Quarterly results of companies in the week of 13.2. - 17.2.: Palantir, Coca-Cola, Airbnb and others
As you may already know, I regularly post analysis on Twitter of the results of interesting companies reporting their latest quarterly numbers. So I've decided that from now on, I'll also provide you with a full review of these companies every Sunday, and we'll also take a look at analysts' predictions.
Earnings season from 13.02. - 17.02.
Personally, I'm most looking forward to the results of the following companies: Palantir $PLTR, Coca Cola $KO, Airbnb $ABNB, Shopify $SHOP, Datadog $DDOG, John Deere $DE and Devon Energy $DVN.
Let's take a look at what analysts are expecting 👇
Palantir $PLTR
Q4 Expectations
The revenue estimate (as per Zacks Consensus) is set at $506 million, implying 16.9% year-over-year growth. The top line is expected to benefit from strength in both the government and commercial segments. Both segments are likely to benefit from increased contributions from existing and new customers.
Consensus earnings guidance is set at 3 cents per share, suggesting year-over-year growth of 50%. Cloud efficiency and deployment and the elimination of discretionary spending likely positively impacted earnings in the quarter.
Coca Cola $KO
The global beverage maker is expected to post quarterly earnings of $0.45 per share in its upcoming report , which represents no change from the previous quarter. Revenue is expected to be $9.98 billion, up 5.4% from the previous quarter.
Airbnb $ABNB
A very interesting Zacks estimate is just for ABNB, where the company is expected to post quarterly earnings of $0.27 per share in its upcoming report , representing a year-over-year change of +237.5%.
Revenue is expected to be $1.86 billion, up 21.6% from the previous quarter.
Shopify $SHOP
The market expects Shopify to report a year-over-year decline in earnings on higher revenue when it reports results for the quarter ending December 2022.
The cloud commerce company is expected to post break-even quarterly earnings per share in its upcoming report , representing a year-over-year change of -100%. Revenue is expected to be $1.64 billion, up 18.9% from the previous quarter.
John Deere $DE
The Zacks Consensus Estimate for Deere's earnings per share is set at $7.09 for the fiscal fourth quarter, suggesting a year-over-year growth of 72%. The Zacks Consensus Estimate for total revenue is set at $13.5 billion, implying a year-over-year increase of 31.2%.
Devon Energy $DVN
This oil and gas exploration company is expected to post quarterly earnings of $1.77 per share in its upcoming report , representing a year-over-year change of +27.3%. Revenue is expected to be $4.65 billion, up 8.8% from the previous quarter.
