Insights

Notable earnings this week

13 May 2019  |  NEWS

After President Trump’s tweet, markets in all regions tumbled. With global trade tensions effecting the markets, the market trend is uncertain.

Regardless,earnings season is still here and there are some notable companies set toreport this week. Pay close attention.

1. Alibaba Group Holdings Ltd.  (Symbol: NYSE: BABA)

Earnings Announcement Date: May 15th, Wednesday, before market open

Market Consensus: EPS: 6.57 RMB ; Revenues: 91.775 billion RMB

Latest quarterly earnings: Third quarter earnings published in March.

EPS: 12.19 RMB (compared with consensus 11.51 RMB); Revenues: 117.28 billion RMB (compared with consensus 118.52 billion RMB)

2. Macy’s Inc. (Symbol: NYSE: M)

Earnings Announcement Date: May 15th, Wednesday, before market open

Market Consensus: EPS: 35¢ ; Revenues: $5.54 billion

Latest quarterly earnings: Fourth quarter earnings published in March.

EPS: $2.73 (compared with consensus $2.53); Revenues: $8.46 billion (compared with consensus $8.4 billion)

3. Cisco Systems, Inc. (Symbol: NASDAQ: CSCO)

Earnings Announcement Date: May 15th, Wednesday, after market close

Market Consensus: EPS: 77¢ ; Revenues: $12.89 billion

Latest quarterly earnings: Second quarter earnings published in Feb.

EPS: 73¢ (compared with consensus 72¢); Revenues: $12.45 billion (compared with consensus $12.43 billion)

Cisco increased quarterly dividend from 33¢to 35¢. Also, the company announced to increase share buyback to $15 billion. 

4. Walmart Inc. (Symbol: NYSE: WMT)

Earnings Announcement Date: May 16th, Thursday, before market open

Market Consensus: EPS: $1.02 ; Revenues: $124.4 billion

Latest quarterly earnings: Fourth quarter earnings published in Feb.

EPS: $1.41 (compared with consensus $1.33); Revenues: $137.74 billion (compared with consensus $137.63 billion)

Company new guidance for FY 2020 (whole year): EPS: $4.91 (compared with previous guidance EPS of $4.71); Same store sales growth: +2.5%~+3.0% (compared with previous guidance as of +2.7%)

5. NVIDIA Corporation. (Symbol: NASDAQ:NVDA)

Earnings Announcement Date: May 16th, Thursday, after market close

Market Consensus: EPS: 80¢ ; Revenues: $2.2 billion

Latest quarterly earnings: Fourth quarter earnings published in Feb.

EPS: 80¢ (compared with consensus 75¢); Revenues: $2.21 billion (compared with consensus $2.22 billion)

Company new guidance for Q1 FY 2020 (first quarter): Revenues: $2.156 billion ~ $2.244 billion (compared with previous guidance Revenue of $2.34 billion)

Company new guidance for FY 2020 (whole year): Revenue growth: +0% (compared with previous -0.4% revenue growth estimation)



The original report was contributed by Takao Hirose, Contextual Investments, LLC., published on 13/05/2019.

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