Earnings
Monday, January 22
United Airlines
Following Delta Air Lines (DAL)’s positive report earlier this month, United Airlines (UAL) will publish its results after the closing bell on Monday. Delta’s earnings outlook below its long-term forecast rocked the airline industry.
Wall Street analysts favor buying the company, while Seeking Alpha’s Quant rating system suggests holding.
IncomeBent Investments, a Seeking Alpha contributor, praises UAL’s resiliency and strategic agility. United Airlines has overcome obstacles and positioned itself for expansion.
IncomeBent said the airline serves business and leisure travelers, increasing client loyalty and revenue. The analyst said United’s capacity and revenue growth, high earnings, and record-breaking operations make it an attractive investment.
EPS consensus: $1.71
Revenue consensus: $13.55B
In 6 of 8 quarters, United Airlines has surpassed EPS and revenue projections.
Bank of Hawaii, Agilysys, AGNC Investment, Brown & Brown, Independent Bank Group, TFI International, Zions Bancorp, and others reported.
Tuesday, January 23
Netflix (NFLX)
Netflix (NFLX) Streaming giant Netflix (NFLX) will release Q4 earnings after the bell on Tuesday. After implementing password-sharing regulations and executing its growth strategy, the stock rose over 50% in 12 months. The Seeking Alpha Quant Rating system rates the stock Hold, while Wall Street analysts rate it Buy.
Seeking Alpha columnist Feli Brum, CFA, is negative on Netflix due to its $200B market cap and expected difficulty in generating enough to support it.
The consensus EPS estimate is $2.24.
Revenue consensus: $8.71B
Information: Netflix has exceeded EPS predictions in 7 of the past 8 quarters and revenue expectations in 3 of them.
D.R. Horton (DHI), Ericsson (ERIC), GATX (GATX), General Electric (GE), Halliburton (HAL), Invesco (IVZ), Lockheed Martin (LMT), Logitech International (LOGI), PACCAR (PCAR), Procter & Gamble (PG), RTX (RTX), Verizon (VZ), Baker Hughes (BKR), Texas Instruments (TXN).
Wednesday, January 24
Tesla (TSLA)
Tesla (TSLA) will announce Q4 earnings after the bell on Wednesday, one of the week’s most anticipated reports. Analysts estimate EPS to fall Y/Y due to the price war.
The Seeking Alpha Quant Rating system and sell-side analysts rate the stock Hold.
Seeking Alpha Investing Group Leader Victor Dergunov expects Tesla will outperform modest sales and earnings projections with a 20% Y/Y revenue increase. Despite obstacles, Dergunov believes Tesla’s long-term outlook is positive due to the growing EV industry and its benefits and economies of scale.
This month, the EV maker revealed a record 484,507 Q4 deliveries, beating market forecasts of 483K and meeting its yearly target. BYD overtook it as the top electric car maker in sales.
Consensus EPS: $0.74
Revenue consensus: $25.74B
Tesla has topped sales predictions in 4 of the past 8 quarters and missed EPS expectations only twice.
Abbott (ABT), ASML (ASML), AT&T (T), Freeport-McMoRan (FCX), General Dynamics (GD), Kimberly-Clark (KMB), Monro Muffler (MNRO), SAP SE (SAP), Canadian Pacific (CP), IBM (IBM), Lam Research (LRCX), Las Vegas Sands (LVS), ServiceNow (NOW).
Thursday, January 25
Intel (INTC)
Intel (INTC) will release its Q4 quarterly results after the market closes on Thursday, a week after Taiwan Semiconductor’s strong results and positive prediction. Analysts expect strong Y/Y profit growth.
Market experts are cautious about the stock, which has grown 62% in the past year. Wall Street analysts and Seeking Alpha’s Quant rating system rate the stock Hold.
SA contributor Oliver Rodzianko, a bear, says Intel’s AI revenue and cost-saving commercial applications make it a good long-term investment. Its financials and relative weakness compared to others create concerns about future growth and make it a dangerous AI market investment.
Rodzianko said Intel’s inflated shares have promise because to the burgeoning AI market and its good placement, but he worries about its finances and development. Despite Intel’s AI promise, it may not be the ideal investment, despite its history and effect on technology.
Consensus EPS: $0.45
Revenue consensus: $15.18B
Insight: The chip titan has exceeded sales projections in 6 of the last 8 quarters but only 50% of EPS estimates.
Alaska Air (ALK), American Airlines (AAL), Blackstone (BX), Comcast (CMCSA), Dow (DOW), Humana (HUM), Marsh McLennan (MMC), McCormick (MKC), Mobileye (MBLY), Nokia (NOK), Northrop Grumman (NOC), Southwest Airlines (LUV), Union Pacific (UNP), Xerox (XRX), Applied Materials (AIT), KLA (KLAC), T-Mobile (TMUS), Visa (V), L3Harris (LHX), Capital One
Friday, January 26
Financial services giant American Express (AXP) will report its Q4 earnings before the opening bell on Friday. Last week, the business announced a 1.4% U.S. consumer credit card default rate in December. However, the net write-off rate rose to 2.5% due to certain write-offs moving from November to December due to Thanksgiving last year.
The sell-side recommends buying the company, while analysts have different perspectives. Due to value issues, Seeking Alpha’s quant rating system is Hold.
American Express is a “compounder,” according to SA author PropNotes, which could increase above average over time.
Consensus EPS: $2.65
Revenue consensus: $15.95B
Earnings Insight: It has surpassed EPS and revenue estimates in 6 and 5 of the prior 8 quarters, respectively.
Autoliv (ALV), Booz Allen (BAH), Colgate-Palmolive (CL), Fortis (FTS), Imperial Oil (IMO), Gentex (GNTX), and others reported.
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Earnings