by Ian Harvey
March 01, 2020
These are the earnings predictions results for M, CRM, SQ, BYND, FL
for the past week.
“Earnings Predictions” members made potential
profits of 667%.
EARNINGS PREDICTIONS RESULTS FOR WEEK BEGINNING FEBRUARY 10, 2020
|DATE||TRADE||EXITING BEFORE EARNINGS||GAIN/LOSS AFTER EARNINGS|
|February 25, 2020||M MAR 20 2020 16.000 PUT||54% P.P.||286% P.P.|
|February 25, 2020||CRM MAR 20 2020 200.000 CALL||251% P.P.||-5% P.P.|
|February 26, 2020||SQ MAR 20 2020 85.000 CALL||97% P.P.||207% P.P.|
|February 27, 2020||BYND MAR 20 2020 125.000 CALL||76% P.P.||-83%|
|February 28, 2020||FL MAR 20 2020 37.500 PUT||215% P.P.||262% P.P.|
week for our “Earnings Prediction Members” particularly trying to decide as to
when exit the options trades – before or after the trade?
finished their worst week since the 2008 financial crisis, due to anxiety over
the economic impact from the coronavirus epidemic.
For the week, the Dow plunged more than 12%, the S&P 500 lost 11.5%, and the Nasdaq shed 10.5%, with all three indexes more than 10% below their recent record highs and lodged firmly in correction territory.
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.....
Department-store chain Macy's reported better-than-expected fourth-quarter earnings on Tuesday but guided low on earnings.
Wall Street expected Macy's earnings to fall 29% to $1.95 per share, but came in at $2.12 a share.
Revenue was expected to slip 2% to $8.32 billion, but was down 1.4% to $8.34 billion.
The company this month said it expected same-store sales to fall 0.6%, but only retreated 0.5%.
Macy's sees current-year EPS of $2.20-$2.40, with revenue of $23.6 billion to $23.9 billion. Analysts have forecast Macy's earnings of $2.45 a share on sales of $23.79 billion.
The struggling retailer's results arrive just a few weeks after it said it would close 125 stores over the next three years and slash staff.
Shares fell 5.5% to $14.60 on the stock market Tuesday.
Earnings Predictions Results for.....
Inc. delivered better-than-expected results for fourth-quarter fiscal 2020. The
company’s fiscal fourth-quarter non-GAAP earnings of 66 cents per share beat
the Consensus Estimate by 20%. However, quarterly earnings declined 6% from the
year-ago quarter’s level of 70 cents, as benefits of higher revenues were more
than offset by elevated operating expenses.
Salesforce’s fiscal fourth-quarter revenues of $4.85 billion jumped 35% year over year, surpassing the Consensus Estimate of $4.75 billion. As well, the top-line figure improved 34% in constant currency. The company also noted that the acquisition Tableau in August 2019 contributed $344 million to its quarterly revenues. Excluding the sales of acquired businesses, total revenues were up 22% year over year.
The enterprise cloud computing solutions provider has been benefiting from a robust demand environment as customers are undergoing a major digital transformation. The rapid adoption of its cloud-based solutions led to the better-than-expected performance during the fiscal fourth quarter.
But, despite better-than-expected quarterly results and an upbeat fiscal 2021 outlook, shares of Salesforce fell 2.5% on the day during the extended trading session. The stock plunged after the company announced the surprise exit of co-CEO Keith Block. Block joined Salesforce in 2013 and was elevated to the co-CEO post in August 2018.
YOU NEED TO BE IN TO PROFIT!
Earnings Predictions Results for.....
Square Inc. issued an upbeat March-quarter forecast Wednesday while also providing new details about its popular Cash App; with about 24 million monthly active customers in December, up 60% on a year-over-year basis
Shares were up more than 7% in aftermarket trading Wednesday after the payments company also posted better-than-expected results for the fourth quarter.
Square posted net income of $390.9 million, or 83 cents a share, compared to a year prior when the company recorded a net loss of $28.2 million, or 7 cents a share. After share-based compensation and non-recurring expenses, earnings per share increased to 23 cents from 14 cents a year prior, and came in above consensus, which called for 21 cents.
Revenue rose to $1.31 billion from $933 million, while analysts were expecting $1.19 billion.
Also, on Monday, February 24, 2020, we suggested that this was a good time to buy Square call options.
Plant-based food maker Beyond Meat reported fourth-quarter earnings on Thursday reported that
missed expectations, even as sales got a massive boost from more big restaurant
customers and grocery stores. Beyond Meat stock tumbled after-hours.
Beyond Meat lost a penny per share during the quarter, just shy of expectations for a break-even bottom line. Net sales jumped 212% to $98.5 million. That was better than expectations for $81.68 million.
Sales for Beyond Meat's retail business jumped 198.7%. Its restaurant and food-service division's revenue climbed 223%.
Beyond forecast full-year net sales of $490 million to $510 million. Analysts expected $475.14 million. The meat-alternative maker said it expected gross margin in the range of 33% to 35%.
Costs related to marketing, extra stock-based compensation, and other investments weighed on the bottom line. And the sales gains weren't without growing pains.
Beyond Meat noted "temporary disruptions" related to production capacity expansion at two co-manufacturing partners' facilities. Those disruptions cut into improvements to the company's gross margins, which fell from the third quarter.
Join us today and see what future trades will be recommended!
Earnings Predictions Results for.....
Foot Locker posted stronger-than-expected fourth quarter earnings Friday but weak holiday demand and tough competition in sports clothing markets held back same-store sales growth.
FL beat the analyst consensus estimate of $1.60 by 1.87% at $1.63. This is a 4.49% increase over earnings of $1.56 per share from the same period last year.
The company reported quarterly sales of $2.221 billion, which missed the analyst consensus estimate of $2.25 billion by 1.29%. This is a 2.24% decrease over sales of $2.272 billion the same period last year.
Foot Locker Inc reported fourth-quarter comparable-store sales decreased 1.6%......
.....READ MORE from the article.....”Foot Locker Inc Crashes But Ends On A Strong Note!”
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!