AT&T's fiber buildout and subscriber growth are expected to yield modest sales and earnings increases, with positive analyst revisions and good past surprises, but the stock is considered boring despite its performance and yield.
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13 MAJOR Earnings This Week: Tesla, Boeing, ServiceNow + AI Chip Plays!
The creator discusses upcoming earnings reports for several major companies, including D.R. Horton, 3M, Boeing, Lockheed Martin, GE Vernova, United Airlines, Union Pacific, United Health Group, Lam Research, ServiceNow, Tesla, American Express, and AT&T. The analysis focuses on sales and earnings expectations, analyst revisions, and historical performance, with a particular emphasis on guidance and potential surprises.
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Tickers discussed in this post
American Express is a good bellwether for the premium consumer, with expected sales and earnings growth, and its focus on higher-income consumers makes it less sensitive to energy price fluctuations.
Tesla is experiencing strong sales and earnings growth, but analyst estimates have been trimmed; the stock's performance hinges on Elon Musk's commentary, particularly regarding robo-taxi and robotics, and the impact of deliveries and orders.
ServiceNow is projected to have solid sales and earnings growth, with slightly positive analyst revisions and a good earnings surprise history, but its stock performance will likely be driven by guidance and potential layoff announcements.
Lam Research is expected to deliver strong results with significant sales and earnings growth, positive analyst revisions, and a good earnings surprise history, but positive guidance is crucial to maintain its upward momentum.
United Health Group is a large, boring stock that recently gapped higher due to Medicare reimbursement increases; while sales growth is minimal and earnings are expected to decline, it could see an added lift if it reports a strong quarter and investors chase momentum.
Union Pacific is showing improving sales and earnings, with agriculture being a key factor, but the outlook is not exciting, though a better manufacturing economy could lead to positive surprises.
United Airlines shows resilient travel demand with strong sales and earnings growth, positive analyst revisions, and a history of surprises, making it the preferred airline to own, especially if a merger with American Airlines occurs.
GE Vernova is a strong performer with high sales and earnings growth expectations, a history of significant earnings surprises, and a strong demand for its turbines driven by data center energy needs.
Lockheed Martin, an IT and defense company, has stable sales and earnings expectations with a history of surprising positively, but guidance will be key, with potential upside from speculative factors like UFO technology.
Boeing faces production and quality issues, with earnings expected to decline despite sales growth, but a history of massive earnings surprises and a long-term secular growth trend in air travel suggest potential for improvement.
3M is facing significant challenges with three consecutive quarters of huge earnings disappointments, and the creator advises staying away until they can surprise and provide positive guidance.