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The luxury sports car maker Ferrari is expected to report earnings of $1.26 per share for the second quarter, representing a 3,050% increase over $0.04 per share a year earlier.

The company, known for its prancing horse logo, would post revenue growth of over 107% to around $1.3 billion. According to ZACKS Research, the company has beaten earnings per share (EPS) estimates in three of the last four quarters.

“Growth potential and strong execution. Global shipments of >11k units in 2021, growing at a 9.1% CAGR to 2030 ending at ~22k shipments. Adj. EBITDA margins rise to 35% in 2021 on improved mix and pricing after launching 5 new models in 2020 and 2 in 2021,” noted Adam Jonas, equity analyst at Morgan Stanley.

Ferrari trades at a justified premium to luxury brands, in line with luxury leader, Hermes, albeit with more opportunity to grow organically via: new customers, new segments and geographically in China & Asia-Pac, as well as exhibiting a unique moat with a world-renowned brand and a 12+ month customer order book.”

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 2

Ticker Company EPS Forecast
HSBA HSBC Holdings £0.13
HSBC HSBC $0.86
ON ON Semiconductor $0.49
GPN Global Payments $1.90
L Loews $0.83
CNA CNA Financial $1.12
TKR Timken $1.44
SPG Simon Property Group $1.12
SBAC SBA Communications $0.66
PXD Pioneer Natural Resources $2.56
WMB Williams Companies $0.28
AWK American Water Works $1.08
ANET Arista Networks $2.55
O Realty Ome $0.38
TTWO Take Two Interactive Software $0.90
NXPI NXP Semiconductors $2.31
ITUB Itau Unibanco $0.12
EMN Eastman Chemical $2.35
FANG Diamondback Energy $2.23
CLR Continental Resources $0.55
BRKR Bruker $0.38
TREX Trex $0.53
MOS Mosaic $1.00
OHI Omega Healthcare Investors $0.44
VNO Vornado Realty $0.14
VRNS Varonis Systems -$0.03
COLM Columbia Sportswear -$0.07
LEG Leggett & Platt $0.54
NSP Insperity $0.66
AWR American States Water $0.71
KMT Kennametal $0.40
RMBS Rambus $0.31
UCTT Ultra Clean $0.97
OTTR Otter Tail $0.54
ACHC Acadia Healthcare $0.63
BRX Brixmor Property $0.14
OGS One Gas $0.52
WWD Woodward $0.97
RIG Transocean -$0.16
RACE Ferrari $1.26
BCC Boise Cascade $4.75
RARE Ultragenyx Pharmaceutical -$1.31
SANM Sanmina $0.91
TGTX TG Therapeutics -$0.55
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Tuesday (August 3)

IN THE SPOTLIGHT: ALIBABA

China’s Alibaba Group Holding, the largest online and mobile e-commerce company in the world, is expected to report its fiscal first-quarter earnings of 1.86 yuan per share, up from 1.85 yuan per share seen in the same period a year ago.

China’s biggest online commerce company’s revenue to surge more than 35% to 209.928 billion yuan. The company has beaten earnings per share (EPS) estimates in three of the last four quarters.

“All-in investments in domestic consumption, globalization and technology are likely to weigh on profitability but pave the way to reach long-term target of 2bn global AAC. Alibaba hopes to achieve growth in the user base, enhanced engagement as well as the provision of more value to merchants,” noted Gary Yu, equity analyst at Morgan Stanley.

“In cloud, Alibaba will continue to drive market share leadership and will focus on providing more AI-driven industry solutions and improving Data-as-a-Service (DaaS). We see limited near-term catalysts but F22e P/E valuation remains attractive. We also see further downside support from additional disclosure to separate losses from new investments from profitable core e-commerce businesses.”

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 3

Ticker Company EPS Forecast
EXPD Expeditors International Of Washington $1.62
LPX Louisiana Pacific $4.30
AKAM Akamai $1.38
YMZBY Yamazaki Baking ADR $1.06
SABR Sabre -$0.52
PSX Phillips 66 $0.64
PSXP Phillips 66 Partners $0.88
PACB Pacific Biosciences Of California -$0.21
CMI Cummins $4.07
MITSY Mitsui & Company $13.06
ATI Allegheny Technologies -$0.19
CLX Clorox $1.32
IGT International Game Technology $0.23
LSCC Lattice Semiconductor $0.22
LDOS Leidos $1.58
IX Orix $2.25
PSA Public Storage $1.92
ETRN Equitrans Midstream Corp $0.15
AMGN Amgen $4.09
ZBRA Zebra Technologies $4.12
LHX L3Harris Technologies Inc $3.18
LLY Eli Lilly $1.89
NNN National Retail Properties $0.39
BP BP $0.58
ZBH ZIMMER BIOMET HDG. $1.86
WAT Waters $2.27
UAA Under Armour Inc $0.06
XYL Xylem $0.63
UA Under Armour C share $0.06
DISCB Discovery Communications Discb $0.82
DISCK Discovery Communications Disck $0.82
DISCA Discovery Communications $0.82
MAR Marriott International $0.47
INGR Ingredion $1.59
WEC Wisconsin Energy $0.79
INCY YTE $0.58
SEE Sealed Air $0.78
ROCK Gibraltar Industries $0.87
PEG Public Service $0.71
SWI Solarwinds $0.11
RL Ralph Lauren $0.88
NE Noble Corporation -$0.31
MKL Markel $15.50
MYGN Myriad Genetics -$0.09
EC Ecopetrol $1,851.52
KAI Kadant $1.53
BEN Franklin Resources $0.78
EDU New Oriental Education Tech $0.02
HSIC Henry Schein $0.97
IT Gartner $1.73
PCRX Pacira $0.69
ETN Eaton $1.57
KKR KKR & Co LP $0.87
WLTW Willis $1.97
AY Atlantica Yield $0.40
IPGP IPG Photonics $1.40
FIS Fidelity National Information Services $1.55
COP ConocoPhillips $1.08
BABA Alibaba $14.37
RHP Ryman Hospitality Properties -$1.62
CWH Camping World Holdings $2.38
AME Ametek $1.10
DD DuPont $0.95
SUN Sunoco $0.95
J Jacobs Engineering Group Inc $1.53
ALNY Alnylam Pharmaceuticals -$1.60
WLK Westlake Chemical $3.49
LGIH LGI Homes $3.92
OMI Owens Minor $0.97
DNB Dun & Bradstreet $0.24
HEP Holly Energy Partners $0.48
JAZZ Jazz Pharmaceuticals $3.52
NBIX Neurocrine Biosciences $0.51
RDN Radian $0.70
RPAI Retail Properties Of America -$0.01
H Hyatt Hotels -$0.85
NCR NCR $0.62
OXY Occidental Petroleum -$0.01
FICO Fair Isaac $2.81
OKE ONEOK $0.74
MANT ManTech International $0.87
SATS EchoStar $0.07
LYV Live Nation Entertainment -$1.15
LYFT Lyft Inc -$0.24
KAR Kar Auction Services $0.19
PAYC Paycom Software $0.84
MTCH Match Group $0.54
TX Ternium $3.48
QTS QTS Realty $0.03
MCHP Microchip Technology $1.91
PSB PS Business Parks $0.84
SRC Spirit Realty Capital New $0.26
MRCY Mercury Systems $0.67
HPP Hudson Pacific Properties -$0.01
CZR Caesars Entertainment -$0.12
ENLC EnLink Midstream $0.01
DVA DaVita Healthcare Partners $2.17
GDOT Green Dot $0.42
HLF Herbalife $1.29
HST Host Hotels & Resorts -$0.22
BKH Black Hills $0.38
DVN Devon Energy $0.52
INFN Infinera -$0.05
FMC FMC $1.78
ATVI Activision Blizzard $0.75
XP XP Inc $1.27
OI Owens-Illinois $0.47
LPSN LivePerson -$0.13
PEAK Healthpeak Properties Inc $0.15
SHO Sunstone Hotel Investors -$0.21
LSI LIFE STORAGE $0.69
RNG RingCentral $0.28
DEI Douglas Emmett $0.06
CAR Avis Budget $1.22
CW Curtiss-Wright $1.54
AIZ Assurant $2.42
BLKB Blackbaud $0.70
TTEC TeleTech $0.97
VRSK Verisk Analytics $1.33
EVTC Evertec $0.57
IOSP Innospec $0.89
MCY Mercury General $1.17
KWR Quaker Chemical $1.44
SPWR SunPower $0.04
RGA Reinsurance Of America $1.90
UNM Unum $1.12
PRU Prudential Financial $3.11
APAM Artisan Partners Asset Management $1.25
BBD Banco Bradesco $0.13
AFG American Financial $1.67
FCNCA First Citizens Bancshares $11.98
FNF Fidelity National Financial $1.43
ARNC Arconic Inc $0.47

Wednesday (August 4)

IN THE SPOTLIGHT: ALLSTATE

The Northfield Township, Illinois-based insurance company is expected to report its second-quarter earnings of $3.17 per share, which represents year-over-year growth of about 30% from $2.46 per share seen in the same quarter a year ago.

“Acquisition of National General marks shift towards independent agent channel. The dominant captive auto underwriter has been losing market share to direct channel. We expect this to continue, but NGHC transaction and increased focus on direct channel should mitigate its impact. Allstate also continues to diversify overall portfolio offering by growing non-traditional segments,” noted Michael W. Phillips, equity analyst at Morgan Stanley.

“Margin challenges from focus on growth. Near-term core combined ratio benefit from recession-induced decrease in driving, partially offset by restructuring charges. Auto margins worsen modestly in 2021e-2023e, reflecting competitive operating environment.”

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 4

Ticker Company EPS Forecast
FLT Fleetcor Technologies $2.93
WYNN Wynn Resorts -$1.51
CENTA Central Garden Pet $1.01
MTG MGIC Investment $0.43
DOX Amdocs $1.18
TRMB Trimble Navigation $0.60
ETR Entergy $1.40
SBRA Sabra Health Care Reit $0.15
TRNO Terreno Realty $0.24
RICOY Ricoh Company $0.05
TM Toyota Motor $4.48
ATRC AtriCure -$0.34
CLH Clean Harbors $0.82
CDW CDW $1.80
MPLX MPLX $0.66
HZNP Horizon Pharma $0.87
CVS CVS Health $2.06
YAMCY Yamaha DRC $0.38
MPC Marathon Petroleum $0.39
CRTO Criteo $0.46
PBR Petroleo Brasileiro Petrobras $0.72
BWA Borgwarner $0.80
EXC Exelon $0.68
SSUMY Sumitomo ADR $0.44
ITOCY Itochu ADR $2.04
IONS Ionis Pharmaceuticals -$0.54
CIM Chimera Investment $0.34
NYT New York Times $0.27
HWM Howmet Aerospace Inc $0.22
AVA Avista $0.26
SBGI Sinclair -$4.34
JLL Jones Lang LaSalle $1.73
SPR Spirit AeroSystems -$0.72
GM General Motors $1.69
BGCP BGC Partners $0.16
GGB Gerdau $0.36
ENBL Enable Midstream Partners $0.18
HFC HollyFrontier $0.61
NXST Nexstar Broadcasting $3.71
CRL Charles River Laboratories $2.37
BDC Belden $0.93
NI NiSource $0.13
EMR Emerson Electric $0.98
VMC Vulcan Materials $1.65
KHC Kraft Heinz $0.72
ABC AmerisourceBergen $2.03
APO Apollo Global Management $0.70
ODP Office Depot $0.54
SMG Scotts Miracle-Gro $3.50
MAC Macerich -$0.09
UE Urban Edge Properties $0.07
AEIS Advanced Energy Industries $1.27
DOC Physicians Realty $0.09
FUN Cedar Fair -$1.60
ALE Allete $0.60
MFC Manulife Financial USA $0.62
ETSY ETSY Inc $0.63
CPA Copa -$1.29
FOX Twenty First Century Fox $0.57
ALB Albemarle $0.84
WU Western Union $0.47
WCN Waste Connections $0.77
EA Electronic Arts EA $0.62
MRO Marathon Oil $0.17
STAA STAAR Surgical $0.07
BFAM Bright Horizons Family Solutions $0.35
FRT Federal Realty Investment $0.39
TS Tenaris $0.16
WDC Western Digital $1.51
CCU Compania Cervecerias Unidas $83.30
GMED Globus Medical $0.44
NSTG NanoString Technologies -$0.59
PDCE PDC Energy $1.24
MCK McKesson $4.14
MWA Mueller Water Products $0.16
APA Apache $0.56
TWO Two Harbors Investment $0.19
BKNG Booking Holdings Inc -$1.98
TNDM Tandem Diabetes Care -$0.08
SLF Sun Life Financial USA $1.17
ANGI Angie’s List -$0.04
FOXA Twenty-First Century Fox $0.57
TTGT TechTarget $0.48
MGM MGM Resorts International -$0.38
ATO Atmos Energy $0.73
LHCG LHC $1.55
AMED Amedisys $1.67
EGHT 8X8 $0.00
RVLV Revolve $0.21
QTWO Q2 $0.07
CDAY Ceridian HCM Holding Inc $0.03
EOG EOG Resources $1.54
QRVO Qorvo $2.45
HI Hillenbrand $0.77
UHAL Amerco $7.95
ANSS Ansys $1.56
CCMP Cabot Microelectronics $2.00
RYN Rayonier $0.10
MET MetLife $1.68
LNC Lincoln National $2.46
ACAD Acadia Pharmaceuticals -$0.30
RCII Rent-A-Center $1.36
ORA Ormat Technologies $0.27
NUS Nu Skin Enterprises $1.05
HR Healthcare Realty $0.06
UGI UGI $0.10
MED Medifast $3.31
KLIC Kulicke And Soffa Industries $1.36
REGI Renewable Energy $1.28
SJI South Jersey Industries $0.00
STN Stantec USA $0.47
CMP Compass Minerals International -$0.06
JACK Jack In The Box $1.48
WTS Watts Water Technologies $1.28
KW Kennedy Wilson -$0.09
CPK Chesapeake Utilities $0.70
PTVE Pactiv Evergreen $0.19
ICUI ICU Medical $1.64
HHC Howard Hughes -$0.41
UBER Uber -$0.54
DXC DXC Technology Co $0.75
ALL Allstate $3.17
CIB Bancolombia $0.50
BAK Braskem $2.83
ADT ADT $0.25
RCL Royal Caribbean Cruises -$4.35
HMC Honda Motor $0.54
UTHR United Therapeutics $3.02
SRPT Sarepta Therapeutics -$1.30

Thursday (August 5)

IN THE SPOTLIGHT: NICE SYSTEMS

NICE, the worldwide leading provider of software solutions, is expected to report its second-quarter earnings of $1.51 per share, which represents year-over-year growth of over 10% from $1.37 per share seen in the same quarter a year ago.

The company which provides enterprise software solutions worldwide in the previous quarter lifted its fiscal year 2021 EPS forecasts in the range of $6.19 and $6.39 per share, higher than the previous guidance of $6.12 to $6.32 per share. Full-year 2021 Non-GAAP total revenues are expected to be in a range of $1,800 million to $1,820 million, up from the previous guidance range of $1,790 million to $1,810 million.

TAKE A LOOK AT OUR EARNINGS CALENDAR FOR THE FULL RELEASES FOR THE AUGUST 5

Ticker Company EPS Forecast
HL Hecla Mining $0.06
NTLA Intellia Therapeutics Inc -$0.63
VSAT Viasat $0.22
MNST Monster Beverage $0.68
RVNC Revance Therapeutics -$0.96
PFSI Pennymac Financial Services $3.42
CVCO Cavco Industries $2.14
CYRX Cryoport Inc -$0.13
VGR Vector $0.26
ARNA Arena Pharmaceuticals -$2.20
STMP Stamps $1.84
PRTA Prothena $1.00
ZTS Zoetis $1.08
CNP CenterPoint Energy $0.25
TRI Thomson Reuters USA $0.43
VER VEREIT $0.31
MFA MFA Financial $0.10
NICE Nice Systems $1.51
NFG National Fuel Gas $0.87
HIMX Himax Technologies $0.57
IRWD Ironwood Pharmaceuticals $0.22
HBI Hanesbrands $0.39
HII Huntington Ingalls Industries $2.52
MAURY Marui ADR $0.27
NWSA News Corp $0.04
ABMD Abiomed $1.05
MRNA Moderna Inc $5.96
EPAM EPAM Systems $1.93
NWS News $0.04
ARWR Arrowhead Research -$0.14
VST Victory Square Tech $0.54
TECH Bio Techne $1.70
APTV Aptiv PLC $0.67
AL Air Lease $0.83
NRG NRG Energy $1.07
TYOYY Taiyo Yuden ADR $2.65
PPL PPL $0.33
GTN Gray Television $0.30
BCRX BioCryst Pharmaceuticals -$0.23
AES AES $0.29
WCC Wesco International $1.91
FOCS Focus Financial Partners Inc $0.95
AU Anglogold Ashanti $0.90
IHRT Iheartmedia -$0.10
ADNT Adient PLC $0.16
TOELY Tokyo Electron Ltd PK $1.22
ACIW ACI Worldwide $0.07
XRAY Dentsply International $0.67
BAYRY Bayer AG PK $0.46
BCE BCE (USA) $0.63
WPP WPP ADR $1.95
NJR New Jersey Resources -$0.13
ARW Arrow Electronics $2.96
MDU MDU Resources $0.53
NVO Novo Nordisk A Fs $0.78
SHCAY Sharp ADR $0.04
RMD ResMed $1.27
LXP Lexington Realty $0.03
BDX Becton, Dickinson and Co. $2.45
IRM Iron Mountain $0.35
CI Cigna $4.96
MMS Maximus $1.09
OGE OGE Energy $0.52
SRE Sempra Energy $1.59
DUK Duke Energy $1.10
BIP Brookfield Infrastructure $0.06
PENN Penn National Gaming $0.92
BLDR Builders Firstsource $1.63
CCOI Cogent Communications $0.21
PH Parker-Hannifin $4.33
K Kellogg $1.03
ITRI Itron $0.48
WRK WESTROCK $0.97
UFS Domtar USA $1.28
IDCC InterDigital -$0.09
BERY Berry Plastics $1.50
CHH Choice Hotels International $0.90
WD Walker & Dunlop $1.97
STWD Starwood Property $0.51
STFC State Auto Financial $0.00
EPC Edgewell Personal Care $0.83
GIL Gildan Activewear USA $0.51
TAL TAL International -$0.14
THS TreeHouse Foods $0.26
FLS Flowserve $0.42
EXPE Expedia -$0.60
INSM Insmed -$0.89
PZZA Papa John’s International $0.72
NKTR Nektar Therapeutics -$0.73
CNNE Cannae $0.01
XLRN Acceleron Pharma -$0.87
PHI Philippine Long Distance Telephone $0.69
VG Vonage $0.04
ROLL Rbc Bearings $1.00
ED Consolidated Edison $0.62
HTA Healthcare Of America $0.10
ENV Envestnet $0.54
OLED Universal Display $0.87
MTZ MasTec $1.23
CSOD Cornerstone OnDemand $0.52
POST Post $0.97
IOVA Iovance Biotherapeutics -$0.51
PCTY Paylocity $0.29
DIOD Diodes $1.11
ZNGA Zynga $0.09
BCH Banco De Chile $0.41
JCOM J2 Global $2.02
RBA Ritchie Bros. Auctioneers USA $0.61
ILMN Illumina $1.36
CGNX Cognex $0.42
ALTR ALTAIR ENGINEERING $0.01
Z Zillow $0.24
TRIP TripAdvisor -$0.10
FOXF Fox Factory $1.02
QDEL Quidel $1.25
IFF International Flavors Fragrances $1.48
VOYA Voya Financial $1.48
YELP Yelp -$0.09
TDC Teradata $0.46
MSI Motorola Solutions Msi $1.92
SQ Square $0.31
LOPE Grand Canyon Education $1.09
MUR Murphy Oil $0.31
CAH Cardinal Health $1.20
AMRS Amyris -$0.13
SEAS SeaWorld Entertainment $0.31
BLL Ball $0.83
BKI Black Iron Inc. $0.54
PRI Primerica $2.92
HASI Hannon Armstrong Sustnbl Infrstr Cap $0.38
SYNA Synaptics $2.00
FEYE FireEye $0.09
NNI Nelnet $1.64
MDRX Allscripts Healthcare Solutions $0.17
OUT Outfront Media -$0.11
SEM Select Medical $0.56
SFM Sprouts Farmers Market $0.45
RLJ RLJ Lodging -$0.32
AEL American Equity Investment Life $0.50
CYTK Cytokinetics -$0.66
NVAX Novavax -$3.63
BECN Beacon Roofing Supply $1.25
AAON AAON $0.32
TPL Texas Pacific Land $7.37
EXEL Exelixis $0.06
AIG AIG $1.20
LNT Alliant Energy $0.56
ITT ITT $0.90
AMH American Homes 4 Rent $0.05
PODD Insulet $0.13
REG Regency Centers $0.31
Y Alleghany $14.72
BRKS Brooks Automation USA $0.69
G Genpact $0.54
APLE Apple Hospitality -$0.01
AGO Assured Guaranty $0.76
PNW Pinnacle West Capital $1.63
PBH Prestige Brands $0.87
REGN Regeneron Pharmaceuticals $17.91
NSIT Insights $1.85
PWR Quanta Services $1.03
W Wayfair Inc. $1.17
XEC Cimarex Energy $1.89
EVRG Evergy Inc $0.74
COMM CommScope $0.43
TRGP Targa Resources $0.29
LAMR Lamar Advertising $0.86
CNQ Canadian Natural Resource USA $0.76
IBP Installed Building Products $1.47

Friday (August 6)

Ticker Company EPS Forecast
AEE Ameren $0.79
SGAMY Sega Sammy ADR -$0.01
MGA Magna International USA $1.42
D Dominion Resources $0.77
CHBAY Chiba Bank ADR $0.74
ING Ing Groep $0.35
NCLH Norwegian Cruise Line -$1.97
SRCL Stericycle $0.69
SPB Spectrum Brands $1.58
NUAN Nuance Communications $0.17
ESNT Essent $1.26
AMCX AMC Networks $1.80
LBRDA Liberty Broadband $1.03
LBRDK Liberty Broadband Lbrdk $1.03
MD Mednax $0.32
LEA Lear $2.40
FLR Fluor New $0.05
LSXMK Liberty Media SiriusXM C $0.36
LSXMA Liberty Media SiriusXM A $0.48
GT Goodyear Tire & Rubber $0.18
VTR Ventas -$0.08
IEP Icahn Enterprises -$0.05

 

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