consumer Discretionary - Automobiles | Reports August 2nd, AMC.

The Estimize consensus calls for EPS of -$1.80, fourteen cents higher than the Wall Street consensus, and a decrease of 70% YoY. Currently, the Estimize community is looking at revenue of $2.61B, which is slightly more optimistic than the Street ($2.55B). Check out the Estimize website to see our prediction for Deliveries.  

Apple (AAPL):

Information Technology - Computers & Peripherals | Reports August 1st, AMC.

The Estimize consensus calls for EPS of $1.61, four cents higher than the Wall Street consensus and an increase of 13% YoY. Currently, the Estimize community is looking for revenue of $44.86B, which is roughly inline with the Street ($44.71B). Visit the Estimize site to see our predictions for iPhone Sales, iPad Sales, Mac Sales, and Gross Margins.

Celgene Corporation (CELG) Releasing 7/27/17 BMO

The Estimize consensus calls for EPS of $1.79, two cents higher than the Wall Street consensus. Currently, the Estimize community is looking for revenues of $3.214B, slightly lower than the Street’s expectation for $3.225B.

Will Celgene be delivering an earnings surprise this quarter? Let’s take a look. During the Great Biotech Wreck in 2015, CELG is one of the few biotech stocks that held up and bounced back quickly. The loss for the industry was approximately 40%, but unlike other biotech stocks that lost close to 60%, CELG stayed below the industry index. Unfortunately, Celgene is facing some legal trouble right now. They just settled a lawsuit for $280 million after marketing two cancer drugs, Revlimid and Thalomid, for unapproved uses. On the flipside, there are many indicators that point towards a positive buy. Primarily, instead of paying out a dividend with its surplus at the end of the quarter, which settled at $8.9 billion at the end of Q1, they invest back into  their pipeline. Likewise, CELG is considered a research and development ecosystem, investing and incorporating many biotech startups, as well as developing their own medicine.

Place your estimates here!