by Ian Harvey
November 23, 2019
These are the results for earnings predictions for selected
companies last week.
“Earnings Predictions” members made potential
profits of 868%.
For the more cautious trader, by exiting before
the earnings report, a potential profit of 332%.
EARNINGS PREDICTIONS RESULTS FOR WEEK BEGINNING NOVEMBER 18, 2019
|DATE||TRADE||EXITING BEFORE EARNINGS||GAIN/LOSS AFTER EARNINGS|
|November 19, 2019||TJX DEC 20 2019 60.000 CALL||12% P.P.||88% P.P.|
|November 20, 2019||TGT DEC 20 2019 115.000 CALL||32% P.P.||324% P.P.|
|November 21, 2019||M DEC 20 2019 17.000 PUT||155% P.P.||182% P.P.|
|November 21, 2019||SPLK DEC 20 2019 120.000 CALL||96% P.P.||275% P.P.|
|November 21, 2019||NVDA DEC 20 2019 215.000 CALL||37% P.P.||-1%|
TJX Companies reported earnings on Tuesday, November 19, and shares traded higher after the company reported better-than-expected third-quarter EPS and sales results. The company also issued fiscal year 2020 EPS above analyst estimates.
Target Corporation reported earnings on Wednesday, November 20, and shares traded higher after the company easily beat third-quarter earnings views and raised full-year targets once again. Target stock leapt to a record high, with its third straight post-earnings gap higher.
Read more from the article “Target Corporation Shares Surge After Earnings Beat!”
YOU NEED TO BE IN TO PROFIT!
Macys reported earnings on Wednesday, November 21 with a positive earnings surprise in the third quarter; but net sales fell short for the fourth quarter in a row and comparable sales slid after seven straight quarters of growth.
Read more from the article “Macys Posted Stronger-Than-Expected Third Quarter Earnings BUT Declines On Outlook And Data Breach!”
third-quarter results Thursday, November 21 that beat on the top and bottom
line, as did its outlook. The data-software company reported adjusted earnings
of 58 cents a share on revenue of $626.3 million. That compared with estimates
of 54 cents and $603.7 million. Free cash flow in the quarter was negative $162
million. Analysts on average had been expecting negative cash flow of $131.6
Read more from the article “Splunk Q3 Earnings and Revenues Beat Estimates!”
Join us today and see what future trades will be recommended!
Off-price retailer Ross Stores reported better-than-expected earnings and reiterated Q4 guidance late Thursday. Ross Stores stock rose a modest 2% in late trade.
But, after trading commenced today, ROST fell about 2%, based on the earnings conference call. Ross Stores said fourth-quarter sales would slow. The company sees 1% to 2% growth from a year earlier, compared with 4% growth in last year’s holiday quarter.
Read more from the article “Ross Stores Q3 Earnings Top Estimates!”
What Now after Earnings Predictions.....?
As well, read the article “Exiting Options Trades BEFORE or AFTER Earnings Reports Comparison!”
What will “Stock Options Made Easy” advise members to do?
What companies will be featured in next week's Earnings Predictions?
AS ALWAYS THE DECISION IS YOURS!
An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!