Quantcast

Facebook, Alibaba, Amazon, Apple and Alphabet are part of Zacks Earnings Preview


Shutterstock photo

For Immediate Release

Chicago, IL - Jan 29, 2018 - Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes FacebookFB , AlibabaBABA , AmazonAMZN , AppleAAPL and AlphabetGOOGL .

To see more earnings analysis, visit https://at.zacks.com/?id=3207 .

Every day, Zacks.com makes their Bull Stock of the Day available, free of charge. To see it, click here .

Q4 Earnings This Week: Facebook, Apple, Google and Amazon

The picture emerging from the Q4 earnings season is one of all around strength and momentum. Not only is an above average proportion of companies beating top- and bottom-line expectations, but estimates for the current period are materially going up. With results from 26% of the S&P 500 members already out and another 24% on deck to report results this week, we will be at the halfway mark by the end of this week.

It is still early going for the small-cap S&P 600 index, with results from only 14% of the index's members out.

Of the roughly 400 companies reporting results this week, including 121 S&P 500 members, the most notable reports are:

Facebook - The social-media giant reports Q4 results after the market's close on Wednesday, January 31st. The company is expected to earn $1.94 per share on $12.56 billion in revenues, up +37.6% and +42.6% from the year-earlier period, respectively. The company's ever-growing tally of daily active users will be of as much importance to the market, as its top- and bottom-line results. The expectation is that the worldwide tally of daily active users increased to 1.414 billion, up from 1.227 billion in the year-earlier quarter and 1.368 billion in the preceding quarter. The impact of recent newsfeed changes on ad revenues will likely be of interest on the earnings call. The stock is up +7.7% since the start of the New year and +43.8% over the past year, outperforming the Zacks Tec sector's +28.1% gain over the past year.

Alibaba and Amazon - Alibaba reports before the market's open on Thursday, February 1st, while Amazon reports after the market's close that day. As impressive as Amazon's stock market performance over the past year has been, Alibaba has done even better, with the stock up +101% over the past year, better than Amazon's +67.7% gain. Amazon has long 'trained' the market on not to look for earnings performance in its quarterly results and that will likely be case this time around.

The key factor will be overall revenues and performance of the company's cloud business - Amazon Web Services (AWS). With respect to revenues, the current Zacks Consensus expectation is $59.98 billion, which represents +37.1% growth from the year-earlier level, while earnings of $1.85 per share would represent a +20.1% year-over-year gain.

Apple - Apple reports Q4 results after the market's close on Thursday, February 1st. The company is expected to earn $3.81 per share on $86 billion in revenues, up +13.4% and +9.8% from the year-earlier period, respectively. Apple makes plenty of products, but the most important product in its portfolio is the iPhone, whose unit sales are expected to have reached 79.8 million in the quarter, up from 78.29 million in the year-earlier quarter and 28.85 million in the preceding quarter. The stock has lost ground in recent days, but it is up +40.5% over the past year, handily outperforming the broader Tech sector.

Alphabet - Thursday evening is very busy on the reporting calendar, with Alphabet also coming out with its quarterly results at the same time as Apple and Amazon. The search giant is expected to earn $10.12 per share on $25.67 billion in revenues, up +8.12% and +20.99% from the year-earlier period, respectively.
The stock has literally been on a tear in January, up +12.7% year-to-date, bring its performance of the past year to +40.6%.

Q4 Earnings Season Scorecard (as of Friday, January 26, 2018)

Total earnings for the 133 S&P 500 members that have reported results already are up +12.3% from the same period last year on +8.8% higher revenues, with 81.2% beating EPS estimates and 78.9% beating revenue estimates. The proportion of companies beating both EPS and revenue estimates is 65.4%.

Zacks "Profit from the Pros" e-mail newsletter offers continuous coverage of the industries and the stocks poised to outperform the market. Click to subscribe to this free newsletter today .

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros .

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed in this press release.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Amazon.com, Inc. (AMZN): Free Stock Analysis Report

Alibaba Group Holding Limited (BABA): Free Stock Analysis Report

Facebook, Inc. (FB): Free Stock Analysis Report

Alphabet Inc. (GOOGL): Free Stock Analysis Report

Apple Inc. (AAPL): Free Stock Analysis Report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Earnings
Referenced Symbols: AMZN , BABA , FB , GOOGL , AAPL



More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research










Research Brokers before you trade

Want to trade FX?