You’re Receiving This Because You're a Valued Stocks Telegraph Subscriber
This newsletter, The Earnings Edge, is your new go-to for fast, sharp insights on who’s crushing it this earnings season—and who’s flopping. But if this isn’t your thing, no worries. Just click the unsubscribe link at the bottom and you’ll be removed from this new series (you’ll still get your regular updates from us).
Earnings season isn’t just a report card—it’s a lesson in real-time market dynamics. Which companies are outperforming, and what does it mean for their future growth? In today’s newsletter, we highlight the biggest winners and the unfortunate misses. But there’s more to earnings than just beats and misses—it’s about understanding how companies navigate challenges and how they adapt to changing market conditions. So, whether you’re celebrating a win or learning from a loss, we’ve got all the details to help guide your next move.
Major Earnings Before Opening Bell
Here are some key companies releasing earnings before the market opens on Friday.
UP Fintech Holding Limited (TIGR)
EPS Estimate: $0.11, representing a 22.21% increase from last year.
Revenue Forecast: $111.6M vs $78.59M reported a year ago.
Earnings Reaction History: In its last 6 reports, 4 of the next-day sessions were higher, including a 6.40% pop in June 2024. Regardless of direction, the stock averaged a post-earnings swing of 0.50%.
Shoe Carnival, Inc. (SCVL)
EPS Estimate: $0.30, down -53.15% compared to last year.
Revenue Forecast: $280.70M, up from $300.37M a year earlier.
Earnings Reaction History: In the last 6 reports, SCVL stock jumped 5 times, with a notable 7.55% rise in November 2023. On average, earnings swings were around 2.69%.
Canopy Growth Corporation (CGC)
EPS Estimate: -$0.20, showing a 185% year-over-year increase.
Revenue Forecast: $70.57M, down compared to last year’s $83.15M.
Earnings Reaction History: Of the past 6 earnings releases, CGC dropped in all of them, with a highest fall of -7.90% in August 2023. Post-earnings volatility averaged -3.24%.
Discover... Our #1 AI stock to buy now (I'd be willing to bet 99% of investors have never heard of it) ...A consumer staples giant that's posting double- digit growth...A high-yielding tech stock trading at a cheap 12X earnings...An off-the-radar tech stock about to revolutionize the "electrification" industry. And much more!
Get your copy now FREE!
Sponsored
Upcoming Earnings Reports
Below is a list of notable companies reporting earnings next week.
Ticker | EPS Forecast | Revenue Forecast | ST Score |
GME | $0.04 | $ 754.23M | 58.0 |
DG | $1.49 | $ 10.29B | 54.0 |
AVGO | $1.57 | $ 14.97B | 52.0 |
WDS | $0.56 | $6.43B | 54.0 |
Thursday's Top Beats
Here are the top earnings beats from recent reports:
BRP Inc (DOOO)
EPS: $0.34, reflecting a positive earnings surprise of 43.04%.
Revenue: $1.34B, beating estimates by 8.05%.
Market Reaction: DOOO stock price rose by 12.89% following the report.
Build A Bear Workshop Inc (BBW)
EPS: $1.17, exceeding expectations by 36.22%.
Revenue: $128.40M, surpassing estimates by 7.81%.
Market Reaction: BBW stock price increased by 21.62% after the announcement.
Hormel Foods Corp (HRL)
EPS: $0.35, beating estimates by 2.43%.
Revenue: $2.90B, Failing expectations by -0.16%.
Market Reaction: HRL shares rose by 1.13% following the earnings report.
Discover if a stock is overvalued or a hidden gem. This free report includes expert insights on safety, timing, and value-plus a straightforward Buy, Sell, or Hold recommendation. Make informed decisions with confidence backed by data.
See If It's Time to Buy or Sell-Free Stock Report Available
Sponsored
Thursday's Top Miss
While some companies exceeded expectations, others fell short. Here’s a look at Thursday’s top earnings miss:
Alarum Technologies Ltd ADR (ALAR)
EPS: $0.01, underperforming estimates by -75.0%.
Revenue: $7.13M, coming in -2.48% below analyst projections.
Market Reaction: ALAR shares dipped -11.90% following the earnings release.
Caleres Inc (CAL)
EPS: $0.22, missing analyst estimates by -39.49%.
Revenue: $614.22M, slightly under the target by -1.26%.
Market Reaction: Post earnings, CAL stock dropped -18.32%.
Movado Group, Inc. (MOV)
EPS: $0.51, missing estimates by -31.44%.
Revenue: $181.48M, falling short of expectations by -0.09%.
Market Reaction: MOV stock price dropped by -6.95% post earnings release.
What’s Next on Your Earnings Radar?
Today's reports may have reshuffled your watchlist, but tomorrow brings a whole new round of earnings updates. Use what you've learned today to fine-tune your strategy and prepare for what's next. Keep your radar up—there are always more market movers on the horizon!
Till next time,
Stocks Telegraph Team
📢 What do you think of our new 'Earnings Edge' newsletter?
💬 Got suggestions or feedback? We’d love to hear from you! Just hit reply to this email and share your thoughts.
📢 Enjoying this newsletter? Share it with your friends and invite them to subscribe using your referral link – let’s grow smarter together!
🛑 Don’t want to receive this newsletter? Simply click the unsubscribe button below to opt out anytime—no hard feelings!
Disclaimer: Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails.
