Earnings 1/23-1/27

Tesla, Inc. $133.42

Tesla, Inc. (TSLA) is confirmed to report earnings at approximately 4:05 PM ET on Wednesday, January 25, 2023. The consensus earnings estimate is $1.17 per share on revenue of $26.16 billion and the Earnings Whisper ® number is $1.04 per share. Investor sentiment going into the company’s earnings release has 37% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 33.46% with revenue increasing by 47.64%. Short interest has increased by 28.1% since the company’s last earnings release while the stock has drifted lower by 35.9% from its open following the earnings release to be 43.6% below its 200 day moving average of $236.59. Overall earnings estimates have been revised lower since the company’s last earnings release. On Friday, January 20, 2023 there was some notable buying of 46,376 contracts of the $95.00 call expiring on Friday, June 20, 2025. Option traders are pricing in a 9.7% move on earnings and the stock has averaged a 6.1% move in recent quarters.

Microsoft Corp. $240.22

Microsoft Corp. (MSFT) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $2.29 per share on revenue of $53.48 billion and the Earnings Whisper ® number is $2.25 per share. Investor sentiment going into the company’s earnings release has 46% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 7.66% with revenue increasing by 3.39%. Short interest has decreased by 0.1% since the company’s last earnings release while the stock has drifted higher by 3.9% from its open following the earnings release to be 6.0% below its 200 day moving average of $255.45. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, January 4, 2023 there was some notable buying of 15,878 contracts of the $235.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 4.4% move in recent quarters.

Boeing Co. $206.76

Boeing Co. (BA) is confirmed to report earnings at approximately 7:30 AM ET on Wednesday, January 25, 2023. The consensus earnings estimate is $0.30 per share on revenue of $20.00 billion and the Earnings Whisper ® number is $0.56 per share. Investor sentiment going into the company’s earnings release has 65% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 103.90% with revenue increasing by 35.20%. Short interest has decreased by 9.5% since the company’s last earnings release while the stock has drifted higher by 40.6% from its open following the earnings release to be 31.4% above its 200 day moving average of $157.33. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, January 4, 2023 there was some notable buying of 13,789 contracts of the $245.00 call expiring on Friday, March 17, 2023. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 4.5% move in recent quarters.

Verizon Communications $40.00

Verizon Communications (VZ) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $1.21 per share on revenue of $35.37 billion and the Earnings Whisper ® number is $1.24 per share. Investor sentiment going into the company’s earnings release has 68% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 7.63% with revenue increasing by 3.82%. Short interest has decreased by 4.4% since the company’s last earnings release while the stock has drifted higher by 12.6% from its open following the earnings release to be 8.5% below its 200 day moving average of $43.73. Overall earnings estimates have been revised lower since the company’s last earnings release. On Tuesday, January 10, 2023 there was some notable buying of 9,506 contracts of the $43.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 4.6% move on earnings and the stock has averaged a 3.3% move in recent quarters.

Johnson & Johnson $168.74

Johnson & Johnson (JNJ) is confirmed to report earnings at approximately 6:25 AM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $2.22 per share on revenue of $23.91 billion and the Earnings Whisper ® number is $2.27 per share. Investor sentiment going into the company’s earnings release has 43% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 4.23% with revenue decreasing by 3.60%. Short interest has decreased by 22.9% since the company’s last earnings release while the stock has drifted higher by 2.3% from its open following the earnings release to be 2.2% below its 200 day moving average of $172.51. Overall earnings estimates have been revised lower since the company’s last earnings release. On Friday, January 20, 2023 there was some notable buying of 5,167 contracts of the $162.50 put expiring on Friday, January 27, 2023. Option traders are pricing in a 2.6% move on earnings and the stock has averaged a 1.8% move in recent quarters.

Lockheed Martin Corp. $443.28

Lockheed Martin Corp. (LMT) is confirmed to report earnings at approximately 7:30 AM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $7.41 per share on revenue of $18.28 billion and the Earnings Whisper ® number is $7.70 per share. Investor sentiment going into the company’s earnings release has 57% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 2.35% with revenue increasing by 3.11%. Short interest has increased by 21.3% since the company’s last earnings release while the stock has drifted higher by 10.0% from its open following the earnings release to be 0.9% above its 200 day moving average of $439.42. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, January 9, 2023 there was some notable buying of 5,479 contracts of the $510.00 call and 5,214 contracts of the $410.00 put expiring on Friday, March 17, 2023. Option traders are pricing in a 3.8% move on earnings and the stock has averaged a 5.0% move in recent quarters.

Halliburton Company $40.69

Halliburton Company (HAL) is confirmed to report earnings at approximately 6:45 AM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $0.67 per share on revenue of $5.58 billion and the Earnings Whisper ® number is $0.69 per share. Investor sentiment going into the company’s earnings release has 55% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 86.11% with revenue increasing by 30.47%. Short interest has increased by 8.8% since the company’s last earnings release while the stock has drifted higher by 16.8% from its open following the earnings release to be 19.5% above its 200 day moving average of $34.04. Overall earnings estimates have been revised higher since the company’s last earnings release. On Tuesday, January 3, 2023 there was some notable buying of 3,871 contracts of the $30.00 put expiring on Friday, February 10, 2023. Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 2.0% move in recent quarters.

Baker Hughes $31.07

Baker Hughes (BKR) is confirmed to report earnings at approximately 7:00 AM ET on Monday, January 23, 2023. The consensus earnings estimate is $0.41 per share on revenue of $6.06 billion and the Earnings Whisper ® number is $0.43 per share. Investor sentiment going into the company’s earnings release has 53% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 64.00% with revenue increasing by 9.80%. Short interest has decreased by 41.7% since the company’s last earnings release while the stock has drifted higher by 17.0% from its open following the earnings release to be 19.2% below its 200 day moving average of $38.46. Overall earnings estimates have been revised higher since the company’s last earnings release. On Friday, December 30, 2022 there was some notable buying of 11,042 contracts of the $31.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 6.6% move on earnings and the stock has averaged a 4.4% move in recent quarters.

General Electric Co. $77.68

General Electric Co. (GE) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, January 24, 2023. The consensus earnings estimate is $1.11 per share on revenue of $21.68 billion and the Earnings Whisper ® number is $1.14 per share. Investor sentiment going into the company’s earnings release has 45% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 54.56% with revenue increasing by 6.78%. Short interest has increased by 3.7% since the company’s last earnings release while the stock has drifted higher by 3.6% from its open following the earnings release to be 29.9% above its 200 day moving average of $59.81. Overall earnings estimates have been revised lower since the company’s last earnings release. On Thursday, January 5, 2023 there was some notable buying of 7,722 contracts of the $75.00 call expiring on Friday, March 17, 2023. Option traders are pricing in a 5.4% move on earnings and the stock has averaged a 4.7% move in recent quarters.

AT&T Corp. $19.23

AT&T Corp. (T) is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, January 25, 2023. The consensus earnings estimate is $0.58 per share on revenue of $31.49 billion and the Earnings Whisper ® number is $0.60 per share. Investor sentiment going into the company’s earnings release has 29% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 25.64% with revenue decreasing by 23.12%. Short interest has decreased by 5.2% since the company’s last earnings release while the stock has drifted higher by 18.6% from its open following the earnings release to be 0.5% above its 200 day moving average of $19.14. Overall earnings estimates have been revised higher since the company’s last earnings release. On Thursday, January 19, 2023 there was some notable buying of 33,238 contracts of the $19.00 put expiring on Friday, January 27, 2023. Option traders are pricing in a 4.8% move on earnings and the stock has averaged a 4.8% move in recent quarters.

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Just an observation, MMM down close to 10% in the past few days into earnings (Tues BMO), it’s talked about in this thread but they have a pretty bad lawsuit on their hands right now, might be worth keeping an eye on it monday to play some weakness into earnings.

LOGI could be one to watch tomorrow, beat the whisper number pretty significantly. Only problem is growth is down and they downgraded their outlook earlier which caused a gap down, means there is potentially more upside though.

Logitech Int S.A. Beats

Logitech Int S.A. (LOGI) reported 3rd Quarter December 2022 earnings of $1.14 per share. The consensus earnings estimate was $1.06 per share on revenue of $1.3 billion. The Earnings Whisper number was $0.91 per share.

The company said it continues to expect fiscal 2023 revenue of $4.67 billion to $4.77 billion. The current consensus revenue estimate is $4.70 billion for the year ending March 31, 2023.

Outlook

As announced earlier this month, Logitech’s Fiscal Year 2023 outlook has been adjusted to between negative 15 percent and negative 13 percent sales growth in constant currency, and between $550 million and $600 million in non-GAAP operating income.

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LOGI had decent numbers. Had a huge drop a couple weeks back. Don’t follow it enough to know went from 68 to 54 in couple days might push back up towards there. So many big ones in the morning to watch.

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Yeah that’s what i was thinking, could head for the gap fill. I think the drop was caused because they downgraded their 2023 outlook. But it’s still a good 15% below that, the fact the whisper number was lower than the consensus I think means that bad earnings were priced in also.

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All credit to Navi for this summary of PM earnings 01/24/2023. Thanks!

LOGI - Miss (1.14 VS 1.18)
BRO - Beat (0.50 Vs. 0.40)
CR - Beat 2.13 Vs 1.90
ZION - Beat 1.84 Vs 1.64
BBCP - BEAT .14 Vs .12 (LMAO Concrete Pumping Holdings?)
SFBS - Meet or inline
UMPQ - Miss .46 vs .53 (Pretty good drop so far)
VZ - Miss 4.55 vs 4.85
JNJ - Beat 2.35 VS 2.23
HAL - Beat .72 Vs .67 and raises dividend from .12 to .16 a share (33% increase)
GE Beat 1.24 vs 1.15
RTX Beat 1.27 vs 1.24
MMM - Miss 2.28 vs 2.36
UNP -Miss 2.67 vs 2.78 (down pretty good so far)
LMT - BEAT 7.79 vs 7.39

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I apologize for being retarded. Thanks for putting this in here

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We have data coming out at 9:45 so I am going to wait until after that. Then we can compare how things move vs SPY and the market and jump on the ones that show strength for calls. Still looking but MMM, HAL, GE. Most look bad but eying HAL 40 support so far. DHI might be another one that still looks decent pre market, near all time highs though.

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BSET killed earnings
DHI another one home builder but they doing well

LRCX beat earnings but had a pretty big reduction in guidence. It’s been on a bit of a run recently too so could be good put play.

[color=#ffa701]# Lam Research Beats but Guides Lower[/color]

[color=#ffa701]Lam Research (LRCX) reported 2nd Quarter December 2022 earnings of $10.71 per share on revenue of $5.3 billion. The consensus earnings estimate was $9.95 per share on revenue of $5.1 billion. The Earnings Whisper number was $10.17 per share. Revenue grew 24.9% on a year-over-year basis.[/color]

[color=#ffa701]The company said it expects third quarter non-GAAP earnings of $5.75 to $7.25 per share on revenue of $3.50 billion to $4.10 billion. The current consensus earnings estimate is $7.88 per share on revenue of $4.40 billion for the quarter ending March 31, 2023.[/color]

[color=#ffa701]Lam Research Corp is a supplier of wafer fabrication equipment and services to the semiconductor industry.[/color]

NOW had a nice beat, I don’t know why it’s down in AH, only thing I can see bad is their operating margins down to 24% from 28% last Q.

[color=#ffa701]# Servicenow Beats[/color]

[color=#ffa701]Servicenow (NOW) reported 4th Quarter December 2022 earnings of $2.28 per share on revenue of $1.9 billion. The consensus earnings estimate was $2.03 per share on revenue of $1.9 billion. The Earnings Whisper number was $2.06 per share. Revenue grew 20.2% on a year-over-year basis.[/color]

LVS is pumping off bad earnings too, seems they’re seeing a return of customers in Macau which is next to hong kong so It’s going to benefit from China easing restrictions too.

Mav weekly recap, he seems to use operating margins and his main metric. I usually keep an eye on the main 3-4 from the week before, especially the weak ones as they tend to have a nice little rally to short a few days after.

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