IronFX, What to expect? - Earning Releases of Alphabet, Amazon, and Ford
Alphabet, Amazon, Ford will release their earnings in the next few days.
Upcoming earning releases that could possibly interest you
While the earnings season is currently the main attraction for the stock markets, this report aims at complementing the interest displayed by traders for such events.
This report can also be used as a brief overview of some of the most important earning releases expected in the following days, presenting simple yet valuable information.
- Alphabet Inc. (#GOOG) 1st of February
- Meta Platforms Inc. (#FB) 2nd of February
- Amazon.com, Inc. (#AMZN) 3rd of February
- Ford Motor Company (#F) 3rd of February
Alphabet Inc. (#GOOG) 1st of February
Alphabet Inc. the American multinational technology conglomerate and the parent company of Google (#GOOG) will be announcing its earnings report on the 1st of February Tuesday.
On a year to date basis #GOOG is currently down by -7.94% while its 52 week price range is between $1844.59 and $3019.33.
According to Eikon Refinitiv forecasts, the EPS smart estimate currently stands at 27.84 for Q4 2021 and 109.09 for full year 2021.
The forecasted figure in terms of revenue, stands at 72.11B for Q4 2021 and 254.38B for the full year 2021.
If the actual results are higher than the estimated figures, we could see (#GOOG) share price coming under support.
The majority of analysts currently suggest a buy for (#GOOG) while some have even increased their target price on Alphabet to be over $3,200.00. Alphabet Inc. will carry out its quarterly conference call to discuss fourth quarter 2021 financial results on Tuesday, February 1, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Invest in Alphabet Inc. (#GOOG) Stock with IronFX
Meta Platforms Inc. (#FB) 2nd of February
Meta Platforms Inc. previously known as Facebook (#FB), will be releasing its earnings report on the 2nd of February.
On a year to date basis, (#FB) is currently down by -10.30% while its 52 week price range is between $253.50 and $384.33.
According to Eikon Refinitiv forecasts, the EPS smart estimate currently stands at 3.98 for Q4 2021 and 14.04 for full year 2021.
The estimate for revenue stands at 33.57B for Q4 2021 and 117.89B for full year 2021.
If the actual releases are higher than expected we could see (#FB) share price gaining interest.
A happening that separates this earnings release event from the previous ones and makes it special for investors and traders, is that Meta will report revenue and income (loss) from operations per segment.
Segments are currently divided into two, Family of Apps (FoA) and Reality Labs (RL). This will allow investors to take a closer look of the performance of the two important segments driving the company.
Information derived from the new reporting can make it clearer for investors to understand if Zuckerberg’s plans for the Metaverse are effective in terms of money allocation etc.
Invest in Meta Platforms Inc. (#FB) Stock with IronFX
Amazon.com, Inc. (#AMZN) 3rd of February
The world’s most popular online retail business (#AMZN) will be releasing its earnings report on the 3rd of February.
On a year to date basis, (#AMZN) is currently down by -13.64% while its 52 week price range is between $2707.04 and $3773.08.
According to Eikon Refinitiv forecasts, the EPS smart estimate currently stands at 3.95 for Q4 2021 and 41.09 for full year 2021.
The same metric estimates that revenue figures could stand at 137.62B for Q4 2021 and 470.31B for full year 2021.
If the actual releases are higher than expected we could see (#AMZN) share price receiving some buying interest.
However, it will be interesting to see if Amazon’s profit is lower compared to the previous figure while analysts expect the retailer to detail some challenges it has been facing like escalating costs among supply chain bottlenecks, new logistics investments and COVID-related spending.
Invest in Amazon.com, Inc. (#AMZN) Stock with IronFX
Ford Motor Company (#F) 3rd of February
Ford Motor Company (#F) will be releasing its earnings report on the 3rd of February.
On a year to date basis, (#F) is currently down by -5.92% while its 52 week price range is between $10.36 and $25.87.
According to Eikon Refinitiv forecasts, the EPS smart estimate currently stands at 0.47 for Q4 2021 and 1.95 for full year 2021.
The same metric estimates revenue figures could be at 35.47B for Q4 2021 and 126.11B for full year 2021. If the actual releases are higher than expected we could see (#F) share price receiving some buying interest.
Recently, Ford had committed to double production capacity of the all-electric F-150 Lightning™ pickup.
Ford already knows that if it doesn’t make a move now towards electric vehicles it could be in a very difficult position in the future as one of its main competitors Tesla (#TSLA), is already delivering solid results according to its earnings releases last week.
