by Ian Harvey
February 16, 2020
These are the earnings predictions results for UAA, CVS, CSCO, BABA, NVDA
for the past week.
“Earnings Predictions” members made potential
profits of 558%.
EARNINGS PREDICTIONS RESULTS FOR WEEK BEGINNING FEBRUARY 10, 2020
|DATE||TRADE||EXITING BEFORE EARNINGS||GAIN/LOSS AFTER EARNINGS|
|February 11, 2020||UAA FEB 21 2020 20.000 PUT||N/A||199% P.P.|
|February 12, 2020||CVS FEB 21 2020 72.000 CALL||70% P.P.||9% P.P.|
|February 12, 2020||CSCO FEB 21 2020 50.000 CALL||167% P.P.||-64%|
|February 11, 2020||BABA FEB 21 2020 220.000 CALL||128% P.P.||13% P.P.|
|February 11, 2020||NVDA FEB 21 2020 255.000 CALL||181% P.P.||401% P.P.|
An interesting week for our “Earnings Prediction Members” particularly trying to decide as to when exit the options trades – before or after the trade?
When To Exit A Trade Based On Earnings?.....
It is also worth considering, when options trading earnings reports – “Do we exit on already existing profits or leave the companies to report their earnings and hope for bigger profit?”
As most traders realize, there is a 50/50 chance that the company stock price could go either way after reporting earnings – even if the report is good, the stock price could reverse – and if you hold a call option, means depletion of an already good profit if it exists. A similar situation can be found if you hold a put option, and a report is not that sound (and you expect a profit from this) but the stock price can, at times move upwards due to traders bias or other external conditions......READ MORE.....
A year ago UAA introduced an ambitious five-year turnaround plan, but is still facing significant headwinds.
Wall Street has continued to show a lack in confidence over the brand’s ability to weather persistent challenges in North America and some analysts expressed concerns over its announcement yesterday that it might need to restructure this year — a plan that would cost the company hundreds of millions of dollars.
“To thoroughly execute a strategic, operational and cultural transformation of this magnitude takes time,” president and CEO Patrik Frisk said in the company’s fourth-quarter earnings call. “And, quite simply, the realization of milestones and progress within certain areas of our business is taking longer than we anticipated.”
Shares for Under Armour Inc. were down by double-digit percentages in premarket trading after the sportswear giant posted disappointing fourth-quarter sales and noted a negative impact to its outlook as a result of the deadly coronavirus outbreak.
As of 8:45 a.m. ET on Tuesday, the firm’s stock was down more than 14% to $15.57.
By the close of trading, UAA was down 18.88% to sit at $16.59; and after the market closed this downward trend continued to finish the session down 19.22% at $16.52......
.....READ MORE from the article.....”Under Armour Continues To Sink After Earnings!”
Earnings Predictions Results for.....
CVS Health Corp reported a higher-than-expected fourth-quarter profit on Wednesday as its stores sold more medicines and the pharmacy benefit management business benefited from higher U.S. prescription drug prices.
The company, which acquired health insurer Aetna for $69 billion in 2018, is not planning further major deals until it has completed the Aetna integration and reduced the debt load it took on, Chief Executive Larry Merlo told Reuters in an interview.
Aetna revenue nearly tripled in the quarter from a year ago to $17.15 billion.
CVS’s fourth-quarter 2019 adjusted earnings per share (EPS) of $1.73 dropped 19.2% year over year but exceeded the Consensus Estimate by 2.9%. The quarter’s adjusted EPS considered certain transaction and integration costs pertaining to the buyout of Aetna and asset amortization costs along with other adjustments.
On a reported basis, the company’s earnings of $1.33 per share came in against the year-ago loss of 37 cents.
Full-year adjusted EPS of $7.08 was unchanged from the year-ago period but topped the Consensus Estimate by 0.7%.
Total revenues in the fourth quarter rose 22.9% year over year (excluding the impact of certain items that neither relate to the ordinary course of CVS Health’s business nor reflect the company’s underlying business performance, adjusted revenues increased 23.1% year over year) to $66.89 billion. The top line also beat the Consensus Estimate by 4.2%.
CVS plans to offer less expensive expanded health services such as blood pressure screening and diabetes monitoring in 1,500 stores by 2021. Executives said they could eventually expand the format dubbed HealthHubs to all of its stores.
YOU NEED TO BE IN TO PROFIT!
Earnings Predictions Results for.....
After the closing bell on Feb 12, tech prime Cisco Systems
CSCO reported second-quarter fiscal 2020 results. It dampened investors’
sentiments by offering bleak guidance on lower consumer spending. However, the
networking giant beat on both earnings and revenues.
Shares were off 6% in morning trading Thursday, a day after
closing at a five-month high, although Cisco had backing from some analysts.
Earnings of 71 cents per share outpaced the Consensus Estimate by 3 cents and improved 5% from the year-ago earnings. Revenues declined 4% year over year to $12.01 billion and edged past the consensus mark of $11.98 billion.
“In our view, there’s nothing wrong here,” wrote Jefferies analyst George Notter. Though Cisco’s business is getting caught up with “negative macro influences,” he believes the company will start facing easier comparisons in the coming quarters, helping drive a return to “GDP-plus normalized growth.”
The company blamed lower customer spending due to several reasons, including macro-economic weakness, for sluggish results and third-quarter outlook.
Cisco expects revenues to decline 1.5-3.5% from the year-ago level, and earnings per share in the range of 79-81 cents for third-quarter fiscal 2020.
Shares of Alibaba Group Holding Ltd. fell Thursday, after the company posted better-than-expected results for its fiscal third quarter but discussed how the recent coronavirus outbreak in China was having a “negative impact” on the company’s commerce business in the current period as packages aren’t getting delivered on time.
But, the China e-commerce giant also says coronavirus outbreak, the so-called Black Swan event, is helping to accelerate digital transformation with more online grocery orders and work-from-home experiences.
BABA reported third-quarter fiscal 2020 (ended Dec 31, 2019)
earnings of $2.61 per ADS, surpassing the Consensus Estimate by 16%. Also, the
bottom line increased 49% year over year.
It reported revenues of RMB161.5 billion (US$23.19 billion),
up 38% from the prior-year quarter. The year-over-year revenue increase was
driven by strength in the company’s China commerce retail business and cloud
Also, revenues surpassed the Consensus Estimate of US$22.68
However, management disclosed that the overall revenue growth rate is expected to be negatively impacted in the following quarter.
Join us today and see what future trades will be recommended!
Earnings Predictions Results for.....
NVDA Corp. saw a huge turnaround at the end of a rough year, powered in large part by a surge in sales of its graphics processors into the data-center market.
NVIDIA’s reported revenue of $3.10 billion, with sales jumping 41%, and
earnings gaining 136% at $1.54, were better than the Consensus Estimates of
$2.96 billion and $1.34, respectively. Nvidia earnings and sales had declined
for four straight quarters.
Results were driven by a strong data center business as hyperscalers that had curtailed spending through the year, stepped up purchases in the fourth quarter. There were also some vertical-specific GPU deployments for AI/deep learning workloads. NVIDIA expects this business to grow sequentially in the current quarter, indicating that increased data center spending is not a one-off thing.
On Thursday evening’s conference call, Nvidia Chief Executive Jensen Huang said “the primary driver for growth is AI” when it comes to data-center sales......
.....READ MORE from the article.....”NVIDIA Stock Continues To Scream Higher!”
What Now after Earnings Predictions.....?
Also, 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 Results?
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!