Three Big Names To Keep An Eye On
Information Technology - Semiconductors | Reports July 27th, AMC.
The Estimize consensus calls for EPS of $.69, one cent higher than the Wall Street consensus and an increase of 15% YoY. Currently, the Estimize community is looking for sales of $14.46B, which is roughly inline with the Street ($14.41B). Check out the Estimize website to see our prediction for Gross Margins.
The last four quarters Intel posted higher than expected EPS, however this quarter may prove to be different. Investors will be all ears to see how Intel gauges and looks to respond to the competitive landscape, specifically AMD which put up impressive top and bottom-line beats yesterday. Intel prides themselves on their chip manufacturing segment and their ability to push out new technology. However, their new 10-nanometer technology has been lacking of late. Initially the 10nm technology was slated to release in 2015, but now the release date seems to be end of 2017 or beginning of 2018.
Information Technology - Software | Reports July 27th, AMC.
The Estimize consensus calls for EPS of $.32, four cents higher than the Wall Street consensus, and an astounding increase of 300% YoY. Currently, the Estimize community is looking at revenue of $778.2M, which is slightly more optimistic than the Street ($765.86M). Check out the Estimize website to see our prediction for Digital Net Sales.
The videogame maker reports Q1 earnings tomorrow, and investors are not expecting much due to the lack of popularity behind their new game, Andromeda. Other than Mass Effect: Andromeda their were no other major games released. When Mass Effect was being released EA expected 3 million copies to be sold however only about 1 million were sold. However, in the UK it held the top spot for several weeks and sits at the 7th best selling game in 2017. All of these facts may not seem terrible, however EA and investors expected more. Overall, EA always has older games which still are producing revenue to fall back on.
Telecommunication Services - Diversified Telecommunications | Reports July 27th, BMO.
The Estimize consensus calls for EPS of $.96, which is on the dot for what Wall Street is predicting and an increase of 2% YoY. Currently, the Estimize community is looking for sales of $29.9B which is roughly in line with the street.
The telecommunications market has been heating up as competitors look to take market share away from Verizon. Verizon recently introduced the unlimited data plan which according to FactSet will add 86,100 subscribers this quarter, however this is after they lost 300,000 in Q1. Investors will be interested to see Q2 subscriber numbers and how they are looking to diversify their revenue stream since wireless accounts for about 70%. Verizon recently bought Yahoo and their were short lived rumors of Disney being next. Verizon currently sits at $44.30 a share with a price target of $49.20.
Disclosure: There can be no assurance that the information we considered is accurate or complete, nor can there be any assurance that our assumptions are correct.
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