Earnings 3/13/23-3/17/23

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ZIM Integrated Shipping Services is Expected to Beat Estimates

Logo for ZIM Integrated Shipping Services Ltd.ZIM Integrated Shipping Services (ZIM) is confirmed to report earnings on Monday, March 13, 2023 at approximately 7:00 AM ET. The consensus earnings estimate is $2.26 per share on revenue of $2.11 billion, a decline of 39.1% year-over-year, and the Earnings Whisper ® number is $2.61 per share. Investors are bearish going into the company’s earnings release but with 60.0% expecting a beat. Short interest has increased by 23.1% since the company’s last earnings release while the stock has drifted lower by 30.7% from its open following the earnings release to be 39.2% below its 200 day moving average of $32.19. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 15.6% move on earnings and the stock has averaged a 4.7% move in recent quarters.

Arcos Dorados is Expected to Beat Estimates

Logo for Arcos Dorados Holdings Inc.Arcos Dorados (ARCO) is confirmed to report earnings on Wednesday, March 15, 2023 at approximately 7:30 AM ET. The consensus earnings estimate is $0.23 per share on revenue of $990.25 million, respresenting 26.9% year-over-year revenue growth, and the Earnings Whisper ® number is $0.26 per share. Investors are bullish going into the company’s earnings release with 63.0% expecting a beat. Short interest has decreased by 20.6% since the company’s last earnings release while the stock has drifted higher by 1.4% from its open following the earnings release to be 4.8% below its 200 day moving average of $8.26. Overall earnings estimates have been revsied higher since the company’s last earnings release. Option Traders are pricing in a 4.5% move on earnings and the stock has averaged a 3.1% move in recent quarters.

Adobe is Expected to Miss Estimates

Logo for Adobe Inc.Adobe (ADBE) is confirmed to report earnings on Wednesday, March 15, 2023 at approximately 4:05 PM ET. The consensus earnings estimate is $3.68 per share on revenue of $4.62 billion, respresenting 8.4% year-over-year revenue growth, and the Earnings Whisper ® number is $3.65 per share. The company’s guidance was for earnings of $3.65 to $3.70 per share on revenue of $4.60 billion to $4.64 billion. Investors are bearish going into the company’s earnings release but with 63.8% expecting a beat. Short interest has increased by 39.5% since the company’s last earnings release while the stock has drifted lower by 4.6% from its open following the earnings release to be 7.1% below its 200 day moving average of $354.47. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 7.0% move on earnings and the stock has averaged a 7.3% move in recent quarters.

FedEx is Expected to Beat Estimates

Logo for FedEx Corp.FedEx (FDX) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 4:05 PM ET. The consensus earnings estimate is $2.64 per share on revenue of $22.76 billion, a decline of 3.7% year-over-year, and the Earnings Whisper ® number is $2.67 per share. Investors are bearish going into the company’s earnings release but with 36.0% expecting a beat. Short interest has decreased by 3.8% since the company’s last earnings release while the stock has drifted higher by 15.3% from its open following the earnings release to be 3.2% above its 200 day moving average of $194.95. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 6.4% move on earnings and the stock has averaged a 5.3% move in recent quarters.

Dollar General is Expected to Beat Estimates

Logo for Dollar General CorporationDollar General (DG) is confirmed to report earnings on Thursday, March 16, 2023 at approximately 6:55 AM ET. The consensus earnings estimate is $2.94 per share on revenue of $10.32 billion, respresenting 19.3% year-over-year revenue growth, and the Earnings Whisper ® number is $2.96 per share. The company’s guidance was for earnings of $3.15 to $3.30 per share. Investors are bearish going into the company’s earnings release but with 69.6% expecting a beat. Short interest has increased by 7.3% since the company’s last earnings release while the stock has drifted lower by 9.8% from its open following the earnings release to be 9.9% below its 200 day moving average of $239.73. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 4.8% move on earnings and the stock has averaged a 5.5% move in recent quarters.

GitLab is Expected to Beat Estimates

Logo for GitLab Inc.GitLab (GTLB) is confirmed to report earnings on Monday, March 13, 2023 at approximately 4:05 PM ET. The consensus estimate is a loss of $0.14 per share on revenue of $119.91 million, respresenting 54.1% year-over-year revenue growth, and the Earnings Whisper ® number is a loss of $0.13 per share. The company’s guidance was for a loss of $0.15 to $0.14 per share on revenue of $119.00 million to $120.00 million. Investors are bullish going into the company’s earnings release with 69.6% expecting a beat. Short interest has decreased by 15.8% since the company’s last earnings release while the stock has drifted higher by 1.2% from its open following the earnings release to be 10.5% below its 200 day moving average of $49.56. Overall earnings estimates have been revsied higher since the company’s last earnings release. Option Traders are pricing in a 18.3% move on earnings and the stock has averaged a 13.6% move in recent quarters.

Lightning eMotors, Inc. is Expected to Miss Estimates

Logo for Lightning eMotors, Inc.before the market opens. The consensus estimate is a loss of $0.27 per share on revenue of $10.21 million, respresenting 141.9% year-over-year revenue growth, and the Earnings Whisper ® number is a loss of $0.28 per share. The company’s guidance was for revenue of $13.00 million to $18.00 million. Investors are bullish going into the company’s earnings release with 59.3% expecting a beat. Short interest has decreased by 30.4% since the company’s last earnings release while the stock has drifted lower by 60.6% from its open following the earnings release to be 71.6% below its 200 day moving average of $1.97. Overall earnings estimates have been revsied lower since the company’s last earnings release. The stock has averaged a 6.3% move in recent quarters.

Array Technologies is Expected to Beat Estimates

Logo for Array Technologies IncArray Technologies (ARRY) is confirmed to report earnings on Wednesday, March 15, 2023 at approximately 4:00 PM ET. The consensus earnings estimate is $0.09 per share on revenue of $366.77 million, respresenting 66.8% year-over-year revenue growth, and the Earnings Whisper ® number is $0.11 per share. Investors are bullish going into the company’s earnings release with 79.6% expecting a beat. Short interest has decreased by 2.4% since the company’s last earnings release while the stock has drifted lower by 5.4% from its open following the earnings release to be 8.3% above its 200 day moving average of $17.91. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 15.2% move on earnings and the stock has averaged a 14.5% move in recent quarters.

StoneCo is Expected to Beat Estimates

Logo for StoneCo Ltd.StoneCo (STNE) is confirmed to report earnings on Tuesday, March 14, 2023 at approximately 4:05 PM ET. The consensus earnings estimate is $0.12 per share on revenue of $521.30 million, respresenting 55.3% year-over-year revenue growth, and the Earnings Whisper ® number is $0.14 per share. The company’s guidance was for revenue of approximately $479.41 million. Investors are bearish going into the company’s earnings release but with 82.4% expecting a beat. Short interest has increased by 35.3% since the company’s last earnings release while the stock has drifted lower by 23.0% from its open following the earnings release to be 12.8% below its 200 day moving average of $10.00. Overall earnings estimates have been revsied lower since the company’s last earnings release. Option Traders are pricing in a 17.5% move on earnings and the stock has averaged a 22.5% move in recent quarters.

Benson Hill is Expected to Beat Estimates

Logo for Benson Hill, Inc.Benson Hill (BHIL) is confirmed to report earnings on Monday, March 13, 2023 at approximately 7:05 AM ET. The consensus estimate is a loss of $0.17 per share on revenue of $101.99 million, respresenting 133.3% year-over-year revenue growth, and the Earnings Whisper ® number is a loss of $0.15 per share. Investors are bullish going into the company’s earnings release with 67.3% expecting a beat. Short interest has decreased by 19.5% since the company’s last earnings release while the stock has drifted lower by 33.4% from its open following the earnings release to be 29.3% below its 200 day moving average of $2.87. Overall earnings estimates have been revsied higher since the company’s last earnings release. The stock has averaged a 11.5% move in recent quarters.

Amyris is Scheduled to Report on Wednesday, March 15, 2023

Logo for Amyris, Inc.Amyris (AMRS) is confirmed to report earnings on Wednesday, March 15, 2023 at approximately 4:05 PM ET. The consensus estimate is a loss of $0.22 per share on revenue of $104.10 million, respresenting 60.7% year-over-year revenue growth. Investors are bearish going into the company’s earnings release but with 43.8% expecting a beat. Short interest has increased by 5.9% since the company’s last earnings release while the stock has drifted lower by 31.5% from its open following the earnings release to be 48.6% below its 200 day moving average of $2.20. Overall earnings estimates have been revsied lower since the company’s last earnings release. and the stock has averaged a 23.8% move in recent quarters.

CrowdStrike Beat Expectations

Logo for CrowdStrike, Inc.CrowdStrike (CRWD) reported earnings of $0.47 per share on revenue of $637.37 million for the fiscal fourth quarter ended January 2023. The consensus earnings estimate was $0.43 per share on revenue of $625.00 million. The Earnings Whisper number was $0.45 per share. The company beat expectations by 4.44% while revenue grew 47.88% on a year-over-year basis.

The company said it expects first quarter non-GAAP earnings of $0.50 to $0.51 per share on revenue of $674.9 million to $678.2 million. The current consensus earnings estimate is $0.43 per share on revenue of $664.28 million for the quarter ending April 30, 2023. The company said it expects fiscal 2024 non-GAAP earnings of $2.21 to $2.39 per share on revenue of $2.9551 billion to $3.0148 billion. The current consensus earnings estimate is $1.99 per share on revenue of $2.96 billion for the year ending January 31, 2024.

CrowdStrike provides cloud-delivered endpoint and cloud workload protection.

Sea Limited Beat Expectations

Logo for Sea LimitedSea Limited (SE) reported earnings of $0.72 per share on revenue of $3.45 billion for the fourth quarter ended December 2022. The consensus estimate was a loss of $0.78 per share on revenue of $3.12 billion. The Earnings Whisper number was a loss of $0.68 per share. The company beat expectations by 205.88% while revenue grew 120.33% on a year-over-year basis.

Sea Limited is a leading global consumer internet company founded in Singapore in 2009.

DocuSign Beat Expectations

Logo for DocuSignDocuSign (DOCU) reported earnings of $0.65 per share on revenue of $659.58 million for the fiscal fourth quarter ended January 2023. The consensus earnings estimate was $0.52 per share on revenue of $632.78 million. The Earnings Whisper number was $0.57 per share. The company beat expectations by 14.04% while revenue grew 13.56% on a year-over-year basis.

The company said it expects first quarter revenue of $639.0 million to $643.0 million and fiscal year revenue of $2.695 billion to $2.707 billion. The current consensus revenue estimate is $640.87 million for the quarter ending April 30, 2023 and revenue of $2.69 billion for the year ending January 31, 2024.

DocuSign helps organizations connect and automate how they prepare, sign, act on, and manage agreements.

JD.com Beat Expectations

Logo for JD.com, Inc.JD.com (JD) reported earnings of $0.70 per share on revenue of $42.84 billion for the fourth quarter ended December 2022. The consensus earnings estimate was $0.51 per share on revenue of $43.05 billion. The Earnings Whisper number was $0.55 per share. The company beat expectations by 27.27% while revenue fell 1.06% compared to the same quarter a year ago.

JD.com Inc is an online direct sales company in China. The Company acquire products from suppliers and sell them directly to its customers through its website and mobile applications.

DICK’S Sporting Goods Missed Expectations

Logo for DICK'S Sporting Goods, Inc.DICK’S Sporting Goods (DKS) reported earnings of $2.93 per share on revenue of $3.60 billion for the fiscal fourth quarter ended January 2023. The consensus earnings estimate was $2.86 per share on revenue of $3.44 billion. The Earnings Whisper number was $2.94 per share. The company missed expectations by 0.34% while revenue grew 7.30% on a year-over-year basis.

The company said it expects fiscal 2024 earnings of $12.90 to $13.80 per share. The current consensus earnings estimate is $11.97 per share for the year ending January 31, 2024.

Dick’ Sporting Goods, Inc., is an authentic full-line sporting goods retailer offering a assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment.

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