Sunday 26 February 2017

Feb 26, 2017 - Q4 Earnings - Week 7

Q4 Earnings – Week 2017-02-26

As we are moving closer to the end of earnings season we have got more international and medium to small companies reporting. Last week Royal Bank of Canada hit the CAD 3 bln earnings mark, actually for the first time. The investors were pleased by 24% rise in earnings, 5% hike in dividends. The good news was that all areas performed well.


Target – may not be the top performer this week as holiday season was hit by discounts and competition

Mylan – market is interested to see how the company is effected by ongoing price investigation and facing competition in generics

Salesforce.com – expecting better results on the back of overwhelming demand for sales and marketing software

Valeant Pharmaceuticals – nothing new here, the company is still struggling under enormous debt burden, likely the sales of non-core assets may not be sufficient

VTB Bank and Sberbank – the Trump stance on Russia is changing, Western sanctions being in place, domestic economic still not out of the woods but having better prospects for higher oil price, all of that has definitely a direct impact on financial sector in Russia. Let’s see how the banks do in this environment.

Name
Exchange
Date
Estimated EPS
Estimated Revenue
CST Brands
US
Mon
0.36
2,460
Perrigo
US
Mon
1.62
1,340
Priceline.com
US
Mon
13.01
2,330
VimpelCom
RU
Mon
0.04
2,210
BMO
CA
Tue
1.88
Bank of Nova Scotia
CA
Tue
1.57
Target
US
Tue
1.50
Valeant Pharmaceuticals
CA
Tue
1.83
2,330
MAN
GE
Wed
BestBuy
US
Wed
1.67
ENI
IT
Wed
Evraz
RU
Wed
3,700
Lowe's
US
Wed
0.79
Luxottica
IT
Wed
Mylan
US
Wed
1.42
3,220
National Bank of Canada
CA
Wed
1.26
Office Depot
US
Wed
0.10
2,730
VTB Bank
RU
Wed
Anheuser Busch Inbev
BE
Thu
0.83
13,690
Canadian Natural Resources
CA
Thu
0.10
3,140
Costco
US
Thu
1.36
Deutsche Telekom
GE
Thu
Embraer
BR
Thu
0.73
1,870
LafargeHolcim
CH
Thu
Sberbank
RU
Thu
TD Bank
CA
Thu
1.27
Parmalat
IT
Fri

Good luck Champs!

Mr Hawk



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s view of the past and current economic and capital market environment. It is not an investment advice and should not be viewed that way at all, and the creators of this material cannot be held liable for any potential losses resulting from trading, where despite this disclaimer someone would consider this material as an investment advice. All rights reserved ©2016. Contact: landoftradingATgmail.com

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