It is a new quarter and this only means an opportunity for the stock traders. I am impatiently following the US Quarterly Earning Reports Release Dates as I am expecting major volatility in the market.
11 April, AtoZForex – April for me is generally major volatility month as it gives the investors the opportunity to evaluate the state of the economy for the first time for that year. This August is specifically of high importance as it is going to be the first US quarterly earning announcements since Donald Trump became the US president.
There is no one fixed date for the US Quarterly Earning Reports Release Dates, however most of the time these dates are pre-announced by companies. Beginning the middle of April is what we will be following. With major corporate results being announced for most of the largest publicly-traded companies on exchanges.
Why should you watch the US Quarterly Earning Reports?
Corporate results are typically viewed as an indication of the performance of the broader state of the US economy. Meanwhile, investors seek to gauge the pace of the Federal Reserve’s rate hike schedule this year.
Though often you are required to have a larger funds to be able to trade the US stocks, you can also trade stock CFDs. Most of the AtoZ Approved brokers including ADS Securities, Trade.com, HYCM and others provide wide range of stock indices. Traders are therefor able to speculatively participate in the US earnings season with smaller account sizes via these CFDs. The below table is a list of some of the major companies reporting over this period:
|JPMORGAN||JPMorgan Chase & Co||13th April, 2017|
|CITI||Citigroup Inc||13th April, 2017|
|NETFLIX||Netflix Inc||17th April, 2017|
|BNK-AMER||Bank of America Corp||18th April, 2017|
|GOLDMANS||Goldman Sachs Group Inc||18th April, 2017|
|YAHOO||Yahoo! Inc||18th April, 2017|
|EBAY||eBay Inc||19th April, 2017|
|COCA-COLA||Coca-Cola Co||25th April, 2017|
|Twitter Inc||26th April, 2017|
|ALPHABET-A||Alphabet Inc Class A||27th April, 2017|
|ALPHABET-C||Alphabet Inc Class C||27th April, 2017|
|AMAZON||Amazon.com Inc||27th April, 2017|
|MICROSOFT||Microsoft Corp||27th April, 2017|
|INTEL||Intel Corp||28th April, 2017|
|GM||General Motors Co||28th April, 2017|
|APPLE||Apple Inc||2nd May, 2017|
|Facebook Inc||3rd May, 2017|
|TESLA||Tesla Motors Inc||10th May, 2017|
|ALIBABA||Alibaba Group Holding Ltd||11th May, 2017|
|SNAP||Snap Inc||15th May, 2017|
|CISCO||Cisco Systems Inc||17th May, 2017|
* This is not an exhaustive list of companies that are reporting over this period.
** Please note that the above dates are subject to change.
SNAP Quarterly Earnings Report expectation
Investors are cautiously watching the Snapchat quarterly earnings report as Morgan Stanley had a earnings mistake on Snapchat valuation.
Morgan Stanley published an equity research note on Snap putting a $US28 price target on the stock however, the note was later changed/updated. As the total difference is over $5bln a year. The SNAP quarterly earnings report could bring the much expected volatility in the market.
Negative Tesla Quarterly Earnings Report expectation
Although Tesla just became the most valuable carmaker in the US, finances are not positive for the Tesla quarterly earnings report expectations. Wall Street analysts expect Tesla Inc (NASDAQ:TSLA) to post ($0.67) earnings per share for the current fiscal quarter. That is a loss of $0.67 per share.