Earnings 1/9-1/13

Tilray, Inc. $2.95

Tilray, Inc. (TLRY) is confirmed to report earnings at approximately 7:00 AM ET on Monday, January 9, 2023. The consensus estimate is for a loss of $0.05 per share on revenue of $158.29 million and the Earnings Whisper ® number is ($0.05) per share. Investor sentiment going into the company’s earnings release has 64% expecting an earnings beat. Consensus estiamtes are for year-over-year revenue growth of 2.02%. Short interest has decreased by 30.4% since the company’s last earnings release while the stock has drifted lower by 27.3% from its open following the earnings release to be 26.2% below its 200 day moving average of $4.00. Overall earnings estimates have been revised higher since the company’s last earnings release. On Wednesday, January 4, 2023 there was some notable buying of 4,172 contracts of the $3.50 call expiring on Friday, January 13, 2023. Option traders are pricing in a 15.6% move on earnings and the stock has averaged a 12.5% move in recent quarters.

Bank of America Corp. $34.41

Bank of America Corp. (BAC) is confirmed to report earnings at approximately 6:45 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $0.81 per share on revenue of $24.59 billion and the Earnings Whisper ® number is $0.85 per share. Investor sentiment going into the company’s earnings release has 56% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 1.22% with revenue increasing by 5.97%. Short interest has decreased by 30.4% since the company’s last earnings release while the stock has drifted higher by 3.1% from its open following the earnings release to be 0.9% below its 200 day moving average of $34.73. Overall earnings estimates have been revised lower since the company’s last earnings release. On Friday, January 6, 2023 there was some notable buying of 20,311 contracts of the $35.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 4.9% move on earnings and the stock has averaged a 2.8% move in recent quarters.

UnitedHealth Group, Inc. $490.00

UnitedHealth Group, Inc. (UNH) is confirmed to report earnings at approximately 5:55 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $5.17 per share on revenue of $81.97 billion and the Earnings Whisper ® number is $5.30 per share. Investor sentiment going into the company’s earnings release has 56% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 15.40% with revenue increasing by 11.16%. Short interest has increased by 15.2% since the company’s last earnings release while the stock has drifted lower by 5.8% from its open following the earnings release to be 5.1% below its 200 day moving average of $516.29. Overall earnings estimates have been revised higher since the company’s last earnings release. On Thursday, December 22, 2022 there was some notable buying of 2,829 contracts of the $490.00 put and 1,443 contracts of the $550.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 3.5% move on earnings and the stock has averaged a 2.0% move in recent quarters.

JPMorgan Chase & Co. $137.94

JPMorgan Chase & Co. (JPM) is confirmed to report earnings at approximately 6:50 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $3.12 per share on revenue of $34.16 billion and the Earnings Whisper ® number is $3.23 per share. Investor sentiment going into the company’s earnings release has 65% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 6.31% with revenue increasing by 11.36%. Short interest has increased by 8.4% since the company’s last earnings release while the stock has drifted higher by 23.2% from its open following the earnings release to be 12.8% above its 200 day moving average of $122.28. 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 52,028 contracts of the $120.00 call expiring on Friday, January 20, 2023. Option traders are pricing in a 4.1% move on earnings and the stock has averaged a 3.1% move in recent quarters.

Delta Air Lines, Inc. $36.03

Delta Air Lines, Inc. (DAL) is confirmed to report earnings at approximately 6:30 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $1.35 per share on revenue of $12.39 billion and the Earnings Whisper ® number is $1.40 per share. Investor sentiment going into the company’s earnings release has 70% expecting an earnings beat The company’s guidance was for earnings of $1.00 to $1.25 per share. Consensus estimates are for year-over-year earnings growth of 513.64% with revenue increasing by 30.83%. Short interest has decreased by 7.5% since the company’s last earnings release while the stock has drifted higher by 22.8% from its open following the earnings release to be 5.0% above its 200 day moving average of $34.30. Overall earnings estimates have been revised higher since the company’s last earnings release. On Wednesday, December 21, 2022 there was some notable buying of 11,565 contracts of the $37.00 call expiring on Friday, February 17, 2023. Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 4.0% move in recent quarters.

Commercial Metals Company $50.61

Commercial Metals Company (CMC) is confirmed to report earnings at approximately 6:45 AM ET on Monday, January 9, 2023. The consensus earnings estimate is $1.99 per share on revenue of $2.24 billion and the Earnings Whisper ® number is $2.11 per share. Investor sentiment going into the company’s earnings release has 47% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 22.84% with revenue increasing by 13.03%. Short interest has decreased by 17.6% since the company’s last earnings release while the stock has drifted higher by 29.0% from its open following the earnings release to be 22.0% above its 200 day moving average of $41.49. Overall earnings estimates have been revised lower since the company’s last earnings release. On Monday, December 19, 2022 there was some notable buying of 2,532 contracts of the $46.00 put expiring on Friday, January 20, 2023. Option traders are pricing in a 11.5% move on earnings and the stock has averaged a 3.7% move in recent quarters.

Citigroup, Inc. $47.31

Citigroup, Inc. (C) is confirmed to report earnings at approximately 8:00 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $1.22 per share on revenue of $17.90 billion and the Earnings Whisper ® number is $1.27 per share. Investor sentiment going into the company’s earnings release has 36% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 38.69% with revenue decreasing by 5.92%. Short interest has decreased by 10.9% since the company’s last earnings release while the stock has drifted higher by 9.8% from its open following the earnings release to be 2.0% below its 200 day moving average of $48.27. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, December 28, 2022 there was some notable buying of 66,008 contracts of the $65.00 put expiring on Friday, January 20, 2023. Option traders are pricing in a 5.4% move on earnings and the stock has averaged a 3.0% move in recent quarters.

Wells Fargo & Co. $42.80

Wells Fargo & Co. (WFC) is confirmed to report earnings at approximately 7:00 AM ET on Friday, January 13, 2023. The consensus earnings estimate is $0.63 per share on revenue of $20.01 billion. Investor sentiment going into the company’s earnings release has 45% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 54.35% with revenue decreasing by 7.85%. Short interest has decreased by 9.5% since the company’s last earnings release while the stock has drifted lower by 2.3% from its open following the earnings release to be 3.9% below its 200 day moving average of $44.52. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, December 28, 2022 there was some notable buying of 18,420 contracts of the $55.00 put expiring on Friday, January 20, 2023. Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 3.6% move in recent quarters.

Acuity Brands, Inc. $169.76

Acuity Brands, Inc. (AYI) is confirmed to report earnings at approximately 6:00 AM ET on Monday, January 9, 2023. The consensus earnings estimate is $3.05 per share on revenue of $984.60 million and the Earnings Whisper ® number is $3.01 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 13.81% with revenue increasing by 6.32%. Short interest has decreased by 27.7% since the company’s last earnings release while the stock has drifted lower by 1.9% from its open following the earnings release to be 1.3% below its 200 day moving average of $172.02. Option traders are pricing in a 6.1% move on earnings and the stock has averaged a 5.4% move in recent quarters.

Taiwan Semiconductor Manufacturing Company Limited $78.07

Taiwan Semiconductor Manufacturing Company Limited (TSM) is confirmed to report earnings at approximately 6:00 AM ET on Thursday, January 12, 2023. The consensus earnings estimate is $1.78 per share on revenue of $20.25 billion and the Earnings Whisper ® number is $1.81 per share. Investor sentiment going into the company’s earnings release has 68% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 54.78% with revenue increasing by 28.69%. Short interest has increased by 17.2% since the company’s last earnings release while the stock has drifted higher by 23.8% from its open following the earnings release to be 5.8% below its 200 day moving average of $82.84. Overall earnings estimates have been revised lower since the company’s last earnings release. On Wednesday, December 28, 2022 there was some notable buying of 17,371 contracts of the $110.00 put expiring on Friday, January 20, 2023. Option traders are pricing in a 3.7% move on earnings and the stock has averaged a 3.8% move in recent quarters.

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